Everyone is calling it the "return of a legend." Last year, Australian billionaire Clive Palmer revealed plans for Titanic II, a modern-day functioning replica of the original luxury liner. According to the design plan, "While every bit as luxurious as her namesake, Titanic II will have every modern amenity along with 21st century technology and the latest navigation and safety systems." Passengers can purchase tickets and experience a journey across the ocean in a real life flash to the past, including class divisions and even costumes from the time period.

Just like the original, the accommodations are designed to match the finest restaurants and hotels on land. The plush furniture, carved oak designs, wrought iron and glass dome, and grand central staircase will mimic the grandeur of the original ship, and Palmer says, "This magnificent vessel is to be constructed in memory of the heroic people who served on the ship, the passengers who sadly shared their fate, and all those that survived the tragedy."

The vessel will take its maiden voyage from Southampton to New York in 2016 and something important to note, the new design will be extremely prepared for any emergency, equipped with 18 modern lifeboats that can hold beyond the ship’s capacity of 2,435 passengers and 900 crew.