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Efforts to Raise Funds for Odyssey Cruise Ship Stranded in Cambodia Appear to Falter

By ChordNews · First written (new coverage )

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Summary

Efforts to raise more funding for the Odyssey cruise ship, which remains stuck in Cambodia, appear to have faltered, leaving its passengers unsure what to do next, according to the New York Times, which also reports the ship may be headed for auction. Bloomberg reports that passengers aboard the Villa Vie Odyssey were told to disembark in Cambodia after the company said it could not afford fuel, and Bloomberg Opinion columnist David Fickling argues that low occupancy and soaring fuel costs exposed the ship's financial weaknesses.

This continues an earlier story: Luxury cruise ship Odyssey halts voyage in Cambodia over fuel costs, leaving about 200 passengers stranded

Timeline

  1. New York Times

    Source ↗

    The New York Times reports that efforts to pull together more funding for the Odyssey ship, stuck in Cambodia, appear to have faltered, and that the ship may be headed for the auction block.

  2. Bloomberg

    Source ↗

    Bloomberg reports that passengers aboard the Villa Vie Odyssey were told to disembark in Cambodia after the company said it couldn't afford fuel, and its Opinion columnist David Fickling explains how low occupancy and soaring fuel costs exposed the ship's financial weaknesses.

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