Middle East tensions disrupt maritime transport to Japan
The U.S.-Israeli attacks on Iran have paralyzed maritime shipping between the Middle East and Japan, disrupting both imports to and exports from the country.Ocean Network Express, a container shipping company jointly owned by Japan's Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha, has stopped accepting bookings for new cargo to and from the Persian Gulf.The impact of the shipping freeze is spreading, with some Japanese automakers considering cutting production due to stalled exports.