Nigeria, April 12 -- The United Nations International Maritime Organisation (IMO) has agreed on an ambitious climate policy aimed at making the global shipping industry more environmentally friendly.

This new policy is part of a larger effort to create a set of legally binding rules designed to cut down on Greenhouse Gas (GHG) emissions from ships worldwide by around the year 2050.

The development was disclosed Friday by the IMO Secretary-General, Arsenio Dominguez, during the closing plenary of the 83rd edition of Marine Environment Protection Committee (MEPC 83) in London on Friday.

The decision was reached after 63 out of 103 member states voted in favour of the new framework deal to cut emissions from the global shipping sector ami...