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)
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.
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