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Japan & Korea

109 published stories

South Korea Launches $3.52B Semiconductor Fund, Samsung Rises 6.7%
Japan & Korea Supply Chain

South Korea Launches $3.52B Semiconductor Fund, Samsung Rises 6.7%

On September 23, 2026, South Korean President Lee Jae-myung announced a plan to double semiconductor production and secure the AI supply chain, unveiled at the Korea Investment Summit in New York. The government launched a ₩5 trillion ($3.52 billion) semiconductor fund and another ₩5 trillion for trade financing. Samsung Electronics surged 6.7% amid the announcement; its $1.38 trillion market cap reflects 70% revenue dependence on semiconductors and mobile devices. SMCI, with a $27.22 billion valuation, stands to benefit from rising AI server demand. The June 29, 2026 investment plan underscores South Korea’s strategic pivot toward technological sovereignty.

Bangkokmax Charter Rates Rise 18% to $32,000/Day Amid Vessel Shortage
Disruptions

Bangkokmax Charter Rates Rise 18% to $32,000/Day Amid Vessel Shortage

Bangkokmax charter rates have surged 18% year-on-year to nearly $32,000 per day amid a severe vessel shortage, with only three new ships delivered in 2026 following minimal newbuilding orders since 2023. Resale prices range from $35m to $45m, and recent charters include CMA CGM’s $34,000/day fixture for the 1,740 TEU Elbella. Linerlytica reports the Bangkokmax orderbook now totals 252 vessels, including eight 1,900 TEU ships ordered by Hong Kong’s Moon Keung Shipping for 2028–2029 delivery. The shortage is projected to continue through the first half of 2027, with just 12 additional vessels scheduled for delivery this year.

Kuehne+Nagel lands Amazon data center logistics mandate
Technology

Kuehne+Nagel lands Amazon data center logistics mandate

Kuehne+Nagel has secured the global logistics mandate for Amazon’s data center expansion, covering transportation, customs, warehousing, and installation support across the US, EU, and Japan-Korea. The contract governs shipments for 2026 and 2027 deployments, with operations at 5 strategic hubs and $42 million in annual logistics spend. Digital integration via KN Login ensures 99.8% on-time delivery and supports Amazon’s projected 37% increase in new facility openings through 2027.

South Korea, Africa Pledge AI Partnership to Boost GDP by $1 Trillion
AI & Automation

South Korea, Africa Pledge AI Partnership to Boost GDP by $1 Trillion

South Korea and African nations launched a Joint Declaration and Action Plan on 9 September 2026 to expand AI and digital cooperation, aiming to contribute up to $1 trillion to Africa’s GDP by 2035. The initiative emerged from the 8th KOAFEC Ministerial Conference (8–11 September), marking 20 years of the Korea-Africa Economic Cooperation Trust Fund. African Development Bank Group President Dr Sidi Ould Tah stressed Africa’s youthful population as its top AI asset and advocated moving beyond raw-material exports to local industrial manufacturing. Deputy Prime Minister Koo Yun-cheol reaffirmed Korea’s commitment to AI collaboration across health, agriculture, and governance.

Vietnam Exporters Adapt to Japan’s 80% Chlorothalonil MRL Cut
Southeast Asia Supply Chain

Vietnam Exporters Adapt to Japan’s 80% Chlorothalonil MRL Cut

Vietnamese exporters are adapting to tightening global food safety rules, including Japan’s proposed 80% cut in chlorothalonil MRL on ginger (to 0.01 mg/kg) and a 97.5% boscalid reduction. New EU import regulations take effect August 12, 2026, demanding granular traceability. Companies like An Hai Seafood (42% U.S., 20–25% EU sales) and Minh Phu Seafood (targeting 70–80% automation) are scaling farm-level oversight, cross-border certifications, and robotics to retain orders. Industry leaders urge policy shifts toward pre-market capacity support for SMEs.

HMM launches 22 intra-Asia vessels, expands Thailand routes
Warehousing & Transport

HMM launches 22 intra-Asia vessels, expands Thailand routes

South Korea’s HMM is expanding aggressively into the intra-Asia container shipping market, acquiring two 1,956-teu vessels from Baozhou Shipping for delivery in October 2026 and January 2027. It plans to add 22 new vessels (1,800–2,800 teu) from 2028 onward, targeting Thailand’s Laem Chabang port — whose volumes rose 7% year-on-year to 10.15 million teu in 2025. The move responds to China’s 'China Plus One' manufacturing shift and intensifies competition with Korean peers like Dongjin Shipping and Namsung Shipping operating dense regional networks across Southeast Asia.

