Maritime Decarbonisation: Japan pushed softer IMO fuel-intensity (GFI) targets for ships from 2030 onward and floated replacing the IMO Net-Zero Fund with a “direct contribution” approach at MEPC 85, aiming to ease the reduction curve while keeping near-term 2028–2029 steps unchanged. Energy Security & Shipping: With the Strait of Hormuz disrupted again amid renewed Iran–US tensions, LNG and natural gas prices jumped; analysts also flagged constrained tanker flows and higher premiums as Europe and Asia compete for supply. Climate Resilience for Industry: Japan is rethinking stadium design as extreme heat and downpours drive renewed interest in dome ballparks, with Chiba and the Marines planning a new roofed venue around 2034. Disaster Impact: Typhoon Dolphin battered Japan’s Okinawa, injuring six and knocking out power to tens of thousands of buildings, while China shut ports and halted ferries ahead of landfall. Finance & FX: UBS said another sharp yen surge like 2024 is unlikely while US rates stay high, with the dollar expected to hover around the mid-150s yen. Business & Tech: Japan’s FSA tightened crypto exchange rules on fraud and cybersecurity, while Starlink’s planned direct-to-phone push signals intensifying competition for mobile connectivity.