Berge Bulk, a Singapore-based shipping company, has launched the dry bulk carrier Berge Olympus, equipped with steel-and-composite sails known as Wind Wings. The ship is chartered by mining company Vale and will operate between Brazil and China. The Wind Wings are expected to reduce fuel consumption by up to 20% or six tons per day on an average worldwide route, resulting in a reduction of approximately 19.5 tons of carbon emissions per day. The company is exploring alternative technologies to reduce its carbon emissions, with the goal of becoming carbon-neutral by 2025. The maritime industry is under regulatory pressure to reduce carbon intensity by at least 40 percent by 2030 and 70 percent by 2050.