Matson Takes Delivery Of First Aloha Class Vessel

Largest Containership Built in U.S. Will Serve Hawaii

PHILADELPHIA, Oct. 31, 2018 /PRNewswire/ -- Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today took delivery of the first of two new Aloha Class containerships built for Matson'sHawaii service at Philly Shipyard.

Matson Logo. (PRNewsFoto/Matson)

Christened 'Daniel K. Inouye' in honor of Hawaii's late senior U.S. Senator, the vessel is the largest containership ever built in the United States.  Weighing in at over 51,400 metric tons, the 850-foot long and 3,600 TEU* capacity Daniel K. Inouye is Matson's largest ship and also its fastest, with a top speed in excess of 23 knots.

"This new ship, our fifth delivered by Philly Shipyard, is the product of a great partnership with the Philly team in designing and constructing a new class of containership that will set a new standard for cargo delivery in the Hawaii trade," said Ron Forest, President of Matson.

The ship will embark on its 5,298-mile, 13-day maiden voyage to Oakland, California via the Panama Canal on Wednesday, November 7 before entering commercial service on November 22.  After a port call at Long Beach, the new vessel will make its first call at Honolulu on the morning of November 28.

More information on Daniel K. Inouye and Matson's fleet modernization program is available at www.Matson.com .

* Twenty-foot Equivalent Units, the standard unit of measurement for container capacity

About Matson

Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services.  Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia.  Matson also operates a premium, expedited service from China to Southern California and provides services to Okinawa, Japan and various islands in the South Pacific.  The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges.  Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout the continental U.S.  Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska.  Additional information about the Company is available at www.matson.com

Matson Investor Relations inquiries:

Matson News Media inquiries:


Lee Fishman

Keoni Wagner


Matson, Inc.

Matson, Inc.


510.628.4227

510.628.4534


lfishman@matson.com

kwagner@matson.com


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SOURCE Matson, Inc.