A 108-metre bulk carrier registered in Bermuda is drifting 33 miles off the Old Head of Kinsale in Co Cork in high winds and heavy seas.
The vessel, Abuk Lion, is en route from Aughinish in Co Clare to St Petersburg in Russia. She is fully laden with bauxite. The vessel raised the alarm at around 3pm after its main engine failed.
The Coast Guard has sent a tug from the port of Cork to assist the Abuk Lion. The tug is expected to rendezvous with the vessel at around 3am.
In the meantime, the Coast Guard is monitoring the situation and the Coast Guard helicopter in Waterford remains on stand-by.
Conditions at sea are bad, with Force 8 winds and swells of up to six metres. There are 13 people on board the Abuk Lion. They are not believed to be in any danger at this stage.