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Will the Titanic set sail once again?

The Titanic Credit: PA

Today we'll be bringing you exclusive web content ahead of the announcement by Australian billionaire, Clive Palmer, that he is going ahead with plans to build a full size replica of the Titanic.

Work is due to start later this year on Titanic II and her maiden voyage is planned from Southampton to New York in 2016.

Our transport correspondant Mike Pearse is in New York with all the latest details, and we'll be getting reaction from the families of those who died when the original Titanic hit an iceberg in 1912.

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