LONDON -- The U.N. agency regulating international shipping decided Friday that the global merchant marine, which ferries most of the world's trade, must meet energy efficiency standards and cut carbon pollution.

The decision by a powerful committee of the International Maritime Organization attacks a growing source of greenhouse gases and is the first measure on climate change to apply equally to countries regardless of whether they are from the industrial or developing world.

About 50,000 cargo ships carry 90 per cent of world trade, and most ships are powered by heavily polluting oil known as bunker fuels. The IMO says shipping was responsible for 2.7 per cent of global carbon emissions ...

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