Matson Lowers Fuel Surcharge Again

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Containers to Cost $80 to $140 Dollars Less

Guam – Good news for Guam Matson is lowering it’s fuel surcharge significantly

 

According to a release from the shipping company they are lowering their fuel surcharge by four percentage points for it’s Hawaii Guam CNMI and Micronesia services effective January the 18th. This means shipping costs could go down by as much as $80 to $140 dollars per shipping container. They say this is a result of continuing declines in bunker fuel prices. The fuel surcharge for Hawaii will be reduced from 35.5 percent to 31.5 percent. For Guam and the CNMI it will be reduced from 36 percent to 32 percent and for the rest of Micronesia from 41 percent to 37 percent. The decrease takes effect on the 18th. According to Senior Vice-President of Ocean services Dave Hoppes this is the 3rd consecutive decrease they have made in recent months. It’s an 11 percent drop in rates since November 2nd of 2014. These lower shipping costs should result in some lower prices for goods on Guam.

 

 

READ MATSON RELEASE BELOW:

Subject:  Matson Decreasing Fuel Surcharge by Four Percentage Points for Hawaii, Guam/CNMI and Micronesia Services

 

Dear Matson Customer:

 

As a result of continuing declines in bunker fuel prices, Matson announced today that it is lowering its fuel surcharge by four percentage points for its Hawaii, Guam/CNMI and Micronesia services.    The fuel surcharge for Hawaii will be reduced from 35.5% to 31.5%, for Guam/CNMI from to 36% to 32%, and for Micronesia from 41% to 37%, all effective Sunday, January 18, 2015.  

 

“We are pleased to be able to make another downward adjustment to our fuel surcharge, which for most customers represents a reduction in shipping costs ranging from $80 to $140 per container,” said Dave Hoppes, senior vice president, ocean services.  “This is the third consecutive decrease we have made to our Hawaii and Guam/CNMI fuel surcharges; with this latest reduction, our fuel surcharge for those services will have dropped 11 percentage points since November 2, 2014. 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 day 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.”

 

If you have any questions, please contact your account executive or our Customer Support Center.  Thank you for shipping with Matson.