#matson hawaii
Matson increased community support to $8.7M in 2023, including $1.7M to Maui disaster relief, community support
In 2023, Matson contributed $6 million in cash, services and equipment support to organizations in Hawaiʻi, Guam/Micronesia and the South Pacific, with the largest concentration of giving in Maui disaster relief and community support at $1.7 million.
Matson Operations Not Impacted by Hawai‘i Shelter-at-Home Orders
Matson issued a statement today in response to shelter-at-home orders for Hawaiʻi saying the orders for Hawaiʻi will not affect Matson operations. Matson notes that the company and the services that support its operations are considered “Essential Businesses” that support critical transportation infrastructure.
Matson’s Newest Container Ship, Kaimana Hila Christened
Matson has invested nearly $1 billion to build four ships entering service soon, including Kaimana Hila and her sister ship the Daniel K. Inouye
Largest Containership Built in US Arrives in Hawai‘i
The Daniel K Inouye is the largest containership ever built in the US. It’s arrival also marks the start of a nearly $1 billion investment by Matson.
Matson Third Quarter Dividend Up 5% To $0.21 Per Share
Company executives say the increase underscores the Matson Board’s confidence in the long-term prospects for the businesses and commitment to rewarding shareholders through dividends.
Matson to File Rate Increases for 2016
Matson announced that it will raise its cargo rates for Hawaiʻi service by $225 per westbound container and $110 per eastbound container, effective Jan. 3, 2016.
Matson Completes $469 Million Alaska Operations Acquisition
Matson Inc. has recently completed its acquisition of Horizon Lines Inc., which includes Horizon’s Alaska operations and the assumption of all non-Hawaiʻi business liabilities, according to a PRNewswire release.
Matson Announces Fourth Quarter Income
Matson Inc. (NYSE: MATX), a leading US freight carrier in the Pacific Ocean, has reported a $.63 earning per share, or $27.8 million net income for the fourth quarter of 2014. In comparison, the last quarter of 2013 saw a $.17 earning per share and net income of $7.3 million.
Matson Prosecuted and Fined $1 Million for 2013 Molasses Spill
Matson Terminals Inc. must pay $400,000 in fines in addition to a $600,000 restitution for previous guilty pleas for two criminal charges of illegally dumping molasses into Honolulu Harbor. The plea agreement dictates that the restitution money will be equally divided between the Waikiki Aquarium to support marine ecosystems, and the Sustainable Coastlines Hawai‘i to aid in the care and clean-up of local beaches.
