The three 3,600 TEU LNG-fueled Aloha class containerships on order at Philly Shipyard for Honolulu-headquartered Matson Navigation will feature Kongsberg Maritime hybrid electrical systems. At 260 meters (854 feet) long, the Aloha-class vessels are the largest Jones Act containerships ever built. Being built to operate on Matson’s China-Long Beach Express (CLX) service, the vessels are designed to operate at speeds in excess of 23 knots in support of Matson’s service hallmark – timely delivery...
Matson
Descenso en las Acciones de Transporte Marítimo ante Rumores de Paso Seguro
Tras rumores de un posible “paso seguro”, las acciones de transporte marítimo experimentan una disminución, sin embargo, destaca un caso atípico en el mercado.
Esta entrada Descenso en las Acciones de Transporte Marítimo ante Rumores de Paso Seguro Aparece primero en FullAvanteNews.
Some shipping lines are still posting 9-figure profits amid downturn
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The predicted container shipping wipeout is not here yet. Several container lines are still posting...
Matson Helping to Expedite Relief Supplies to Maui
Pacific shipping company Matson is working with emergency response agencies to prioritize the movement of emergency equipment and supplies to Maui in response to this week’s devastating wildfires. Matson’s barge Haleakala departed…
https://gcaptain.com/matson-helping-to-expedite-relief-supplies-to-maui/
Corporate governance in shipping: Who’s been naughty or nice?
Shipping has long suffered an image problem on Wall Street, fueled by perceptions that some shareholders have been ripped off by self-dealing management.
No analyst has focused on the fair treatment of shipping’s common stockholders more than Michael Webber. He has published an annual corporate governance scorecard for shipping since 2016, until 2019 at Wells Fargo and since then at his own firm, Webber Research & Advisory.
Bulker owner Genco Shipping & Trading (NYSE: GNK) ranks first in this...
https://www.freightwaves.com/news/shipping-corporate-governance-whos-been-naughty-or-nice
Matson Dives Into Diversity And Inclusion
by John Konrad (gCaptain) In a significant stride towards promoting diversity and inclusion, Matson ($MATX), a leading US Flag containership operator, reported that over half of its new hires into…
https://gcaptain.com/matson-dives-into-diversity-and-inclusion/
Q2 container line earnings could surprise to the upside
Container lines won’t release final results for the second quarter until next month, but early disclosures suggest they have stemmed the bleeding, at least temporarily.
Hawaii-based niche carrier Matson (NYSE: MATX) announced preliminary results late Thursday, projecting Q2 2023 net income of between $76.3 million and $81.5 million. This range is more than double Q1 2023 net income of $34 million.
Matson CEO Matt Cox confirmed that his company’s China service saw higher demand in the second...
https://www.freightwaves.com/news/container-line-earnings-could-surprise-to-upside-in-q2
Matson to Convert Third Containership to LNG Fuel
U.S.-based shipping line Matson (NYSE: MATX) has confirmed that it will convert the main engine on its container ship, the Kaimana Hila, to a dual-fuel ME-GI unit capable of running…
https://gcaptain.com/matson-to-convert-third-containership-to-lng-fuel/
Matson lifts option to convert another vessel to run on LNG
American transportation and logistics company Matson has confirmed plans to convert the main engine of its […]
The post Matson lifts option to convert another vessel to run on LNG appeared first on Offshore Energy.
https://www.offshore-energy.biz/matson-lifts-option-to-convert-another-vessel-to-run-on-lng/
‘Colossal’ tidal wave of new container ships about to strike
Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month, surge much higher in the second quarter, go higher still in the second half, even higher throughout 2024, and stay strong in 2025.
“The colossal orderbook is like a sword of Damocles hanging over the market, with a raft of new ship deliveries in the next months inevitably triggering a return of overcapacity,” warned Alphaliner in a new report on...
https://www.freightwaves.com/news/colossal-tidal-wave-of-new-container-ships-about-to-strike