Taxonomy: Infrastructure

Matson takes delivery of three new cranes

The cranes are part of a $60 million terminal expansion and modernization project at its Honolulu hub.

Matson takes delivery of three new cranes

The cranes are part of a $60 million terminal expansion and modernization project at its Honolulu hub.

Matson takes delivery of three new cranes

The cranes are part of a $60 million terminal expansion and modernization project at its Honolulu hub.

 

   Pacific shipping company Matson Inc. took delivery over the weekend of three 65 long-ton capacity gantry cranes at its Honolulu hub terminal at Sand Island.
    The cranes, built by Mitsui Engineering & Shipbuilding, were purchased in 2017 and are expected to go into service in the third quarter. They are part of a multiyear, $60 million terminal expansion and modernization project at Matson’s hub, which includes the upgrading of three existing cranes and a 30 percent expansion of its waterfront space.
    The terminal expansion and improvements to the gate, container yard, electrical system, cargo identification technology and other equipment are expected to be completed next year, according to Matson’s website. The project is tied to the deployment of four new ships between 2018 and 2020.
    Matson christened the 3,600-TEU containership Kaimana Hila last month, and it is expected to enter service later this month. Its sister ship, Daniel K. Inouye, went into service in November.

   Two additional ConRo ships — Lurline and Matsonia — are expected to be completed by the first quarter of 2020.
    The new cranes, which weigh about 1,290 tons each, will enable full service of the company’s new, larger ships, Matson said.
    Matson reported an 8.6 percent increase in operating revenue in 2018 to $2.2 billion, but its net income dropped to $109 million in 2018 from $232 million the previous year.

We’re spending about $15 billion a year more from the [federal highway] trust fund than we’re bringing in revenue, and that kind of imbalance between revenue and spending can’t continue.
 

The ports of Los Angeles and Long Beach both reported the busiest Aprils in their ports history with Los Angeles handling 736,466 TEUs and Long Beach moving 628,121 TEUs.

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Matson takes delivery of three new cranes

The cranes are part of a $60 million terminal expansion and modernization project at its Honolulu hub.

Apr 16, 2019 on Dec 27, 2018AmericanShipper.com

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Matson takes delivery of three new cranes

The cranes are part of a $60 million terminal expansion and modernization project at its Honolulu hub.

Apr 16, 2019 on Dec 27, 2018AmericanShipper.com