Clive's new vessel?

Has Clive abandoned the grand plan to build a replica of the Titanic? Latest news from planet Palmer seems to indicate he is now in favour of raising the wreck of the good ship UAP which went down during WW2. Most of you might recall that the UAP was not a victim of enemy action ... but rather, was scuttled to make way for a newer vessel to be manned by Capt. R.G. Menzies and his crew.
Since the UAP was out of date in 1945, what makes Clive think it would be any better than a rebuilt Titanic?

I wonder if it was equipped with deck-chairs as well?