Utopia (cruise ship)
History | |
---|---|
Name | Utopia |
Owner | Utopia Residences |
Operator | Utopia Residences |
Port of registry | ![]() |
Route | Circumnavigation of the world |
Ordered | November 20, 2009 (amended in 2012) |
Builder | Samsung Heavy Industries |
Cost | US$1.1 billion |
Notes | [1] |
General characteristics | |
Type | Residential cruise ship |
Tonnage | 108,000 GT |
Length | 296 m (971 ft) |
Beam | 36 m (118 ft) |
Height | 50 m (160 ft) |
Draught | 8.3 m (27 ft) |
Decks | 16 |
Installed power | 50,400KW 6 × Wärtsilä diesel engines |
Propulsion |
|
Speed | 22 KN |
Capacity |
|
Crew | 600 |
Notes | [1] |
Utopia is a planned luxury residential ocean liner project. A formal marketing launch of the ship, reportedly costing US$1.1 billion, is expected in 2021.[2] The original binding letter of intent to build Utopia was amended in 2017.[3] The ship was to be built by Samsung Heavy Industries, one of the largest shipbuilders in the world.[4][5] The Finnish engineering company Elomatic Marine is credited for the design concept of the vessel, with architectural design by Tillberg Design U.S.[1]
The original business plan called for residences with prices from US$3.9 million to US$30 million, but as of 2018 Utopia has increased its prices to $36 million.[6]
Amenities[]
The 296 m (971 ft), 108,000 GT, ship will have 190 residences ranging in size from 130 to 613 m2 (1,400 to 6,600 sq ft).[7] The ship will also have 175-room hotel, casino, 16,000 sq ft spa, night club, and many other amenities typical of large-scale commercial ocean-cruise liners. The company recently received regulatory approval for open floor plans and open-air kitchens (a first of its kind milestone for the passenger ship industry), which allows the kitchens to resemble the open-concept kitchens in modern North American land-based homes.
Financing[]
The ship will be largely financed by the Frontier Group, a private equity firm with offices in Los Angeles and Washington, D.C. Frontier will put up most of the funds to cover the US$1.1 billion in construction costs.[8] In 2018, Frontier reported that the financing contingencies have been removed, clearing the path for the project to continue forward.[citation needed]
See also[]
- MS The World, a similar resident-owned vessel currently in service
References[]
- ^ Jump up to: a b c Henrik Segercrantz (February 2010). "Utopia". Maritime Reporter. Retrieved 24 November 2010.
- ^ Business Insider: Permanent apartments on cruise ship
- ^ "Utopia Residential Ship Signs Contract with Shipyard". Archived from the original on July 17, 2011. Retrieved 2009-12-21.
- ^ "Our Partners - Shipbuilder". Utopia. Retrieved 11 January 2015.
- ^ "SHI Opens an Era of Cruise Shipbuilding in Korea". Samsung Heavy Industries. 2 December 2014. Retrieved 11 January 2015.
- ^ Business Insider: Permanent apartments on cruise ship
- ^ "Elomatic and Utopia's historic conceptual design for residential ocean liner one step closer to becoming reality". Elomatic. Retrieved 24 November 2010.
- ^ Christopher Tritto (13 December 2009). "Frontier backs US$1 billion luxury ocean liner Utopia". St. Louis Business Journal. Retrieved 24 November 2010.
External links[]
- Proposed ships
- Ships built by Samsung Heavy Industries