Can Titanic II rule the waves? Clive Palmer's pet project will face some stiff competition from today's luxury cruise ships. Photo: Paul Harris
The launch of mining billionaire Clive Palmer's ambitious Titanic II has been delayed in the wake of Hurricane Sandy, placing its high-profile guest list in doubt.
The gala dinner was due to take place on retired warship USS Intrepid in New York on December 4 but the plans were scuttled when the hurricane devastated the US east coast in October.
The dinner will now take place on February 26 when Mr Palmer will unveil the design plans for his replica of the early-20th century cruise ship.
Titanic II, meet your rivals
What the Titanic II will be up against ... the Seabourn Odyssey. Boutique cruise ships are hot and Seabourn Cruise Line's Sojourn and Quest carry just 450 guests apiece in ocean-facing accommodations, and have one of the highest ratios of space per guest in the cruise industry.
It's not yet known whether high-profile guests including both the daughter and sister of former US president John F Kennedy will still be attending.
New invitations have been sent to all guests, including Caroline Kennedy, Jean Kennedy Smith, and New York mayor Michael Bloomberg.
Other Titanic II events will take place in Macau, Boston, Halifax in Nova Scotia, London and Southampton in February and March, according to a statement from Mr Palmer on Thursday.
The ship is scheduled to set sail in 2016, cruising from Southampton to New York along the route of the original ill-fated liner.
Palmer's Blue Star Line has contracted a Chinese company to build the ship, which is being designed by a Finnish engineering firm.
The colourful magnate, whose net worth is estimated to be $795 million, says he wants to give passengers an authentic Titanic experience.