Japan Ports Struggle to Attract Container Ships

Monday, October 01, 2007
Japan is taking steps to attract more container ships to its shores, driven by concerns that the waning fortune of its ports could hurt the country’s economy and industries, according to a Reuters report. Over the past decade, an increasing amount of goods from Japan have been sent to a neighboring Asian trans-shipment hub, such as the South Korean port of Pusan, instead of being shipped directly to their destination, adding to time and costs. Ken Abe, a deputy director at Japan’s Ministry of Land, Infrastructure and Transport, said given Japan’s expensive distribution costs, the move made sense if goods were being moved from areas on the coast facing South Korea. Trans-shipment of goods from Japan rose to 15.5 percent in 2003, up from 2.1 percent in 1993, official data showed. Alarmed by the situation, Japan in 2004 launched a long-term project to expand and improve port efficiency. Japan has about 60 container ports but the project, according to industry sources, calls for concentrating on three regional ports. These are Tokyo-Yokohama, Nagoya-Yokkaichi and Osaka-Kobe, with some $452.4m earmarked for the year ending March 31, 2008 alone for improvement measures, up 37.5 percent year-on-year. [Source: Reuters]
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Evergreen Enhances UK and Ireland Services

Global container carrier Evergreen Line announced enhancements to its services to/from Dublin (Ireland) and Liverpool (Northwest England). From its hub in Rotterdam,

SCI Publishes Shore Leave Survey

With Maritime Labor Convention (MLC), 2006 in force, one might expect to see a reduction in the number of seafarers without visas; yet, recent data collected by

Cummins Reports Revenue Jump in Q2 2014

Cummins Inc. reported its results for the second quarter of 2014. According to the report, second quarter revenue of $4.8 billion increased 7 percent from the same quarter in 2013.

Ports

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

Location of New Port Expansion Projects: Analysis

When it comes to port development, many governments now favour letting the market decide where expansion should take place, whereas most other transport infrastructure,

GAC North America Passes the Helm to Schensema

GAC says it  has moved Claus Schensema to Houston, Texas, where he will take up the post of Managing Director of GAC North America Logistics. Schensema brings

 
 
Maritime Contracts Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2680 sec (4 req/sec)