Superstorm Sandy delays Titanic II project

Australian mining magnate Clive Palmer has delayed the roll-out of details for his Titanic II project out of respect for the victims of superstorm Sandy.

The Queensland billionaire businessman had planned a series of five highbrow events as part of the unveiling of his modern version of the ill-fated passenger liner.

According to a statement issued by the project's Blue Star Line Brisbane base on Thursday, events being held in Southampton, London, New York, Boston and Halifax in December have been postponed until late February 2013.

"We apologise for any inconvenience caused by this unforeseen postponement of the Titanic II events," the statement read.

"However, we trust you will agree that it would be inappropriate to celebrate this exciting project while so many people are dealing with the loss of loved ones, or trying to piece their lives back together in the wake of the disaster."

Sandy has killed at least 110 people in the United States and Canada and caused tens of billions of dollars worth of damage.

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