comscore Matson reduces fuel surcharge | Honolulu Star-Advertiser
Top News

Matson reduces fuel surcharge

Honolulu Star-Advertiser logo
Unlimited access to premium stories for as low as $12.95 /mo.
Get It Now
    Lek Friel, Matson container operations manager, at the Sand Island terminal.

Matson Inc., the state’s largest ocean cargo carrier, said Thursday it will lower its Hawaii fuel surcharge by 5 percentage points to 37.5 percent Nov. 2 to compensate for falling ship fuel prices.

The decrease follows two increases earlier this year — 3 percentage points in June and 5 percentage points in March — imposed by Matson for shipments between the West Coast and Hawaii.

Dave Hoppes, senior vice president of ocean services for the company, said the reduction should save most customers $100 to $175 to ship a container.

"We are pleased to be able to make this downward adjustment to our fuel surcharge," he said in a statement. "We have been 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 also is lowering its fuel surcharge for its Guam/Commonwealth of the Northern Mariana Islands and Micronesia service by 5 percentage points to 38 percent.

Comments have been disabled for this story...

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature

Scroll Up