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South Pacific Islands News

31 Mar 2020

Carnival Brands Pause Cruises for Another Month

© Lauren / Adobe Stock

Four of Carnival Corp’s cruise lines said on Monday they would extend the suspension of all voyages by a month to May due to the coronavirus crisis that has worsened over the past few weeks.The brands - Holland America Line, Carnival and luxury cruise ship operators Seabourn and Cunard - together operate 49 ships.Carnival Corp, also the operator of two coronavirus-stricken Princess cruises, has already temporarily suspended several of its ships due to concerns over the rapidly spreading COVID-19 crisis earlier this month.“The impact of COVID-19 is affecting personal routines and businesses as

16 Mar 2020

Neptune Pacific Acquires Pacific Direct

Neptune Pacific Line, the provider of ocean freight services between Australia, New Zealand and Fiji, said that it has acquired Pacific Direct Line(PDL) from its Singapore based parent holding company, Pacific International Lines (PIL).The acquisition makes Neptune the new owners of all of PDL’s regional and Fiji based companies. The combined business will seamlessly link transport, warehousing, depots and customs clearance services and fully integrate customers’ supply chains across 18 South Pacific markets, it said in a press note."This purchase supports our long-term vision of creating the strongest and best regional network of shipping and logistics services in the Pacific Islands…

08 Nov 2018

China Navigation Company Opens Shanghai HQ

Swire Group’s shipping arm China Navigation Company establishes presence in Shanghai where it was founded 147 years ago!The China Navigation Company (CNCo) opened its China headquarters officially in Shanghai on 05 November 2018, marking a significant return to its birthplace 147 years ago, and a significant milestone in its history, said a press release from the company.CNCo started operations on the Yangtze River in 1872, operating a modest fleet of Mississippi-style paddle steamers.CNCo is a major global player in the shipping scene today, with operations spanning Australia, China, PNG, Fiji, India, New Zealand and the US. Headquartered in Singapore…

06 Nov 2017

Designer-built Adventure Cruise

Explore: two Quest zodiacs head out (Photo: Lindblad Expeditions/Ian Strachan)

The 2016 Polar Code has its first luxury-adventure cruise adherents for the long, new ice-free seasons in the high latitudes. Likewise, many designs winning over owners and explorers target exotic Asia-Pacific destinations. Competition is fierce among “designer-shipyards” seeking to build their designs, but their creations could face fewer hurdles to construction than the designs of independents without a yard. Concepts bound for the slipway have something else in common: new davits for large numbers of water craft.

01 Nov 2016

Ferries Expert Offers Perspective on UN Transport Report

(File photo: William Graf)

Len Roueche, a Director of WFSA and a Consultant to Förde Reederei Seetouristik (FRS), and previously the CEO of Interferry – the trade association lead for the worldwide ferry sector, has offered his views on ways to implement some of the key suggestions in this important and forward-looking just-released report, authored by the United Nations Secretary-General's High-Level Advisory Group (HLAG) on Sustainable Transport of which he is a member. The U.N. report is wide ranging…

20 Jul 2014

Matson to Release Q2 2014 Financial Results

Leading U.S. carrier in the Pacific, Matson, Inc., informs it will release its financial results for the Second Quarter 2014 on Thursday, July 31, 2014. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for the second quarter through a conference call that will occur after financial results are released. The earnings conference call is scheduled at 4:30 p.m. EDT/1:30 p.m. PDT/10:30 a.m. HST. The call will be broadcast live along with a slide presentation on the Company's website at www.matson.com; Investor Relations. A replay of the conference call will be available approximately two hours after the call through Thursday…

27 Jun 2014

Matson Increase Quarterly Dividend 6.25 %

The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, informs it has declared a third quarter dividend of $0.17 per common share. The dividend represents a one-cent increase, or 6.25 percent, over the previous quarter's dividend and will be paid on September 4, 2014 to all shareholders of record as of the close of business on August 7, 2014. "This dividend increase underscores the strong cash flow generation of Matson's core businesses and the confidence we hold in our long-term prospects," said Matt Cox, Matson's President and Chief Executive Officer. Founded in 1882, Matson is a leading U.S. carrier in the Pacific.

