Tried this game a few times - man, it's hard! By log 4 / 5 I easily get overwhelmed.
But you know, I think you've got something with this game!
I like the metaphor of "sinking" under the sea and in sadness, and the desperate battle of keeping afloat. The narration talking about monotony of life while you have to work so hard trying to keep up is a very fitting match.
The graphics are kinda cute! The way the player bobs up and down made me smile, and the sea waves look pretty cool, even if the instruments are kind of mismatched from the boat. Most particles are just colored squares, but I do like their placements and they give a good idea of the scenery.
Also, not watching your telescope sinks the ship apparently! But that's understandable for gameplay reasons, so don't worry.
Microphone quality could be improved - if the game depends on narration, you should be sure there's no problems understandin words. Something to think of for the future, I guess.
Overall, good entry!