[Image source: Gettyimagesbank]South Korean shipping companies, which have been at the forefront of international trade, are facing stricter carbon emissions regulations than expected.The International Maritime Organization (IMO) will finalize medium- and long-term carbon emission reduction targets for international shipping at the 80th session of the Marine Environment Protection Committee (MEPC 80) in London on Friday. IMO is an agency of the United Nations responsible for regulating shipping.According to sources from the shipping industry and relevant government agencies on Thursday, IMO plans to raise its previous target of reducing total greenhouse gas emissions to 100 percent by 2050 from 50 percent.

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