The Titanic II will be a modern day version of the original Titanic. The doomed ship was believed to be unsinkable and yet it sunk because of an iceberg. The new Titanic II will have the same design and decor as the original.
There will be some modern day technologies on the Titanic II, like air conditioning. What is not changing is for instance that passengers in the three classes are not allowed to mingle.
Clive Palmer did not reveal how much the Titanic II will cost. He said though, that it is not about the money, which basically says that he builds it because he wants to have the biggest toy in the world.