Matson Lowers Fuel Surcharge
Continuing decreases in bunker fuel prices has prompted Matson to drop its fuel-related surcharge by 4 percentage points. Matson announced it will lower its fuel surcharge for service to Hawaii, Guam, the Commonwealth of the Northern Mariana Islands and Micronesia, effective Sunday.
In a press release from Matson, its senior vice president, ocean services Dave Hoppes said, "We are pleased to be able to make another downward adjustment to our fuel surcharge, which for most customers represents a reduction in shipping costs ranging from $80 to $140 per container."
The decrease takes the surcharge from 35.5 percent to 31.5 percent for its Hawaii service, from to 36 percent to 32 percent for Guam/Commonwealth of the Northern Mariana Islands service and from 41 percent to 37 percent for Micronesia service, the company said. The decrease goes into effect on Sunday, according to the company.
"We continue to be encouraged by the recent moderation in bunker fuel prices, and remain focused on diligently exploring ways in which we can maximize fuel efficiency for our fleet," Hoppes said.