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(Full text of a statement. Contact details below.)
OAKLAND, Calif.--(BUSINESS WIRE)--Sept.
29, 2006--Matson Navigation Company, Inc.
(Matson) announced today that it has signed a $17 million contract with Atlantic Marine Alabama, LLC to perform work related to the conversion of Matson's C-9, MV Mokihana, to a combination roll-on/roll-off (ro-ro) and container vessel.
Modification work on the 2,800 TEU containership will commence in April 2007 at Atlantic Marine's shipyard in Alabama, with delivery scheduled for June 2007.
"The conversion of the Mokihana will increase Matson's ro-ro capacity in our Hawaii service by 35 percent," said Dave Hoppes, senior vice president, ocean services.
"It will help further Matson's objective of providing our auto customers with the two features they prefer: frequency of service and ro-ro capacity.