Friday, July 25, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

Matson to raise fuel surcharge

By Star-Advertiser Staff

LAST UPDATED: 12:45 p.m. HST, Jan 28, 2011

Matson Navigation Co. said it will raise its shipping fuel surcharge next month for the first time in more than a year.

The state's largest shipping company said the fuel surcharge will increase by 4.75 percentage points to 26.5 percent for its Hawaii service effective Feb. 27.

For a container of mixed produce shipped from the West Coast to Hawaii the fuel surcharge will rise to $1,217 from $999, an increase of $218 dollars.

It is the first increase in the surcharge since Feb. 7, 2010. The last two adjustments in the surcharge were downward.

“Unfortunately, fuel prices have been rising dramatically over the past several months, necessitating this new upward adjustment,” said Dave Hoppes, Matson senior vice president of ocean services.

He said the company’s fuel costs are approaching the last high experienced in early 2008 when the fuel surcharge was in excess of 30 percent.

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
Breaking News
Volley Shots
Fey, Enriques on MJNT

Political Radar
Wilhelmina Rise, et al.

Court Sense
Cold War

Political Radar
Climate change

Island Crafters

Warrior Beat
Empty pit

Political Radar

Political Radar
`Progressive hero’