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Researcher, Inventor and Founder of Cluster Solutions

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Researcher, Inventor and Founder of Cluster Solutions

Lee Lorenzen is the founder and CEO of Cluster Solutions, a California-based research and development company focused on clustered water technology.

With a background in biology, pharmacology and biomedical consulting, Lorenzen has spent decades studying the structure of water and its role in hydration and cellular function.

Born and raised in Northern California as one of eight children, Lorenzen developed an early interest in science and the natural world. He earned a Bachelor of Arts from the University of California, Berkeley, before continuing graduate studies in biology at California State University, Fullerton. He also completed advanced graduate work under the supervision of Hoang Van Duc, M.D.

Lorenzen began his professional career in 1974 as a Graduate Instructor in Biology at Chapman College. He later joined the Department of Pharmacology at the University of California, Irvine, as a Research Associate. From 1976 to 1989, he worked in biomedical consulting, gaining experience in research and applied science.

A major turning point in his life came after his wife Stephanie developed serious health issues in the 1980s. The experience led Lorenzen to study water behaviour at the cellular level and eventually develop clustered water technology. In 1989, he founded Cluster Solutions to continue that research and product development.

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Over the years, Lorenzen has received several U.S. patents related to clustered water processes, including U.S. Patents Nos. 5,711,950 and 6,033,678. His work has also been recognised by the Microsoft Alumni Foundation for research connected to AIDS and diabetes.

Today, Lorenzen continues to work with physicians, researchers and technical advisers while leading ongoing studies into water structure and hydration science.

Q: What first led you into science and research?

I grew up in Northern California as one of eight children, and I was always curious about how things worked. I enjoyed nature, biology and the outdoors from an early age. That interest eventually led me to study biology at the University of California, Berkeley. Later, I continued graduate studies in biology at California State University, Fullerton.

Early in my career, I worked as a Graduate Instructor in Biology at Chapman College and later as a Research Associate in the Department of Pharmacology at the University of California, Irvine. Those experiences gave me a strong foundation in research and scientific thinking.

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Q: What originally sparked your interest in clustered water technology?

The biggest turning point was personal. My wife Stephanie became seriously ill during the 1980s. That experience pushed me to start asking different questions about health, hydration and biological systems.

At the time, I felt there were gaps in the traditional models I was studying. I remember thinking, “Something is missing with this model.” That thought stayed with me for years.

Eventually, I became interested in the structure of water itself and how water behaves inside living cells.

Q: Was there a specific moment when your research changed direction?

Yes. I remember reading work by Nobel Prize winner Albert Szent-Györgyi about cellular water. That research helped connect several ideas for me.

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Later, I began studying natural healing springs around the world, including Lourdes in France. I noticed geological similarities in places where people reported unusual water properties. That led me deeper into research on water clustering and molecular structure.

The goal became understanding whether those natural conditions could be reproduced in a stable and controlled way.

Q: You founded Cluster Solutions in 1989. What was your original vision for the company?

The goal was to create a company focused entirely on research and development related to clustered water technology. I wanted a structure where the science could continue long-term.

My role has always been both scientific and operational. I oversee research direction, product development and strategic partnerships. I also stay directly involved in testing and evaluating the technology.

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Q: What makes clustered water different from other hydration products?

Most hydration products focus on adding ingredients to water, such as minerals, electrolytes or supplements. Our focus has always been on the structure of water itself.

We study how water molecules organise and how that organisation may affect hydration and nutrient transport at the cellular level. The research is centred on stabilising smaller molecular clusters rather than simply adding substances.

Q: Has it been difficult working in a field that challenges traditional thinking?

At times, yes. When ideas challenge existing assumptions, they are often questioned early on. That is part of scientific history.

You can look at people like Otto Ampferer or Jacques Benveniste. Their work faced resistance before parts of it were revisited later. Even major scientific figures have made incorrect predictions about what was or was not possible.

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That does not mean every new idea is correct. But it does mean research should be evaluated carefully and openly.

Q: How do you approach scientific credibility and long-term trust?

Consistency and transparency are very important. I work with physicians, researchers and technical advisers who can independently evaluate results.

I also believe in documentation and long-term testing. Research is not a one-time event. It is a continuous process of refinement, feedback and observation.

Over time, trust comes from staying involved and being willing to answer difficult questions directly.

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Q: What challenges have shaped your leadership approach?

