Singapore Arrests Stranded Odyssey Residential Cruise Ship After Operator Ran Out Of Money
The Odyssey, a residential cruise ship that was left stranded in Southeast Asia after its U.S.-based operator ran out of money, has been arrested in Singapore, the Maritime and Port Authority (MPA) said on Monday.
The vessel, which was meant to take passengers on a continuous voyage around the world, arrived in Singapore on Sunday from Cambodia, where around 200 guests were told to disembark, CNA reported. According to Reuters, the ship had left Cambodia on November 4.
“The vessel has been placed under arrest pursuant to a court order,” the MPA said in a statement, without giving further details. The authority added that the crew on board are reported to be well and that their welfare is being managed by the vessel’s creditors. There are no passengers on board.
Singapore Courts’ list of arrested vessels shows that the ship was arrested on Sunday at 10:34 a.m. local time. The records name the Singapore law firm Helmsman LLC as the arresting solicitor but do not say whom it represents. CBS News reported that a source familiar with the matter believes it is likely a fuel supplier, though it is unclear who hired the firm.
CBS also reported that the owner, Villa Vie Residences, owes one supplier in the area about $500,000. However, it is not clear whether that supplier is behind the arrest.
In a news release on October 27, Villa Vie said it was suspending operations in Cambodia and blamed higher fuel costs.
References: SCMP: CNA, Reuters, NewsNation, CBS News; Business Insider; Maritime and Port Authority of Singapore statement
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