` Australia’s Richest Men Commission Chinese Company to Build Titanic 2 by 2016 ‘

#AceFinanceNews – AUSTRALIA – April 19 – Clive Palmer, one of Australia’s richest men, has commissioned a Chinese state-owned company to build a 21st Century version of the Titanic.

The mining billionaire told Australian media that construction would start at the end of next year.

It would be ready to set sail in 2016.

The plan, he added, was for the vessel to be as similar as possible to the original Titanic in design and specifications, but with modern technology.

Mr Palmer told Australian media that he had signed a memorandum of understanding with CSC Jinling Shipyard to construct the ship.

“It will be every bit as luxurious as the original Titanic but of course it will have state-of-the-art 21st Century technology and the latest navigation and safety systems,” he said in a statement.

The announcement comes just weeks after the centenary of the sinking of the ill-fated Titanic.

The vessel, the largest luxury ship in its time, struck an iceberg on its maiden voyage from Southampton to New York.

It went down on 15 April 1912, leaving more than 1,500 people dead.

Ace Related News:
1. http://www.bbc.co.uk/news/world-asia-17890754

#AFN2014

#australia, #csc-jinling, #titanic

` ` US are considering `Extradition ' of `Silk Road ' moderator of website related to those wanting to buy illegal Goods '

#AceFinanceNews – Australia – March 22 – The authorities are considering extradition to the US of an alleged moderator of Silk Road, a website that used to connect those who wanted to buy illegal goods, such as drugs, and pay for them with digital currency, like Bitcoin.

Last December, three men involved with the Silk Road website were charged with conspiracy to engage in drug trafficking, hacking and money laundering.

Extradition of one of them, native Australian Peter Phillip Nash, 41, from Queensland state, has been demanded by the US.

#AFN2014

#ans2014, #australia, #australian, #bitcoin, #queensland, #silk-road, #us