Luxury cruise passengers stranded in Cambodia due to soaring fuel costs

A luxury cruise ship on a years-long voyage around the world said it suspended operations due to extraordinarily high fuel costs, leaving passengers stranded in Cambodia.

The US-based operator of Villa Vie Odyssey said it was working with passengers on disembarkation plans and "temporary living arrangements".

It is unclear how many were on board but the nearly 200m (656ft) vessel can carry up to 650 passengers. It departed Belfast in October 2024 for a "continuous voyage around the world".

Global fuel prices have soared since the Iran war started earlier this year. The ship's operator said the monthly fuel cost per cabin in parts of Asia has risen to as much as $8,000 (£6,000) from $1,800.

The company said it had taken "significant steps to reduce fuel consumption, including slowing the itinerary and spending more time in port". But those measures turned out to be insufficient to "offset the extraordinary increase in fuel costs".

"Passing the full increase on to residents is not a realistic solution," it said.

The company would spend the next 60 days on "restructuring and recapitalisation", though "no outcome is assured", it said.

The Villa Vie Odyssey's voyage was expected to span 3.5 years and cover nearly 150 countries, according to its website.

Its departure had faced delays as the ship underwent repairs, leaving passengers stranded in Belfast for months and costing the company millions of pounds.

The ship was more than 750 days into its circumnavigation before announcing its suspension of its journey on Tuesday - which means its passengers would now be stranded in Cambodia.

There were around 200 passengers on board when they were ordered to disembark in Cambodia, Bloomberg reported, citing the cruise operator's founder.

The Villa Vie Odyssey is equipped with several bars and restaurants, a pool deck and a pickleball court, according to its website.

Permanent residencies in its cabins range from $120,000 to $440,000. These cabins are also available for rent from $3,500 a month.

Last year, the company launched a lifetime residence programme for people to spend their retirement years at sea.

In 2024, days after US President Donald Trump won his second term, Villa Vie Residences announced a four-year "Skip Forward" package. Its CEO told Fox Business at the time that it was the "perfect product for those who said they'd leave the country if 'XYZ' wins the election".