Politics and Economy

204 Articles in this topic
Society

Japan's Shipbuilding Revival: Doubling Capacity by 2035, With Ammonia Engines and Marine Electronics as the Edge

Japan, where 99.6% of trade moves by sea, is trying to rebuild its shipbuilding industry. The Takaichi government is putting $6.5 billion of public and private money into doubling capacity by 2035. From Mitsui E&S's world-first ammonia-fueled engine to Furuno Electric's 43% global share in marine radar, and the frigate export to Australia that was formally contracted in April 2026, here is where Japanese shipbuilding stands against China and South Korea.

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Society

Lab-Grown Diamonds: The Next Rare Earth Crisis? Japan's $36B US Investment Gamble Explained

Japan and the US have agreed on the first tranche of a massive $550 billion investment plan, including a $600 million lab-grown diamond factory in Georgia. With China controlling over 60% of global production, synthetic diamonds are being called "the next rare earth." But with a controversial profit-sharing deal, is this a smart bet or a high-risk, low-return gamble for Japan?

Society

Japan's Shipbuilding Revival: A $6.5 Billion Plan to Double Output by 2035

Japan once built 40% of the world's ships and now builds 8%. The government's Shipbuilding Revival Roadmap puts about 1 trillion yen ($6.5 billion) of public and private money behind doubling annual capacity to 18 million gross tons by 2035. Imabari's takeover of JMU, the signed frigate contract with Australia, and US-Japan cooperation, alongside the labor and scale problems that could stall all of it.

Society

Nuclear Ship to Ocean Research Vessel: How Japan's First Atomic Ship "Mutsu" Was Reborn as the World-Class Research Ship "Mirai"

Japan's first nuclear-powered ship "Mutsu," launched in 1969, was plagued by a radiation leak incident and fierce public opposition. Yet engineers cut the hull apart, removed the reactor, and spent roughly $1.3 billion (in today's value) transforming it into "Mirai" — one of the world's largest ocean research vessels. Over 28 years, Mirai sailed 2.3 million km (58 trips around Earth), pioneered Arctic research, and even surveyed Fukushima's nuclear contamination. Retired in December 2025, its story of dramatic reinvention now passes the torch to the icebreaking successor "Mirai II."