MEYER YACHTS partners with Ulyssia Residences to build ULYSSIA, a one-of-a-kind 320-metre residential yachting masterpiece commencing later this year
MEYER YACHTS is set to commence this unparalleled project in Papenburg, Germany, in late 2025
April 2025, Miami, FL MEYER YACHTS, together with Ulyssia Residences, is thrilled to announce an unparalleled partnership in their upcoming project, ULYSSIA, a one-of-a-kind 320-metre residential yacht. 2025 marks a milestone year for the project, with track construction to begin later this year in Papenburg, Germany, where MEYER YACHTS is headquartered.
Set to become the world’s most exclusive residential iate community with 133 residences and 22 guest suites, ULYSSIA is envisioned by Monaco-based Swiss entrepreneur, Frank Binder. It is designed by renowned naval architect Espen Øino, with interiors by FM Architettura. MEYER YACHTS will carry out all construction phases of ULYSSIA, with completion of the project due in 2029.
The shipyard has a rich history of craftsmanship and quality and is renowned today for its innovation and excellence in shipbuilding. As the world’s prime builder of large passenger ships, it has a notable history of delivering complex and high-value vessels dating back to 1795.
The construction of ULYSSIA will be broken down into the following key phases over the next four years:
Conceção: This phase involves the basic design of defining ULYSSIA from a global perspective, followed by the detailed design that culminates in workshop drawings.
Construction and Technical Outfitting: Using these workshop drawings, steel and pipe construction then begins, followed by ULYSSIA’s technical outfitting. The first elements of ULYSSIA – so-called ‘blocks’ – are assembled in the historic building dock.
Assembly and Interior Design: After approximately 18 months, the first of these ‘blocks’ is ready to be assembled. Towards the later phases of the project – between months 40 and 44 – equipment and interior outfitting are carried out to complete this groundbreaking vessel.
Test, Trial, and Delivery: A test and trial sequence then takes place ahead of delivery and ULYSSIA’s maiden voyage.
Alain Gruber, CEO of Ulyssia Residences, says:
“We are delighted to be working together with MEYER YACHTS to create the masterpiece that ULYSSIA will become. This generational project is a legacy for Founder & Chairman, Frank Binder and the many talented team members behind ULYSSIA, aimed at redefining the standard in luxury, sustainability, environmental impact and crew welfare.
As the leading name within the industry, we knew from the very start of the project that MEYER YACHTS would be the perfect build partner to bring ULYSSIA to life. We feel so fortunate to have secured a 2025 construction slot with MEYER YACHTS, now that the calendar is fully booked for the next five years. We’re greatly looking forward to these next few years ahead, culminating in ULYSSIA setting sail on her maiden voyage from Monaco.”
Lars Kruse, Head of Sales and Design at MEYER YACHTS, comments:
“The project ULYSSIA is revolutionising residential yacht design and construction, in doing so elevating the entire industry to a whole new level. Beside the stunning exterior and concept design, the market ULYSSIA is leading into is absolutely unique and setting new milestones within shipbuilding history. We are honoured to have been chosen as a build partner by the Ulyssia Residences team and we look forward to the journey ahead.”
Ulyssia Residences
ULYSSIA is the world’s most exclusive residential yacht community. A 320-metre/1,050-foot masterpiece envisioned by Frank Binder, designed by Espen Øino and constructed by MEYER YACHTS, ULYSSIA comprises 133 exceptional residences and 22 guest suites, complemented by exquisite five-star amenities.
Aboard ULYSSIA, elegant interiors, cutting-edge technology and impeccable service combine to offer residents a unique lifestyle. ULYSSIA’s residents have the extraordinary opportunity to journey in safety and privacy to all corners of the world from the comfort of their own home – to chic yachting ports, iconic cities and the remotest locations on Earth.
Through philanthropic and community initiatives including environmental conservation and cultural preservation projects, residents have the opportunity to leave a positive impact wherever they go. Welcome to ULYSSIA – where your home is the world and your life knows no boundaries.
MEYER YACHTS
With two covered building halls and state-of-the-art manufacturing facilities in Papenburg, MEYER YACHTS has one of the largest and most modern shipyards in the world with halls of 307 and 504 metres in length. Around 50 luxury vessels have left the shipyard – and the next vessels are already under construction.