Maersk tops intra-Asia capacity with 340,000 TEU
Manufacturing

Maersk tops intra-Asia capacity with 340,000 TEU

Maersk has overtaken Cosco Shipping to become the largest container shipping line in the intra-Asia market, with deployed capacity exceeding 340,000 TEU as of mid-August 2026. The intra-Asia fleet grew 6.2% year on year to nearly 2.6 million TEU — outpacing global fleet growth of over 5%. Mainline operators control 63% of capacity despite fewer ships, leveraging larger vessels averaging 2,699 TEU versus regional carriers’ 1,338 TEU. Cosco’s capacity rose by just 500 TEU, while CMA CGM added 15,000 TEU and Gold Star Line expanded 72% (11,000 TEU). Fleet age averages 12 years, ranging from TS Lines’ six-year fleet to MSC’s 21-year fleet.

Taiwan, EU Strengthen Chip Ties Amid Supply Chain Resilience Push
Disruptions

Taiwan, EU Strengthen Chip Ties Amid Supply Chain Resilience Push

Taiwan and Europe are intensifying semiconductor cooperation to bolster supply chain resilience amid geopolitical strain and pandemic-related vulnerabilities. At the third Taiwan-Europe Chip Innovation Forum in Antwerp on September 9–10, Wu Cheng-wen of Taiwan’s National Science and Technology Council underscored shared democratic goals for secure supply networks. The second EU-Taiwan Semiconductor Industry Dialogue convened in Taipei on August 31, 2026, aligning Taiwan’s foundry and packaging strengths with Europe’s equipment and IP ambitions. A May 2026 Istituto Affari Internazionali report proposed early-warning systems and EDA software autonomy. Talent programs span the Czech Republic, Poland, and Germany, while TSMC’s Dresden investment anchors broader European supply-chain development.

Intra-Asia freight rates rise 9% to $1,312 amid typhoon port delays
Manufacturing

Intra-Asia freight rates rise 9% to $1,312 amid typhoon port delays

Intra-Asia freight rates rose for the fifth straight week, with the Drewry Intra-Asia Container Index climbing 9% to $1,312 per 40ft on 3 September. Typhoon Saudel closed Shanghai and Ningbo ports from 26–28 August, pushing average waiting times to 98 hours in Shanghai and 54 hours in Ningbo. Key route rates surged: Shanghai–Busan up 30% to $925, Shanghai–Laem Chabang up 28% to $1,310, and Shanghai–Jebel Ali up 6% to $8,254. The Shanghai Containerised Freight Index showed Shanghai–South-east Asia up 12% to $893 per teu on 4 September. Bunker prices rose $30 (VLSFO) and $50 (HSFO), adding cost pressure.

AI Hardware Boom Lifts Taiwan Exports 61.9% to $97.94bn
AI & Automation

AI Hardware Boom Lifts Taiwan Exports 61.9% to $97.94bn

Asia's air cargo export market is splitting into two speeds ahead of peak season: AI hardware demand is lifting transpacific flows, while new EU import rules are depressing Asia–Europe volumes. Taiwan's July export orders hit $97.94bn — up 61.9% YoY — driven by 88.9% growth in US-bound orders and 89.5% growth in ICT products. China/Hong Kong–US air cargo rose 13% YoY in August, versus a 14% decline to Europe. Fuel surcharges climbed sharply, with Cathay Pacific's HK-based charge rising to HK$11.20/kg. Carriers including Afcom Holdings and Ethiopian Airlines are expanding freighter fleets, while FedEx and DHL reintroduce older aircraft types.

Japan Cuts Comic IP Supply Chain Leakage to $5 from $100
Southeast Asia Supply Chain

Japan Cuts Comic IP Supply Chain Leakage to $5 from $100

Japan’s comic and anime IP supply chain is being restructured to curb massive value leakage: from a $100 U.S. figurine, only $5–$10 historically returned to creators. With the global anime merchandise market projected to reach $24 billion by 2033, Marubeni and Shogakukan formed MAG.NET Corporation to supply official products directly to 280 U.S. retailers. AI-driven design validation cuts licensing approval from months to days, while Shueisha’s Jump TOON platform offers creators 10%–15% of net profits — up from legacy print-only royalties.

Container ship orders near 40% of global fleet capacity
Warehousing & Transport

Container ship orders near 40% of global fleet capacity

The global containership orderbook totals 13.1 million TEUs — 38.7% of the 33.8 million TEU operating fleet — signaling near-future oversupply risks. With 55.2% of new orders for vessels 10,000 TEUs and larger, and fleet growth projected at 4.2% in 2026 versus 3–4% container trade growth, rate pressure looms. Red Sea diversions have absorbed 2 million TEUs/year since 2023, while Global Ship Lease ordered 15 mid-sized vessels for delivery 2028–2030. China led Q2 2026 newbuilding with just 10 orders going to South Korea.

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