Young Brothers Spending Big to Expand Services

HONOLULU (KHNL) - The state's largest inter-island cargo service is investing $186 million over the next ten years.

"Our vessel and facility are strained beyond capacity," says Glen Hong, Young Brothers president.

Young Brothers Limited says it needs to update its services in order to keep up with the growth on the neighbor islands.

"The plan will include a $129 million in new tugs and barges, $57 million in cargo handling equipment, new equipment and new facilities improvements," says Hong.

The inter-island cargo service is buying eight new barges, six tugboats, and more equipment. Information systems will be updated as well.

"They'll be able to track their cargo and check their invoices real time."

The newer barges will be able too hold much more, up to 500 cars.

"The new barges that we designed will have the capacity to meet today's cargo volumes as well as accommodate growth into the future," says Vic Angoco, Young Brothers vice president.

"Each barge will be able to hold 40% more cargo capacity than our current barges today," says Hong.

Young Brothers had 926 barge sailings last year an increase of 36% from 2000.

"This include significant improvements in Honolulu, Kahalui, Hilo, Kawaihae, as well as some improvements in Wiliwili, Molokai and Kaunakakai."

The first new barge is expected to be in operation by the end of this year. The first new tug will be delivered by 2008.