Matson is running its eye over US cabotage markets outside its core boxship and ro-ro containership (conro) segments as a potential source of fleet growth.
Finance chief Joel Wine told analysts that the company, which owns primarily US-flag tonnage in the Pacific, could invest in other ship categories in the trades protected by the Jones Act “over the long haul”.
“There is no question that we watch that market closely and we’ll be developing, over time, more of a point of view on different Jones Act markets,” he said, referring to trades that are guaranteed to US-flag ships built in domestic yards and owned by US companies.
However,
