According to a statement released by Matson Navigation Company, they will be lowering their fuel surcharge from 45.5 percent to 42 percent on June 17, 2012. Matson is Hawaii’s largest ocean transportation company and this reduction is due to a recent decline in fuel costs for their ships. Senior Vice President of Ocean Services for Matson, Dave Hoppes, stated, “Escalating energy costs have impacted all businesses, as well as consumers, this year, with transportation companies especially hard hit. We are pleased to be able to make this downward adjustment to our fuel surcharge. We will continue to monitor fuel costs and adjust the surcharge accordingly.”
Source: Honolulu Star Advertiser, 6-12-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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