📺 Stream EntrepreneurTV for Free 📺

Crew Members Leave Behind Millions of Dollars Worth of Cargo After Abandoning Ship Some of the goods on the abandoned cargo ship include luxury cars from Porsche, Bentley and Audi.

By Chloe Arrojado

entrepreneur daily

An abandoned cargo ship is currently floating in the Atlantic Ocean after it caught on fire and forced the crew to evacuate. The ship, called Felicity Ace, holds thousands of cars from Volkswagen Auto Group — including luxury cars from Porsche, Bentley and Audi.

"While it remains too early to confirm what occurred and next steps, we are – along with our colleagues at Porsche AG – supporting our customers and our dealers as best we can to find solutions," Angus Fitton, vice president of PR at Porsche Cars North America, told CNN Business. "We are in contact with the shipping company and the details of the cars on board are now known."

Related: 12 Transportation Businesses You Can Start Now

A Thursday statement from Porsche Cars North America revealed that 1,100 of the company's cars were on board. Automotive site The Drive reported that nearly 4,000 Volkswagen Group Vehicles are on board in total, including 189 Bentleys and an unspecified number of Audis. Authorities have not released complete details about the cargo on the 656 foot-long ship, though the ship can carry more than 18,700 tons of cargo.

According to the Portuguese Navy, the ship was sailing 100 miles southwest of the Azores islands when the fire started on Wednesday. Portuguese forces then evacuated all 22 crew members and safely took them to a local hotel.

The cargo ship departed from Emden, Germany on February 10 and is now set to dock in the United States on February 23.

Related: The Crazy, True-Life Adventures of Norway's Most Radical Billionaire

Chloe Arrojado

Entrepreneur Staff

Editorial Assistant

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Devices

Avoid Being Stranded on the Road with This Jump Starter on Sale for $70

Protecting your time is essential when running a business.

Side Hustle

3 Secrets to Starting a Small Business Side Hustle That Gives Your Day Job a Run for Its Money, According to People Who Did Just That — and Made Millions

Almost anyone can start a side hustle — but only those ready to level up can use it to out-earn their 9-5s.

Business News

ByteDance Would Rather Shut Down TikTok in the U.S. than Sell It: Report

ByteDance broke its silence on the TikTok ban bill that Biden signed into law this week.

Business News

Logan Paul's Energy Drink Company Accused of 'Forever Chemicals,' Excessive Caffeine in Class-Action Lawsuits

Prime Hydration is facing two class-action lawsuits. Paul says the suits are "absolute bull."

Money & Finance

How to Choose the Right Financial Advisor — A Guide for Entrepreneurs

Use this guide to select a financial advisor who not only understands your unique financial needs but also has the expertise, experience and connections to support your business and personal goals effectively.