MATSON NAVIGATION CO., INC.
Matson Navigation Company, Inc. is a leading provider of shipping and logistics services primarily serving the Pacific region. The company has a long and storied history dating back to its founding in 1882 by Captain William Matson. Initially, the company started by transporting goods and passengers between the West Coast of the United States and Hawaii.
Key Aspects of Matson Navigation Company:
Historical Significance:
- The company played a crucial role in the development of Hawaii as a major tourist destination with its luxury passenger liners in the early 20th century.
Core Services:
- Ocean Transportation: Matson operates a fleet of containerships, combination container and roll-on/roll-off ships (ConRo), and custom-designed barges that provide reliable shipping services to and from several Pacific islands, including Hawaii, Guam, and islands in Micronesia, as well as routes to Alaska and China.
- Logistics: The company offers integrated logistics services through its subsidiary, Matson Logistics. These services include domestic and international rail intermodal service, long-haul and regional highway brokerage, supply chain services, and warehousing.
Innovations and Sustainability:
- Matson has continually upgraded its fleet and incorporated new technologies to improve efficiency and reduce its environmental footprint. Recent investments have been made in state-of-the-art vessels that are more energy-efficient and environmentally friendly.
Geographic Reach:
- The company has a significant presence in the Pacific, with a strong focus on the U.S. mainland to Hawaii route, as well as services to Alaska, Guam, Micronesia, and international routes reaching China.
Modern Developments:
- Matson has been actively involved in expanding and modernizing its operations. Upgrades to its fleet and investments in new terminal facilities are part of ongoing efforts to enhance service reliability and customer satisfaction.
Corporate Structure:
- Matson, Inc. is the holding company that includes Matson Navigation Company as its primary subsidiary. The company also operates under its logistics arm, Matson Logistics, to provide comprehensive supply chain solutions.
Community Involvement:
- Matson has a long-standing tradition of engaging with and supporting the communities it serves. Various programs and initiatives are undertaken to contribute to local economic development and environmental sustainability.
Financial Performance:
Matson, Inc. has demonstrated relatively strong financial health, often showing robust revenue streams and profitability, which it attributes to its diversified service offerings and strategic geographic focus.
Conclusion:
Matson Navigation Company, Inc. stands as a key player in the maritime shipping and logistics industry within the Pacific region. Its deep historical roots, commitment to modernization, and broad service offerings provide it a solid foundation for continued growth and sustainability.
For the latest on Matson's performance and updates, it's always good to check their official website or the latest financial statements and press releases.
Locations
Matson News
Philly Shipyard Begins Building New Aloha Class Vessels for Matson
Philly Shipyard on Monday held a steel-cutting ceremony to signal the start of construction on the first of three new Aloha Class liquefied natural gas (LNG)-fueled containerships to be built for U.S. ocean carrier Matson. Matson placed the $1 billion three-ship order with Philly Shipyard in 2022 following the deliveries of Aloha-class vessels Daniel K. Inouye and Kamina Hila from the same yard in 2018 and 2019 respectively.
Matson Helping to Develop Whale Detection Technology for Ships
U.S. ocean carrier Matson is doing its part to limit whale strikes, including rerouting vessels to avoid protected areas and helping to develop cutting-edge technology that detects whales and alerts crew members of their presence.In August of last year, Matson made route adjustments to its weekly triangulating Oakland-Long Beach-Honolulu voyage to minimize the time our vessels spend inside whale protection zones of the northern and southern California coasts.
Kongsberg to Supply Hybrid Electrical Systems for Matson's New Box Ships
Matson Navigation Company’s new liquefied natural gas (LNG)-powered containerships will feature a comprehensive range of integrated technologies from Kongsberg Maritime to optimize energy use and reduce emissions.The Norwegian company announced Tuesday that it will supply hybrid electrical systems, controlled and operated by its Energy Management System, for a series of three 3,600 TEU vessels that are being built by Philly Shipyard for the U.S.-based shipowner.
Matson Adjusts Its Sailing Schedule to Increase Whale Safety
U.S.-based Pacific shipping company Matson announced it has adjusted its sailing routes to help reduce the risk of whale strikes off the coast of California.Shipping channels into and out of San Francisco Bay and the Los Angeles/Long Beach port complex transit federally protected national marine sanctuaries. These sanctuaries –Monterey Bay, Greater Farallones, and Cordell Bank national marine sanctuaries…
Matson Exercises Option for Dual-fuel ME-GI Retrofit
Matson Navigation Company has confirmed that it will convert the main engine aboard its containership Kaimana Hila from an MAN B&W S90ME-C10.5 unit to a dual-fuel ME-GI unit capable of running on liquefied natural gas (LNG). In doing so, it is exercising an option contained in a contract it signed with MAN Energy Solutions in June 2022 to perform an identical conversion on a sister ship, the Daniel K. Inouye.
