Economy
Fishery had long been the main economic activity on the Sea of Japan. It is mainly carried out on and near the continental shelves and focuses on herring, sardines and bluefin tuna. These species are however depleted from after World War II. Squid is mostly caught near the sea center and salmon near the northern and southwestern shores. There is also a well-developed seaweed production. The importance of the fishery in the sea is illustrated by the territorial disputes between Japan and South Korea over Liancourt Rocks and between Japan and Russia over the Kuril Islands. It is also reflected in various legends, such as the legend of the Heishi rock, which says that once when herring vanished, an old fairy threw a bottle with a magic water into the sea, and the herring returned. The bottle got stuck to the seabed and turned into a rock, which became a representation of the God of the Sea of Japan.
Vladivostok is a base for the Russian whaling fleet. Although it operates in the northern seas, its production is processed and partly distributed in the Vladivostok area. Vladivostok is also a terminal point of the Trans-Siberian Railway which brings much goods to and from this major port. There is a regular ferry service across the Strait of Tartary between the Russian continental port of Vanino and Kholmsk in Sakhalin.
The sea has magnetite sands as well as natural gas and petroleum fields near the northern part of Japan and Sakhalin Island. The intensity of shipments across the sea is moderate, owing to the cold relations between many bordering countries. As a result, the largest Japanese ports are located on the Pacific coast, and the significant ports on the Sea of Japan are Niigata, Tsuruta and Maizuru. Major South Korean ports are Busan, Ulsan, and Pohang situated on the southeastern coast of the Korean Peninsula, but they also mainly target countries not bordering the Sea of Japan. The major Russian port of Vladivostok mainly serves inland cargos, whereas Nakhodka and Vostochny are more international and have a busy exchange with Japan and South Korea. Other prominent Russian ports are Sovetskaya Gavan, Alexandrovsk-Sakhalinsky and Kholmsk, and the major ports of North Korea are Wonsan, Hamhung and Chongjin. The intensity of shipments across the Sea of Japan is steadily increasing as a result of the growth of East Asian economies.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (18171862)