Patience has probably been the biggest lesson. Research takes time. Acceptance takes time. You have to stay focused on the work itself rather than short-term reactions.

I have also learned that leadership requires structure. Discovery alone is not enough. You need systems for testing, collaboration and maintaining scientific integrity over many years.

Q: What keeps you motivated after all these years?

Research and development still motivate me. I enjoy solving problems and continuing to learn.

I also value hearing feedback from people who use the products or study the technology. Those conversations often lead to new ideas or new areas of research.

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Outside work, I enjoy spending time with my family and grandchildren and being outdoors. That balance is important.

Q: What advice would you give to people pursuing unconventional ideas?

Be prepared for scepticism. Document your work carefully and stay committed to the process.

Many discoveries take years to be fully understood. Patience, persistence and integrity matter more than quick recognition.

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Clear Street launches pre-IPO platform, lists AI giant Databricks

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Clear Street launches pre-IPO platform, lists AI giant Databricks

Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024.

Smith Collection/ gado | Archive Photos | Getty Images

Clear Street, the prime brokerage startup that recently shelved plans for its own IPO, is now aiming to give investors access to some of Silicon Valley’s hottest private companies before they go public.

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The firm is close to announcing a new platform designed to let accredited investors buy interests in late-stage private companies, starting with AI software titan Databricks, valued this month at $188 billion, CNBC is first to report.

“The goal is to remove friction and give more people the ability to invest in more products,” Uri Cohen, CEO and co-founder of Clear Street, said in an interview. “A lot of the wealth creation has been in private markets, and more and more retail investors and smaller investors want to be part of that.”

More startups are staying private for longer, meaning much of their value creation is taking place before an initial public offering. That has fueled growing demand from rich investors seeking exposure to companies like Databricks, Anthropic and OpenAI before they debut on public markets.

Last week, CNBC reported that Goldman Sachs has created a new platform to expand its offerings for wealthy clients and family offices who increasingly want direct stakes in fast-growing private companies.

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Clear Street, by handling the asset servicing and risk management internally, can offer margin loans against the pre-IPO holdings, a rarity in private markets, said Cohen.

The fintech firm will have as many as 30 startups on its platform by yearend, mostly tech firms in the $5 billion to $20 billion valuation range that are roughly six months to two years out from an IPO, he said.

To support the push, Clear Street is also launching dedicated private company equity research headed by analyst Owen Lau, in what Cohen called an effort to bring public-market-style transparency to traditionally opaque private markets.

The expansion comes at a key moment for Clear Street, itself.

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The firm, which was last valued at nearly $12 billion in a private funding round earlier this year, in February paused its own IPO plans amid broader market volatility that hit broker and fintech multiples.

Despite putting its listing on hold, the firm is cash-flow positive and bolstered its liquidity with a $400 million investment-grade bond offering, giving it the runway to build out its private market infrastructure, Cohen said.

“We’re in a position of strength, so the decision was shelved for better timing,” Cohen said. “We’re definitely going to look towards a ’27 listing, depending on the market conditions.”

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Parex Resources Inc. (PXT:CA) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Presentation

Operator

Hello, everyone. Thank you for joining us and welcome to the Parex Resources Q2 2026 Operational and Financial Results. [Operator Instructions]

I will now hand the conference over to Mike Kruchten, Senior Vice President of Capital Markets and Corporate Planning. Mike, please go ahead.

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Michael Kruchten
Senior Vice President of Capital Markets & Corporate Planning

Thank you. Good morning, everyone, and welcome to Parex Resources’ Second Quarter 2026 Conference Call and Webcast. My name is Mike Kruchten, and on the call with me today are our President and Chief Executive Officer, Imad Mohsen; our Chief Financial Officer, Cameron Grainger; and our Chief Operating Officer, Eric Furlan. [Operator Instructions]

As a reminder, this call includes forward-looking statements as well as non-GAAP and other financial measures, with the associated risks outlined in our news release and MD&A, which can be found on our website or at sedarplus.ca. Note that all amounts discussed today are in U.S. dollars, unless otherwise stated.

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I’ll turn the call over to Imad. Please go ahead.

Imad Mohsen
President, CEO & Director

Thank you, Mike, and good morning, everyone. Over the first half of 2026, Parex completed major transactions to become Colombia’s largest independent E&P company. This has resulted in the company nearly doubling its production guidance to roughly 86,000 barrels per day at the midpoint, and expanding our footprint to over 7.9 million acres. With these transactions behind us, our focus shifts to capturing synergy and delivering strong operational performance.

