Haven't managed to find other info on this one, but is he trying to breake any record ?
It will surely set a new record for ugliness.
I have seen a few years back on Discovery Channel a documentary about a young kid rounding the world in 7,5m boat named Lionheart or something like that. No fancy boat , no fancy equipment, just ....optimism.

I would love to have a neighbour like this tincantri guy. He deserves a lot of apreciation. Pioneers, explorers, inventors have a large dose of insanity and optimism. Insanity overcomes fear, while optimism overcomes the lack of reality sense.

He's a winner no matter what will happen. Eh... I hope he doesn't injure himself too bad, but some scars will represent cool medals.