Business
Add as a preferred source on GoogleCBS reported that retirees were among the passengers, some of whom planned to live aboard; the suspension affected their travel arrangements and finances.
A CBS News review of company documents found that the cruise operator’s financial difficulties predated the voyage’s interruption in Cambodia, adding context to the suspension that left more than 200 passengers there.
CBS reported that the operator cited higher fuel expenses as the reason for ending the trip.
EconoTimes previously covered the cruise's suspension in Cambodia.
Villa Vie said monthly fuel expense per cabin reached an estimated $6,000 to $8,000 in parts of Asia. The company is pursuing restructuring and recapitalization over 60 days.
The company put recent fuel costs at up to $8,000 per cabin a month; CBS News reported it faced cash warnings and a resident’s $400,000 payment months earlier.
The page’s program description does not name the individual contests Zach Donnini discussed.
