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July 15, 2025
 

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SHIPPING

The Liberia-flagged bulk carrier Eternity C sinks after it was attacked by the Houthis.
WORLD / Politics
Jul 10, 2025
Two cargo ships sink after deadly Houthi attacks in Red Sea
If attacks worsen, the violence could boost oil prices, freight rates and insurance costs as it snarls supply chains.
Merchant ships in the southern Red Sea. The resumption of attacks by Houthi militants could once again deter more owners and crews against going through the Red Sea.
WORLD
Jul 9, 2025
Two killed in Houthi attack on cargo ship in Red Sea
The return of Houthi attacks could once again deter more ship owners and crews against going through the Red Sea to cut shipping time.
The Magic Seas cargo ship docked at a port in Ampelakia, Salamis Island, Greece in August 2022
WORLD
Jul 8, 2025
Crew wounded and missing off Yemen as Houthis strike Greek bulk carrier
The latest attacks highlight a growing operational risk to commercial operators whose vessels have called at Israeli ports.
An oil tanker unloads imported crude oil at Qingdao port in China in 2022.
BUSINESS
Jul 2, 2025
Major Chinese ports keep Iranian oil flowing despite sanctions
From January to June, terminals in the port clusters around Qingdao, Dalian and Zhoushan have helped China purchase almost 1.4 million barrels a day of Iranian crude.
The Iranian shores and the island of Qeshm are seen in the Strait of Hormuz on Dec. 10, 2023. Two U.S. officials said Tehran was gearing up to blockade the strait following Israel's strikes on sites across Iran last month.
WORLD / Politics
Jul 2, 2025
Iran made preparations to deploy mines in Strait of Hormuz, U.S. sources say
About one-fifth of global oil and gas shipments pass through the strait, and a blockage would likely have spiked world energy prices.
Workers build a scaffolding platform during construction at the Yamal LNG plant, operated by Novatek, in Sabetta, Russia, in August 2018.
BUSINESS
Jun 29, 2025
Russia tries again to expand LNG exports upended by sanctions
Since the 2022 invasion of Ukraine, Russian gas pipeline exports to Europe have dwindled, and shipping more fuel via seaborne LNG tankers provides an attractive revenue stream.
The Strait of Hormuz separating Iran (top) from the United Arab Emirates and Oman (bottom) as seen from the International Space Station in 2021. More than half of the oil imported by East Asia passes through the Strait, experts estimate.
BUSINESS / Economy
Jun 24, 2025
Asian countries most vulnerable to Strait of Hormuz blockade
Japanese customs data showed 95% of crude oil imports last year came from the Middle East.
An Iranian military ship takes part in an annual drill in the coastal area of the Gulf of Oman and near the Strait of Hormuz, Iran, in this picture obtained in December 2022.
WORLD / Politics
Jun 23, 2025
China criticizes attack on Iran as U.S. asks Beijing for trade route help
Beijing "strongly” condemns the attacks on Iran, according to a four-sentence statement from the Foreign Ministry on Sunday.
Protesters, predominantly Houthi supporters, burn Israeli and U.S. flags as they demonstrate in solidarity with Palestinians and Iran, amid the Iran-Israel conflict, in Sanaa, Yemen, on Friday.
BUSINESS / Markets
Jun 23, 2025
How a cornered Iran could wreak havoc on global oil trade
Iran has over the years threatened multiple times to shut the Strait of Hormuz — a narrow stretch of water through which a fifth of the world’s oil supply flows each day.
Smoke rises from a fire aboard the cargo vessel Morning Midas as seen from a U.S. Coast Guard C-130J Super Hercules, approximately 480 kilometers south of Adak, Alaska, on Tuesday. The ship's cargo consists of around 3,000 cars, including 800 electric vehicles.
ASIA PACIFIC
Jun 5, 2025
Ship carrying EVs abandoned in Pacific after catching fire
The Morning Midas' cargo consists of about 3,000 cars, including 800 electric vehicles.
Laleli's informal shipping scene, once a bustling hub of cross-continental trade, is now facing growing pressure from rising costs and tougher residency rules imposed by Turkish authorities.
BUSINESS
Jun 3, 2025
Tough residency rules and Chinese competition squeeze Istanbul's 'suitcase trade'
Shipments have dropped, even as Turkish exports to Africa have generally soared — from $11.5 billion in 2017 to $19.4 billion last year.
The Eagle S oil tanker is seen near a Finnish border guard ship and tugboat off the Porkkalanniemi Peninsula in the Gulf of Finland in December. Finland seized the Russian-linked vessel on suspicion it damaged undersea cables amid growing concerns over sanctions evasion and maritime security.
