Marine Link
Sunday, December 11, 2016

UYT Commits to Build World's Largest Yacht Carrier

October 20, 2013

Image courtesy of UYT

Image courtesy of UYT

United Yacht Transport LLC, a Fort Lauderdale based yacht transport company, says it has committed to building a semi-submersible vessel scheduled for delivery in the second tax quarter of 2015.

United Yacht believes that the conversion of a Panamax size bulk vessel will produce the world’s largest yacht transport vessel with a cargo capacity exceeding 40,000 dwt. The completed dimensions of this vessel will be 229.00m x 46.00m (755’ x 151’), allowing for passage in the newly widened Panama Canal. Certain market conditions in the dry bulk shipping industry have led to a substantial reduction in the value of bulk vessels, therefore creating an opportunity for the development of a lower cost semi-submersible vessel.    

“We are committed to meeting the demand from our large-yacht clients. It is this commitment that has led to the decision for further investment into the industry. We believe this investment will ensure the large-yacht community a safe, reliable means of transportation," said Paul Haber, Chief Operating Officer for United Yacht Transport.

The company's primary delivery routes include North America, Caribbean, Central America, Mediterranean, Middle East and Asia.



 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News