Matson makes fifth consecutive fuel surcharge decrease - Hawaii News Now - KGMB and KHNL

Matson makes fifth consecutive fuel surcharge decrease

HONOLULU (KHNL) - Matson is lowering its fuel surcharge for the fifth consecutive time. 

Due to the continuing decline in fuel prices, the company will decrease its fuel surcharge by 5.5 percentage points starting November 16, for its Hawaii service, from 25 percent to 19.5 percent and its Guam/Micronesia service from 26.5 to 21 percent.

For most customers, this represents an overall decrease in shipping costs ranging from $530 to $845 per customer.

"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 paying for bunker fuel," said Dave Hoppes, senior vice president, ocean services.

Matson's last adjustment to its fuel surcharge was a decrease of 2 percentage points on November 2.

Powered by Frankly