COMMENTARY / World
Jun 2, 2025
Braving the storm: It’s time to board Russia’s shadow fleet
European sanctions against the Kremlin’s oil vessels are futile without actual enforcement.
Nippon Yusen, Japan's biggest shipper, believes there will probably not be another decline in bookings impacted by U.S. tariffs this year.
BUSINESS / Companies
May 30, 2025
Top Japan shipper sees orders recovering as trade tensions ease
Nippon Yusen saw a robust recovery in container shipping orders following an easing in tensions between the United States and some of its trading partners this month.
Australia is looking to regain control of the Port of Darwin from Landbridge Group, a Chinese company, without jeopardizing improved relations with Beijing.
ASIA PACIFIC / Politics
May 29, 2025
With Port of Darwin, Australia hopes to avoid a repeat of Panama Canal
Canberra is looking to regain control of the port from a Chinese company without jeopardizing improved relations with Beijing.
The container terminal at Bremerhaven port in Bremerhaven, Germany, on April 22
BUSINESS
May 26, 2025
Europe’s shipping bottlenecks expected to persist into July
"Port delays are stretching transit times, disrupting inventory planning and pushing shippers to carry extra stock," said maritime consultancy Drewry.
Mitsui O.S.K. Lines President and CEO Takeshi Hashimoto speaks during an interview in Tokyo in April.
BUSINESS
May 23, 2025
Japanese gas tanker giant sees difficulty buying Chinese vessels
Washington has issued a flurry of measures since President Donald Trump took office aimed at curbing China’s maritime dominance and reviving its own flagging shipbuilding industry.
Mitsui OSK Lines' owned and managed North Moon, North Ocean and North Light LNG vessels have been included in a new sanctions package targeting Russia's shadow fleet.
BUSINESS / Companies
May 21, 2025
Mitsui OSK assessing EU sanction impact on its LNG vessels
MOL's owned and managed North Moon, North Ocean and North Light LNG vessels were included in a new sanctions package.
A bulk carrier arrives at the Port of Los Angeles on April 28.
BUSINESS / Markets
May 13, 2025
China tariff relief spurs shipping rush and price hike U-turns
The temporary tariff relief means that U.S. companies will try to quickly ship out products that were being held in factory warehouses in China.
According to earnings reports released by Thursday, net profit is forecast to fall 47.7% to ¥250 billion at Nippon Yusen K.K., 60% to ¥170 billion at Mitsui O.S.K. Lines and 67.3% to ¥100 billion at Kawasaki Kisen Kaisha.
BUSINESS / Companies
May 9, 2025
Three major Japan shipping firms expect sharp falls in profit
The companies are projecting a drop in the transport of autos and other goods due to U.S. tariff measures.
The global shipping industry is also contending with U.S. measures beyond the barrage of levies.
BUSINESS / Markets
May 7, 2025
World’s trade superhighway feels strain from U.S.-China decoupling
Among signs of disruption are plunging fees, fewer services and a pall of uncertainty over what for decades has been one the main maritime highways of the global economy.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tourists in Japan have telemedicine options before calling 119
Foreign tourists at Tsukiji Outer Market in Tokyo. More than 1 million international visitors have a medical issue in Japan every year.
Tropical Storm Nari moves northward, with possible landfall Tuesday
Tropical Storm Nari's forecast path as of Monday morning
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
Students in Japan struggle with Japanese language and math sections on national exam
The correct answer rate for the Japanese language section on a national test dropped to 67.0% from 67.8% the previous year among elementary school sixth-graders.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tourists in Japan have telemedicine options before calling 119
Foreign tourists at Tsukiji Outer Market in Tokyo. More than 1 million international visitors have a medical issue in Japan every year.
Is Japanese skin really ‘too smooth’ for Hideo Kojima’s games?
Hideo Kojima, the leading auteur in Japanese video games, has skirted controversy in the wake of the release of Death Stranding 2: On the Beach
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.

Podcast

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

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan
By Megha Wadhwa

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