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Green Marine

about 17 years ago

Utopia Signs Letter of Intent with Samsung

Utopia Residences and Samsung Heavy Industries have signed a letter of intent to build a 105,000-ton ship combining the best features of a private residential vessel with those of a cruise ship, explained Captain Ola Harsheim, senior vice president of shipbuilding and operations. The construction co

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Utopia Residences and Samsung Heavy Industries have signed a letter of intent to build a 105,000-ton ship combining the best features of a private residential vessel with those of a cruise ship, explained Captain Ola Harsheim, senior vice president of shipbuilding and operations. The construction cost is estimated at $1.1 billion, and plans call for a contract to be signed next summer and delivery in 2013.

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