Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Guam gets new shipping route via Japan

Global shipping line APL is entering the local market to give Guam and Saipan customers a choice to ship goods to and from the U.S. mainland via Japan beginning on Nov. 24.

Apart from facilitating cargo shipments from the U.S. mainland, where about 75 percent of Guam’s inbound freight originates, the Guam-Saipan Express connection in […]

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'Dock drama was good for Matson'

The Honolulu-based shipping company, reporting higher quarterly and annual profits Tuesday, revealed that port congestion led to more business for Matson’s China Express.

From Hawaii News Now:

In economics, when someone loses, someone else wins. But it’s still astonishing to note that the West Coast longshore contract drama, which snarled shipping, helped Matson Inc.

“The […]

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Matson will skip its Feb. 24 delivery to Guam due to storm damage

The Maunawili experienced structural damage to its hull during a severe storm on its way from China back to the United States, according to a Matson letter to its customers. The vessel is shown here prior to damage.

Matson, the main ocean carrier of goods from the U.S. mainland to Guam, will miss one of […]

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Matson to drop fuel surcharge to 25%

Continuing declines in bunker fuel prices have prompted Matson to again lower its fuel surcharge, by 7 percentage points, for its Hawaii, Guam-Northern Marianas and Micronesia services.

The reductions will take effect on Feb. 15, Matson stated.

The reduction represents a savings in shipping costs ranging from $140 to $245 per container, said Dave Hoppes, […]

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Matson makes further drop to bunker surcharge

Pacific shipping company Matson Monday announced in an emailed statement that it will further reduce its bunker surcharge, lowering it by four percentage points on its Hawaii, Guam/CNMI, and Micronesia services.

“We are pleased to be able to make another downward adjustment to our fuel surcharge, which for most customers represents a reduction in shipping […]

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Matson carves niche in trans-Pacific expedited market

From the Journal of Commerce:

According to PIERS, the data division of JOC Group Inc., Matson transported nearly 103,000 TEUs from China to the U.S. in 2013, just over a 1 percent share of the eastbound trans-Pacific market. Though operating with U.S. crews on relatively small U.S.-built ships means its costs are higher than foreign-flag […]

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Matson to raise fuel surcharge starting next month

Starting next month, it’s going to cost a little more to ship with Matson.

The navigation company is raising its fuel surcharge by 3-percentage points for Hawaii service beginning on June 8. Matson is also raising the fuel surcharge for its Guam, Marianas and Micronesia service by 1.5-percentage points.

Matson says the company will continue […]

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Photos show sinking log ship near Guam

The Coast Guard Cutter Assateague approaches the disabled 500-foot container ship, Rich Forest, Jan. 22, 2014. Twenty-four crew members on board the Rich Forest abandoned ship, Jan. 20, 2014, after the cargo vessel engine room flooded. (U.S. Coast Guard photo provided by Coast Guard Cutter Assateague)

From gCaptain:

The U.S. Coast Guard on Thursday […]

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GAO Refutes Allegations of Jones Act ‘Cost’

The long-awaited General Accountability Office (GAO) study on the Jones Act in Puerto Rico shows that the U.S. domestic container shipping fleet has provided regular, reliable service while offering significant rate reductions, according to the American Maritime Partnership (AMP), an industry trade group.

“GAO disproved charges that the Jones Act raises prices for consumers in […]

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Matson posts $15.6M Q4 profit

Honolulu-based ocean shipper Matson Inc. on Thursday reported a net income of $15.6 million, or 36 cents per diluted share, for the fourth quarter of 2012, compared to net income of $1.6 million, or 4 cents per diluted share, during the same quarter in 2011.

Matson, however, reported that Hawaii container and auto volume was […]

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Matson, Wilh. Wilhelmsen report first quarter profits

Though several carriers have reported first quarter losses, there’s better news for others:

With Horizon Lines dropping out of the shipping trade on Guam, Matson Navigation Co. reported an $8.1 million operating profit for the first quarter of this year — compared to $5.4 million in a similar quarter last year. Matson transported 6,400 containers […]

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Thin profits, high fuel costs winnow Pacific trade players

The transpacific trade, like most of the world’s major ocean shipping routes, is dominated by huge foreign carriers that are large enough to roll with tough times. The three biggest — APM Maersk of Copenhagen, Geneva-based Mediterranean Shipping Co. and Marseille-based CMA-CGM — each has a fleet larger than that of the U.S. Navy.

[…]

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Horizon Lines to End Trans-Pacific Services

The JOC reports that Horizon’s exit from the Guam trade will leave Matson Navigation as the only U.S.-flag carrier between the U.S. mainland and Guam.

Horizon Lines is discontinuing its money-losing trans-Pacific service, a route that sought to sail in a niche market underneath the scope of larger container lines by linking the U.S. West […]

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Matson Says Niche Trans-Pac Model Working

Matson Navigation says the trans-Pacific service the carrier began five years ago has proven a successful expansion beyond Matson’s comfortable Jones Act trade and that it will maintain its commitment to the market.

Matson is thriving in its niche service despite tough competition in Pacific trade lanes dominated by large, foreign carriers with huge vessels […]

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Jones Act Backers Challenged by Congress

Matson ship in Oakland

U.S. domestic maritime carriers must continually remind Congress of the ongoing benefits of the Jones Act protections for the business, Matson Navigation President Matthew Cox told a business audience in Southern California.

Cox said the Jones Act trade produces billions of dollars a year in taxes and creates jobs for […]

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