The coalition is hoping to have zero or near-zero emission technologies make up 5-10% of the maritime industry's fuel and energy sources by 2030.

The joint venture provides Rivian with cash, and VW with the ability to use Rivian's technology in its own range of vehicles.

The technology works by dragging air across each sail's surface, and then through small perforations to generate lift and propulsion.

All 24 ships will have dual-fuel engines that can run on LNG and biomethane, and will be equipped for ammonia fuel as well.

Walmart has sought to decarbonize its freight and delivery fleets across its supply chain for years, having set a goal to achieve zero emissions by 2040.

London-based Fin, a sustainable logistics and last-mile delivery provider, intends to enter the NYC market early in 2025

The target is to raise Shanghai’s low-carbon bunkering to over one million tons a year by 2030, according to a November 1 statement. 

The agency estimates that its "Clean Ports" grants could eliminate more than 3 million metric tons of carbon pollution over the next 10 years.

The regulation will result in an increase of 44,000 barrels a day in demand for a type of diesel fuel known as marine gas-oil next year.

The group is looking to purchase as many as 500 class 8 electric semi-trucks over the next three years.