I’m amazed and impressed, and hope it all works out!
The initiators are led by Captain Vladimir Martus, owner and builder of the Shtandart, a replica of Russia’s first naval vessel, which was built by Tsar Peter the Great in 1703, and was also named Shtandart. She was launched in 2000 and has sailed ever since – so I guess they know what they’re doing.
The plan is to lay the keel of the new vessel in 2017, and to launch the new Cutty Sark in 2019. As the site says, the first step is to acquire copies of as much documentation as possible to make it possible for the project to go ahead.