matson

Matson Cuts Fleet Emissions 25%, Invests in Fleet

Matson says it has reduced Scope 1 greenhouse gas emissions from its owned fleet by 25 percent since its 2016 baseline while continuing a US$1 billion investment in a new generation of LNG-ready containerships. The carrier's 2025 Sustainability Report shows Scope 1 emissions from owned vessels declined to 1.01 million metric tons of CO2 equivalent in 2025 from 1.34 million metric tons in 2016. The company attributes the improvement to greater ... [+]

Matson Raises Outlook as China Rates, Earnings

Matson reported sharply higher second-quarter earnings and raised its full-year outlook as stronger China service demand and freight rates more than offset softer volumes in Hawaii and Alaska. Net income rose to US$129.4 million from US$94.7 million a year earlier. Revenue increased 16.7 percent to US$969.4 million, while consolidated operating income ... [+]