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First, the Frontera transaction is officially closed with the integration of — integration

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Invesco Mortgage Capital Inc. (IVR) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Welcome to the Invesco Mortgage Capital Second Quarter 2026 Earnings Call. [Operator Instructions] As a reminder, this call is being recorded. I would like to turn the call over to Greg Seals in Investor Relations. Mr. Seals, you may begin the call.

Greg Seals
Investor Relations

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Thanks, operator, and to all of you joining us on Invesco Mortgage Capital’s Second Quarter 2026 Earnings Call. In addition to today’s press release, we have provided a presentation that covers the topics we plan to address today.

The press release and presentation are available on our website, invescomortgagecapital.com. This information can be found by going to the Investor Relations section of the website. Our presentation today will include forward-looking statements and certain non-GAAP financial measures. Please review the disclosures on Slide 2 of the presentation regarding these statements and measures as well as the appendix for the appropriate reconciliations to GAAP.

Finally, Invesco Mortgage Capital is not responsible for and does not edit nor guarantee the accuracy of our earnings. Teleconference transcripts provided by third parties. The only authorized webcasts are located on our website.

Again, welcome, and thank you for joining us today. I’ll now turn the call over to IVR’s CEO, Kevin Collins, for his comments.

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Kevin Collins
Chief Executive Officer

Good morning, and welcome to Invesco Mortgage Capital’s Second Quarter Earnings

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Worst is over and bookings are improving, Amadeus CEO says about Iran war hit

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Samsung Electronics Shares Soar 27% as Record KOSPI Rally Follows Microsoft’s Blockbuster Earnings Beat

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Samsung Electronics said it expected fourth-quarter profits to be sharply down from the previous quarter

Shares of Samsung Electronics surged 26.81% on Friday, climbing 55,500 won to close at 262,500 won, effectively hitting the exchange’s daily limit for individual stock price movements as South Korea’s benchmark KOSPI index posted the largest single-day rally in its history.

The KOSPI closed up 17.91% at 6,595.45, marking a record in both point and percentage terms, according to the Korea Herald, as chip stocks across the board rebounded sharply from a punishing weeklong selloff. Rival chipmaker SK Hynix climbed 29.95% during the same session, according to TradingKey, as both of South Korea’s dominant memory chip producers effectively erased much of the ground they had lost during three brutal preceding trading sessions.

Friday’s rally traced its origins directly to a powerful overnight session on Wall Street. Microsoft’s shares soared 15.5% Thursday for the company’s best single-day performance in nearly 18 years, according to the Associated Press, after the technology giant reported that its Azure cloud computing division grew 43% during the quarter, easing broader investor concerns about the sustainability of massive capital spending on artificial intelligence infrastructure. Amazon and Meta Platforms also posted upbeat results that reinforced expectations that AI-related spending remains robust, according to CNBC, sending shockwaves of optimism through Asian technology markets overnight.

Samsung’s own earnings had already reflected the underlying strength driving the rally, even before Friday’s dramatic share price move. The company’s semiconductor division reported operating income of 89.5 trillion won, beating the 88.13 trillion won analysts had expected, with robust artificial intelligence demand continuing to drive growth across Samsung’s memory chip business. The results confirmed that DRAM and NAND flash memory sales remained at all-time highs during the quarter, providing powerful third-party validation that the artificial intelligence-driven memory supercycle remains firmly intact even amid the recent bout of extreme volatility across the sector.

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Friday’s rebound followed a brutal stretch for Korean equities. The KOSPI had plummeted more than 17% over the three trading sessions preceding Friday, driven by investor concerns about a potential bubble in artificial intelligence valuations and intensifying competition from Chinese chipmaking rivals, according to the Associated Press. At one point during that selloff, the index had fallen roughly 40% from its June peak, wiping out nearly $2 trillion in market value, according to reporting from the Private Banker.

Foreign investors were the driving force behind Friday’s historic rebound, posting net purchases of 7.25 trillion won, or roughly $5.06 billion, on the KOSPI, according to the Korea Herald. That marked a second consecutive day of net foreign buying, following four straight sessions of net selling that had preceded Thursday. Institutional investors, who began Friday’s session as net sellers, reversed course around midday and ended the day with net purchases of 1.15 trillion won.

