By Ewan Gleadow & Ryan Fahey Plans are in motion to construct a brand new vessel modelled on the doomed Titanic liner. The Titanic II is expected to cost an eye-watering £1billion, and will set sail as soon as 2027, the tycoon who dreamed up the idea has said. The plans have been underway for the best part of a decade and there have been several failed launches and setbacks already. Clive Palmer, an Australian mining tycoon, has become set on getting the unsinkable ship back on the waves. The RMS Titanic left Southampton on its maiden voyage in May 1911, carrying 2,240 passengers and crew on b…