Matson To Lower Fuel Surcharge 3.75% For Guam Bound Cargo

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Guam – Matson Navigation Friday said that it will lower it’s fuel surcharge for service to Guam on September 12.

The fuel surcharge for service to Guam the CNMI and Micronesia will drop from 27 percent to 23.25 percent.

The company cited a decline in bunker fuel prices for the decrease.

Matson Senior Vice-President for Ocean Services, Dave Hoppes told Hawaii’s KITV that “Matson is very pleased to make this downward adjustment. We are once again passing on this decrease to our customers so they can quickly realize the benefits of this reduction during this difficult economic environment.”

Read the KITV report

Matson also lowered the fuel surcharge for its service to Hawaii  3.75 percentage points, from 25.5 percent to 21.75 percent.

The last adjustment to Matson’s fuel surcharge was a 2 percentage point decrease in July.

Based in Oakland California, Matson is owned by Honolulu-based Alexander & Baldwin Inc.