“Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to be recovering. However, Japan’s demand for steel remains weak and as a result, the country’s bulk imports are estimated to have fallen by 4% y/y in the first quarter of 2023,” says Filipe Gouveia, Shipping Analyst at BIMCO.The steel industry in Japan relies on iron ore and coking coal imports, which combined account for 41% of the country’s bulk imports…
A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical. The agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU…
Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia's Arctic LNG 2 project, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday.The Arctic LNG 2 project…
CNC has started its Nine Provinces Feeder (NPF) service at the port of Kochi in Japan.CNC is the Intra-Asia short sea specialist of the CMA CGM Group and one of only two non-domestic services currently to Kochi.The first NPF voyage to Kochi has delivered fertilisers…
Fremantle Ports said it is seeking out opportunities with Japan to collaborate and expand their trade relationship.Fremantle Ports CEO Michael Parker and General Manager Strategy, Planning and Performance, Sami Zouad welcomed Consul General of Japan to Western Australia…
NAVTOR secured an agreement with Shoei Kisen Kaisha, Ltd., one of Japan’s largest shipowners and managers, to deliver the NavFleet application across itsfleet of managed vessels. Shoei Kisen, a part of Imabari Shipbuilding, Japan’s largest shipbuilder…
Japan's biggest hydrogen supplier Iwatani Corp and five other firms said on Wednesday they will study the feasibility of building a green liquefied hydrogen supply chain between Japan and Australia that could produce 100 tonnes a day by around 2026…
Japan’s exports grew the most since 2010 in April while capital spending perked up on surging global demand for cars and electronics, lifting hopes that an improvement in trade could help lead the world’s third-largest economy back to growth…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that it continues to enhance its Intra-Asia service network by launching a new Taiwan–Japan service (JCH) effective from January 26th, 2020.The JCH service will provide weekly direct service between Kaohsiung…
Japan will send a warship and patrol planes to protect Japanese ships in the Middle East as the situation in the region, from which it sources nearly 90% of its crude oil imports, remains volatile, Japan's top government spokesman said on Friday…
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) Group has provided support to a project being conducted by maritime volunteers in the town of Pembroke, which is south of Wales, to return ginkgo saplings linked to Admiral Togo, one of Japan’s greatest naval heroes…
Japanese gas buyers marked the 50th anniversary since the first cargo of liquefied natural gas arrived in Japan, now the world’s biggest importer of the fuel.On November 4th, 1969, LNG was first imported to Japan. Tokyo Electric Power Company (now JERA Co…
The Liberian Registry opened a full-service office in Imabari, Japan, as part of the continued expansion of its presence in Asia.Led by Eiji Okazaki, President of the Liberian International Ship and Corporate Registry (LISCR) Japan, the Imabari…
The Ministry of Foreign Affairs of Japan (MOFA Japan) and the Maritime and Port Authority of Singapore (MPA), in cooperation with the ReCAAP Information Sharing Centre (ReCAAP ISC), jointly organized the 3rd Capacity Building Executive Program (CBEP) in Singapore…
Japan will not join a U.S.-led security mission to protect merchant vessels passing through key Middle Eastern waterways, but will consider deploying its naval force independently, the Yomiuri newspaper reported on Tuesday.Though the United States is Japan's most important ally…
