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July 02, 2026
 

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SHIPPING

Iran has suggested that it will allow ships to pass safely through the Strait of Hormuz during an ongoing two-week ceasefire if they coordinate with its military, though specific procedures remain unclear.
JAPAN
Apr 9, 2026
42 Japan-linked ships still stranded in Persian Gulf
The vessels include crude oil tankers, chemical tankers, vehicle carriers, liquefied natural gas ships and tankers carrying petroleum products.
A liquefied natural gas tanker is seen at a port in Yokohama, Kanagawa prefecture, on Wednesday.
BUSINESS
Apr 8, 2026
Shipowners eye Hormuz ceasefire window for 800 trapped vessels
The near-closure of the vital waterway has created an unprecedented global energy supply crunch, as Iran tightened its control in the aftermath of U.S. and Israeli strikes.
People stand on the beach in Gujarat, India, near the MT Desert Kite oil tanker carrying Russian oil in the Arabian Sea, on March 11.
BUSINESS
Apr 8, 2026
Whether oil and gas or green tech, India depends on imports
​India imports 80% of its oil and gas, and while it produces some green minerals like copper and graphite, it is dependent on imports for others such as lithium, cobalt and nickel.
Mitsui OSK Lines said Monday an Indian-flagged tanker owned by its subsidiary had crossed the Strait of Hormuz.
JAPAN
Apr 6, 2026
Japan-owned tanker crosses Strait of Hormuz
Iran has effectively closed the strait, a critical route for global crude oil and gas, leading to fuel shortages and soaring energy prices across the globe.
A DHL container is loaded from a truck onto trains at a terminal in Hamburg, Germany, in December 2022.
BUSINESS / Markets / FOCUS
Apr 5, 2026
Pharmaceutical logistics in demand as war rattles supply chains
As fears of medicine shortages grow amid the war in the Middle East, pharmaceutical logistics help ensure steady shipments to hospitals, pharmacies, and other customers worldwide.
A Shiite Muslim cleric looks on during a demonstration in solidarity with Iran and denouncing the U.S.-Israeli war against it, in Iraq's southern city of Basra on Saturday.
BUSINESS
Apr 5, 2026
Iran says Iraqi ships are allowed to use Strait of Hormuz
Traffic in the Strait remains a small fraction of the pre-war rate, when one-fifth of the world’s oil and LNG sailed the narrows connecting the Persian Gulf to the Indian Ocean.
The headquarters of Mitsui O.S.K. Lines in Tokyo
BUSINESS
Apr 4, 2026
Second Japan-linked ship passes through Strait of Hormuz
The ship is the Indian-flagged LPG tanker Green Sanvi, owned by an Indian affiliate of Mitsui O.S.K., according to the Japanese company.
Industry minister Ryosei Akazawa speaks during a news conference on parliament in Tokyo on Friday.
BUSINESS
Apr 4, 2026
Oil bypassing Strait of Hormuz set to arrive in Japan from May
Over 90% of Japan’s oil imports have come from the Middle East, and most of them have come via the strait.
An office of Mitsui O.S.K. Lines in Tokyo last year
BUSINESS
Apr 4, 2026
First Japanese and French ships cross Strait of Hormuz since war
A Japanese government official said that the reason the ship was allowed to sail through the strait at this time is unknown.
A police speedboat patrols as oil tankers and high-speed crafts sit anchored at Muscat Anchorage near the Strait of Hormuz on Monday in Muscat, Oman.
BUSINESS
Apr 2, 2026
Secret codes and yuan fees get ships through Iran’s Hormuz tollbooth
Ship owners and operators face difficult legal questions over whether they should pay Iran’s tolls and which rules, sanctions and conventions may be applied to them.
An oil tanker off the shore of Singapore, on March 17
BUSINESS
Apr 2, 2026
A 12,000-mile journey shows the world’s scramble for diesel
Soaring fuel prices from the Iran war are forcing oil traders into longer, stranger journeys, sending cargoes on routes that would normally make little economic sense.
U.S. President Donald Trump arrives to makes an announcement about lowering the cost of drug prices, at the Roosevelt Room of the White House in Washington on Dec. 19, 2025.
BUSINESS / Markets
Apr 1, 2026
Drugmakers delay some European launches with a wary eye on Trump’s pricing policies
The White House has been pushing to lower the cost of prescription drugs in the U.S., which has traditionally paid significantly more than other wealthy countries.
U.S. President Donald Trump holds a poster showing what was described as reciprocal tariffs during an announcement in the Rose Garden of the White House on April 2, 2025.
BUSINESS / Markets