Additional factors beyond the Microsoft-driven rally appeared to reinforce Friday’s gains for Samsung and SK Hynix alike. SK Group Chairman Chey Tae-won disclosed personal purchases of SK Hynix shares during the recent selloff, a move that bolstered broader investor confidence in South Korea’s memory chip sector, according to CNBC. New cash-deposit requirements for investors using leveraged exchange-traded funds also took effect July 31, a regulatory change some analysts said may have contributed to a broader repositioning among traders active in that corner of the market, while short-covering and mechanical rebalancing tied to leveraged ETFs were also cited as factors amplifying the scale of Friday’s move.

Despite the historic single-day gain, market analysts urged caution about reading too much into the rebound. Speaking to CNBC, one analyst identified only as Jung said foreign investors appeared to be the primary force behind Friday’s rally, but cautioned against assuming the gains signal a durable trend reversal. “I would not expect gains of this magnitude to continue,” Jung said, adding that asset prices had become “completely disconnected” from underlying fundamentals during the recent volatility.

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Even after Friday’s rally, the KOSPI remained well below its levels from earlier in the year. The index recorded its worst monthly performance since 1997, dropping 22.19% over the course of July, according to TradingKey, underscoring that Friday’s rebound, while historic in scale, only partially offset the scale of losses the index had absorbed over the preceding weeks.

South Korean authorities also announced new measures Friday aimed at supporting the country’s technology and artificial intelligence sector more broadly. The government said it would inject a minimum of 20 trillion won, or approximately $13.9 billion, into the Korea Investment Corporation for strategic investments in artificial intelligence, data centers and broader infrastructure, according to the Private Banker, marking the first time the sovereign wealth fund’s mandate has been expanded to include domestic assets.

With Samsung shares having now hit the exchange’s daily trading limit and the broader KOSPI having posted its largest single-day gain on record, investors are likely to watch closely in the sessions ahead for signs of whether Friday’s rebound marks a genuine stabilization in sentiment toward AI-linked technology stocks or another dramatic swing within a period of extraordinary volatility that has gripped South Korea’s chip-heavy equity market throughout the second half of July.

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White House official says no weaponized drones seized during FIFA World Cup

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Asustek Computer Shares Jump Nearly 10% as Taiwan Tech Rally Follows Microsoft’s Blowout Earnings Beat

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Samsung Unveils Three New Foldable Phones and Smart Glasses Ahead

Shares of Asustek Computer surged 9.91% on Friday, climbing 73.00 Taiwan dollars to reach 810.00 Taiwan dollars, as the personal computer and AI server maker’s stock rode a powerful rally sweeping across Taiwan’s technology sector following blockbuster earnings from Microsoft and other major U.S. technology companies.

Friday’s gains build on a stretch of strong performance for Asustek that has continued for months, driven by surging global demand for artificial intelligence infrastructure. Shares had already climbed to 757.00 Taiwan dollars on Wednesday, up 2.85% that session, before Friday’s session pushed the stock decisively higher still, with Investing.com reporting the stock trading between 722.00 and 762.00 Taiwan dollars during Friday’s session against a previous close of 609.00 Taiwan dollars.

The rally traced its roots to a powerful overnight session on Wall Street. Microsoft shares soared roughly 15.5% Thursday, the company’s best single-day performance in nearly 18 years, after reporting that its Azure cloud computing division grew 43% during the quarter, easing broader investor concerns about the sustainability of massive capital spending on artificial intelligence infrastructure. Amazon and Meta Platforms also posted results that exceeded market expectations, reinforcing confidence that demand for AI-related computing infrastructure remains robust across the technology sector.

Asustek’s stock has been underpinned by genuinely strong underlying business results throughout the year rather than sentiment alone. The company reported record first-quarter 2026 brand revenue of roughly 194.05 billion Taiwan dollars, or about $6.19 billion, marking a 44% increase year over year, driven by surging AI server demand alongside stable notebook computer shipments. That momentum has persisted despite industry-wide component shortages and rising input costs that have affected much of the broader electronics manufacturing sector this year.

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The company’s most recent quarterly earnings report showed net profit surging 34% year over year to 4.82 billion Taiwan dollars, equivalent to roughly $160.9 million, up from 3.60 billion Taiwan dollars in the same period a year earlier, though the result still fell short of analyst expectations, which had called for net profit of 4.37 billion Taiwan dollars. Revenue for the quarter climbed 31% to 94.20 billion Taiwan dollars. Looking ahead, the company projected it would ship 4.8 million notebook PCs in the third quarter, up from 4.4 million units shipped during the second quarter.

