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November 22, 2024
 

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SHIPPING

After enjoying robust demand during the COVID-19 pandemic, air cargo firms are now reeling from overcapacity.
BUSINESS / FOCUS
Aug 19, 2023
Air travel boom creates crosswinds for air cargo
Passenger jets grounded during the pandemic are flying again and transporting goods, upping the competition with dedicated air freighters.
The cargo ship Super Bayern, carrying Ukrainian grain, in the Black Sea off Kilyos near Istanbul last year
WORLD / ANALYSIS
Aug 17, 2023
Russian raid off Turkey's coast tests Erdogan's resolve
Armed marines raided a Turkish-based vessel on Sunday some 60 kilometers off Turkey's northwest coast, in international waters but near Istanbul.
The ocean has absorbed a whopping 90% of the warming that’s occurred in recent decades as a result of increasing greenhouse gases. Shipping is responsible for a large portion of those emissions, pumping out more than a billion tons in 2018.
BUSINESS / Markets
Aug 16, 2023
Shipping's quest for greener fuel runs into climate complications
Three-and-a-half years ago, a new rule was established to cut ships’ sulfur emissions. Yet some scientists have linked that to warmer ocean temperatures.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023
Drought-hit Panama Canal lets more unbooked ships pass
Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
Japan Times
WORLD
Jul 20, 2023
Russia warns against any ships traveling to Ukraine from July 20
Ukraine accused Russia of damaging grain export infrastructure in 'hellish' overnight strikes focused on two of its Black Sea ports.
Japan Times
COMMENTARY / World
Jul 10, 2023
Shipping needs nuclear power to solve its emissions problem
The shipping industry’s energy needs far exceed the capacity of green sources like solar and wind. There is only one clean alternative: nuclear power.
Japan Times
BUSINESS
Jun 3, 2023
The Fed's fight against U.S. inflation faces a new challenge: A dry Panama Canal
A severe drought has caused water levels in Panama to drop far below normal, resulting in weight limits and rising surcharges for vessels traversing the canal.
Japan Times
ASIA PACIFIC
May 12, 2023
Robbery incidents in Singapore Strait grow in number but not severity, anti-piracy group says
Of the 84 incidents at sea reported in Asia last year, 55, or 65%, took place in the Singapore Strait, up from 49 the previous year.
Japan Times
WORLD
Mar 24, 2023
Oil spills and near misses: More shadow fleet tankers ship sanctioned fuel
Last year there were at least eight groundings, collisions or near misses involving tankers carrying sanctioned crude or oil products — the same number as the previous three years combined.
Japan Times
BUSINESS / Economy
Feb 27, 2023
Supply chains have healed, yet their mark on inflation will endure
Short-term prices for containers from Europe to the U.S. East Coast are still more than double what they were in late 2019, according to data from Freightos.
Japan Times
BUSINESS
Feb 8, 2023
Lost Russian oil revenue is bonanza for shippers and refiners
Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars toward shipping and refining firms, some with Russian connections.
Japan Times
BUSINESS
Feb 2, 2023
Asia faces shortage of ships to install massive offshore wind farms
The situation is only going to get worse as blades get longer and require bigger ships to handle them.
Japan Times
BUSINESS
Jan 14, 2023
Russian oil delivered to Asia in Chinese supertankers amid ship shortage
At least four Chinese-owned supertankers are shipping Russian Urals crude to China as Moscow seeks vessels for exports after the G7 enacted a price cap on the country's oil.
Japan Times
BUSINESS
Dec 30, 2022
Japan insurers to continue marine war coverage near Russia after government steps in
The insurers changed tack after warning policyholders last week of a halt to the insurance coverage from the start of 2023.
Japan Times
BUSINESS
Dec 28, 2022
Japan asks insurers to retain marine war cover for LNG shippers in Russian waters
The Financial Services Agency and Agency for Natural Resources and Energy made the rare request in a joint letter to the country's general insurance association.
Japan Times
WORLD
Dec 20, 2022
Ukraine cries foul as Russian-annexed Crimea showers Syria with wheat
The development comes as a sign of tightening economic ties between two allies shunned by the West.
Japan Times
BUSINESS / Markets
Nov 22, 2022
World's most-crucial fuel heads for shortage touching everything
The shortage comes at a time when supply crunches in nearly all the world's energy markets have worsened inflation and stifled growth.
Japan Times
WORLD
Oct 31, 2022
U.N., Turkey and Ukraine press ahead with Black Sea grain deal despite Russian pullout
Russia, which invaded Ukraine on. Feb 24, on Saturday halted its role in the Black Sea deal for an 'indefinite term,' cutting shipments from one of the world's top grain exporters.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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