This sense that ships effectively have no true home is why the industry was excluded from the 2015 Paris Agreement among countries to cut greenhouse gas emissions. Shipowners instead offered vague promises they would work to cut toxic fumes from ship stacks, in line with slow-moving regulations by the International Maritime Organization, the United Nations’ shipping regulator. Newsletter Sign-up Now, while the U.N. and environmentalists are sounding alarms the Paris signatory countries are falling behind schedule on cutting emissions, a move toward cleaner ships has picked up speed over the past three years, affecting everything from the way new vessels are built and what kind of fuel they use to who gets loans to buy them. “Better late than never,” said Lars Robert Pedersen, deputy secretary-general of Bimco, an industry trade body. “Shipping is cleaning up its act, despite sometimes loud opposition from some parties with a big say […]