Apr 1, 2026
Oil shock from war on Iran unwinds traders’ playbook since Trump’s tariffs
Fallout from the conflict for energy markets and global trade is forcing a shift away from popular, crowded trades that had come to define markets.
A cargo ship in the Gulf, near the Strait of Hormuz, in United Arab Emirates on March 11. So far in March, barely six vessels per day on average have traversed the narrow waterway connecting the Persian Gulf to the world, in either direction. That compares with about 135 a day in normal times, according to ship-tracking data.
WORLD
Mar 31, 2026
Iran’s grip on Strait of Hormuz tighter than ever after first month of war
The near-total closure of the Strait of Hormuz has proved an exceptionally effective asymmetric weapon in Iran’s fight against two of the world’s most powerful countries.
Children watch a tanker at anchor off the coast of Muscat, Oman, on March 18. The Strait of Hormuz is used by roughly a fifth of global oil and liquefied natural gas supply and is currently blocked by Iran, a more formidable adversary than Yemen's Houthis.
WORLD
Mar 25, 2026
Failure to secure Red Sea shipping casts shadow over Strait of Hormuz plan
Absent the strait’s reopening, shortages will become more acute, ‌threatening higher ‌costs for energy, food and numerous other products worldwide.
An employee points at a "sold out" sticker at a used-car export complex in Incheon, South Korea.
BUSINESS / Markets
Mar 25, 2026
Lamborghinis stranded in Sri Lanka as war disrupts Asia’s used-car trade
Japan and South Korea exported a combined $19 billion worth of used cars last year, with Japan accounting for a little ⁠more than half of that.
Fuel price pressures are hitting growers and winemakers at the same time as tariffs imposed by U.S. President Donald Trump.
BUSINESS
Mar 24, 2026
From Indian movies to Italian wine, Trump’s war on Iran to cause pain worldwide
Effects of the conflict are reaching industries that might’ve seemed insulated from the fallout, and that’s unlikely to be reversed quickly.
Investors are starting to focus on shipping assets, as good-quality Japanese-built used vessels command high prices, and transport disruptions due to the Iran war have further boosted valuations of large tankers.
BUSINESS / Companies
Mar 23, 2026
Activists target Japan’s shipping stocks on rising vessel prices
Quality Japanese-built used vessels command high prices, and transport disruptions due to the Iran war have further boosted valuations of large tankers.
Ships from the Japanese Maritime Self Defense Force Minesweeper Division 51 make a port call in Manila in September 2015
JAPAN
Mar 22, 2026
Japan could consider Hormuz minesweeping if ceasefire reached, minister says
Tokyo ⁠has no immediate ​plans to seek arrangements to allow passage through ​the Strait of Hormuz for stranded Japanese vessels, Motegi ​said
An attendant holds a petrol nozzle after refueling a car at a PetroChina gas station in Beijing on March 10.
BUSINESS / Markets
Mar 18, 2026
China’s fuel export ban to further tighten Asia supply
Australia, Bangladesh and the Philippines are ​especially reliant on Chinese fuel supply and will have to cover their needs elsewhere.
Japan triples departure tax in push to combat overtourism
Tourists in Yanaka Ginza, Tokyo, on Wednesday. Japan tripled its International Tourist Tax (departure tax) to ¥3,000 from ¥1,000 on Wednesday for all travelers leaving Japan, regardless of nationality.
More facilities in Japan placing sanitary bins in men’s restrooms
A sanitary bin with an awareness sticker placed in a men's restroom in the Nagasaki Municipal Government building
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
Life inside Japan’s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
‘My dream is broken’: Japan visa rules push out foreign residents
A man orders from a kebab shop in the Okubo district in Tokyo.
Six of the best: rikishi of note in each sumo division
Kazuma (right) faces off against future <i>yokozuna</i> Onosato during the All Japan Amateur Sumo Championships at the Ryogoku Kokugikan in Tokyo in December 2020.
Some startups see opportunity in an aging Japan
Yasmin Baba, CTO of Amilis, wins the Grand Prize at the Pitch2Tokyo Grand Final on Feb. 19.
Japan’s fertility system offers few safe paths for same-sex couples
A Tokyo Pride parade participant holds a sign that says "we want to be a married couple, not a couple."
Life inside Japan’s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
Inside Japan’s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.

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