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April 25, 2015 8:17 PM ET

Marine

Company Overview of Matson Navigation Company, Inc.

Company Overview

Matson Navigation Company, Inc. provides ocean freight transportation services. The company offers ocean, intermodal, and logistics transportation services. It also provides containerized freight and automobiles services between the West Coast and Hawaii, and Guam and Mid-Pacific. In addition, it offers container stevedoring, and terminal and equipment maintenance services. The company also provides container and chassis leasing services. The company was founded in 1882 and is based in Oakland, California. Matson Navigation Company, Inc. operates as a subsidiary of Matson, Inc.

555 12th Street

7th Floor

Oakland, CA 94607

United States

Founded in 1882

Phone:

510-628-4534

Fax:

510-628-7380

Key Executives for Matson Navigation Company, Inc.

Chief Executive Officer and President
Age: 52
Vice President of Government and Community Relations
Vice President of Transpacific Services
Compensation as of Fiscal Year 2014.

Matson Navigation Company, Inc. Key Developments

Matson Navigation Company, Inc. Announces Executive Changes

Matson Navigation Company, Inc. announced that Chris Scott, currently director, Asia at Matson Navigation Company, will succeed Lauer as vice president, Transpacific services at Matson Navigation Company, effective March 31, 2015, as part of the transition plan. Chris Scott joined Matson in 1995 as a customer service representative in Phoenix.

Matson Navigation Company Inc. Pleads Guilty in Molasses Spill

Matson Navigation Company Inc. pleaded guilty plea on October 24, 2014 to criminal charges from a 1,400-ton molasses spill in Honolulu Harbor that killed more than 26,000 fish and other marine life, but federal judge wants to examine the legality of $600,000 in community service payments the company has agreed to pay. The company and federal prosecutors wanted to proceed immediately with sentencing, with both sides agreeing Matson would pay a $400,000 fine and give $600,000 to environmental organizations.

Matson Navigation Company, Inc. Enters into Settlement Agreement with United States of America and Mario Rizzo

On July 17, 2014, Matson Navigation Company, Inc. entered into a settlement agreement with the United States of America, acting through the United States Department of Justice and on behalf of the United States Surface Deployment and Distribution Command, and Mario Rizzo for the settlement of litigation relating to the company and its affiliates in the case entitled United States of America, ex rel. Mario Rizzo v. Horizon Lines, LLC et al. Under the terms of the settlement agreement, Matson Navigation has agreed to pay to the United States $9.0 million in full settlement of all claims in the litigation matter. Matson Navigation has also agreed to pay $950,000 to Rizzo for expenses and attorney's fees and costs. The parties to the settlement agreement have filed a joint stipulation of dismissal of the litigation matter with respect to the company and its affiliates and released each other from certain claims related to the litigation matter. The settlement agreement is not an admission of liability by the company or any of its affiliates.

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