The largest cargo ship on fire! 1100 luxury cars completely burned down !

Thousands of Porsche and Volkswagen cars have been abandoned on acargo ship after it caught fire in the Atlantic Ocean en route to the US. 

The ship, named Felicity Ace, was travelling from Emden inGermany before it caught ablaze off the coast of Portugal's Azores islands.

German newspaper Handelsblatt reported the vessel was carrying3,965 vehicles, which also included Audis, Lamborghinis and a small number ofBentleys.

The ship's crew have been rescued. 

Portugal's navy said no one was hurt by the fire, which brokeout on Wednesday, and the 22 crew members were taken to a hotel after the navy,four merchant ships sailing in the area and the Portuguese Air Force completedthe evacuation.

"The owner of the ship Felicity Ace is in contact with thelogistic agent in order to draw up a plan for the towing of the ship," thenavy said in a statement.