Pirates wielding rocket-propelled grenades and AK-47s have prompted Japan to ease a samurai-era ban on civilians carrying guns, allowing guards on locally registered oil tankers to be armed for the first time.
Sempra Energy, Mitsui & Co., Mitsubishi Corp., Nippon Yusen K.K. and GDF Suez are seeking as much as $5 billion in loans from commercial banks for their Cameron LNG project, people familiar with the matter said.
Japanese stocks rose for a second day on lower-than-average trading volume, with the Topix index extending a three-week high, before the U.S. releases jobs data that was delayed by the government shutdown.
Freight traders are hiring record numbers of iron-ore carriers in the spot market as Chinese steel production expands at the fastest pace in three years, spurring the biggest rally in shipping rates since 2009.
Nippon Yusen K.K., Japan’s largest shipping line, said development of deep-sea Brazilian oil and Australian gas will boost drill-ship and shuttle-tanker demand, helping the energy business post its first annual profit.