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Matson To Cut Fuel Surcharge For Hawaii, Pacific Shipping Services

Matson Inc. said Monday that it is lowering its fuel surcharge for its Hawaii and Pacific shipping services by four percentage points, starting this weekend, for the third month in
14 Jan 2015 07:32
Matson To Cut Fuel Surcharge For Hawaii, Pacific Shipping Services
Matson Inc. will lower its furl surcharge on its Hawaii, Guam, Commonwealth of the Northern Mariana Islands and Federated States of Micronesia shipping routes by four percentage points, starting Sunday.

Matson Inc. said Monday that it is lowering its fuel surcharge for its Hawaii and Pacific shipping services by four percentage points, starting this weekend, for the third month in a row.

The fuel surcharge for its Hawaii service will be lowered to 31.5 percent, from 35.5 percent, starting Sunday, Honolulu-based Matson said. The surcharge for Guam and the Commonwealth of the Northern Mariana Islands will be lowered to 32 percent from 36 percent, and the surcharge for the Federated States of Micronesia will be lowered to 37 percent from 41 percent.

The decreases will mean a reduction in shipping costs that will range from $80 to $140 per container, Dave Hoppes, senior vice president, ocean services, said in a statement.

“This is the third consecutive decrease we have made to our Hawaii and Guam/CNMI fuel surcharges; with this latest reduction, our fuel surcharge for those services will have dropped 11 percentage points since {Nov. 2},” he said. “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.”

Matson lowered fuel surcharges on those routes by 2 percentage points in mid-December after lowering them by five percentage points on Nov. 2.

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