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The world's greenest cruise ship will have sails

Cruise ships have a bad rap with environmentalists. One cruise operator is hoping to change that....

Posted: Dec 11, 2017 1:47 PM
Updated: Dec 11, 2017 1:47 PM

Cruise ships have a bad rap with environmentalists. One cruise operator is hoping to change that.

Peace Boat, a Japanese non-governmental organization which runs educational cruises, is working on an ambitious project to build the most sustainable vessel in the booming industry.

Now in the last stages of planning, the "Ecoship" will be built by Finland's Arctech. It will cost about $500 million, financed in part by impact investors -- funds, rich families and individuals who want to use their cash to improve the world as well as make a profit.

"Ecoship was a dream for me," said Peace Boat founder Yoshioka Tatsuya. "Using a conventional ship was frustrating for us, even though we tried our best to reduce the emissions."

A conventional cruise ship can burn hundreds of tons of heavy fuel oil a day and emit as much particulate matter as a million cars, according to German environmental group NABU.

The "Ecoship" will be fueled by a much cleaner combination of solar panels, wind power and liquid natural gas, and should produce 40% less carbon dioxide than a traditional cruise ship.

"We will have 10 sails, so it will use the wind like traditional sailing ships," Tatsuya explained.

Peace Boat is talking to impact investors in Europe, America, China and Japan and could offer them bonds or equity. It will also use loans, and possibly crowdfunding, to raise the total.

Related: Chinese tourists just can't get enough of cruises

"We need to choose carefully who we work with, as they need to share our long-term vision, not just want to finance an asset," said Tatsuya.

"Shipping finance companies are quite conservative and our design and plan is quite creative, quite unique. That uniqueness adds value but it can be a challenge to convince conservative financiers."

The "Ecoship" is designed to mimic the shape of a whale. While smaller than many cruise ships currently being built, it will accommodate 2,000 passengers, and host conferences and events while docked.

Charting a new course

Peace Boat hopes it will set sail on its maiden voyage in 2020, and that it will quickly become a showcase for the future of the industry.

"There's potential with a very green cruise ship to get a lot of attention at each port of call and that can make an impact," Tatsuya said.

And he doesn't plan to stop at one ship. Demand for cruises, and green tourism is booming.

Related: These ocean drones are trawling for climate change data

"At least five ships by 2030 is necessary because of market demand," said the Peace Boat founder. "That's the first step, but in time, 10 ships."

Passengers on Peace Boat cruises pay between $15,000 and $18,000, which includes travel, meals and on board activities.

There's a mixture of entertainment, wellness programs, lectures and workshops on topics such as peace, politics, environmental change and human rights.

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 1130719

Reported Deaths: 17736
CountyCasesDeaths
Marion1468762242
Lake732391255
Allen68004883
Hamilton51739488
St. Joseph50459650
Elkhart40619547
Vanderburgh34963497
Tippecanoe31212276
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Porter25969387
Madison21318457
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Grant12181247
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Union125116
Ohio92913
Unassigned0599

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 1735925

Reported Deaths: 26851
CountyCasesDeaths
Franklin1807941843
Cuyahoga1705042655
Hamilton1146441544
Montgomery811601405
Summit728891210
Lucas637861027
Butler57319814
Stark544971183
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Fairfield24875287
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Portage21591283
Richland21339342
Wood20348248
Allen19172326
Miami17486352
Columbiana17078335
Muskingum16882207
Wayne15914307
Tuscarawas14631362
Marion13477196
Ashtabula12980237
Erie12832199
Scioto12586188
Pickaway12326155
Ross11824226
Hancock11659175
Geauga11090179
Lawrence10729172
Belmont10548234
Huron9891159
Jefferson9724228
Union966575
Sandusky9465166
Seneca9020161
Knox8893176
Washington8738159
Darke8446181
Athens842897
Ashland8130152
Auglaize8042120
Shelby7575135
Defiance7431117
Crawford7376150
Fulton7284113
Brown7225116
Logan7087111
Guernsey701786
Mercer6964100
Highland6822120
Clinton6554106
Williams655299
Madison653990
Preble6343140
Putnam6300122
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Hardin4960100
Gallia475878
Van Wert470895
Pike468478
Adams4638110
Henry440380
Hocking414293
Holmes4044141
Wyandot379975
Carroll373678
Paulding327551
Meigs307961
Monroe237261
Noble221949
Morgan219439
Harrison216953
Vinton189738
Unassigned06
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