Description Lantern Floating HawaiiHonolulu'sToro Nagashi, Japanese tradition "lantern offerings on water." at sunset, thousands Ala Moana Beach Park o honor lives lost in war, loved ones who have passed away, and pray for a future of peace and harmony. ceremony: candlelit paper lanterns Buddhist order in 1952.. Hawaii's Shinnyo-en order elects to hold it on Memorial Day-to also honor lives lost in war.