CRAIG T. KOJIMA / CKOJIMA@STARBULLETIN.COM The World, the world's first resident-owned apartment complex, will remain in Hawaiian waters for a week before continuing on to the South Pacific.

Cruising on The World

---

Star-Bulletin Staff

The world's first floating resident-owned apartment complex, called The World, stopped at Honolulu's Pier 10 New Year's Day and yesterday on its inaugural global voyage.

The ship has 110 private residences, each with spacious living areas and two or three bedrooms, that are priced at $2.25 million to $7.5 million each.

The majority have been sold and many of the owners travel with the ship, says ResidenSea, the mostly European investor partnership that launched the ship last spring.

Owners can pass their units over to their guests when they are not traveling themselves. The 43,500-ton ship, registered in the Bahamas, can handle nearly 1,000 passengers and crew and averages 320 residents and guests and a crew of 320. After a week in Hawaiian waters the ship is headed for the South Pacific and then to Asia.