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July 28, 2024
 

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SHIPPING

Japan Times
BUSINESS
Jul 21, 2021
SOS: Stranded and shattered seafarers threaten global supply lines
The United Nations describes the situation as a humanitarian crisis at sea and says governments should class seafarers as essential workers.
Japan Times
BUSINESS / Companies
Jul 14, 2021
Suez ship’s Japan owner braces for ‘thousands’ of legal claims
The scale of future litigation was laid bare at a court hearing, where lawyers won an order to put potential claims on hold for two months.
Japan Times
BUSINESS
Jul 12, 2021
South Korea's container squeeze throws exporters into costly gridlock
While the shipping squeeze caused by the pandemic is a global problem, the congestion at a transit hub like Busan has made things worse for smaller Korean exporters.
Japan Times
WORLD
Jul 7, 2021
Ever Given container ship under way for departure from Suez Canal
The Suez Canal Authority had held the ship under court order as it pursued a compensation claim, creating a dispute with the ship's insurers and Japanese owner Shoei Kisen.
Japan Times
ASIA PACIFIC
Jul 4, 2021
New and improved Trans-Siberian Railway aims to boost shipping capacity to Asia
Improvements are rapidly being made to allow trains to travel faster and carry more freight in a bid to revive the line's leading role in connecting Asia and Europe.
Japan Times
BUSINESS
Jun 23, 2021
Suez Canal and Ever Given ship owners reach deal on compensation
The two sides will finalize an agreement 'as soon as possible,” after which arrangements will be made to let the ship leave Egypt
Japan Times
BUSINESS
Jun 18, 2021
China’s worse-than-Suez ship delays set to widen trade chaos
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.
Japan Times
BUSINESS
Jun 10, 2021
Reality check awaits John Kerry and his bid to cut ships’ emissions
The U.S. climate envoy said in April that he wants international shipping's emissions to drop to zero by 2050.
Japan Times
BUSINESS / FOCUS
May 24, 2021
Sea change: Global freight sails out of the digital dark ages
'The switch to digital used to be seen as a vitamin, now it's a painkiller,' says Loadsmart CEO Ricardo Salgado.
Japan Times
BUSINESS / Economy / FOCUS
May 17, 2021
The world economy is suddenly running low on everything
A year ago, as the pandemic ravaged country after country, consumers were the ones panic-buying. Today, on the rebound, it's companies furiously stocking up.
Japan Times
BUSINESS
May 14, 2021
Too cold to handle? Race is on to pioneer shipping of hydrogen.
Companies including Japan's Kawasaki Heavy Industries are beginning to develop a new generation of vessels that can deliver hydrogen to heavy industry.
Japan Times
BUSINESS
Apr 15, 2021
Egypt seizes Suez ship Ever Given pending $900 million payment
A spokesman for Japanese owner Shoei Kisen Kaisha declined to comment on compensation while discussions with the Suez Canal Authority are underway.
Japan Times
BUSINESS
Apr 11, 2021
Suez Canal chief suggests 'mistake' by captain in ship's stranding
The Ever Given container ship became stuck in the vital international waterway in late March.
Japan Times
COMMENTARY / World
Apr 4, 2021
Was the Suez container ship crisis unforeseeable?
Last week, a massive container ship wedged itself between both banks of the Suez Canal in Egypt, completely blocking the waterway and affecting 10% of the world’s trade traffic. I could not keep silent about the matter, having been to the canal several times, as I spent two years beginning in 1979...
Japan Times
BUSINESS / FOCUS
Mar 30, 2021
End of Suez snarl marks beginning of new stress on global trade
In its wake, the Ever Given leaves several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles' heel.
Japan Times
BUSINESS / Economy
Mar 29, 2021
Suez ship partly refloated in first step toward reopening canal
There was no immediate clarity on the crucial question of when traffic in the canal will restart.
Japan Times
BUSINESS
Mar 29, 2021
Diggers and dredgers struggle to free ship blocking Suez Canal
At least 369 vessels are waiting to transit the canal, including dozens of container ships, bulk carriers, oil tankers and LNG or LPG vessels.
Japan Times
BUSINESS / FOCUS
Mar 28, 2021
When a desert wind blew $10 billion of global trade off course
The grounding highlighted the fragility of a global network of markets and economies that takes for granted the flow of goods through it.
Japan Times
BUSINESS
Mar 27, 2021
Suez Canal steps up efforts to free stuck vessel as U.S. watches energy market impact
Dredging and tugging aimed at freeing a mega-vessel stuck in the Suez Canal failed on Friday to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes.
Japan Times
WORLD
Mar 25, 2021
Massive ship blocking Suez Canal paralyzes trade for another day
The situation has gotten so desperate that an elite salvage squad is due to arrive Thursday to work on prising the Ever Given from the bank of the canal.
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
JNTO promotes sustainable tourism initiatives

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