South Korea will hasten efforts to cut the greenhouse gas emissions es from ships built before 2013 in line with new environmental regulations by the International Maritime Organization (IMO).
Ships built before 2013 are by required the IMO to reduce emissions by 20 percent by reducing power output and installing energy efficiency equipment.
The ships need to meet the regulation before the 2023 examinations.
Previous restrictions on greenhouse gas emissions from ships were applied to those built after January 2013, under the organization's vision to cut the emissions by half by 2050 for those tallied in 2008.
South Korea's Ministry of Oceans and Fisheries said they plan to take the situation as an opportunity to become a leader in the global eco-friendly ship industry.
The ministry added its plans to come up with measures to help South Korean ships better prepare for the new IMO regulations.


BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation
How America courted increasingly destructive wildfires − and what that means for protecting homes today
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike
Ukraine minerals deal: the idea that natural resource extraction can build peace has been around for decades 



