The Port Journal

India raises regular fuel prices for 1st time in 4 years on Iran war

admin — Fri, 15 May 2026 10:25:41 +0000

Energy

Prices were unchanged in March and April even as global crude prices shot up

Newly increased fuel prices are displayed at a petrol pump in Malvan, India, on May 15. © Reuters

MUMBAI — Indian drivers on Friday morning encountered higher prices for regular gasoline and diesel for the first time in four years as government-owned oil retailers began partially passing on their rising crude oil bills.

Guarujá offers 350 places for a free port logistics course: Registration ends this Friday

admin — Thu, 14 May 2026 18:58:00 +0000

Envato – https://elements.envato.com/

Guarujá opened 350 places for the first class of the free port logistics training course. Registration opened this Thursday (14) and will continue until Friday (15), being carried out at the Social Solidarity Fund (FSS), located at Rua Cavalheiro Nami Jafet, 549 – Centro, from 10am to 4pm.

The training will begin next Wednesday (20), and will be held from 8 am to 5 pm at the Procópio Ferreira Theater (Avenida Dom Pedro I, 350 – Jardim Tejereba). The course will last quickly and will be exclusive to residents of Guarujá.

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To participate, you must be over 16 years old and have completed primary education. When registering, interested parties must bring a photo ID, proof of residence and a liter of milk or oil, which will be donated to the Social Fund.

In addition to the training on May 20th, three other editions of the course are already scheduled for June 18th, July 15th and August 19th. Coordination is the responsibility of the secretariats of Port and Airport Affairs (Seport), Entrepreneurship, Micro and Small Businesses (Semep) and FSS of Guarujá.

The initiative is part of the Motivar Program, in partnership with the JTLOG group and companies in the port and retroport segment, aiming to qualify residents for the job market in the area.

According to the mayor of the municipality, Farid Madi, this is just the beginning of preparing residents for the expansion of the job market in the port area in Guarujá. “This training is an opportunity to enhance the qualifications of residents and guarantee more job creation at the port, with fully prepared professionals”, he stated.

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US startup Axiom Space to set up Japan unit with astronaut at helm

admin — Thu, 14 May 2026 15:39:18 +0000

A rendering of the Axiom Station planned by Axiom Space. (Axiom Space)

TOKYO — U.S.-based space startup Axiom Space will set up a local arm in Japan in July to boost collaboration with Japanese companies, aiming to promote commercial use of low Earth orbit.

Japan ride-hailing app Go to launch Tokyo market’s largest IPO this year

admin — Thu, 14 May 2026 14:43:47 +0000

IPO

Company expected to be valued at $1bn in planned June offering

A taxi with an advertisement for hailing app Go. The company launched its ride-hailing service in 2020. (Photo by Takeshi Hashimoto)

TOKYO — Tokyo-based taxi-hailing app operator Go said Thursday it has received approval from the Tokyo Stock Exchange for an initial public offering.

Andreessen Horowitz to open Japan office by summer, co-founder tells Takaichi

admin — Thu, 14 May 2026 14:21:00 +0000

Startups

Silicon Valley venture capital giant looks to support Japan’s defense startups

Andreessen Horowitz co-founder Ben Horowitz, left, met with Japanese Prime Minister Sanae Takaichi and Deputy Chief Cabinet Secretary Kei Sato in Tokyo on May 14. (Photo by Ken Suzuki)

TOKYO — Andreessen Horowitz co-founder Ben Horowitz has told Japanese Prime Minister Sanae Takaichi that the California-based venture capital giant plans to open a Tokyo office by summer to expand investment in Japanese startups.

Omron’s AI unit hunts for rare diseases in data on 50m Japanese patients

admin — Thu, 14 May 2026 13:11:54 +0000

Artificial intelligence

Company’s work aims to find enough participants for clinical trials for overlooked illnesses

JMDC employees discuss the use of medical data. (Photo by Yuta Maeda)

TOKYO — A healthcare data subsidiary of Japanese medical device maker Omron is unleashing artificial intelligence on a huge trove of patient data in hopes of finding rare-disease clusters large enough to help unlock new treatments.

Japan’s Miki House kidswear finds right fit in US luxury market

admin — Thu, 14 May 2026 12:45:19 +0000

Retail

Clothing brand goes above high end at posh Plaza Hotel store in New York

Social media posts from guests at New York’s Plaza Hotel have helped spread Miki House’s ultrahigh-end image. (Photo by Mari Sarai)

NEW YORK — Japan’s Miki House is making a name for itself with high-end children’s clothing in the U.S. thanks to carefully chosen store locations and an emphasis on quality at any cost.

Singapore Airlines expects ‘full impact’ of fuel cost in fiscal 2026-27

admin — Thu, 14 May 2026 12:39:44 +0000

Transportation

Thai Airways’ Q1 profit up 3%, says it will shift focus to low-risk markets

Thai Airways and Singapore Airlines are among Southeast Asia’s biggest carriers, all of which must are contend with a doubling in the cost of jet fuel this year because of the war in Iran. (Photos by Ken Kobayashi)

KENTARO TAKEDA and APORNRATH PHOONPHONGPHIPHAT

May 14, 2026 13:40 JST

Updated on May 14, 2026 21:39 JST

SINGAPORE/BANGKOK — Singapore Airlines said on Thursday that the financial impact of higher fuel prices will be reflected in the current fiscal year ending March 2027, and that adjusting air fares alone will not fully offset the rising costs.

Xi warns Trump that handling Taiwan issue ‘poorly’ risks a ‘clash’

admin — Thu, 14 May 2026 09:54:43 +0000

Trump-Xi Summit

Leaders discuss Chinese investment in US, purchases of American oil: White House

U.S. President Donald Trump shakes hands with Chinese leader Xi Jinping as the two begin a bilateral meeting in Beijing on May 14. © Reuters

WATARU SUZUKI

May 14, 2026 11:06 JST

Updated on May 14, 2026 18:54 JST

SHANGHAI — Chinese President Xi Jinping issued a warning about Taiwan to U.S. President Donald Trump in Beijing on Thursday, as the leaders kicked off two days of meetings and festivities aimed at showcasing the stability of the rival powers’ relationship.

Honda scales back aggressive EV push, overhauling fundamental strategy

admin — Thu, 14 May 2026 09:16:32 +0000

Automobiles

Company aims to rebound to net profit in FY26 despite massive EV-related losses

Honda Motor has been forced to scale back its aggressive EV strategy, set in 2021 under President Toshihiro Mibe’s leadership, due to a changing business environment. © Getty Images

YURIKA YONEDA

May 14, 2026 13:44 JST

Updated on May 14, 2026 18:16 JST

TOKYO — Honda Motor said on Thursday that it expects net profit of 260 billion yen ($1.65 billion) in the fiscal year ending March 2027, aiming to return to the black despite ongoing challenges, while announcing its first net loss since listing for the previous year due to electric vehicle-related losses.