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The Actual News

Just the Facts, from multiple news sources.

Money paid but no ship: The around-the-world cruise that is yet to set sail

Money paid but no ship: The around-the-world cruise that is yet to set sail

Summary

A company called Victoria Cruises Line (VCL) has been advertising an affordable residential around-the-world cruise, yet the ship has not sailed, and the company does not own or have a lease on a vessel. Customers, including retirees, have paid deposits and made significant lifestyle changes, but many have not received refunds as they wait for the cruise to commence.

Key Facts

  • Victoria Cruises Line advertised a three-year around-the-world residential cruise starting at $3,840 per month.
  • The cruise was said to cover 115 countries, and customers could stay onboard as long as they wished.
  • The company has not yet chartered a ship and many customers are waiting for refunds.
  • Some customers have sold homes, stored belongings, and reorganized their lives for the cruise.
  • Legal actions and complaints have been filed by affected customers, and some have contacted government agencies.
  • VCL claims it needs more customers before securing a ship and is still advertising the cruise.
  • The company informed customers about an occupancy condition needed to charter a vessel, citing insufficient bookings as the reason for delays.

Source Information