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Positive long-term capacity and reliability improvements from new ships; near-term impact limited to 2027–2028 deliveries, but strengthens MATX's competitive position in Hawaii and CLX routes.
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Matson christened Makua, the first of three LNG-ready Aloha Class vessels built by Hanwha Philly Shipyard for Hawaii and China-Long Beach Express routes. Valued at about $1 billion, the trio will replace older ships, boosting capacity to 3,600 TEU and top speeds near 24 knots, with deliveries through 2027–2028 and substantial U.S. mariner job opportunities over each ship’s lifespan.
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