Asustek’s ambitions in artificial intelligence have extended well beyond data center hardware and traditional personal computers. At Computex 2026, the company unveiled its latest generation of AI-enabled consumer laptops and desktop computers, including new ProArt creator laptops built around Nvidia’s RTX Spark platform and featuring AI-powered software tools designed to optimize system performance for demanding creative workflows. Company chairman Jonney Shih has described Asustek’s broader strategic ambitions as extending beyond both servers and personal computers into what he has called agentic AI, edge AI and physical AI.

Not every recent analyst assessment of the stock has been uniformly bullish. Goldman Sachs downgraded Asustek to neutral from buy earlier this year, with a price target of 672 Taiwan dollars, down from 854 Taiwan dollars, citing relatively lower earnings growth ahead for the company. Morgan Stanley separately downgraded the stock to underweight from equal weight, with a price target of 500 Taiwan dollars, down from 625 Taiwan dollars, citing concerns about growing margin risk facing hardware companies more broadly amid rising component costs.

Despite those more cautious calls, the current consensus among analysts covering the stock remains positive. According to Investing.com, five analysts recommend buying Asustek shares while one suggests selling, resulting in an overall buy rating, with an average 12-month price target of 802.00 Taiwan dollars, a high estimate of 1,200 Taiwan dollars and a low estimate of 570 Taiwan dollars, implying modest additional upside potential even after Friday’s sharp gains.

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Asustek has continued to reward shareholders through dividend payments even amid its aggressive growth-focused expansion into AI infrastructure. The company’s most recent dividend of 42.00 Taiwan dollars per share represented a 24% increase from the prior year, with an ex-dividend date of July 1 and a payment date of July 22, translating to a dividend yield of approximately 5.3%, above the broader technology industry average of 3.0%. Analysts have noted the dividend is currently covered by earnings at a 75% payout ratio, though the company’s lack of available free cash flow at present suggests it may be drawing on cash reserves or debt to help sustain the payout.

Asustek’s stock currently trades within a 52-week range of 490.00 to 964.00 Taiwan dollars, according to Investing.com, reflecting substantial volatility over the past year even as the overall trend has remained strongly upward. The company’s next quarterly earnings report is scheduled for release on August 12, which will give investors their next detailed look at whether the strong order visibility and margin resilience management has emphasized in recent guidance continues to translate into results that justify the stock’s sharp rally, particularly within its fast-growing AI server division that has emerged as the primary driver of investor enthusiasm for the stock over the past several months.

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Texas Stock Exchange officially goes live to rival NYSE and Nasdaq

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Texas Stock Exchange officially goes live to rival NYSE and Nasdaq

A new rival to Wall Street officially debuted on Friday as the Texas Stock Exchange went fully live for the first time with trading available for all of its listed tickers.

The Texas Stock Exchange, which is based in Dallas, is the first new major stock exchange to launch in the U.S. in decades. The TXSE, called the “Tex-ee,” is looking to compete with the New York Stock Exchange and Nasdaq Composite for listings.

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The exchange boasts several prominent financial backers, including BlackRock, Goldman Sachs and Charles Schwab, among others.

It currently plans to begin corporate listings later this year and intends to facilitate initial public offerings (IPOs) starting in 2027. The TXSE sees the economic rise of Texas and a broader swath of the South that it’s calling the “Boom Belt” as being the “center of gravity for American capitalism” and a market it can tap into for IPOs.

CALIFORNIA LOSES FORTUNE 500 CROWN TO TEXAS AS BILLIONAIRE TAX THREAT LOOMS

Dallas Metro Skyline

The Texas Stock Exchange (TXSE) is based in Dallas and is currently operating out of a temporary headquarters. (Kirby Lee / Getty Images)

“As the only primary corporate and ETP listings venue built and headquartered in the Boom Belt, TXSE is both a product of the region’s rise and a catalyst to accelerate it,” TXSE explained.

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The company’s website notes the region has an annualized GDP of $8.9 trillion – more than all world economies other than the U.S. and China. It adds that 40% of American exports pass through the Boom Belt, while 57% of U.S. job growth has occurred in the region in the last five years.

Currently, the exchange is operating from temporary offices in the Uptown neighborhood of Dallas, where it will hold a bell-ringing ceremony Friday afternoon to mark its official launch.

