Matson raises Hawaii service rates

11/27/2013 9:07:10 AM

Matson Navigation Co will raise its rates for the company's Hawaii service by US$175 per westbound container and $85 per eastbound container, effective January 5, 2014, reported PR Newswire. In addition, Matson will raise its terminal handling charge by $50 per westbound container and $25 per eastbound container, also effective January 5. Matson estimates that the combined increase of both the rate adjustment and terminal handling charge will result in shipping costs rising by an average of 5.5 percent. Earlier this month, the company announced that it has signed a contract to build two Aloha Class 3,600 TEU containerships for the company's Hawaii service for an aggregate price of $418 million.   Cargonews Asia

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