Cruise ship MV Odyssey halts world voyage in Cambodia amid soaring fuel costs
The residential cruise MV Odyssey has been forced to pause its three-year around-the-world itinerary in Sihanoukville, Cambodia, as fuel expenses surged, leaving more than 200 passengers and crew stranded.
The MV Odyssey, marketed as a floating residential community, has suspended its around-the-world cruise at the Cambodian port of Sihanoukville after fuel costs rose sharply in parts of Asia. The vessel, operated by Florida-based Villa Vie Residences, was carrying 203 passengers, mostly Americans, and 156 crew members when it stopped.
Villa Vie Residences said monthly fuel expenses per cabin, which historically averaged about US$1,800, have climbed to an estimated US$6,000-US$8,000 due to disruptions in the Strait of Hormuz following the war in Iran. The company attempted to reduce consumption by slowing the itinerary and extending port stays, but the higher costs led to operating losses.
“We have been unable to continue carrying the resulting operating losses,” the operator said in a statement. “Passing the full increase on to residents is not a realistic solution. Our focus now is on supporting residents, crew, and employees.”
The operator is coordinating the disembarkation of residents and seeking temporary housing solutions, though passengers reported receiving only seven hours’ notice to leave the ship. Some passengers expressed disappointment, while others remained hopeful that a new investor might revive the venture.
The cruise began in October 2024 after a refit in Belfast and was intended to last three and a half years, with a possible extension to 2030. The Odyssey, built in 1993 and previously operated under other names, was purchased by Villa Vie Residences in 2023.
Cambodian officials indicated the ship may refuel and depart on Saturday, but no official departure date has been confirmed.