US MARAD announces millions of dollars in maritime infrastructure funding
The US Department of Transportation’s Maritime Administration revealed $489 million in funding on March 26 to enhance port infrastructure and maritime capabilities across the country. Internal Pages – Super (728×90) – Position 14 This investment aims to modernise operations at more than 300 ports operated by states, municipalities, and private corporations. Transportation Secretary Sean P. […]
Steep fuel bills force half of Dutch fishing fleet to stay ashore
The fishing industry is emerging as an early European casualty of soaring diesel costs amid the Iran war, with at least half the Dutch fleet staying in port this week, according to industry representatives. Internal Pages – Super (728×90) – Position 14 The pressure is most acute in the Netherlands because of an outsized number […]
DP World and Rosatom to launch logistics venture in Russia
Russia’s state nuclear giant Rosatom said on Friday that it has agreed with UAE-based port operator DP World to set up a joint venture in logistics. Internal Pages – Super (728×90) – Position 14 Rosatom, which builds nuclear projects in Russia and abroad and also owns transport assets in Russia, will hold 51 per cent […]
Kazakhstan says no impact on its oil exports from Ust-Luga attack
Kazakhstan’s energy ministry said on Friday that the attack on Russia’s Ust-Luga Baltic port, a major export terminal, had not affected Kazakhstan’s oil exports, adding that flows were operating normally. Internal Pages – Super (728×90) – Position 14 The ministry said it continued to monitor the situation. The Ust-Luga complex’s three processing units, each with […]
CSSC Offshore and Marine Engineering reports 2025 profit surge
CSSC Offshore and Marine Engineering (COMEC) reported a net profit of CNY1.01 billion ($144 million) for the 2025 financial year, representing a 167.26 per cent increase compared to the previous year. Internal Pages – Super (728×90) – Position 14 This performance was supported by the delivery of 39 vessels totalling 1.1153 million DWT, according to […]
West African crude stays home as sellers wait for higher bids
West African crude oil trade for April-loading cargoes has slowed, despite shortages caused by the Iran war, as sellers reserve barrels for their own refineries unless particularly high bids emerge, four crude traders told Reuters. Internal Pages – Super (728×90) – Position 14 The unusual development is another sign of how the US-Israeli war against […]
OpenAI chairman warns firms to evolve with the ‘death of SaaS’ or wither
OpenAI Chairman and Sierra CEO Bret Taylor called Japan a crucial market for consumer support. (Photo by Rei Nakafuji) MIKA MIZOBUCHI and REI NAKAFUJI NEW YORK/SAN FRANCISCO — Companies that cannot accept new technology like artificial intelligence will face a difficult future, said Bret Taylor, CEO of U.S. AI agent startup Sierra and chairman of the […]
Japan eyewear chain Jins to open AI-equipped flagship store in central Tokyo
Companies Data accumulated by recommendation system will help company’s Southeast Asia push Jins new Ginza flagship store in Tokyo will serve its overseas expansion by collecting data on overseas customers. (Photo by Shohei Kanaya) TOKYO — Japanese eyewear chain operator Jins Holdings is opening a flagship location in Tokyo’s upscale Ginza district, equipped with a […]
Tokyo ‘smartly’ addresses lack of trash cans amid overtourism concerns
Travel & Leisure Akihabara to get automated bins, Shibuya to fine shops without receptacles Pedestrians cross the famous “scramble” intersection in Tokyo’s Shibuya district on March 24. Tourists say that a shortage of public trash cans in Japan is a headache. (Photo by Satoko Kawasaki) RIKU TAZAKI and KOHEI TAKAHASHI TOKYO — The Tokyo Metropolitan Government and […]
Japan to stop accepting foreign restaurant workers as visas approach cap
The food services industry had 42,396 people on specified skilled worker visas as of November 2025. (Photo by Mizuho Miyazaki) TOKYO — Japan will no longer receive foreigners to work in food services next month as it nears the immigration cap for such workers, the government said Friday, a move that has sparked panic among […]