Matson Inc., Hawaii’s largest ocean cargo transportation company, has announced that they will be decreasing their fuel surcharges by 3.5 percentage points to 40 percent. According to Matson officials, this decrease is due to a drop in bunker fuel prices. Senior Vice President of Ocean Services, Dave Hoppes, stated, “We are pleased to make this downward adjustment to our fuel surcharge. 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 Hawaii and Guam services.”
Horizon Lines Inc. the second largest ocean carrier, has not announced if they will follow Matson’s lead and decrease their fuel surcharges. Pasha Hawaii Transport Lines, which handles inter-island shipping has stated that they will be reducing their fuel charges and will make an official announcement shortly.
Source: Matson Navigation Company
Feb. 26, 2012 45.5% Fuel Surcharge
June 17, 2012 42.0% Fuel Surcharge
July 15, 2012 39.0% Fuel Surcharge
Oct. 7, 2012 43.5% Fuel Surcharge
March 17, 2013 40.0% Fuel Surcharge
June 17, 2012 42.0% Fuel Surcharge
July 15, 2012 39.0% Fuel Surcharge
Oct. 7, 2012 43.5% Fuel Surcharge
March 17, 2013 40.0% Fuel Surcharge
Source: Honolulu Star Advertiser, 3-13-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
