BTCC / BTCC Square / Cryptopolitan /
Japan’s Shipping Giants Speed Through Strait of Hormuz in High-Stakes Maritime Dash

Japan’s Shipping Giants Speed Through Strait of Hormuz in High-Stakes Maritime Dash

Published:
2025-06-23 08:30:31
9
1

Japan’s shipping firms are racing their vessels through the Strait of Hormuz

Tokyo’s maritime heavyweights are burning bunker fuel at breakneck pace—because when geopolitics flare up, slow boats lose. The Strait of Hormuz becomes a nautical racetrack as Japanese firms play chicken with regional tensions.

Why the rush? Every minute saved dodging tanker traffic equals yen earned—or at least, that’s what shareholders get told between dividend cuts. Meanwhile, Lloyd’s of London underwriters are reaching for the antacids.

Bonus finance jab: If these ships moved as fast as their executives dump stock during crises, we’d have warp-speed commerce.

Shipping companies cut Gulf exposure and increase 24/7 surveillance

A spokesperson for Nippon Yusen said, “We are instructing our vessels to shorten their time in the Persian Gulf whenever possible, depending on their schedules.” He added that decisions on each vessel’s route through the strait WOULD now be made flexibly, depending on current threats.

Meanwhile, a spokesperson for Mitsui O.S.K. Lines, also known as MOL, said their safety operations center in Tokyo has stepped up 24-hour surveillance and support for ships in the area. “We are advising vessels operating in the area to exercise maximum caution and providing them with latest information,” the MOL official said.

Japan is not just watching from the sidelines. On Monday, Foreign Minister Takeshi Iwaya called for an end to the current cycle of violence between Iran and Israel. He described the situation as “extremely regrettable” and warned that further military actions would reduce the chances of restoring any FORM of diplomatic negotiation. Iwaya said, “Japan continues to strongly hope that the path to dialogue will be reopened by efforts toward a resolution of Iran’s nuclear issue through talks between the US and Iran.”

Prime Minister Shigeru Ishiba had already voiced concern earlier in June, following Israel’s first round of airstrikes against Iranian targets. He said that although the strikes were military in nature, they “cannot be absolutely condemned,” signaling that Japan might be trying to walk a fine line diplomatically.

Japan calls for de-escalation while dealing with fragile economy

During a Monday press briefing in Tokyo, Chief Cabinet Secretary Yoshimasa Hayashi was asked about Trump’s latest airstrikes. He said that Japan sees the US position as separate from Israel’s, pointing out that “the US government has been seriously pursuing dialogue, and that even after the exchange of attacks between Israel and Iran began, the US has continued to call for dialogue with Iran.”

The international crisis is hitting at a time when Japan’s economy is already shaky. A private-sector survey released the same day showed that manufacturing activity in the country finally returned to growth in June after almost a year of contraction.

But the numbers aren’t strong. Demand remains weak, especially with global economic uncertainty and lingering fears over US tariffs. The report said that orders from overseas buyers are still falling. And that’s not all.

On the other hand, Japan’s service sector showed better results. The same survey also showed that growth in services picked up speed, driving total business activity to a four-month high.

That improvement is being seen as a temporary cushion for the overall economy, especially since no Japan-US trade deal seems close. But even with that uptick, the manufacturing side is still under pressure.

The final part of the survey made clear that new orders for manufactured goods, including international orders, have kept declining. So while ships are rushing through the Gulf to avoid a conflict, back home Japan is still grinding through a fragile economy that’s barely finding its footing.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users