There have been several proposals and studies for a project to build a replica ship based on the Titanic. A project by South African businessman Sarel Gaus was abandoned in 2006, and a project by Australian businessman Clive Palmer was announced in 2012, known as the Titanic II. In late 2014 it was announced that the project has been abandoned due to low funding.
A Chinese firm named "Seven Star" commenced a project in January 2014 to build a replica of the Titanic for use as part of a water-front theme park. The ship will take on passengers and then, without actually leaving port, it will simulate being struck by an iceberg and sinking. The project has been criticised as being in "poor taste".
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