Step would apply to vessels owned by Japanese companies' overseas subsidiaries
Only 15% of Japan's merchant vessels were registered in the country as of June 2025. (Idemitsu Tanker)
YUKA FURUBAYASHI
October 15, 2026 23:19 JST
TOKYO -- Japan plans to let foreign-flagged ships owned by overseas subsidiaries of domestic companies be treated as Japanese-flagged vessels as early as fiscal 2027, looking to broaden the range of craft it can mobilize during emergencies.