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Costa Rica-based company constructing wooden, emission-free cargo sailing vessel Updated: 2021-05-17 09:59:46 KST

More and more parts of the world are pushing for greener movement and the shipping industry is no different.
A Costa Rica-based company is constructing a most environmentally friendly vessel ever built, an emission-free wooden sailing cargo ship.
It may look like Noah's Ark but the team behind it says the boat called 'Ceiba' could be the world's largest, active, clean ocean-going cargo vessel.

"Our business model is simply to transport goods emission-free on the ocean. The regenerative aspect of this comes from the fact that we also have tree planting and other environmental actions inherent in the business plan. So, every single shareholder commits to giving back a part of their dividend into preserving nature and helping to restore forests."

The vessel will be able to carry up to 250 tons of cargo when completed in 2022, 100 percent emission-free.
According to the European Commission, maritime transport accounts for about 940 million tonnes of CO2 annually, which is about two.five percent of global greenhouse gas emissions.
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