matson – Pacific Maritime Magazine

08 Oct

Construction Begins on New Matson Container Vessel

Karen Robes MeeksNews, News Briefs, PMM Online Newsghg, matson, shipbuilding

Construction has officially started on the first of a trio of new Matson, Inc. containerships that are expected to operate its Hawaii and China-Long Beach Express (CLX) services, the Honolulu-based transportation services company said Sept. 30. Officials marked the occasion at the Philly Shipyard in Pennsylvania, where the Jones Act-compliant vessels are being built under a $1 billion investment by Matson. Anticipated for delivery in 2026 and 2027, the 854-foot-long vessels are expected to mirror the company’s two current “Aloha Class” ships, Daniel K. Inouye and Kamina Hila, also constructed at Philly Shipyard, which went into service in 2018 and…

05 Dec

SSA, Matson Unveil New Fleet of Electric Yard Tractors at Long Beach Port

Karen Robes MeeksNews, News Briefs, PMM Online Newsmatson, polb, ssa, yardtractors

SSA Terminals, an SSA Marine and Matson Navigation Co. joint venture, has introduced 33 new battery-electric yard tractors at the Port of Long Beach, the biggest deployment of its type on the West Coast, the port announced Nov. 30. The new tractors, which replaced older versions that ran on gas and diesel, were funded in part by $50 million from the California Air Resources Board for the Sustainable Terminals Accelerating Regional Transformation. SSA Terminals said that it worked with developers to create equipment and infrastructure that could keep up with demands of moving cargo in Long Beach. SSA Terminals also…

15 Aug

Matson Assists in Maui Wildfire Crisis

Karen Robes MeeksNews, News Briefs, PMM Online Newshawaii, matson, wildfires

Matson Inc. is moving to help emergency agencies responding to the Maui wildfire that has so far killed nearly 100 people. The Honolulu-based company said Aug. 10 that it’s prioritizing emergency equipment and supply shipments to the area, chartering an extra barge for stand-by emergencies. This past weekend, Matson’s barge Columbia carried supplies from Honolulu to Maui for the Federal Emergency Management Administration and the Hawaii Food Industry Association. The provisions included 32 large generators, four 40-foot containers of bottled water, three 40-foot refrigerated containers – two filled with perishable food and one with ice, the company said in an…

25 Apr

Matson Expecting Improved Trade During 2nd Half of Year

Karen Robes MeeksNews, News Briefs, PMM Online Newslogistics, matson

The ocean transportation and logistics business segments for Hawaii-based shipping company Matson performed well despite being down from the high level pandemic-driven demand of the last two years, company Chairman and Chief Executive Officer Matt Cox said April 19. “Within ocean transportation, our China service generated lower year-over-year volume and freight rates, which were the primary contributors to the year-over-year decline in our consolidated operating income,” he said. In the first quarter, retail consumers managed their inventories more conservatively in the backdrop of weakening consumer demand, rising interest rates and economic uncertainty, he said. “As such, we expect our CLX…

04 Nov

Matson To Receive Three Newbuilds from Philly Shipyard

Karen Robes MeeksNews, News Briefs, PMM Online Newsclx, matson, phillyshipyard

Three more Matson Inc. containerships are expected to be built within the next five years, after the Honolulu-based shipping company announced Nov. 2 that its subsidiary, Matson Navigation has inked agreements with Philly Shipyard Inc. for construction of a trio of 3,600-TEU Aloha Class container vessels for ships for about $1 billion. Philly Shipyard is East Coast builder that constructed Matson’s two other 854-foot Aloha Class vessels, which came into service in 2018 and 2019. Philly Shipyard also built four Jones Act containerships for Matson between 2003 and 2006, the company said. “Our existing Aloha Class ships are among the…

05 Aug

Matson Releases Sustainability Report

Karen Robes MeeksNews, News Briefs, PMM Online Newsmatson, sustainability

In its new 2021 Sustainability Report, Honolulu-based marine cargo carrier Matson, Inc. detailed its strides to invest and practice in a more environmentally mindful way while serving its communities, customers and employees. The July 25 report also includes Matson’s “strategic approach and how it measures progress and celebrates key achievements,” according to the company. The report also highlights its $4.2 million investment in community support, a 19% uptick over 2020. Over 560 community groups benefited from company funding and services, directing it towards environmental conservation, food banks and social equity programs. The report includes Matson’s goal to reach net zero…

03 May

Matson Announces Initial Q1 Earnings

Karen Robes MeeksNews, News Briefs, PMM Online Newsearnings, matson, operatingincome

Honolulu-based Matson Inc. expects the first quarter operating income for its ocean transportation business to be $410-to-$415 million and the operating income for its logistics business to be $16-to-$17 million, with Q1 2022 net income anticipated to be $329.5-to-$338 million, according to the company. Ahead of the company’s May 3 first quarter earnings call, Matson’s CEO said the company is off to a solid start this year with higher year-over-year operating income in ocean transportation and logistics. "Within ocean transportation, our China service continued to see significant demand for its expedited ocean services as volume for e-commerce, garments and other…

08 Apr

Matson Inc. Announces New Leadership Roles

Karen Robes MeeksNews, PMM Online Newshawaii, matson

Honolulu-based Matson has announced that five employees will take on new leadership roles within the company. Vic Angoco, Matson’s senior vice president, Pacific, will become senior vice president, Alaska, starting on July 1. He will take over for Bal Dreyfus, who is retiring. Angoco, who will be based in Anchorage, currently oversees the company’s Hawaii, Guam, Micronesia and South Pacific operations and brings 32 years of maritime experience. He started with Matson in 1996 as operations manager on Guam, before moving on to various leadership roles in Guam and Hawaii. “As difficult as it is to replace an executive with…