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May 17, 2024
 

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SHIPPING

A liquefied natural gas shipment on the Suez Canal in Ismailia, Egypt
BUSINESS / Economy
May 16, 2024
Red Sea disruptions are splitting global LNG trade into regions
It’s been four months since an LNG tanker has passed through the strait separating the Arabian Peninsula and Africa.
Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California, in 2018.
BUSINESS / Markets
May 16, 2024
U.S. efforts to reshape global supply chains gathers pace in Asia
Investment flows are shifting along with trade, with global firms investing in Southeast Asia to avoid U.S. tariffs on China.
Iran's urban development minister and India's ports and shipping minister signed the contract in the town of Chabahar, in a ceremony broadcast live on state media.
WORLD / Politics
May 15, 2024
India and Iran sign 10-year agreement to develop port project
The contract will see India Ports Global invest $370 million into "providing strategic equipment" and "developing transport infrastructure."
A group of fishing boats sit next to the Mekong river in Phnom Penh in 2021.
BUSINESS
May 8, 2024
Cambodia to cut shipping through Vietnam with China-funded canal
Cambodia's deputy prime minister downplayed environmental concerns about the new canal and dismissed speculation Chinese warships could use it.
A ship, identified by the Royal United Services Institute as the North Korean registered cargo ship Angara, is seen docked alongside a larger vessel at the Zhoushan Xinya Shipbuilding Co. wharf in Zhoushan, China, in February.
ASIA PACIFIC / Politics
Apr 25, 2024
Images show China harboring ship tied to Russian arms transfers
Satellite images show China is docking a ship that has moved containers believed to be full of North Korean munitions around Russia.
Russian President Vladimir Putin and Iranian President Ebrahim Raisi during the signing of the Rasht-Astara railway agreement in May 2023.
WORLD / Politics
Apr 18, 2024
New 'sanctions-proof' transport routes put Russia at heart of global trade
Shipping and rail networks via Iran and an Arctic sea passage could strengthen Moscow’s pivot toward China and India and away from Europe.
Waters near the Strait of Hormuz, in Oman's Musandam province
WORLD
Apr 13, 2024
Iran seizes cargo ship in Strait of Hormuz, Iranian media says
State-run media reported that an Iran helicopter had boarded and taken into Iranian waters the Portuguese flagged MSC Aries.
Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, on Saturday. The bridge collapse Tuesday that shut the Port of Baltimore and closed a major highway will cause weeks or months of transportation disruptions in the Mid-Atlantic region.
BUSINESS
Apr 1, 2024
Baltimore ship accident has east coast ports scrambling to absorb cargo
The bridge collapse will accelerate a shift of cargo to the U.S. West Coast in order to avoid potential bottlenecks at trade gateways from Boston to Miami.
Cranes begin the clean-up of the collapsed Francis Scott Key Bridge and the container ship Dali in Baltimore, Maryland, on Saturday.
WORLD
Mar 31, 2024
Salvage crews work to lift first piece of collapsed Baltimore bridge
Five days after the tragedy, the jobs of some 15,000 people whose work revolves around daily port operation are on hold.
The Barbados-flagged bulk carrier vessel True Confidence in Ravenna, Italy, in 2022
WORLD / Crime & Legal
Mar 28, 2024
Deaths on Houthi-ravaged vessel herald perilous era for Middle East shipping
The experience of the True Confidence shows the threat to the oil tankers, cargo carriers and seafarers who are still using this vital waterway for trade.
Jacky Im, Elizabeth Chan and Kate Maco are the founders of Neptune Robotics, a firm building robots that remove debris from the hulls of ships to improve fuel efficiency and reduce emissions.
BUSINESS / Tech
Mar 27, 2024
Underwater robots offering practical route to greener shipping
Technology that removes the algae, barnacles and debris that accumulate on ships' hulls can reduce drag and improve fuel efficiency.
The Dali cargo vessel that crashed into the Francis Scott Key Bridge, causing it to collapse in Baltimore, Maryland, on Tuesday
BUSINESS
Mar 27, 2024
Baltimore’s freak bridge collapse reverberates from cars to coal
The aftermath of the bridge’s collapse throws another spotlight on the fragile nature of global supply chains.
A view of the Dali cargo vessel that crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, on Tuesday.
WORLD
Mar 26, 2024
Baltimore bridge collision sends vehicles tumbling into water
Rescuers pulled out two survivors, one in a "very serious condition," and were searching for more after the Francis Scott Key Bridge fell into the water.
The Monrovia NSU Challenger bulk carrier transits the expanded canal through the Cocoli Locks of the Panama Canal in April 2023.
ENVIRONMENT / Sustainability
Mar 22, 2024
'We all need water': Panama's canal, and people, thirst for more
A severe drought last year caused water levels in Gatun Lake, which provides drinking water and is the main reservoir for the canal, to fall.
General Cargo Pegasus 01 vessel offloads cargo at the Port of Bosaso, in the semi-autonomous region of Puntland, Somalia, on Jan. 28.
WORLD / Crime & Legal
Mar 22, 2024
Somali pirates' return adds to crisis for global shipping companies
The raids reemerge as shipping companies contend with attacks by Yemen's Houthi militia in the Red Sea and other nearby waters.
The Keoyoung Sun chemical tanker is seen capsized off the coast of Mutsure Island in Shimonoseki, Yamaguchi Prefecture, on Wednesday.
JAPAN
Mar 21, 2024
South Korean-flagged tanker capsizes off coast of Japan, killing eight
Japan's coast guard said Thursday that it had rescued one of the two other crew members who were missing, but did not state that person's condition.
A container ship passes at Keelung port in northern Taiwan in July 2010.
ENVIRONMENT / Sustainability
Mar 18, 2024
Pressure builds for charge on shipping sector's CO2 emissions
At an International Maritime Organization meeting, 47 countries are supporting the imposition of a fee on each ton of greenhouse gas the industry produces.
Shanghai Zhenhua Heavy Industries is one of the largest port machinery manufacturers in the world, owning a fleet of more than 20 transportation vessels, according to its website.
WORLD
Mar 10, 2024
Shanghai Zhenhua denies posing cybersecurity risk to US ports
ABB has said it sold its control and electrification equipment to many crane manufacturers, including Chinese companies.
The Rubymar cargo ship sinking off the coast of Yemen on Feb. 27. The vessel had 21,000 metric tons of ammonium phosphate sulfate fertilizer on board.
ENVIRONMENT
Mar 6, 2024
Yemen faces 'environmental disaster' as sunken ship threatens Red Sea
Leaking fuel and fertilizer from vessel struck by Houthis could harm marine life and impact coastal communities that rely on fishing.
A satellite image shows the Rubymar cargo ship on Friday after it was heavily damaged in a Feb. 19 missile strike claimed by Iran-backed Houthi rebels.
WORLD
Mar 3, 2024
Ship sunk by Houthis threatens Red Sea environment
The sinking marks the first vessel lost since the Houthis began targeting ships in November.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.

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