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May 03, 2024
 

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SHIPPING

The ocean has absorbed a whopping 90% of the warming that’s occurred in recent decades as a result of increasing greenhouse gases. Shipping is responsible for a large portion of those emissions, pumping out more than a billion tons in 2018.
BUSINESS / Markets
Aug 16, 2023
Shipping's quest for greener fuel runs into climate complications
Three-and-a-half years ago, a new rule was established to cut ships’ sulfur emissions. Yet some scientists have linked that to warmer ocean temperatures.
A bulk carrier transits through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama, on April 19.
BUSINESS / Economy
Aug 11, 2023
Drought-hit Panama Canal lets more unbooked ships pass
Around 70% of canal traffic comes from or goes to the U.S., where retailers like Walmart, Amazon and Target prep for winter holiday sales.
Japan Times
WORLD
Jul 20, 2023
Russia warns against any ships traveling to Ukraine from July 20
Ukraine accused Russia of damaging grain export infrastructure in 'hellish' overnight strikes focused on two of its Black Sea ports.
Japan Times
COMMENTARY / World
Jul 10, 2023
Shipping needs nuclear power to solve its emissions problem
The shipping industry’s energy needs far exceed the capacity of green sources like solar and wind. There is only one clean alternative: nuclear power.
Japan Times
JAPAN
Jul 5, 2023
Pro-Russian hackers target Port of Nagoya, disrupting loading of Toyota parts
The group, LockBit 3.0, has made a ransom demand in exchange for the system's recovery, Nagoya Harbor Transportation Association said.
Japan Times
BUSINESS
Jun 3, 2023
The Fed's fight against U.S. inflation faces a new challenge: A dry Panama Canal
A severe drought has caused water levels in Panama to drop far below normal, resulting in weight limits and rising surcharges for vessels traversing the canal.
Japan Times
ASIA PACIFIC
May 12, 2023
Robbery incidents in Singapore Strait grow in number but not severity, anti-piracy group says
Of the 84 incidents at sea reported in Asia last year, 55, or 65%, took place in the Singapore Strait, up from 49 the previous year.
Japan Times
WORLD
Mar 24, 2023
Oil spills and near misses: More shadow fleet tankers ship sanctioned fuel
Last year there were at least eight groundings, collisions or near misses involving tankers carrying sanctioned crude or oil products — the same number as the previous three years combined.
Japan Times
BUSINESS / Economy
Feb 27, 2023
Supply chains have healed, yet their mark on inflation will endure
Short-term prices for containers from Europe to the U.S. East Coast are still more than double what they were in late 2019, according to data from Freightos.
Japan Times
BUSINESS
Feb 8, 2023
Lost Russian oil revenue is bonanza for shippers and refiners
Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars toward shipping and refining firms, some with Russian connections.
Japan Times
JAPAN
Feb 3, 2023
Two missing after collision sinks freight ship in Seto Inland Sea
The remaining three crew members of the 716-ton Seiryu were rescued but one of them was suffering from hypothermia and was taken to a hospital.
Japan Times
BUSINESS
Feb 2, 2023
Asia faces shortage of ships to install massive offshore wind farms
The situation is only going to get worse as blades get longer and require bigger ships to handle them.
Japan Times
BUSINESS
Jan 14, 2023
Russian oil delivered to Asia in Chinese supertankers amid ship shortage
At least four Chinese-owned supertankers are shipping Russian Urals crude to China as Moscow seeks vessels for exports after the G7 enacted a price cap on the country's oil.
Japan Times
BUSINESS
Dec 30, 2022
Japan insurers to continue marine war coverage near Russia after government steps in
The insurers changed tack after warning policyholders last week of a halt to the insurance coverage from the start of 2023.
Japan Times
BUSINESS
Dec 28, 2022
Japan asks insurers to retain marine war cover for LNG shippers in Russian waters
The Financial Services Agency and Agency for Natural Resources and Energy made the rare request in a joint letter to the country's general insurance association.
Japan Times
WORLD
Dec 20, 2022
Ukraine cries foul as Russian-annexed Crimea showers Syria with wheat
The development comes as a sign of tightening economic ties between two allies shunned by the West.
Japan Times
BUSINESS / Markets
Nov 22, 2022
World's most-crucial fuel heads for shortage touching everything
The shortage comes at a time when supply crunches in nearly all the world's energy markets have worsened inflation and stifled growth.
Japan Times
WORLD
Oct 31, 2022
U.N., Turkey and Ukraine press ahead with Black Sea grain deal despite Russian pullout
Russia, which invaded Ukraine on. Feb 24, on Saturday halted its role in the Black Sea deal for an 'indefinite term,' cutting shipments from one of the world's top grain exporters.
Japan Times
WORLD
Oct 30, 2022
Russia halts deal over Ukraine Black Sea grain exports after drone attacks
Russia told U.N. Secretary General Antonio Guterres in a letter that it was suspending the deal for an 'indefinite term' because it could not 'guarantee safety of civilian ships.'
Japan Times
JAPAN
Jul 14, 2022
Japan's MSDF deploys new frigates with labor-saving features
Officials hope that the Mogami-class vessels will contribute to strengthening Japan's defense capacity, while at the same time promoting work-style reform.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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