Yachts
Ulyssia’s Frank Binder on Navigating New Horizons, His Vision For Sustainable Luxury Living at Sea, and Building a Floating Community
We explore the innovative world of Ulyssia, where luxury meets sustainability aboard a residential ship designed for the discerning few—very few.
BY P.Ramakrishnan  |  December 13, 2025
5 Minute Read
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Frank Binder stands at the forefront of a maritime revolution with his most ambitious project to date: the glamorous and grand Ulyssia. As founder and chairman of Ulyssia Residences AG, Binder is crafting a unique experience that merges the opulence of high-end residential living with the dynamic lifestyle of a luxury yacht. His pioneering venture promises not only to elevate the standards of luxury travel but also to foster a deeper connection with the world’s most breathtaking locales studded around the planet.

The genesis of Ulyssia can be traced back over two decades, when Binder first encountered the concept of a residential ship. His vision has since evolved into a magnificent project that aims to provide an unparalleled living environment for its residents. “When I first came across the idea 25 years ago, I was captivated by the notion of having a home at sea,” Binder recounts. “Since then, I have explored various similar projects, but none met my standards. I knew I had to create something extraordinary.”

With an emphasis on quality and meticulous attention to detail, Ulyssia is poised to set a new benchmark in exceptional living. Equipped with high ceilings that enhance the sense of space, expansive glazing that invites natural light, and terraces designed for genuine outdoor enjoyment, every aspect of the ship has been thoughtfully curated. Binder, an architect by training, has seamlessly integrated his expertise as a yacht owner into the design, ensuring that the ship not only meets luxurious standards but also feels like a true home.

It’s not all too surprising that the response from potential buyers and the media has been overwhelmingly positive, with interest in Ulyssia reaching unprecedented levels. “People are excited about the idea of living in a floating community that offers both privacy and camaraderie,” Binder says, noting that this duality is central to the Ulyssia experience. For Binder, the concept of community is paramount. Ulyssia aims to cultivate a sense of belonging among its residents while respecting their desire for privacy. “Our residences are designed to be fully self-sufficient,” he explains. “People can enjoy the best of both worlds—engagement with like-minded individuals and the choice to retreat into their personal sanctuaries.” This approach fosters an exclusive community where residents can form meaningful connections without sacrificing their independence.

At the heart of Ulyssia’s appeal is its diverse array of amenities. Among the standout features is the Beach Club, a stunning hangout space that opens to the sea on three sides, complete with a large Jacuzzi and bar. Additionally, residents will have access to two full-size indoor padel tennis courts, a variety of exquisite dining options across seven restaurants, and even submarines for exploring the underwater world. The inclusion of helicopters for excursions further underscores the ship’s commitment to providing an extraordinary lifestyle.

Binder’s collaboration with esteemed designers and architects has been crucial in realising this ambitious vision. “To bring a project of this magnitude to life, you must partner with the best in the business,” he says. Renowned naval architect Espen Øino, known for designing some of the world’s most prestigious yachts, has lent his expertise to ensure Ulyssia embodies the essence of luxury yachting. Furthermore, Francesca Muscianisi, a designer with experience in both yachting and hospitality, has contributed to the complex interior designs, creating spaces that are both aesthetically pleasing and functional.

As Ulyssia prepares for its expected launch in 2030, Binder is acutely aware of the project’s potential to reshape the future of luxury travel and residential living. “We are setting a new standard,” he asserts. “This is not just about living in one place; it’s about a lifestyle that allows you to move freely and comfortably across the globe.” With the world becoming increasingly interconnected, Ulyssia offers a unique solution for those seeking both adventure across international waters and stability in their living arrangements.

Sustainability is also a core tenet of Ulyssia’s philosophy. With an advanced hybrid propulsion system, the ship aims to minimise its carbon footprint while providing the option for fully electric operation. “We want to be at the forefront of sustainable luxury,” Binder emphasises, highlighting the importance of responsible living in today’s world. Waste management and water treatment systems will further ensure that Ulyssia operates in harmony with its environment.

Moreover, Ulyssia is committed to engaging with the local cultures encountered during its voyages. Residents will be encouraged to connect with the communities they visit, support local initiatives, and create a positive impact. “We want to understand the places we go and engage with them meaningfully,” Binder expresses. This ethos not only enriches the travel experience but also aligns with the growing demand for purposeful tourism.

Ultimately, Binder’s Ulyssia represents a bold leap into the future of luxury living. As Ulyssia sets sail into uncharted waters, it promises to redefine the very concept of home, merging the comfort of high-end living with the thrill of adventure, all while remaining firmly anchored in sustainability and community engagement. It encapsulates a vision where the essence of travel is reimagined, allowing residents to explore the world without the burdens of packing and unpacking. “For me, luxury is about the freedom to discover without limitations,” he concludes, echoing a familiar motto of Robb Report: “Luxury without compromise.” No wonder we got along swimmingly.