Matson Navigation Archives - Maritime Shipping News

FreightWaves Classics: Matson helps provision Alaska, Hawaii, U.S. territories and more

12 July 2021

A Matson containership cruises Hawaiin waters with Honolulu in the background. (Photo: Matson)

Essential supplies of all kinds are carried to Alaska by ship, truck and air, and to Hawaii by air and ship. Matson, Inc., a U.S.-owned and -operated transportation services company, carries tons of supplies to these two U.S. states, U.S. territories and other destinations across the Pacific Ocean. The company is headquartered in Honolulu, Hawaii and is listed on the NYSE (ticker symbol MATX).

Corporate overview

Matson subsidiary Matson Navigation Company, Inc. (MNC) has been a leading Pacific...

https://www.freightwaves.com/news/freightwaves-classics-matson-helps-provision-alaska-hawaii-us-territories-and-more

Career Tracks: World Shipping Council elects CEOs co-chairs

26 November 2020

Rolf Habben Jansen, CEO of Hapag-Lloyd, and Jeremy Nixon, CEO of ONE, have been elected co-chairs of the board of directors of the World Shipping Council (WSC).

The board of directors also announced this week it had welcomed Matson Navigation and X-Press Feeders as new WSC members.

Jansen and Nixon have begun serving a two-year term as co-chairs. They succeeded Ron Widdows, who had served as the WSC chairman for more than a decade and previously announced his intention to step down once a...

https://s29755.pcdn.co/news/auto-draft

Ship robberies in Manila increase due to pandemic says ReCAAP ISC

20 October 2020

The Covid-19 pandemic has meant that the incidences of robberies at sea have become more frequent in the Philippines, which is the largest source of seafarers.

Two container ships were robbed while at anchor in the Philippines in September, according to the Regional Co-operation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP ISC), which has released latest piracy and sea robbery statistics.

During January-September 2020, 13 incidents were reported at Filipino ports,...

https://container-news.com/ship-robberies-in-manila-increase-due-to-pandemic-says-recaap-isc/

Expedited trans-Pacific LCL filling a growing niche

3 August 2020

Major ocean freight consolidators in the U.S. market see no shortage in demand for expedited less-than-container load (LCL) service requests from freight forwarders during the ongoing global pandemic.

These services promise roughly 12-day port-to-port transits between China’s dominant seaports and Los Angeles and Long Beach in Southern California, compared to mostly standard, monthlong ocean transits for eastbound, trans-Pacific container traffic.

Although expedited LCL services are three to four...

https://www.freightwaves.com/news/expedited-trans-pacific-lcl-filling-a-growing-niche

Hawaii’s Young Brothers seeks rate increase to stay afloat

13 July 2020

Young Brothers said it needs to dramatically increase its shipping rates this summer if it is going to break even financially and keep its services operating through year’s end.

Hawaii’s sole inter-island ocean carrier, which is regulated by the state’s Public Utilities Commission (PUC), said the coronavirus pandemic is already expected to leave it with a loss of $30 million by the end of 2020 at current rate levels.

Even before the state implemented its COVID-19 travel restrictions earlier this...

https://s29755.pcdn.co/news/hawaiis-young-brothers-seeks-rate-increase-to-stay-afloat

More air cargo finds its sea legs during COVID-19

29 May 2020

Escalating airfreight transportation rates and capacity shortages out of China in recent months due to the coronavirus pandemic have led many shippers to try hybrid services that combine sea and air modes.

So-called “sea-air” services offered by some global freight forwarders and non-vessel-operating common carriers (NVOCCs) have been around for decades, but they tend to come and go depending on airfreight market conditions.

https://s29755.pcdn.co/news/more-air-cargo-finds-its-sea-legs-during-covid-19