Both the Nomadic and the Titanic were launched from Harland and Wolff shipyards in 1911.
The Nomadic, like the Titanic was built by Harland and Wolff in Belfast.
Several hundred Harland and Wolff workers have marched from their shipyard to the centre of Belfast for a mass meeting.
Harland and Wolff management are currently in advanced negotiations with a Norwegian firm over a contract to build four passenger vessels.
Harland and Wolff now plans to operate on a much smaller scale.
It will focus on the construction of the ship through the lens of R J Welch, the official photographer for Harland and Wolff.
The ill-fated liner, which sank with the loss of 1, 500 lives on its maiden transatlantic voyage in 1912, was built at Belfast's Harland and Wolff shipyard.
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Management at Belfast shipyard Harland and Wolff say the firm's future may be in jeopardy unless a row over payment for an oil rig is resolved.
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Logan's first senior position was as General Manager of Harland and Wolff shipbuilders, which was followed by his appointment as the Head of Coca Cola for Central Russia.
He has already held talks with the head of the technical department at the Harland and Wolff shipyard, where the original liner, which sank in 1912, was built.
"Today is full of mixed emotion for all of us as it is likely to be the last new-build ship delivered from Harland and Wolff in the immediate future, " he said.
As well as displaying photographs of the ship itself, the exhibition will attempt to give an insight into life at the Harland and Wolff shipyard and in Belfast more generally in 1911.
Harland and Wolff said that while it was pursuing future business opportunities on a number of fronts in order to create a competitive company with a sustainable future, it had been "unable to secure sufficient firm workload to maintain current employment levels".
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