{"id":949225,"date":"2026-10-28T09:38:13","date_gmt":"2026-10-28T09:38:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/949225\/"},"modified":"2026-10-28T09:38:13","modified_gmt":"2026-10-28T09:38:13","slug":"continuous-round-the-world-cruise-comes-to-an-end-as-iran-war-spikes-fuel-costs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/949225\/","title":{"rendered":"Continuous round-the-world cruise comes to an end as Iran war spikes fuel costs"},"content":{"rendered":"

\n A residential cruise ship that has been sailing around the world continuously for more than two years has evicted passengers in Cambodia after the fallout from the Iran war made fuel prices too expensive to continue its voyage.\n <\/p>\n

\n The Florida-based operator of the luxury Villa Vie Odyssey announced Tuesday<\/a> that it was suspending operations in Cambodia and working to identify temporary living arrangements for its residents, many of whom own cabins on the ship and live there permanently.\n <\/p>\n

\n \u201cSince the conflict began in late February, we have taken significant steps to reduce fuel consumption, including slowing the itinerary and spending more time in port,\u201d Villa Vie Residences said in a statement.\n <\/p>\n

\n \u201cThose measures have not been enough to offset the extraordinary increase in fuel costs, and we have been unable to continue carrying the resulting operating losses.\u201d\n <\/p>\n

\n CNN has reached out to Villa Vie Residences for comment.\n <\/p>\n

\n The Odyssey has been sailing continuously since it left Belfast, Northern Ireland more than two years ago, following months of delays.<\/a> The 640-foot vessel is described as an \u201cintimate\u201d ship which offers \u201ca new way to live,\u201d reaching \u201cparts of the world other ships can\u2019t access.\u201d\n <\/p>\n

\n A five-year residency aboard the Odyssey begins at $59,999, while a permanent cabin costs $119,999, according to the Villa Vie website. Owners also pay monthly fees, currently ranging from $3,299 to $9,500 depending on the suite, which cover food, drinks, Wi-Fi, medical visits, housekeeping and other costs. Passengers can also rent cabins from $3,499 per month.\n <\/p>\n

\"Holly<\/p>\n

\n The ship was set to visit more than 400 destinations as it perpetually circumnavigated the globe, according to its website.\n <\/p>\n

\n But surging fuel costs caused by the Iran war and disruptions in the Strait of Hormuz have created \u201cunsustainable financial pressure,\u201d Villa Vie Residences said in its statement.\n <\/p>\n

\n According to the company, monthly fuel costs per cabin have risen from around $1,800 to as high as $8,000 in parts of Asia, which is a heavy importer of energy from the Middle East.\n <\/p>\n

\n \u201cPassing the full increase on to residents is not a realistic solution,\u201d said Villa Vie, adding it is working toward \u201crestructuring and recapitalization\u201d over the next two months but \u201cno outcome is assured.\u201d\n <\/p>\n

\n Holly Hennessy, who has been aboard the Odyssey with her cat Captain since the ship first set sail, said residents were given less than one day\u2019s notice before they had to disembark, but the writing had been on the wall.\n <\/p>\n

\n \u201cIt\u2019s been incredibly tough since the war,\u201d Hennessy said, noting residents were asked to pay a fuel surcharge back in May. The Odyssey has been cutting back on cooling to conserve energy, she added, which would have made it uncomfortable to stay aboard the ship.\n <\/p>\n

\"Captain<\/p>\n

\n Still, she said, the opportunity to live aboard the ship was \u201cpriceless.\u201d\n <\/p>\n

\n \u201cIt was not sustainable as it was set up,\u201d Hennessy said. \u201cThat doesn\u2019t diminish the memories, the adventure, the very special moments of having been a true global citizen.\u201d\n <\/p>\n

\n Sharon Lane, a retiree from California who purchased a cabin on the ship, told CNN in June<\/a> she planned to live on the Odyssey as long as it was operational. Last year, the cruise company estimated the ship had 15 years of seafaring left.\n <\/p>\n

\n \u201cThis is a home,\u201d said Lane, who poured her life savings into her cabin. \u201cI\u2019m just living on and loving the ship.\u201d\n <\/p>\n","protected":false},"excerpt":{"rendered":"A residential cruise ship that has been sailing around the world continuously for more than two years has…\n","protected":false},"author":2,"featured_media":949226,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48],"class_list":["post-949225","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/949225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=949225"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/949225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/949226"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=949225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=949225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=949225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}