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May 21, 2025

Meyer Yachts, in partnership with Ulyssia Residences, has proudly announced an unprecedented collaboration for their upcoming project: ULYSSIA, a unique 320-meter residential yacht. The year 2025 marks a milestone for the project, with construction set to begin by the end of the year in Papenburg, Germany, home to Meyer Yachts.

Set to become the world’s most exclusive residential yacht community, ULYSSIA will feature 133 private residences and 22 guest suites. The concept was initiated by Swiss-Monegasque entrepreneur Frank Binder. The vessel is designed by world-renowned naval architect Espen Øino, with interiors by FM Architettura. Meyer Yachts will be responsible for all phases of ULYSSIA’s construction, which is expected to be completed within the next four to five years.

 

The shipyard boasts a long-standing tradition of craftsmanship and quality and is now recognized globally for its innovation and excellence in shipbuilding. As the world’s leading builder of large passenger ships, Meyer’s impressive legacy dates back to 1795. With two covered building docks and cutting-edge production facilities in Papenburg, MEYER YACHTS operates one of the world’s largest and most advanced shipyards, with construction halls measuring 307 and 504 meters in length.

The construction of ULYSSIA will be divided into the following key phases over the next four to five years:

Design Phase: This involves basic design work to define ULYSSIA from a global perspective, followed by detailed engineering leading to production-ready workshop drawings.

Construction and Technical Outfitting: Based on workshop drawings, steel and pipe construction begins, followed by the technical outfitting of ULYSSIA. The first structural components—known as “blocks”—will be assembled in the historic dry dock.

Assembly and Interior Design: After approximately 18 months, the initial blocks will be ready for assembly. Between months 40 and 44, the focus will shift to interior outfitting and completion of the yacht’s innovative onboard environment.

Testing, Sea Trials, and Delivery: A sequence of tests and sea trials will precede the final delivery and ULYSSIA’s inaugural voyage.

Alain Gruber, CEO of Ulyssia Residences, stated that the company is thrilled to collaborate with MEYER YACHTS in creating the masterpiece that ULYSSIA will become. This generational project is a legacy for founder and chairman Frank Binder and the many talented team members behind ULYSSIA, with a vision to redefine global standards in luxury, sustainability, environmental responsibility, and crew well-being.

Lars Kruse, Head of Sales & Design at MEYER YACHTS, commented on how ULYSSIA is revolutionizing the design and construction of residential yachts, elevating the entire sector to a completely new level. In addition to its striking exterior and conceptual design, ULYSSIA is entering an entirely unique market and setting new benchmarks in the history of shipbuilding. Meyer Yachts is honored to have been selected as the construction partner by the Ulyssia Residences team and looks forward to the journey ahead.

Onboard ULYSSIA, elegant interiors, cutting-edge technology, and impeccable services converge to offer residents a lifestyle like no other. ULYSSIA’s passengers will enjoy the unique opportunity to travel the world in privacy and safety—from the comfort of their own home—visiting elegant marinas, iconic cities, and the planet’s most remote destinations.

Through philanthropic and community-driven initiatives, including cultural and environmental conservation projects, residents will have the chance to leave a positive impact wherever they go.

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Giulia Pasetto

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