Luxury cruise passengers stranded in Cambodia due to soaring fuel costs
Summary
Villa Vie Residences suspended the Villa Vie Odyssey’s around-the-world voyage in Cambodia, citing soaring fuel costs. The operator said it was arranging disembarkation and temporary housing for passengers while it spends 60 days on restructuring and recapitalisation; it said no outcome is assured.Key Facts
- The ship left Belfast in October 2024 on a planned 3.5-year voyage covering nearly 150 countries.
- The operator said fuel costs per cabin in parts of Asia had risen to as much as $8,000 per month, from $1,800.
- The company said it had slowed the itinerary and spent more time in port to reduce fuel use, but those steps were not enough to offset higher costs.
- The nearly 200-metre ship can carry up to 650 passengers.
- Bloomberg reported, citing the operator’s founder, that around 200 passengers were on board when they were told to disembark in Cambodia.
- The voyage was more than 750 days underway when the operator announced its suspension.
- Cabin residencies cost between $120,000 and $440,000, and rentals start at $3,500 per month.
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