29 Oct 2026

SIHANOUKVILLE, October 29, 2026 — Hundreds of people living aboard a residential cruise ship have been forced to disembark in Cambodia after soaring fuel costs linked to the Iran war made its around-the-world voyage financially unsustainable.
The Villa Vie Odyssey, which had been sailing continuously for more than two years, suspended operations while docked at Sihanoukville Autonomous Port in Preah Sihanouk province on October 27, 2026, according to Reuters.
The ship’s Florida-based operator, Villa Vie Residences, said the surge in fuel expenses had placed its business model under unsustainable financial pressure. Residents were told to leave the vessel, with some reportedly given only hours to pack their belongings and make alternative arrangements.
The company said monthly fuel expenses, which had historically averaged around US$1,800 per cabin, had climbed to an estimated US$6,000 to US$8,000 in parts of Asia.
The increase has been linked to disruptions in energy shipments through the Strait of Hormuz amid the conflict involving Iran.
Villa Vie said it had attempted to reduce fuel consumption by slowing the ship’s itinerary and spending more time in port. However, those measures were insufficient to offset the extraordinary rise in operating costs.
The company said it could not simply transfer the full increase to residents, leaving it unable to sustain the resulting losses.
The Villa Vie Odyssey can accommodate up to 650 residents, but 203 passengers and 156 crew members were aboard when operations were suspended, according to Preah Sihanouk Deputy Governor Long Dimanche.
Some passengers had already departed by air, while others remained in Sihanoukville seeking accommodation and deciding their next steps.
The company said it was arranging temporary accommodation for affected residents and exploring options to restructure and recapitalise the business over the following 60 days. However, no financing had been finalised.