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MATSON REVISES HAWAII SERVICE

MATSON REVISES HAWAII SERVICE

   Matson Navigation Company, Inc. (Matson) is reducing its Hawaii Service fleet from eight to seven ships, beginning in early December. The revised fleet schedule is in response to the recent economic downturn.

   Matson will offer seven arrivals from the U.S. Mainland every 14 days, providing the state with a total of 182 round-trip voyages annually.

   Matson is a wholly owned subsidiary of Alexander & Baldwin, Inc. of Honolulu.