Excerpts from DC Velocity:
Intermodal chassis leasing firm Direct ChassisLink Inc. (DCLI) said today it acquired all 11,000 marine chassis owned by the North American arm of Japanese liner shipping company Nippon Yusen Kaisha Inc. (NYK) that were operated on the U.S. mainland.
The 11,000 units will be placed in pools managed by Consolidated […]
From the Pacific Business Journal:
Matson Inc., Hawaii’s largest shipper, reported fourth quarter net income of $19.4 million, or 44 cents per diluted share, compared to $26.6 million, or 60 cents per diluted share, for the comparable quarter in 2015.
Matson attributed the lower earnings for the quarter to an increase in bunker fuel prices […]
Artist rendering of the new Matson ship design. Each ship will be 869 feet long and 115 feet wide at the beam with a deep draft of 38 feet and enclosed garage space for up to 800 vehicles.
Matson Inc. has announced that its subsidiary Matson Navigation Co. Inc. has contracted with General Dynamics […]
Hawaii’s largest shipping company, Matson Inc., said Monday it will acquire Span Alaska Transportation LLC in an effort to expand its Alaska service offerings.
Matson’s subsidiary Matson Logistics Inc. will acquire 100 percent of the equity of Span Alaska for a cash purchase price $197.6 million. The deal is expected to close in the third […]
From the Bernie Post:
A moving television ad released by Bernie Sanders features Representative Tulsi Gabbard of Hawaii, who discusses the true cost of war.
Sanders’ campaign released the ad on YouTube. It focuses on the cost of war, and is voiced by Representative Tulsi Gabbard, a veteran and supporter of Bernie Sanders.
U.S. Senators Tusli Gabbard and Bernie Sanders
U.S. Rep. Tulsi Gabbard (D-Hawaii) and U.S. Sen. Jeff Merkley (D-Oregon) are coming to Oregon on Tuesday, May 3 for a series of organizing meetings. Join us for a conversation about the issues that matter and meet with members of Congress who care:
Portland Rally with […]
Hawaii’s largest ocean cargo transportation company had a record profit last year, earning more than $103 million.
Honolulu-based Matson announced Tuesday that its earnings last year were up 46 percent from $70.8 million the previous year. The company managed to hit a record year even after reporting a lower fourth-quarter income in 2015 than in […]
West Hawaii Photo of Yoshito Takamine, 1981
From the Hawaii Tribune-Herald:
Yoshito Takamine, a longtime Hawaii Island labor and political leader, died Oct. 27 at his Honokaa home. He was 89.
The eldest son in a family of 14 children raised by a plantation worker and his picture bride, both from Okinawa, Takamine went to […]
Total international containers handled by the Northwest Seaport Alliance increased 3.7 percent in September from the same month last year as the ports of Seattle and Tacoma continue to regain traffic lost earlier in the year due to port congestion and labor disruptions associated with the coastwide longshore contract negotiations.
International containerized imports increased […]
The biggest shipping company serving Hawaii will end its molasses operation in the state and pay millions of dollars as compensation for spilling 1,400 tons of the sugary substance in Honolulu Harbor.
State Attorney General Doug Chin on Wednesday called the $15.4 million settlement with Hawaii-based Matson Navigation Co. one of the largest for an […]
From The Loadstar:
Another attempt to lift US cabotage restrictions was dismissed yesterday, when a court in Hawaii ruled against a class action brought by shippers against legislation which prohibits foreign companies from carrying US domestic cargo on ships.
Judges dismissed the action on the grounds that the claim was too broad to be able […]
From a Pasha Group news release:
The Pasha Group’s acquisition of the Hawaii trade-lane business of Horizon Lines, Inc. (Horizon) was completed this week. The Pasha Group, one of the nation’s leading Jones Act shipping and integrated logistics companies, has served the Hawaii market for more than 50 years, adding roll-on/roll-off liner service between the […]
VT Halter Marine has delivered the M/V Marjorie C combination container and roll-on / roll-off (ConRo) vessel to Honolulu-based Pasha Hawaii. The Marjorie C ConRo vessel was designed by Uljanik Shipyard in Croatia and built by VT Halter Marine. Courtesy of Pasha Hawaii.
Marjorie C will join its sister ship M/V Jean Anne, also […]
The Pasha Group says that the U.S. Department of Justice (DOJ) has cleared its acquisition of the Hawaii trade-lane business of Horizon Lines, Inc. (Horizon). This paves the way for an anticipated final closing before the end of the second quarter.
In becoming part of Pasha, Horizon’s Hawaii business will operate alongside Pasha Hawaii’s existing […]
A tentative agreement covering Hawaii longshore workers statewide was reached Monday afternoon.
The tentative agreement will be voted on by the full Hawaii Longshore Division membership after the Memorandum of Agreement is reviewed by the negotiating committee next week.
Details of the tentative agreement will be released after the membership vote.
The Hawaii Longshore Division […]