In the September 2021 edition of Yachting World, Matthew Sheahan raises a poignant question about the future of recyclable boats amidst the staggering number of end-of-life vessels worldwide. With millions of boats reaching the end of their lifespan, the challenge of recycling them is exacerbated by the lack of financial incentives. Currently, many boats are discarded in landfills, posing environmental risks due to potential chemical leeching. In response, ExoTechnologies CEO Shane Mugan emphasizes their commitment to sustainable practices, citing Ralph Waldo Emerson’s words. The company introduces ExoMarine™, a hydrophobic composite material designed for recyclability and reuse, offering a solution to the maritime industry’s ecological crisis. This innovative material aims to facilitate a swift transition to a circular economy without significant production costs.
