Horizon Lines to buy Hawaii Stevedores
U.S. Jones Act carrier Horizon Lines Inc. has reached an agreement to purchase Honolulu-based Hawaii Stevedores Inc. for an undisclosed amount.
HSI has operations in all of the commercial ports on Oahu and the island of Hawaii. Pending due diligence, the company will operate as a subsidiary of Horizon Lines with all stevedoring and labor contracts maintained.
“We have enjoyed a great relationship with HSI and believe this move will place both companies in the best position to grow with the Hawaiian markets,' said Mar Labrador, Horizon Lines' vice president and general manager, Hawaii and Micronesia division.
Horizon Lines to buy Hawaii Stevedores
