
Business / Economy Jan 14, 2021
World economy’s fragile rebound boxed in amid shipping logjams
by Enda Curran and Brendan Murray
Some factories complain they can’t consider new orders until the clogged pipeline clears.
World economy’s fragile rebound boxed in amid shipping logjams
Some factories complain they can’t consider new orders until the clogged pipeline clears.
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. Exports have been on a tear since July last year, fueled by pandemic-related purchases like medical ...
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.
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.
Ship owner says Mauritius oil cleanup mostly over by January
Efforts to remove oil spilled by the MV Wakashio have been hampered by difficulties in cleaning coral reefs and mangrove trees.
Japan to send new team to work out long-term measures for Mauritius aid
Japan will send a new team of experts to Mauritius to work out long-term measures to help the country recover from damage to its environment and fisheries following a major oil spill caused by a Japanese freighter in July, the Foreign Ministry said Friday. The ...
Mauritius ship operator Mitsui OSK to pay ¥1 billion for recovery
"We will provide long-term contributions to the environment and the society of Mauritius," the company said in a statement.
Japanese authorities on Saturday resumed, and then later suspended, searching for dozens of missing sailors from a cargo ship that sank in a typhoon, as waves and strong wind caused by an approaching storm hampered the operation. The Japan Coast Guard found a second survivor ...
Ship carrying 43 crew and almost 6,000 cattle missing in typhoon off Japan
The Japan Coast Guard said it had rescued one crew member on Wednesday night while searching for the ship.
Major Japanese shipping company Nippon Yusen K.K. said Tuesday that it will conduct a trial to put high-power fuel cell commercial ships into practical use with Kawasaki Heavy Industries Ltd., Toshiba Energy Systems & Solutions Corp. and others. Using hydrogen as fuel, the ships will ...
Japan experts propose wiping down Mauritius mangroves by hand to remove oil from Wakashio spill
Japanese experts are proposing wiping down mangrove trees in Mauritius by hand to remove oil spilled by a Japanese freighter that ran aground off the tropical island, a source familiar with the matter said Saturday. The idea for cleaning the trees' roots, recently suggested by ...
Japanese experts warn oil damage could kill mangroves in Mauritius
Environment Minister Shinjiro Koizumi told a news conference Tuesday that the ministry is considering sending additional environment experts to the island nation.