25 Apr 2014

Matson Declares Q2 2014 Dividend

Image courtesy of Matson

Leading US carriers in the Pacific, Matson, Inc., apprises it has declared a second quarter 2014 dividend of $0.16 per common share. "Today's authorization continues Matson's outstanding history of paying dividends and reflects the solid financial foundation of our Company and the confidence we hold in its future," said Matt Cox, Matson's President and Chief Executive Officer. The dividend will be paid on June 5, 2014 to all shareholders of record as of the close of business on May 8, 2014. Founded in 1882, Matson is a leading U.S. carrier in the Pacific.

31 Jan 2014

Matson Show Confidence with Q1 2014 Dividend Payout

Image courtesy of Matson

The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, has declared a first quarter 2014 dividend of $0.16 per common share. "Today's declaration reflects the solid foundation of our core businesses and the continued confidence we hold in our ability to generate strong cash flows," said Matt Cox, Matson's President and Chief Executive Officer. Matson say that the dividend will be paid on March 6, 2014 to all shareholders of record as of the close of business on February 13, 2014. Founded in 1882, Matson is a leading U.S. carrier in the Pacific.

25 Oct 2013

Matson Declare Q3 2013 Dividend

The Board of Directors of Matson, Inc. a leading U.S. carrier in the Pacific, has declared a third quarter dividend of $0.16 per common share. "Today's dividend declaration reflects the solid foundation of our core businesses and the continued confidence we hold in our ability to generate strong cash flows," said Matt Cox, Matson's President and Chief Executive Officer. The dividend will be paid on December 5, 2013 to all shareholders of record as of the close of business on November 7, 2013. Founded in 1882, Matson is a leading U.S. carrier in the Pacific. Matson provides a vital lifeline to the island economies of Hawaii, Guam, Micronesia and select South Pacific islands, and operates a premium, expedited service from China to Southern California.

23 Oct 2013

Matson Set Date fo Q3 2013 Financial Release

Matson logo

The Board of Directors of Matson, a leading U.S. carrier in the Pacific, announced that it will release its financial results for the Third Quarter 2013 on Wednesday, November 6, 2013. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for the third quarter through a conference call that will occur after financial results are released. The earnings conference call is scheduled at 4:30 p.m. EST/1:30 p.m. PST/11:30 a.m.

15 Jul 2013

CMA CGM upgrades its Round the World Panama Direct Serivce

CMA CGM upgraded its Round the World Panama Direct service from a fortnightly to a weekly frequency, as of September 18, 2013. The new Panama Direct Weekly  service will offer an extensive coverage of the trade with 20 ports of call. Thanks to its integration in CMA CGM global network, this upgraded service will serve 15 different markets such as Australia, New Zealand, South Pacific Islands, Central and South America, the Caribbean, North America (USEC), North Europe, the Baltic, Mediterranean, North Africa, Black Sea, etc. It will also, offer the fastest transit from Australia and New Zealand to Europe, a serious advantage for reefer shippers and UK Tilbury Wednesday call will allow fast delivery to final destinations for time sensitive cargo such as fresh products.

27 Jun 2013

Matson Increase Shareholder Dividend

Company logo

Leading U.S. carrier in the Pacific, Matson, declared a third quarter dividend of $0.16 per common share, a 1% increase over previous quarter. "In recognition of the continued soundness of Matson's businesses and our strong financial position, we are pleased to increase our quarterly cash dividend to 16 cents per share," said Matt Cox, Matson's President and Chief Executive Officer. Matson provides a vital lifeline to the island economies of Hawaii, Guam, Micronesia and select South Pacific islands, and operates a premium, expedited service from China to Southern California.

25 Apr 2013

Matson to Pay Quarterly Dividend

The Board of Directors of leading US carrier in the Pacific, Matson Inc., declares its second quarter cash dividend of $0.15 per share. "I am pleased to announce that our Board of Directors have authorized our second quarter 2013 dividend," said Matt Cox , Matson's President and Chief Executive Officer. The dividend is payable June 6, 2013 to Matson shareholders of record as of the close of business on May 9, 2013. Founded in 1882, Matson is a leading U.S. carrier in the Pacific. Matson provides a vital lifeline to the island economies of Hawaii, Guam, Micronesia and select South Pacific islands, and operates a premium, expedited service from China to Southern California.

07 Feb 2008

Euro Tariff Conversion in the Europe - Oceania trade

With effect from April 1, Maersk Line will change the tariff currency from USD to Euro on its Europe - Oceania services. The change will apply to all shipments from Europe and North Africa for destinations in Oceania (Australia, New Zealand and the South Pacific Islands). The change is due to the volatility of the USD at a time where an increasingly high proportion of the line's costs are settled in Euro. The change will not apply to cargo originating in the Middle East and South Asia for destinations in Oceania nor will it be implemented in the northbound trade from Oceania to the Middle East, South Asia, and Europe. In these corridors we will maintain USD as our tariff currency.

09 Oct 2006

Swire Announces Rebranding

The China Navigation Co Ltd (CNCo) has announced plans to consolidate the majority of its liner shipping services under a new entity, Swire Shipping Ltd, a new company recently incorporated in the United Kingdom. The service framework and existing network of management offices will not be affected by this change. Indotrans, Indotrans Pacific and New Guinea Pacific Line will be retired. gradually phased out during the course of 2007. structures, and will continue to trade under their current names. Indotrans and The Bank Line, and the introduction of several new trades. Southeast Asia and Papua New Guinea with the South Pacific Islands.

04 Oct 2002

Carriers Confirm Plans

Six container shipping lines in the Europe-Australasia-North America trade have finalized plans to introduce a new and improved liner service system for their existing operations on the world's longest trade-route. The new system will see five existing services replaced by two fixed-day weekly contra-rotating round-the-world operations. Marfret and P&ONedlloyd. All six carriers will continue to compete with each other and market their services independently. Deploying ten newbuildings of 4,100 teu, one service will sail from Europe via the Suez Canal to Australia and New Zealand, returning via the Panama Canal and the US East Coast to Northern Europe. guaranteed entry point into established markets.

23 Jun 2003

Carnival’s Jubilee to be Transferred to P&O Cruises

At its annual general meeting for shareholders held in Southampton, England, Carnival Corporation & plc announced that Carnival Cruise Lines' 1,486-passenger Jubilee will be transferred to P&O Cruises Australia in fall 2004, more than doubling the size of the brand's operations in the region. The 47,262-ton Jubilee, which will be renamed, will be the largest cruise ship based year-round in Australia. fun, easygoing holiday experience to their passengers. part of the year, opening up a new market for P&O Cruises Australia. further growth of this market. year. characteristics of a typical P&O Cruises Australian fun ship. synergies that exist within the various Carnival Corp. & plc brands. the group," said Carnival Corp. & plc Chairman and CEO Micky Arison. begins in November.

07 Jan 2000

Seabourn Sun To Sail First World Cruise In 2001

Seabourn Cruise Line's recently refurbished Ultra-Luxury Resort Cruiser Seabourn Sun will sail its first World Cruise under its new name and insignia in the winter of 2001. Seabourn Sun will place the world at the fingertips of travelers as it circumnavigates the globe in 99 days. A wide selection of segment voyages offer shorter holidays of 10 to 80 days, or guests can pick the number of days they like - an ideal opportunity to experience a favorite slice of the world. "We have made a substantial investment to assure that Seabourn Sun will represent a new standard of elegance for mid-size cruising vessels,'' said Larry Pimentel, CEO and President of Seabourn Cruise Line and Cunard Line.