Japan

Wreck of Japanese aircraft carrier Kaga discovered

Researchers discovered the wreck of the Imperial Japanese Navy carrier ‘IJN Kaga’ which sank at the Battle of Midway in June 1942. The wreck is located in the Papahanaumokuakea Marine National Monument off the Midway Atoll.

G20 supports a free trade environment

Following a two-day meeting in Japan’s Osaka, the leaders of the Group of 20 major economies discussed a free trade environment, after talks some members described as difficult. The leaders noted that growth remained low, whereas risks were tilted to the downside as trade and geopolitical tensions have grown.

Japan surpasses China as second user on Panama Canal

As AP reports, Japan surpassed China and is becoming the second-biggest user of the Panama Canal, in light of a trade war between Beijing and Washington. The US remains the leader in using the canal. China’s third place is due to the fact that there’s a decrease in shipments of natural and liquid petroleum gas as the Asian giant is buying less of them from the United States. 

US chartered ship to search for missing Japanese fighter jet

The Japanese Defense Minister Takeshi Iwaya informed on April 23 that a US-chartered ship will join this month a deep-sea search for an F-35A fighter jet that recently crashed in the Pacific. The ‘Van Gogh’ will take part in the search effort by the Maritime Self-Defense Force and US forces off Aomori Prefecture. he jet crashed on April 9 during an Air Self-Defense Force night exercise after having taken off from Misawa Air Base in Aomori.

Yokohama port to see cruise growth

Two new cruise piers are expected to open in Japan’s second largest city, Yokohama, in April and November 2019, in line with an overall trend that wants it to be the most frequently visited Japanese port for English-speaking passengers.

14,000 TEU ‘ONE Aquila’ joins ONE fleet

Japanese shipping venture Ocean Network Express Pte. Ltd. (ONE) announced delivery of its latest container ship, ‘ONE Aquila’, with a carrying capacity of 14,000 TEU. The ship was delivered at Kure Shipyard of Japan Marine United Corporation and is owned by Nippon Yusen Kaisha.

Japan suspects illegal ship-to-ship transfers of goods in East China Sea

The Japanese Ministry of Foreign Affairs suspected a North Korean-flagged tanker that was lying alongside a small vessel of unknown nationality, in the East China Sea, to have been conducting illegal ship-to-ship transfers of goods, on May 19. Japan notified the Security Council Committee of this incident.

Japanese ONE officially starts operations

Ocean Network Express Pte. Ltd. officially commenced container shipping businesses on 1 April 2018. ONE is the result of an integration of the container operations of three Japanese shipping carriers, K Line, MOL, and NYK. The new joint-venture seeks to respond to the imbalance of supply and demand in the container shipping industry.

MOL, NCC form capital and business alliance

Tokyo-based MOL and compatriot Nippon Concept Corporation announced the conclusion of a capital and business alliance agreement, with the objective of developing a comprehensive two-way strategic partnership including both partners’ group companies, and steadily enhancing their businesses.

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