Categorized | Business

Matson decreasing fuel surcharge by 2 percentage points


As a result of continued moderation of bunker fuel prices, Matson has announced it is lowering its fuel surcharge for its Hawaii service by two percentage points, from 36.5 percent to 34.5 percent, effective this Sunday, July 7.

“This marks the third consecutive decrease in 2013 of our Hawaii fuel surcharge,” said Dave Hoppes, senior vice president, ocean services. “For most customers, this downward adjustment represents a reduction in shipping costs ranging from $45 to $80 per container. We continue to be 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 fleet. Matson has made a practice of giving 30 days notice for upward rate adjustments, but passes on downward adjustments to our customers as soon as possible. We will continue to monitor fuel costs and adjust the surcharge accordingly.”

Matson’s last adjustment to its fuel surcharge was a decrease of 3.5 percentage points, effective April 28, 2013.

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