‘Cruise for life’ ship seized in Singapore amid financial crisis

SINGAPORE — A round-the-world cruise that left passengers stranded in Southeast Asia after its US-based operator ran out of money has been arrested in Singapore. The Odyssey, meant…

SINGAPORE — A round-the-world cruise that left passengers stranded in Southeast Asia after its US-based operator ran out of money has been arrested in Singapore. The Odyssey, meant to take passengers on a continuous voyage around the world, was arrested after arriving on Sunday from Cambodia, Singapore's Maritime and Port Authority (MPA) said on Monday."The vessel has been placed under arrest pursuant to a court order," the port authority said in a statement, without giving further details.

The Odyssey, which set off from Belfast in October 2024 and was meant to take guests on a years-long voyage around the world, is now anchored in Singapore port waters, local authorities say.

Around 200 guests were forced to leave the ship last month in the Cambodian port city of Sihanoukville, after its owner Villa Vie Residences abruptly suspended operations, citing "extraordinary increases in fuel costs".The crew onboard are reported to be well, Singapore's port authority said."Arrangements for their welfare and wellbeing are being managed by the vessel's creditors," the authority said, adding that the vessel had been "placed under arrest pursuant to a court order".Singapore law firm Helmsman LLC has been named the "arresting solicitor", but it is not clear which party it represents.

The Odyssey was meant to go on a three-and-a-half-years voyage covering 150 countries. Passengers were given the options of buying their cabin outright, which allows them to stay onboard beyond its initial voyage, paying for a five-year residency, or renting a cabin for days-long tours. Permanent residencies in its cabins ranged from $120,000 to $440,000.

Those cabins were also available for rent from $3,500 a month, according to its website."For roughly the price of a car, you can own your home on a ship that travels the world," its founder Mikael Petterson had earlier said. However, the cruise was beset with problems from the start, with its departure delayed for four months because of repairs and paperwork.