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July 28, 2024
 

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SHIPPING

Japan Times
BUSINESS
Mar 8, 2022
War in Ukraine pushes up already high freight costs for Japan
Delivery times and costs for shipping and air cargo had already been affected by the pandemic, and now the conflict has led to closed airspace and reduced port access.
Japan Times
BUSINESS / Economy
Mar 2, 2022
Shocks from outbreak of war ripple across one of the world’s busiest trade lanes
Beyond the devastating human toll, the war threatens higher costs for fuel, grain, industrial metals and other raw materials used in Asian-made consumer goods headed for Europe and beyond.
Japan Times
WORLD
Feb 24, 2022
Ukraine shuts down ports as conflict threatens grain supplies
Russia had earlier suspended movement of commercial vessels in the Azov sea, but kept Russian ports in the Black Sea open for navigation, officials and grain industry sources said.
Japan Times
BUSINESS
Feb 23, 2022
Porsche car carrier fire drags on days after crew left ship
Thousands of Porsches, Lamborghinis and other Volkswagen vehicles were being transported by the vessel, with their worth estimated to be roughly $155 million.
Japan Times
BUSINESS / Markets
Feb 21, 2022
Soaring diesel and gasoline prices are bleeding into global shipping
Much of the price increase in ship fuel has been due to a rally in crude oil, which is used to make most marine fuel.
Japan Times
BUSINESS
Feb 19, 2022
Crew airlifted off burning Japanese ship adrift in Atlantic
Mitsui O.S.K. Lines Ltd., the operator of the Felicity Ace, said all 22 crew members aboard the ship have been safely evacuated to a nearby island.
Japan Times
BUSINESS
Feb 2, 2022
A normal supply chain? It’s ‘unlikely’ in 2022.
For those who keep tabs on the global supply chain, the very concept of a return to normalcy has given way to a begrudging acceptance that a new normal may be unfolding.
Japan Times
BUSINESS / Economy
Jan 18, 2022
Economists warn of inflationary effect as shipping firms enjoy record profits
Supply chain issues and high shipping rates have thrown a spotlight on the market concentration of shipping lines and their legal immunity from antitrust laws.
Japan Times
WORLD
Jan 13, 2022
EU shipping plan leaves millions of tons of carbon dioxide unregulated, study says
With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's carbon dioxide emissions.
Japan Times
BUSINESS
Dec 28, 2021
Expect more shipping chaos as omicron forces transport workers to quit
The transport industry is bracing for another roller coaster year of supply-chain disruptions as seafarers refuse to get back on ships and truck drivers quit over COVID-19 concerns.
Japan Times
BUSINESS
Nov 25, 2021
China's seven-week port quarantine snarls supply chains further
To comply with the measure, owners and managers have had to reroute ships, delaying shipments and crew changes.
Japan Times
BUSINESS / FOCUS
Nov 15, 2021
Shipping companies feel the heat as investors shun coal
Such pressures pose new challenges for the shipping industry, which hitherto largely hasn't been drawn into the center of the coal debate.
Japan Times
BUSINESS
Nov 2, 2021
U.S. toymaker looks beyond port logjams to the risk of gluts
A key concern in the current environment is that companies will order too many goods as they scramble to fill orders.
Japan Times
BUSINESS / FOCUS
Nov 2, 2021
Supply chain crisis risks taking the global economy down with it
New indicators underscore the extremity of the problem, the world's failure to find a quick fix and how in some regions the Big Crunch of 2021 is still getting worse.
Japan Times
BUSINESS / Economy
Oct 23, 2021
How the supply chain broke, and why it won’t be fixed anytime soon
No one really knows when the shortages will end, but there are good reasons to suspect that this will be with us well into 2022.
Japan Times
BUSINESS / Economy
Oct 23, 2021
Think everything’s expensive now? Get ready for what’s next.
Companies are facing a dire mix of supply-chain challenges, as well as higher costs for energy, raw materials, packaging and shipping.
Japan Times
BUSINESS
Oct 12, 2021
'Containergeddon': Supply crisis drives Walmart and rivals to hire their own ships
U.S. retailers' traditional lifeline from Asia is freezing up due to a resurgence of COVID-19 in countries like Vietnam and Indonesia plus a power-supply crunch in China.
Japan Times
BUSINESS / FOCUS
Aug 26, 2021
Delta deepens global supply-chain challenges, disrupting shipping and hiking prices
Manufacturers reeling from shortages of key components and higher raw material and energy costs are also being forced into bidding wars to get space on cargo vessels.
Japan Times
JAPAN
Aug 13, 2021
Oil spill reaches Japan coast as freighter breaks apart off Aomori
About 1,600 tons of heavy oil remains inside the cargo ship, which has already leaked a 24-kilometer slick.
Japan Times
BUSINESS / FOCUS
Jul 25, 2021
Global supply chains buckle as virus variant and disasters strike
Events have conspired to disrupt the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

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

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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