Tag - shipping

 
 

SHIPPING

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
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 Times
BUSINESS / Economy
Mar 12, 2021
Inflation is already creeping into some corners of the world
Prices have risen for commodities and in industries for reasons directly tied to the disruptions of COVID-19, the policy response or the surge in demand that comes with hopes of recovery.
Japan Times
WORLD
Feb 3, 2021
Container crunch upends global food trade while ships queue at U.S. ports
Food is piling up in all the wrong places, thanks to carriers hauling empty shipping containers.
Japan Times
WORLD / Society
Jan 27, 2021
Top global traders work to ease seafarer crisis due to coronavirus
Shipping industry officials say many sailors are at breaking point, and many have been at sea for longer than an 11-month limit laid out in a maritime labor convention.
Japan Times
BUSINESS / Economy
Jan 14, 2021
World economy’s fragile rebound boxed in amid shipping logjams
Some factories complain they can't consider new orders until the clogged pipeline clears.
Japan Times
BUSINESS
Jan 7, 2021
Demand for Chinese goods creates shipping container shortage 
Global demand for Chinese goods has been so strong recently it’s creating a shortage of containers and driving up shipping costs, potentially impeding the nation’s exports in coming months.
Japan Times
WORLD
Jan 5, 2021
Iran seizes South Korean tanker and ramps up enrichment as tensions mount
The developments unfolded against a broader backdrop of rising anxiety in the Middle East as the Trump administration has extended its offensive to weaken Iran.
Japan Times
ASIA PACIFIC
Dec 16, 2020
South Korean couriers die of overwork as pandemic spurs surge in deliveries
A string of deaths among couriers this year has caused a national uproar, drawing attention to unevenly distributed worker protections.
Japan Times
BUSINESS
Dec 15, 2020
Trucks in China are watching if drivers doze, speed or slack off
Beijing-based G7 aims to monitor all steps along a product's logistics journey, from warehouse to delivery, remotely.

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