Matson Launches New U.S. Flag Marshall Islands Service
HONOLULU: Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, has launched its new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ("RMI"), reducing cargo transit times to the RMI from the U.S. mainland by as many as eight days.
Matson purchased a 700-TEU, U.S.-flagged containership to operate the new service. Christened Kamokuiki, or 'small island or vessel' in the Hawaiian language, the vessel is well suited to serving island communities with two 45 ton cranes onboard, hydraulic folding hatch covers and high maneuverability that allows docking without tugs.
The vessel's first voyage KAM002 departed Honolulu on Saturday and will arrive at Kwajalein on Saturday, November 3.
Matson has served the RMI since 1972. It currently serves Kwajalein, Ebeye and Majuro from the U.S. West Coast via Guam, where westbound containerized and bulk cargo is transshipped to Matson's Micronesia service. The new service from the U.S. West Coast to Kwajalein, Ebeye and Majuro via Honolulu will deliver cargo with a transit time of approximately two weeks, compared to three weeks or more with the current service.
Along with unrivaled transit times, advantages of the new service include Matson's dedicated terminal operations at Seattle, Oakland and Long Beach, offering shippers late cut-off times, industry-leading truck turn times and use of Matson's extensive owned chassis inventory.
"Matson has been consistently rated the #1 ocean carrier in the world because of its commitment to operating the fastest and most reliable service in the markets we serve," said John Lauer, Chief Commercial Officer. "We are excited to bring U.S. flag service and shorter transit times from the U.S. West Coast to Kwajalein, Ebeye and Majuro."