passagemaking@lists.trawlering.com

Passagemaking Under Power List

View all threads

Earthrace trimaran having rough ride financially

GK
Georgs Kolesnikovs
Mon, Sep 25, 2006 10:08 AM

From The New York Times:

A Boat Racing on Biodiesel, but Running Low on Money

SAN FRANCISCO, Sept. 23 - In early July, Pete Bethune, an amateur
sailor from New Zealand and a recent convert to environmentalism,
stepped aboard his new $2.4 million speedboat, filled up the tank
with a fuel made from animal fat and headed east from Auckland.

His goal was simple: to complete the fastest circumnavigation of the
globe in a motorboat while using nothing but biodiesel, renewable
fuel that can be made with salvaged French fry grease, refined
soybean oil and other organic and recycled oils. The record attempt
is due to start in March, from Barbados, after a North American tour
this fall meant to test and publicize the boat - called the Earthrace

  • and raise money.

"I thought I'd have a sponsor give me $4 million and bankroll the
whole thing," said Mr. Bethune, 41. "And I still believe that."

But somewhere between Hawaii (where the boat refueled on biodiesel
made from the drippings of cruise liners' deep fryers) and Vancouver
(where it loaded up with fuel made from tallow, drawn from the hard
fat of sheep and cattle), the Earthrace almost ran out of gas - at
least financially.

For more, go

http://www.nytimes.com/2006/09/24/us/24grease.html

--Georgs

Georgs Kolesnikovs
Your host at Trawlers & Trawlering, formerly Trawler World, since 1997

Our new site is being readied for launch at
http://www.trawlersandtrawlering.com

From The New York Times: A Boat Racing on Biodiesel, but Running Low on Money SAN FRANCISCO, Sept. 23 - In early July, Pete Bethune, an amateur sailor from New Zealand and a recent convert to environmentalism, stepped aboard his new $2.4 million speedboat, filled up the tank with a fuel made from animal fat and headed east from Auckland. His goal was simple: to complete the fastest circumnavigation of the globe in a motorboat while using nothing but biodiesel, renewable fuel that can be made with salvaged French fry grease, refined soybean oil and other organic and recycled oils. The record attempt is due to start in March, from Barbados, after a North American tour this fall meant to test and publicize the boat - called the Earthrace - and raise money. "I thought I'd have a sponsor give me $4 million and bankroll the whole thing," said Mr. Bethune, 41. "And I still believe that." But somewhere between Hawaii (where the boat refueled on biodiesel made from the drippings of cruise liners' deep fryers) and Vancouver (where it loaded up with fuel made from tallow, drawn from the hard fat of sheep and cattle), the Earthrace almost ran out of gas - at least financially. For more, go http://www.nytimes.com/2006/09/24/us/24grease.html --Georgs -- Georgs Kolesnikovs Your host at Trawlers & Trawlering, formerly Trawler World, since 1997 Our new site is being readied for launch at <http://www.trawlersandtrawlering.com>