Friday, June 25, 2021

Matson Announces Stock Buyback of 3 Million Shares, Raises Dividend

U.S. carrier Matson (NYSE: MATX) has announced plans to increase its quarterly dividend and repurchase 3 million shares representing nearly $190 million in returned capital to shareholders. The company’s Board...

June 25, 2021
Total Views: 2166

Tuesday, December 22, 2020

‘Matsonia’ Delivered to Matson, Completing Hawaii Fleet Renewal

U.S. carrier Matson Inc. has taken delivery of the M/V Matsonia, the second of two new Kanaloa Class “con-ro” ships built for Matson by General Dynamics NASSCO. The Jones Act-compliant...

December 22, 2020
Total Views: 6662

Tuesday, July 7, 2020
Maritime News

Second Matson ‘Con-Ro’ Christened at NASSCO

The second of two Kanalao-class “con-ro” ships for Honolulu-based Matson, Inc. (NYSE: MATX) was launched last week at General Dynamics NASSCO shipyard in San Diego, California. The new vessel was christened...

July 7, 2020
Total Views: 33

Monday, January 6, 2020
matson lurline
Maritime News

Matson Takes Delivery of First Kanaloa-Class ConRo

The largest con-ro ever built in the United States is getting ready to depart on its maiden voyage to Hawaii from the U.S. west coast. Matson took delivery of the...

January 6, 2020
Total Views: 39

Friday, November 8, 2019
Maritime News

Bunker Spill in Honolulu Harbor

The U.S. Coast Guard repsonded to a bunker fuel discharge from a Matson containership near Pier 19 in Honolulu on Thursday. Watchstanders at Coast Guard Sector Honolulu received a report...

November 8, 2019
Total Views: 105

Wednesday, June 5, 2019
Maritime News

Matson to Install Scrubbers on Six Vessels

U.S. shipping line Matson has kicked off the installation of exhaust gas cleaning systems, aka scrubbers, on six of its vessels deployed as part of its compliance strategy with International Maritime Organization...

June 5, 2019
Total Views: 30

Tuesday, March 12, 2019
Kaimana Hila christening
Maritime News

Matson Christens Second Aloha-Class Containership at Philly Shipyard

U.S. shipping firm Matson (NYSE: MATX) christened the second of two Aloha Class containerships built for Matson at Philly Shipyard. The new vessel, named ‘Kaimana Hila,’ is the sister ship...

March 12, 2019
Total Views: 135

Sunday, February 24, 2019
Matson Matsonia

Hull Cracks & Oil Spills From El Faro’s 46 Year Old Sister Ship

Thursday morning, shortly after mooring in Oakland, the hull of the 1,727 TEU Matson containership S/S Matsonia cracked spilling heavy fuel oil into San Francisco Bay. The vessel was built in...

February 24, 2019
Total Views: 108

Friday, November 30, 2018
Maritime News

Largest U.S.-Built Containership Arrives in Hawaii for the First Time

The largest containership ship ever constructed in the United States arrived in Honolulu for the first time this week as part of its regular service connecting the U.S. mainland and...

November 30, 2018
Total Views: 42

Wednesday, July 11, 2018
matson ship
Maritime News

Whistleblowing Ship Master Wins Case Against Matson and Hails Seaman’s Protective Act as Powerful Tool to Require Ship Owners to Maintain Safe Ships

Captain John Loftus, an advocate for merchant marine safety, won a decision from the Administrative Review Board of the Department of Labor that sustained a $1.1 million judgment against a...

July 11, 2018
Total Views: 82

Friday, July 28, 2017
matson ship

Matson Launches New U.S. Flag Service to Marshall Islands

Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has announced that it will introduce a new direct U.S. flag service between Honolulu and the Republic of the...

July 28, 2017
Total Views: 9

Friday, July 21, 2017

Philly Shipyard Signs LOI to Build Up to Four New Containerships for Hawaii Trade

Jones Act shipbuilder Philly Shipyard announced Friday that it has entered into a Letter of Intent (LOI) with a leading, blue chip Jones Act operating company for the construction and...

July 21, 2017
Total Views: 17

Monday, September 19, 2016
Matson Kanaloa Class
Maritime News

DSME Lands $120 Million Deal Out of Jones Act Ship Order

South Korea’s Daewoo Shipbuilding & Marine Engineer is set to get $120 million from Matson’s order for two new LNG-powered container and roll-on/roll-off vessels placed at NASSCO. South Korea’s Yonhap...

September 19, 2016
Total Views: 40

Friday, August 26, 2016
Matson Kanaloa Class
Maritime News

Matson Orders Two ‘LNG-Capable’ ConRos for $511 Million

Matson, Inc has placed an order for two new combination container and roll-on/roll-off vessels to add to its Hawaii fleet at a contract price of $511 million. Matson subsidiary Matson...

August 26, 2016
Total Views: 6

Tuesday, July 19, 2016
M/V Horizon Trader

Whistleblowing: Ship Master Wins Large Settlement In US Court

By Charlie Goetsch – A United States court has awarded over $1 Million in damages to former Horizon Lines master John Loftus. Captain Loftus filed suit after he was abruptly removed as Master in 2013 due...

July 19, 2016
Total Views: 129

Friday, August 14, 2015

Ship Photo of the Day – Alaska’s Biggest Crane Arrives in Kodiak

Matson, Inc. this week took delivery of a new 65-ton gantry crane to replace one half its size at the company’s Kodiak Terminal in Alaska. The crane, which stands 340...

August 14, 2015
Total Views: 40

Tuesday, November 11, 2014

Horizon Lines to Terminate Puerto Rico Service, Announces Sale of Remaining Company

Struggling Jones Act shipping company Horizon Lines announced Tuesday plans to terminate its Puerto Rico operations and said that it has separately entered into a series of definitive agreements that will result in the sale of the entire company.

November 11, 2014
Total Views: 64

Wednesday, October 22, 2014

Matson Pleads Guilty, Agrees to Pay $1 Million For Honolulu Harbor Molasses Spill

A division of the Jones Act shipping company Matson has agreed to plead guilty to criminal charges and pay $1 million in connection to last year's molasses spill in Honolulu Harbor.

October 22, 2014
Total Views: 31

Tuesday, November 12, 2013

SEE ALSO: US Carriers Lean Towards LNG as Marine Fuel of the Future

US Jones Act flag-carriers Horizon Lines and Matson are eyeing liquefied natural gas (LNG) as the fuel of the future.

November 12, 2013
Total Views: 4

Wednesday, November 6, 2013

Aker Philadelphia to Build Dual Fuel Containerships for Matson

The so-called "Aloha" class will be the largest Jones Act containerships ever constructed and will come equipped with dual fuel engines ready for LNG conversion.

November 6, 2013
Total Views: 3