Utopia Residences Inks USD 1 Billion Deal for Ocean Liner

 

By ASHOK SOMAN

Utopia Residences of Beverly Hills has commissioned what they are calling the world’s most luxurious yacht from shipbuilders Samsung Heavy Industries. Uniquely, this luxury ocean liner will be offering some 200 families the option of buying homes aboard, thus making them permanent voyagers.

“This will be the grandest ship in the world and will be a center for learning, cultural exchange and philanthropy unlike any platform ever created,” said David Robb, Chairman of Utopia Residences.

Measuring 296 meters long and more than 105,000 gross tons, Utopia’s dedicated residences will range in size from 1,400sqf to 6,600sqf (130sqm to 613sqm). The ocean liner also promises a 204-room boutique luxury hotel, casino, spa, theater, night club, swimming pools, marina, signature restaurants and private residents club.

Passengers and residents can expect to travel to ports during major cultural and sporting events such as the Cannes Film Festival, Monte Carlo Grand Prix, The Olympics, Carnaval, Hong Kong Dragon Boat Festival, Melbourne Cup and other worldwide events of international acclaim.

“This is an historic day for Samsung, for Korea and for all of Asia because this ocean liner will be the most luxurious ship in the world, and the largest passenger ship ever built on the Asian continent,” said Samsung Vice Chairman J.W. Kim.

Business Wire

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