A NEW ECONOMIC IRON CURTAIN IS FALLING ACROSS AMERICA AS TRILLIONS IN WEALTH FLEE TO THE ‘BOOM BELT

Traders on floor of New York Stock Exchange

The TXSE hopes that its proximity to the “Boom Belt” will make it a better option among companies in the South that are pursuing IPOs. (Michael M. Santiago/Getty Images)

The exchange plans to move its permanent headquarters to the city’s Bank of America Tower, where it will operate the Texas Market Center.

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The tower will be the tallest building in Uptown Dallas when it’s completed. The exchange’s Texas Market Center will include executive offices, a Texas business museum and a broadcast studio.

An announcement by designer KPF from May added that the exchange will take up multiple areas within the building, including ground-floor space and a 12th floor sky lobby.

DELL SHAREHOLDERS APPROVE LEGAL MOVE FROM DELAWARE TO TEXAS

A screen displays the Dow Jones Industrial Average

The New York Stock Exchange and Nasdaq have each opened exchanges in Texas to allow dual listings. (Reuters/Jeenah Moon)

The opening of the Texas Stock Exchange comes as the Lone Star State is working to attract businesses looking to relocate their headquarters or change their state of incorporation, touting business-friendly policies and favorable tax regimes in comparison to states like California and New York.

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The Texas Stock Exchange’s rivals – the New York Stock Exchange and Nasdaq – have also expanded their footprint in the state of Texas and have enticed companies to dual list on the new duplicate exchanges at no cost.

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Nearly 200 cruise passengers rescued after ship runs aground

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Nearly 200 cruise passengers rescued after ship runs aground

Police in Bulgaria evacuated nearly 200 passengers from a Viking cruise ship after the vessel ran aground due to “exceptionally low water levels” in the Danube River. 

The Bulgaria News Agency reported that the ship became stranded early Tuesday about 15 miles upstream from Vidin, where it planned to stop to take on supplies. Bulgarian border police ended up rescuing 186 passengers after another ship dispatched to the scene wasn’t able to get close enough to pick them up. 

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“We can confirm that the Viking Ullur experienced a grounding incident on the Danube River on July 28, 2026, after coming into contact with a sandbank during a period of exceptionally low water levels,” Viking said Friday in a statement to FOX Business. 

“The safety and wellbeing of our guests and crew is always our highest priority. There were no injuries, and the vessel remained safe throughout the incident,” it added. “The ship was well-stocked with all necessary supplies, including food and water, to keep guests and crew safe and comfortable.” 

PRINCESS CRUISE SHIP WORKER DEAD AFTER GOING OVERBOARD NEAR CANCUN 

Passengers rescued from Viking Ullur ship

A Bulgarian border police boat evacuates passengers from a stranded cruise ship on the Danube River after the Swiss-flagged Viking Ullur ran aground near the northwestern city of Vidin, Bulgaria, in this handout image released on Tuesday, July 28, 20 (Reuters/Bulgarian Interior Ministry / Reuters)

“Guests were safely transferred ashore and continued their planned itinerary, including a full day in Bucharest,” Viking also said. 

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Attempts to refloat the vessel Tuesday morning were unsuccessful, according to the Bulgaria News Agency.

All of the passengers were from European countries and there were 52 crew members onboard as well, it added. 

CARNIVAL BEGINS BUILDING RECORD-BREAKING DESTINY CRUISE SHIP THAT BOOSTS NUMBER OF OCEAN-FINDING BALCONY CABINS 

Cruise passengers walk off ship that became stuck

Passengers are seen disembarking the Viking Ullur cruise ship after it became stuck this week near Vidin, Bulgaria, which is located along the Danube River. (Reuters / Reuters)

The current status of the crew members and location of the ship wasn’t immediately clear. Viking did not immediately respond to an inquiry on the matter. 

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Viking said on its website that the Viking Ullur, built in 2019, is 443 feet long. 

Person walks off cruise ship that became stuck in Europe

Viking told FOX Business “there were no injuries” after the Ullur ship ran aground, and that “the vessel remained safe throughout the incident.” (Reuters / Reuters)

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A prolonged drought in the region has been setting record low water levels on the Danube River, The Associated Press reported. 

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Grillo’s Pickles starts production in Indiana

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Grillo’s Pickles starts production in Indiana

Irresistible Foods Group subsidiary opens 155,000-sq-ft manufacturing facility.

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