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A lot of things are happening over here at Hawaiian Express Service. We also have
many new service features planned in our goal to continously provide you with exceptional
service. Please come back often to our news room to see what is happening at
Hawaiian Express Service, and in the industry.
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November 2008 — Hayward, CA
Steamship Lines Decreasing Their Fuel Surcharge for Hawaii Service
As a result of continuing declines in fuel prices, the steamship lines are lowering their fuel surcharge 4.5 percentage points for its Hawaii service, down to 15%, effective November 30, 2008.. Our new rates will reflect this change.
Matson is very pleased to be able make its third decrease in its fuel surcharge in the past month," said Dave Hoppes, senior vice president, ocean services. “Following an extended period in which oil costs hit historical record highs, it is encouraging to see this downward trend continue to be reflected in the prices the company is now paying for bunker fuel. While Matson has made a practice of giving 30 days notice of rate adjustments, we are again passing this decrease on to our customers as soon as possible so that they can quickly realize the benefits of this reduction during this difficult economic environment. For most customers, this represents a decrease in shipping costs ranging from $140 to $220 per container. We are hopeful this current trend will continue, resulting in further decreases. We will continue to monitor fuel costs and adjust the surcharge accordingly.
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November 2008 — Hayward, CA
Steamship Lines Decreasing Their Fuel Surcharge for Hawaii Service
As a result of continuing declines in fuel prices, the steamship lines are lowering their fuel surcharge by 2 percentage points for its Hawaii service, from 27 to 25 percent, and its Guam/CNMI and Micronesia service, by 2 percentage points, from 28.5 to 26.5 percent, effective November 2, 2008. Our new rates will reflect this change.
Matson is very pleased to be able make its third decrease in its fuel surcharge in the past month," said Dave Hoppes, senior vice president, ocean services. “Following an extended period in which oil costs hit historical record highs, it is encouraging to see this downward trend continue to be reflected in the prices the company is now paying for bunker fuel. While Matson has made a practice of giving 30 days notice of rate adjustments, we are again passing this decrease on to our customers as soon as possible so that they can quickly realize the benefits of this reduction during this difficult economic environment. For most customers, this represents a decrease in shipping costs ranging from $140 to $220 per container. We are hopeful this current trend will continue, resulting in further decreases. We will continue to monitor fuel costs and adjust the surcharge accordingly.
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September 2008 — Hayward, CA
Steamship Lines Decreasing Their Fuel Surcharge for Hawaii Service
As a result of recent declines in bunker fuel prices, the Steamship Lines have announced that they are decreasing their fuel surcharge for their Hawaii service by 4.75 percentage points, from 42.25 to 37.5 percent, and its Guam/CNMI and Micronesia service by 4.75 percentage points, from 43.75 to 39 percent, effective September 21, 2008.
"Matson is very pleased to finally have the opportunity to lower its fuel surcharge following an extended period of record high fuel related costs in the world oil market," said Dave Hoppes, senior vice president, ocean services. "While crude oil and gasoline prices began to decline in August, Matson's expenses for bunker fuel, which is used to power its fleet, continued to climb. Fortunately, Matson is now seeing the downward trend extend to bunker fuel costs, allowing the company to make this adjustment..." "We will continue to monitor fuel costs and adjust the fuel surcharge accordingly."
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January 2008 — Hayward, CA
Matson to Raise Fuel Surcharge for Hawaii, Guam and Micronesia Services
With fuel related costs reaching historical highs, Matson Navigation Company announced today that it is raising its fuel surcharge for its Hawaii service by 4.5 percentage points, from 33.75 to 38.25 percent, and its Guam/CNMI and Micronesia services by 6 percentage points, from 33.75 to 39.75 percent, both effective July 13, 2008. This is the first adjustment Matson has made to its fuel surcharge since April 6, 2008. While Matson has traditionally applied the same percentage fuel surcharge to all of its Pacific service, it is implementing a new program that recognizes that there are greater fuel requirements in serving the more geographically remote regions of Guam and Micronesia.
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January 2008 — Hayward, CA
Matson Raises Fuel Surcharge
Matson Navigation Company has announced they will be raising their Ocean Fuel Surcharge by two and a half percent for Hawaii and Guam destinations. This increase, from 29% to 31.5%, will be effective February 4, 2008. Accordingly, our Fuel Surcharge will increase to 31.5% as well. Horizon Lines has followed suit as well.
The Carriers indicate that this increase is necessary to offset a portion of rapidly increasing fuel costs. Historically, the ocean carriers have adjusted their fuel surcharges up or down based on established trends in oil prices. They continue to monitor fuel prices closely and adjust the surcharge as soon as price trends support the adjustment.
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November 2007 — Hayward, CA
Continued Surges in Fuel Costs Require the Steamship Lines to Revise Planned Increase in Fuel Related Surcharge by an Additional Three Percentage Points
With fuel related costs continuing to escalate to record highs, Matson Navigation Company and Horizon Lines announced today that it is revising its previously announced adjustment to its fuel related surcharge by increasing it by an additional three percentage points, and has postponed the effective date to December 14, 2007. The fuel related surcharge applies to the company's Hawaii, Guam/CNMI and Micronesia services. With the revised increase, Matson and Horizon's fuel related surcharge will increase by five percentage points, from 24 to 29 percent.
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August 2007 — Hayward, CA
Fuel Surcharge Rate Increase
The steamship lines announced a fuel surcharge rate hike from 22.5% to 24% effective August 20, 2007.
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