SEOUL, Nov 30 (Reuters) – Samsung Heavy Industries (010140.KS) said on Monday that it has won a $1.1 billion order from Utopia Residences, a U.S.-based cruise and hotel operator, to build a luxury cruise vessel.
The South Korean shipbuilder said in a statement it expects to sign the final contract during the first half of next year, with the ship due to be delivered by 2013.
Here’s the book’s website. It is called Universal Coverage, and asks: “If the system failed you, how far would you go to save your child?”.
Terry Floyd gave an unconference presentation at Seasteading09 about the possibility of holding a conference on a cruise ship. This could replace or supplement our 2010 Conference (for example, it could be in a different region like Europe, Asia, or the US Eastern Seaboard). Terry created a survey which many conference attendees have filled out, and we’d like to get y’alls responses as well.
BTW, videos from the conference should start appearing this week or next!
I’m glad to see other people trying this area, we are actively investigating it as well, and the more players the better when it comes to getting acceptance for a new industry. It will be tough to make it work, though, a number of post-ResidenSea ventures have tried a condo cruise ship, and none have pulled it off. It is worth keeping in mind that investors, founders, and banks lost approx $100M to $200M on ResidenSea, out of a $270M or so investment!
AMW sends us this video making it clear that cities on the sea are possible – they are being built every day. Like Royal Caribbean’s new ship – the biggest cruise ship ever: