By Sohaib Shams
A U.S. residential cruise ship on a three-year global voyage has suspended operations in Cambodia after fuel costs surged, leaving about 200 passengers without their floating homes.
Voyage Cut Short
The Odyssey, operated by Florida-based Villa Vie Residences, set sail two years ago on a planned journey to seven continents marketed as long-term living at sea. The ship docked at Sihanoukville Autonomous Port on Oct. 23 for a scheduled five-day visit but remained there as of Wednesday, unable to continue to Vietnam.
Fuel Expenses Triple
Monthly fuel expenses per cabin, which historically averaged $1,800, have risen to an estimated $6,000 to $8,000 in parts of Asia during the war in Iran. The company said slowing the itinerary and spending more time in port failed to offset the increase.
Company Cites Operating Losses
Villa Vie Residences said it could not continue carrying the resulting operating losses and that passing the full increase to residents was not realistic. The company is now focusing on supporting residents, crew, and employees while it attempts to restructure.
Passengers and Crew Affected
The ship carried 203 passengers of 15 nationalities, mostly Americans, and 156 crew members. Passengers have been told to leave the vessel, while the crew's status remains unclear. The Odyssey had a confirmed itinerary through November 2027, and a second residential ship was planned for 2029, though the suspension statement did not address that project.
