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Finance & Markets

ISM coasters and mini bulkers – Week 35

In the USG, demand for Supramax/Ultramax tonnage is gradually picking up this week. While owners are attempting to push rates higher Source: International Seaborne Market

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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NYK to Acquire Full Ownership of YJK Solutions

NYK has reached an agreement with Fujitsu Limited to acquire all shares of YJK Solutions Co., Ltd. (YJK) held by Fujitsu, making YJK a wholly owned subsidiary of NYK (the “Transaction”).

  • NYK acquires full ownership of YJK Solutions from Fujitsu.
  • Acquisition set to close on October 1, 2026.
  • NYK aims to integrate YJK's IT strategy with its own.

Contecon Manzanillo opens the port to ultra large container ships

Contecon Manzanillo S.A. de C.V. (CMSA), International Container Terminal Services, Inc.’s (ICTSI) Mexican unit, has paved the way for the Port of Manzanillo to accommodate ultra large container…

  • Contecon Manzanillo expands port capacity for ultra large container ships.
  • Terminal now handles ships up to 15.5 meters draft, 400 meters in length.
  • Approval follows dredging works to support deeper-draft vessels.

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