Australian billionaire delays New York Titanic gala after Sandy


SYDNEY (REUTERS) - An Australian mining magnate who plans to build a replica of the Titanic said on Friday he is delaying a New York gala to unveil details of the project out of respect to those affected by Hurricane Sandy.

Billionaire businessman Clive Palmer had planned to hold a dinner aboard the former aircraft carrier USS Intrepid on Dec 4, serving guests a menu based on the 11-course meal that was provided to first class passengers on the Titanic the night it sank in 1912.

"Mayor Michael Bloomberg canceled the city's world renowned New York Marathon last weekend as he didn't want a cloud to hang over the event in the wake of the hurricane and the damage it inflicted," Mr Palmer said in an emailed statement.

"New York had a close relationship with the original RMS Titanic and the shipping company White Star Line and we believe it is too early to be holding our launch while the city and the region continues its recovery," he added.