Cruise line folds over fuel costs, booting passengers in Cambodia

A continuous world cruise came to an unexpected end in Cambodia on Tuesday, forcing passengers to disembark as the operator suspended operations due to “extraordinary increases in fuel costs.” Villa Vie Residences, which operates the residential cruise ship Villa Vie Odyssey, said in a news release that it would evaluate restructuring and recapitalization options. The ship sold permanent residences starting at about $120,000, as well as five-year residences, a three-year voyage and short-term rentals. The announcement said that fuel expenses had shot up from an average of $1,800 a month per cabin to more than $6,000 — a cost that…