Japan: Imports jump, trade deficit grows

Japan’s trade flows started the fourth quarter on a down note as imports rose nearly 20 per cent from a year ago, easily outpacing exports and expanding the country’s trade deficit far more than expected.

Imports rose 19.9 per cent year on year in October, according to preliminary data from Japan’s Ministry of Finance, close to triple September’s growth of 7 per cent and easily besting a median forecast of 14.5 per cent from economists polled by Reuters.

That growth in inbound shipments also...

http://container-news.com/japan-imports-jump-trade-deficit-grows/

INPEX to open Ichthys LNG onshore facilities

INPEX informed that it opened the onshore LNG processing facilities of Ichthys LNG. This project aims to meet increasing LNG demand in Japan and will contribute to the Australian way of life.

About 70% of the LNG produced by Ichthys LNG will be supplied to Japanese customers. Ichthys LNG also aspires to help meet growing energy demand in the region, while contributing to the Australian way of life.

Moreover, Japanese, Australian and Northern Territory government representatives revealed a plaque...

https://safety4sea.com/inpex-to-open-ichthys-lng-onshore-facilities/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon