Matson Navigation Company News

Matson Navigation Company has confirmed that it will convert the main engine aboard its containership Kaimana Hila from an MAN B&W S90ME-C10.5 unit to a dual-fuel ME-GI unit capable of running on liquefied natural gas (LNG). In doing so, it is exercising an option contained in a contract it signed with MAN Energy Solutions in June 2022 to perform an identical conversion on a sister ship, the Daniel K. Inouye. The Kaimana Hila was built in 2019 and MAN Energy Solutions’ after-sales division…

Two Matson Inc subsidiaries must face claims from rival container shipping company American President Lines LLC that Matson is abusing its market power over service from the United States to Guam, a federal judge ruled in an antitrust lawsuit.The ruling Friday by U.S. District Judge Christopher Cooper in Washington, D.C., declined to dismiss claims against Matson Navigation Company Inc and Matson Logistics Inc brought by American President Lines last year seeking unspecified monetary damages for alleged violations of U.S. competition law.The court dismissed parent company Matson Inc as a defendant.Honolulu-based Matson, a leading U.S. carrier in the Pacific, in 2021 recorded revenue of more than $3.9 billion.

The American Maritime Partnership (AMP), a trade group for the U.S. domestic maritime industry, announced the election of new leadership for the organization. Ku’uhaku Park takes the helm as president, and he is joined by new vice president Jennifer Carpenter, and Sara Fuentes who will serve dual roles as secretary and treasurer. Elected officers will hold their positions for a two-year term.“I am humbled to have been elected by my peers to lead the American Maritime Partnership and carry this banner at such a consequential time for our industry…

Philly Shipyard (PSI), the unit of Philly Shipyard ASA, delivered the second dual-fuel Aloha Class containership, Kaimana Hila, to Matson Navigation Company.‘Kaimana Hila’ is the second of two 3,600 TEU “Aloha Class” containerships that were ordered by Matson. The first vessel, ‘Daniel K. Inouye,’ was delivered by PSI in October 2018 and is currently in service for Matson.“The delivery marks the successful conclusion of the construction of the two largest container vessels ever built in the United States,” remarked Steinar Nerbovik, Philly Shipyard President and CEO.“Matson is a first-class customer and on behalf of all of the men and women of the shipyard, we thank them for their trust and confidence in us.

The U.S. Coast Guard is known for saving lives at sea, but did you know the service plays a huge role in the economy, too?As a regulatory entity, the Coast Guard conducts marine inspections on vessels entering United States ports to make sure the vessels do not pose a safety, security, or environmental threat to the country. With 90 percent of U.S. imports and exports entering or exiting the country by ship, these inspections ensure there is fuel at the gas station, food in the store and presents at birthday parties.But even before a ship ever gets in the water…

General Dynamics NASSCO has started construction on the second ship in a two-ship series of Kanaloa-class containerships for Matson Navigation Company, Inc. Construction of Matsonia began with a ceremonial first cut of steel at NASSCO's San Diego shipyard where the first ship in the series, Lurline, is 15 percent complete. Both ships will transport containers, automobiles and rolling stock between the West Coast of the United States and Hawaii. Using proven design standards, the ship design incorporates liquefied natural gas-capable main and auxiliary engines, which are compliant with Tier III emission requirements. Future installation of a LNG fuel gas system can be accommodated on the 870-foot-long, 3,500 TEU platform combination container and roll-on/roll-off ("Con-Ro") vessels.

Matson, Inc. said its subsidiary Matson Navigation Company, Inc. has replaced one of its three barges dedicated to serving Hawaii's neighbor island ports with a newer, larger barge that will improve service levels. The container barge Columbia, to be renamed Mauna Loa in honor of the barge it replaces, is now Matson's largest barge. At 360 feet long, with a beam (width) of 100 feet and cargo carrying capacity of 12,600 tons or 500 TEU, it is 12 feet longer and 40 feet wider than the barge it replaces, with the capacity to carry 180 more TEU or nearly 8,000 tons more cargo. Built in 2012 by Gunderson Marine and classified as a Deck Cargo Barge with approximately 33,000 square feet of deck cargo space, the vessel's design enables swifter and more fuel efficient transits.

San Diego shipyard General Dynamics NASSCO said it has begun building the first of two liquefied natural gas (LNG)-capable combination containership/roll-on, roll-off (ConRo) vessels for Matson Navigation Company, Inc., a wholly owned subsidiary of Matson, Inc. The 265-meter-long, 3,500 TEU Kanaloa class design was developed by the shipyard in partnership with Daewoo Ship Engineering Company, and incorporates Tier III compliant LNG-capable main and auxiliary engines, with accommodation for future LNG fuel gas system installation.

Philly Shipyard, Inc. (PSI) has delivered American Pride, the final vessel in a series of four 50,000 dwt product tanker newbuilds for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc. The 600-foot product tanker has a 14.5 million gallon carrying capacity and is based on a design from Hyundai Mipo Dockyards (HMD) that incorporates numerous fuel efficiency features, flexible cargo capability, and the latest regulatory requirements, the builder said. The vessel has also received LNG Ready Level 1 approval from the American Bureau of Shipping (ABS). American Pride and its three sister ships were originally under contract with Philly Tankers…

Matson Navigation Company, a leading U.S. carrier in the Pacific, has signed contracts with Paceco Corporation for the purchase of three new 65 long-ton capacity cranes and modifications to upgrade three existing cranes at its Sand Island Terminal in Honolulu Harbor. The investments are part of a broader $60 million terminal expansion and modernization program Matson is undertaking to prepare its operational hub in Hawaii for the arrival of four new ships the company has on order with a combined value of approximately $930 million and deliveries starting next year. The new cranes will be built by Mitsui Engineering & Shipbuilding (MES), delivered next year and installed at Matson's Sand Island Terminal in Honolulu in early 2019.

Matson, Inc. president and chief executive officer Matthew J. Cox will succeed retiring chairman of the board Walter A. Dods, the company announced today. The appointment becomes effective at the end of the company's annual shareholders’ meeting today, as Dods retires in accordance with the company's corporate governance guidelines limiting board members’ age. “In my nearly 30 years associated with Matson, I've never felt stronger about its leadership and long-term prospects,” Dods said.

Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY), held a ceremonial Keel Laying today for the fourth product tanker in a four vessel order for American Petroleum Tankers (APT), a Kinder Morgan, Inc. subsidiary. Keeping with long held shipbuilding tradition, coins were placed on one of the keel blocks before the 650 ton unit was lowered into place in the dry dock. Representatives from Philly Shipyard and Kinder Morgan were in attendance to place the coins as a sign of good fortune and safe travels. Philly Shipyard representatives included the 15 new hires that began orientation on Monday, January 9.

Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today delivered the American Endurance, the first of four next generation 50,000 dwt product tankers that it is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc. This delivery is the 25th vessel built by PSI (formerly known as Aker Philadelphia Shipyard, Inc.). The next generation 50,000 dwt product tanker is based on a proven Hyundai Mipo Dockyards (HMD) design that also incorporates numerous fuel efficiency features, flexible cargo capability, and the latest regulatory requirements. The vessel has also received LNG Ready Level 1 approval from the American Bureau of Shipping (ABS).

Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two new combination container and roll-on/roll-off (Con-Ro) vessels for its Hawaii fleet at a contract price of $511 million for both vessels with deliveries scheduled for the end of 2019 and mid-year 2020. Matson is calling these vessels the Kanaloa Class in honor of the ocean deity revered in the native Hawaiian culture and will name each of the new vessels after predecessor ships from its 134-year history.

Philly Shipyard, Inc. (PSI) held a keel laying ceremony for the second product tanker in a four vessel order for Kinder Morgan, Inc. subsidiary American Petroleum Tankers (APT). Representatives from Philly Shipyard and Kinder Morgan were in attendance to place coins on one of the keel blocks before the 650 ton unit was lowered into place in the dry dock. When completed in 2017, the product tanker will be 600 feet long and capable of carrying 50,000 tons of crude oil or refined petroleum products. The Tier II 50,000 dead weight ton (dwt) product tankers are based on a Hyundai Mipo Dockyards (HMD) design which incorporates numerous fuel efficiency features, flexible cargo capability and the latest regulatory requirements, the builder said.

U.S. Transportation Secretary Anthony Foxx today announced that DOT has awarded contracts with a total award value of $1.96 billion over eight years to seven U.S. maritime firms to manage, maintain and operate 48 National Defense Reserve Fleet (NDRF) vessels through January 2024. These Maritime Administration contracts are funded by the Department of Defense (DoD) National Defense Sealift Fund to support DoD’s strategic sealift mission. “Since 1946, National Defense Reserve Fleet vessels have facilitated U.S. strategic sealift, natural disaster response, and humanitarian operations all around the world,” said U.S. Transportation Secretary Anthony Foxx.

Thordon Bearings has signed a contract to supply COMPAC seawater-lubricated propeller shaft bearing solutions to two Jones Act containerships under construction at the Aker Philadelphia Shipyard Inc. (APSI) for Matson Navigation Company, Inc. The order represents the first large containership reference for the manufacturer and the largest commercial ship propeller shafts to be fitted with COMPAC bearings, Thordon noted. The 3600TEU Aloha Class vessels, the largest Jones Act containerships ever built…

Matson, Inc., a U.S. carrier in the Pacific, announced that production has begun on its two new Aloha Class containerships following a steel cutting ceremony at Aker Philadelphia Shipyard Inc. (APSI) in Pennsylvania. Matson subsidiary Matson Navigation Company, Inc. ordered the ships from APSI in 2013 for an aggregate price of $418 million, following on the delivery of four newly-built Jones Act containerships for Matson between 2003 and 2006. At 850 feet long and with 3,600 TEU capacity…

Ship Finance International Limited (SFL) has sold its holding of notes and warrants in Horizon Lines, Inc. for net cash proceeds of approximately $72 million. In April 2012, Ship Finance received $40 million of Horizon Lines second-lien notes and 9.25 million warrants in Horizon Lines in connection with a termination of the charters for five container vessels. Thereafter, the second-lien notes have accumulated interest on a non-cash basis at a rate of 15 percent annually. In November 2014…

Anthony Chiarello, Matthew J. Cox and James C. The United Seamen's Service (USS) 2015 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Anthony Chiarello, President and CEO of TOTE; Matthew J. Cox, President/CEO of Matson Inc.; and James C. McKenna, President and CEO of Pacific Maritime Association. The maritime industry awards are to be presented at the 46th annual gala industry dinner and dance in New York on November 13, 2015. Recognition will also be given to American seafarers for specific acts of bravery and heroism while at sea.

Following is the statement of FMC Commissioner William P. We do not take our hands off the wheel just because an agreement is allowed to go into effect without the Commission taking any further action to delay the implementation of the agreement. FMC staff has requested certain information from the parties to the Pacific Ports Operational Improvements Agreement (PPOIA). To date, the response by the PPOIA parties has been incomplete. As a Commissioner I am interested in information including but not limited to service agreements between the vessel operating common carriers and the marine terminal operators, as well as information related to chassis operations.

Aker Philadelphia Shipyard ASA announced today that its wholly-owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has entered into definitive agreements with a subsidiary of Marathon Petroleum Corporation (MPC) for the buy-out of APSI's interest in its joint venture with Crowley Maritime Corporation (Crowley) related to the operation and chartering of four 50,000 dwt product tankers. The transaction is based on an enterprise value of $150 million per vessel. The buy-out of APSI's interest in the APSI-Crowley joint venture with respect to each vessel will occur at its delivery from APSI. The deliveries of all four vessels are expected to occur from Q3 2015 to Q3 2016. APSI expects to recognize a pre-tax gain of approximately $10 million per vessel from the transaction.

Dave Hoppes, Matson’s senior vice president, ocean services, will retire March 31, 2015, the company announced. John Lauer, currently vice president, Transpacific services at the company's wholly-owned subsidiary, Matson Navigation Company, Inc., will succeed Hoppes as senior vice president, ocean services, effective March 31, 2015. The company also announced that Chris Scott, currently director, Asia at Matson Navigation Company, will succeed Lauer as vice president, Transpacific services at Matson Navigation Company, effective March 31, 2015, as part of the transition plan.