Claims extracted
23
sentences that state something as happening or true
Uncertain
4%
1 of 23 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
65/100
CBS News's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
49
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
More than 200 passengers, mostly Americans,
after the operator of a luxury U.S. cruise ship that was on a continuous around-the-world voyage ran out of money due to .Villa Vie Residences, the Florida-based operator of the MV Odyssey, said the war with Iran quadrupled fuel costs and forced it to suspend operations on Tuesday.
asserted
war → run → Tuesday
CEO Mikael Petterson told CBS News in a phone interview Wednesday that Villa Vie Residences was paying an average of $700 a ton for fuel before
in late February.
asserted
Residences → tell → February
Since then, it has been paying anywhere from $2,000 to $3,000 per ton.
asserted
it → pay → ton
The Odyssey uses between 700 and 800 tons per month in fuel, Petterson disclosed.
asserted
Petterson → use → fuel
"When you divide it over 300 people on board, it's just backbreaking," Petterson told CBS News.
asserted
Petterson → divide → News
"And this has been going on for nine months.
asserted
this → go → months
We've tried to do everything we can do."
asserted
we → try → everything
In a statement, Villa Vie Residences said the per cabin fuel costs rose from an average of $1,800 per month before the war to between $6,000 and $8,000.
asserted
costs → say → 6,000
The company was unwilling to pass those rising costs on to its passengers, Petterson said.
asserted
Petterson → pass → passengers
The Odyssey launched in October 2024 for a continuous around-the-world journey.
asserted
Odyssey → launch → journey
At the time, passengers could become residents of the ship by purchasing a permanent cabin for several hundred thousand dollars.
uncertain
passengers → become → dollars
Some sold their homes to do so.
asserted
Some → sell → homes
At the time, they were given a 15-year minimum guarantee of residency aboard the Odyssey.
asserted
they → give → Odyssey
The Odyssey attempted to counter the spiking fuel prices by slowing down its itinerary and spending five or six days in each port "hoping that things would come to a close in the Middle East," Petterson said, but it wasn't enough.
asserted
it → attempt → East
"For us, when our monthly expenses go up from $400,000 to $2 million, where are we going to get the $1.6 million?" Petterson asked.
asserted
Petterson → go → million
The Villa Vie Residences CEO said that the ship ran out of money as it searched for a financial partner, and the plan is now to file for Chapter 11 bankruptcy.
asserted
plan → say → bankruptcy
"We've borrowed money, we've stretched our payrolls as far as we can, and we're at a point where it's just at a breaking point where we need capitalization," Petterson said.
asserted
Petterson → borrow → capitalization
Passenger Benjamin Schatz thought the MV Odyssey would be his forever home.
asserted
Odyssey → think → ?
"Honestly, right now, I'm in denial and in shock, and I'm heartbroken," Schatz, a retiree, told CBS News.
asserted
Schatz → tell → News
CBS News met Schatz in April 2025 for a story featuring Villa Vie Residences.
asserted
News → meet → Residences
At that point, he had been living on the ship for about one year.
asserted
he → live → year
On Wednesday, he was given just hours to pack up his life and leave.
asserted
he → give → life
Said Schatz: "There are people now who are homeless and who have very little money and don't know what they're going to do."
asserted
they → say → what