Iran war drives up fuel costs: US cruise ship MV Odyssey runs out of money, suspends voyage; 200 left stranded
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓More than 200 passengers are stranded in Cambodia after the MV Odyssey cruise ship ran out of money.
- ✓The operator said, "We have been unable to continue carrying the resulting operating losses." Skyrocketing fuel costs caused by the war in Iran forced the ship to stop its global voyage indefinitely.
Story at a Glance
- Category
- MARKET
- Reported By
- mint
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
More than 200 passengers, mostly Americans, are stranded in Cambodia after the operator of a luxury US cruise ship that was on an around-the-world voyage ran out of money due to skyrocketing fuel costs.
According to the Associated Press, the MV Odyssey set sail two years ago on a voyage to the seven continents marketed as combining long-term living at sea with global travel.
Its operator had offered to "make the Odyssey your permanent home," with the purchase price of a suite for the lifetime of the vessel starting around $230,000.
For now, it is docked at the Cambodian port of Sihanoukville on the Gulf of Thailand, with no certain departure date.
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