The Cabinet of South Korea has approved a motion based on nurturing industries for eco-friendly vessels, in order to deal easier with the strict IMO 2020 regulations and reduce the shipping emissions. Namely, the trade ministry reported that would force a set of measure, to spread and boost the development and supply of such ships.
Until 2030, South Korea plans to replace 140 state-owned ships, with those that utilize clean energy sources.
For the vessels whose lifespans are beyond 2030, the...
https://safety4sea.com/south-korea-enhances-shipping-for-eco-friendly-vessels/