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Tag Archives: Japan

Japan to Pay at Least $536 Million for Companies to Leave China

Chinese flag. Japanese flag.

BLOOMBERG, JULY 18, 2020 BLOOMBERG NEWS – Japan’s government will start paying its companies to move factories out of China and back home or to Southeast Asia, part of a new program to secure supply chains and reduce dependence on manufacturing in China. Fifty-seven companies including privately-held facemask-maker Iris Ohyama Inc. and Sharp Corp. will receive a total of 57.4 billion yen ($536 million) …

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Yakuza suspected in Kobe port cocaine container seizure

PortandTerminal.com, November 19, 2019 KOBE, JAPAN – Japan has one of the world’s lowest rates of cocaine consumption but that doesn’t mean that there isn’t a market for the stuff. What’s more, Japan’s Health, Labor and Welfare Ministry has acknowledged that the annual number of cocaine cases has been rising over the past several years. In 2018 law enforcement authorities reportedly …

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Trucker shortage in Japan causing serious port delays

PortandTerminal.com, November 11, 2019 Japan is dealing with a major shortage of truck drivers, with three open jobs for every applicant. The lack of truck drivers is now causing shipping companies such as Hapag-Lloyd serious delays at Japanese ports TOKYO, JAPAN – Hapag-Lloyd is reporting that a serious trucker shortage in Japan is affecting the delivery of import/export containers to …

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WATCH: FlyingView®” 360° bird’s-eye view monitoring system for tugs

PortandTerminal.com, October 12, 2019 TOKYO, JAPAN – Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has teamed up with Oki Electric Industry Co., Ltd. (OKI), to start test out OKI’s new “FlyingView®” bird’s-eye view monitoring system. The Problem As the tugboat approaches a large box-ship it only a small part of the vessel’s hull can be seen from the tugboat’s …

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GOOD TRADE NEWS (for a change): Japan and U.S. agree deal at G7

President Trump shaking hands with Japanese Prime Minister Abe after agreeing a trade deal in France during the G7 meeting

PortandTerminal.com, August 26, 2019 Finally some good news regarding trade agreements. Not with China, but with Japan. BIARRITZ, FRANCE – President Donald Trump and Japan’s Prime Minister Shinzo Abe agreed on the principles of a trade deal on Sunday at the G7 meeting in France. This looks to be especially good news for American corn farmers who have been suffering under …

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Fake news is still safely afloat in the Gulf of Oman ship attack

PortandTerminal.com, June 14, 2019 Was the ship mined? Was it attacked by missiles? Did it sink as the Iranian media reported early yesterday? Conflicting accounts swirl in the media about what actually happened in the Gulf Oman ship attacks yesterday Yesterday Reuters (and PortandTerminal.com) reported that Iranian State media (IRNA) was claiming that one of the two ships attacked had …

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Oil tankers attacked again in the Gulf of Oman

PortandTerminal.com, June 13, 2019 UPDATE (12:24 local time in Tehran): Iran’s state-run media agency IRNA says one of the two stricken oil tankers in the Gulf of Oman has sunk. Two oil tankers came under attack on Thursday in the Gulf of Oman, forcing their crews to abandon ship and setting at least one vessel ablaze, a month after four tankers …

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