2013 is a landmark year since it marks the 101st anniversary of the sinking of the historic ill-fated ship “R.M.S Titanic”. The gargantuan vessel, which hit headlines around the world at the time of its launch in the year 1912 on account of its unparalleled grandeur, has been resting at the bottom of the Atlantic Ocean for more than a century. However according to latest reports plans are afoot to bring back the glory of the Titanic back to life with the creation of the Titanic 2, which is supposed to be an exact replica of the original. The estimated time of launch of the vessel has been tentatively set to the year 2016. Once completed, the massive vessel is expected to transport thousands of passengers across the sea. Recently billionaire Australian mining tycoon Clive Palmer, also the owner of the Blue Star Line, a reputed shipping company held a press conference in New York to unveil the blueprints of the Titanic 2. Palmer's ambitious plans include sailing the new Titanic across the Atlantic Ocean on the same route as the one taken by the ill-fated ship as a tribute to those who built the original. According to media reports the new age Titanic 2 will make its debut voyage from Southampton to New York in 2016. Titanic 2 will possess enough space to accommodate a maximum of 2,600 passengers in its 850 cabins. As per estimates the ship will employ about 900 crew members on board. Reportedly the length of the Titanic 2 would be approximately three inches longer than the original ship whose length was measured at 883 feet. Some sources claim that in a stark contrast from the original Titanic which ran out of life boats when they were most needed, the new ship will have 18 lifeboats on board which can ferry a maximum of 2,700 passengers. The replica will feature several key design elements from the original. Titanic 2’s designers are trying very hard to recreate the grand staircase which was the one of the most striking features of the 20th century vessel. However modern touches like an advanced air conditioning system and internet connectivity will be incorporated on the new ship. Palmer is not very enthusiastic about the new features like Internet connectivity since he believes that when someone is on a vacation they should only relax. The Titanic2 would be also feature amenities that were present in the sunken Titanic like a gym, Turkish baths, squash court and swimming pools. It will also retain the separate dining halls for different classes of passengers as well the captain's sitting room and other quarters. The passengers will be provided with 20th century style period costumes to help recreate the ambience of the fabulous 20th century vessel. The mining tycoon has not divulged any details regarding the pricing of the tickets but reports indicate that the most exclusive ones can be as high as $1 million.