Matson Orders Three LNG-fueled Containerships from Philly Shipyard
U.S.-based ocean carrier Matson announced it has placed a $1 billion order with Philly Shipyard for the construction of three new 3,600 TEU Aloha Class containerships.The first vessel is expected to be delivered in the fourth quarter of 2026 with subsequent deliveries in 2027.Matson, which aims to achieve a 40% reduction in Scope 1 fleet emissions by 2030 and net-zero Scope 1 by 2050, said the three…
Marine Propulsion: Matson Inks Deal Plus Option for ME-GI Retrofit
Matson Navigation Inc. and MAN Energy Solutions signed a contract for the retrofit of the main engine aboard its 2018-built containership Daniel K. Inouye. MAN Energy Solutions’ after-sales division, MAN PrimeServ, will retrofit the 3,600 teu vessel’s MAN B&W 7S90ME-C engine to an MAN B&W 7S90ME-GI type capable of operating on liquefied natural gas (LNG) and fuel oil. The contract includes an option…
New Container Barge Launched for Matson
Matson's new flat-deck container barge was christened and launched during a ceremony at the Greenbrier Gunderson Marine shipyard in Portland, Ore. on Saturday, April 23, 2022.The new barge, christened Haleakala, will be deployed in Matson’s Neighbor Island service in Hawaii starting this summer, connecting cargo to and from the U.S. West Coast through its hub terminal in Honolulu.With a carrying capacity of 620 TEU and room for 72 refrigerated containers…
Matson Targets Net Zero GHG Emissions by 2050
U.S.-based Matson, a carrier in the Pacific, said this week it will reduce its fleet greenhouse gas (GHG) emissions by 40% by 2030, and achieve net zero fleet GHG emissions by 2050.The Honolulu-headquartered company joins peers such as Denmark-based Maersk and Switzerland-based MSC on a growing list of international shipping companies to reveal decarbonization plans that go beyond the International…
Matson Takes Delivery of New Con-ro Matsonia
Matson has taken delivery of Matsonia, the second of two new Kanaloa Class combination container / roll-on, roll-off (con-ro) ships built for the U.S. carrier at General Dynamics NASSCO's San Diego shipyard. Weighing in at over 50,000 metric tons, Matsonia and Lurline are each 870 feet long, with 114 feet beam and a deep draft of 38 feet. The sister ships have an enclosed garage with room for approximately 500 vehicles, plus ample space for rolling stock and breakbulk cargo.
Matson Promotes Ashton
U.S.-based ocean carrier Matson announced it has promoted Marc Ashton to the role of Director, Equipment, Vehicle and Reefer Operations.Ashton will be responsible for planning and directing all container equipment positioning efforts, including container equipment fleet, equipment control, asset management, and inland logistics departments, throughout the Matson network. He will also manage Matson’s company-wide vehicle operations and all processes and systems related to automobiles…
Matson Promotes Jarek to VP of Fleet Operations
U.S. based ocean carrier Matson announced it has promoted Tracy Jarek to the position of vice president, fleet operations.Jarek joined Matson in 2001 and over 19 years earned multiple promotions to key positions including manager, fleet operations; manager, Hawaii container operations; and director, equipment, vehicle, and reefer operations.Jarek will oversee Matson’s 23-vessel fleet deployment throughout the Pacific…
OVI: 103 Tons of Garbage Removed From North Pacific Gyre
Ocean Voyages Institute’s marine plastic recovery vessel, S/V KWAI, docked at the port of Honolulu at the end of June after a 48-day expedition successfully removing 103 tons (206,000 lbs.) of fishing nets and consumer plastics from the North Pacific Subtropical Convergence Zone (more commonly known as the Great Pacific Garbage Patch or Gyre).The Pacific Gyre, located halfway between Hawaii and California…
Matson's New ConRo Ship Matsonia Christened
Matsonia, the second of two Kanaloa Class combination container/roll-on, roll-off (con-ro) vessels being built for U.S.-based carrier Matson, was christened at the General Dynamics NASSCO shipyard in San Diego, on Thursday.Peggy Forest, wife of Matson's President Ron Forest, officially christened the vessel by breaking a ceremonial bottle of champagne against its hull. Immediately after the bottle was broken, the vessel was released from its build ways and slid backward into San Diego Bay.
Matson Promotes Three
U.S. carrier Matson announced it promoted three executives to the company's senior leadership team, effective immediately.Branton "Bal" Dreyfus, Vice President, Alaska, has been promoted to Senior Vice President, Alaska in recognition of Matson's growing scope of operations, continuing investment in and long-term commitment to serving Alaska. Dreyfus will continue to report directly to Matt Cox, Chairman and Chief Executive Officer.Capt.
Matson Takes Delivery of First Kanaloa Class ConRo
Largest "Con-Ro" Ship Built in U.S. Will Serve Hawaii.Matson today took delivery of its newest vessel, the largest combination container / roll-on, roll-off ("con-ro") ship ever built in the United States, from General Dynamics NASSCO. Christened 'Lurline,' the new ship is the first of two "Kanaloa Class" con-ro vessels being built for Matson by NASSCO at a total cost of approximately $500 million for the pair…
Matson Announces Q2 2019 Results; Lowers FY2019 Outlook
Matson reported net income of $18.4 million, or $0.43 per diluted share, for the quarter ended June 30, 2019. Net income for the quarter ended June 30, 2018 was $32.6 million, or $0.76 per diluted share. Consolidated revenue for the second quarter 2019 was $557.9 million compared with $557.1 million for the second quarter 2018. For the six months ended June 30, 2019, Matson reported net income of $30.9 million…
Matson Christens First Kanaloa Class Vessel 'Lurline'
Matson, Inc. and christened the largest combination ConRo ship ever built in the U.S. -- Lurline -- in a ceremony at the General Dynamics NASSCO shipyard in San Diego, CA on Saturday, June 15. Lurline an iconic name in Matson's long history, dating to the construction of Captain William Matson's first ship of that name in 1887. Four more ships were given the name in subsequent years; this vessel will…
GD NASSCO to Christen Matson Containership
General Dynamics NASSCO will hold a special event to christen and launch the containership Lurline on Saturday, June 15. Lurline is an 870-foot-long, 3,500 TEU, 44…
Matson Installs Six Scrubbers
The U.S.-based provider of ocean freight transportation services Matson has begun the installation exhaust gas cleaning systems (scrubbers) on six vessels deployed…
