Creditor has "taken control" of forever cruise, message to residents shows

A lender has “taken control” of the forever cruise Villa Vie Odyssey, which remains stuck in Cambodia, according to a resident message obtained by CBS News. The vessel is expected to be moved to Singapore soon and could eventually be auctioned, sources said. Company founder and executive chairman Mike Petterson told CBS News the process will likely take 30 to 90 days and that leadership is pursuing a restructure and an operational partner to win the ship back. Residents had a limited window over the weekend to remove belongings after the lender took over operational costs. Some passengers expressed frustration, citing concerns about “false hope.”