An old lady who claims to be a survivor of the Titanic tells her story to an eager group of tresure hunters, who are insearch of a rare diamond in the Titanic's wreckage.
Her name is Rose and she was a passenger on the Titanic along with the star, Jack.
The two meet and Rose, unhappy with her arranged marriage to male chovanist pig Cal. Jack, a young artist, who struggles to get through with life yet inexplicably enjoys it, sees the true Rose hidden behind the upper class snob. As he continues to spend time with her the two fall in love and kiss on the bow of the Titanic. Meanwhile the ship hits an iceberg and Jack is framed for theft and chained up in the lower levels of the ship WHILST IT IS SINKING! Rose tries to find a way to free him, and get off the ship.
Will they both survive the sinking?