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"IMO Agrees On Stricter Efficiency Targets For Some Ships"

"LONDON - The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain types of ships in an effort to speed up action to cut the sector’s emissions.

The IMO’s Marine Environment Protection Committee has been meeting in London this week to discuss tougher rules on sulfur emissions and other measures toward meeting a long-term goal of cutting greenhouse gas emissions by 50% from 2008 levels by 2050.

The international shipping sector accounts for about 2% of global carbon dioxide (CO2) emissions, the main greenhouse gas blamed for global warming."

Nina Chestney reports for Reuters May 17, 2019.

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"Factbox: IMO 2020 - A Major Shake-Up For Oil And Shipping" (Reuters)

Source: Reuters, 05/20/2019