Suez Canal Crisis 2021: Long-term Impact on Global Supply Chains and Rising Freight Rates

Suez Canal Crisis 2021: Long-term Impact on Global Supply Chains and Rising Freight Rates

The Suez Canal disruption in 2021, when the Ever Given became stuck for just six days, had a significant impact on global supply chains. The current crisis has already lasted significantly longer. Bypassing the Red Sea will therefore inevitably lead to disruptions in the supply chains. Companies waiting for goods from East Asia should urgently … Read more

Shigeru Ishiba’s View on the Future of Japanese Railways and Transportation Policy

Shigeru Ishiba’s View on the Future of Japanese Railways and Transportation Policy

The Ministry of Land, Infrastructure, Transport and Tourism is in charge of railways, and “steel geeks” such as Seiji Maehara, a member of the House of Representatives, have once held the top position. The same goes for current House of Representatives member Tetsuo Saito. Shigeru Ishiba, former secretary-general of the Liberal Democratic Party, held positions … Read more

Massive Seabed Rise Along Coast of Suzu City, Ishikawa Prefecture After 7.6 Earthquake

Massive Seabed Rise Along Coast of Suzu City, Ishikawa Prefecture After 7.6 Earthquake

The earthquake caused the overall seabed to rise along the coast of Suzu City, Ishikawa Prefecture. (Photo/Dazhi/Associated Press) [周刊王CTWANT] A magnitude 7.6 earthquake occurred in the Noto area of ​​Ishikawa Prefecture, Japan on the 1st. It is currently confirmed that 126 people have died and 210 people are missing. According to a survey by the … Read more