A fuel transfer system for moving nuclear reactor fuel assemblies from a new fuel storage pit to a containment area containing the nuclear reactor, and for transferring spent fuel assemblies under water from the reactor to a spent fuel storage area. The system includes an underwater track which extends through a wall dividing the fuel building from the reactor containment and a car on the track serves as the vehicle for moving fuel assemblies between these two areas. The car is driven by a motor and linkage extending from an operating deck to a chain belt drive on the car. A housing pivotally mounted at its center on the car is hydraulically actuated to vertically receive a fuel assembly which then is rotated to a horizontal position to permit movement through the wall between the containment and fuel building areas. Return to the vertical position provides for fuel assembly removal and the reverse process is repeated when transferring an assembly in the opposite direction. Limit switches used in controlling operation of the system are designed to be replaced from the operating deck when necessary by tools designed for this purpose.