Matson - Horizon Lines -- Who swallowed the Whale?
1. MATSON HORIZON ACQUISITION
“The acquisition of Horizon represents a natural geographic
expansion of our platform, allowing us to grow and enhance our
revenue by approximately $330m per year, further positioning us as
the leading Jones Act ocean carrier in the Pacific.”
--- Matson Chief Executive Matt Cox
Source: Hurme, Peter. "Consolidation in US Domestic Trades as Jones Act Comes under
Pressure." Lloyd's List [London] 06 Feb. 2015: 1-3. Web. 13 May 2016.
http://cargologisticsamerica.com/wordpress/wp-content/uploads/2015/02/CLA-
Newsletter-150210-Containerisation-Newsflash1.pdf
WHO SWALLOWED THE WHALE?
VESSELS ACQUIRED AS PART OF THE HORIZON ACQUISITION ON MAY 29, 2015
MATSON SEC Form 10K And Annual Report Filed: February 26, 2016, Page 3
http://investor.matson.com/secfiling.cfm?filingID=1104659-16-100342&CIK=3453
USCG VESSEL DOCUMENTATION
Vessel Name: HORIZON ANCHORAGE USCG Doc. No.: 910306
Vessel Service: FREIGHT SHIP IMO Number: 8419142
Trade Indicator:
Coastwise Unrestricted,
Registry
Call Sign: KGTX
Hull Material: STEEL Hull Number: 735
Ship Builder: * Year Built: 1987
Length (ft.): 678.9
Hailing Port: PHILADELPHIA PA Hull Depth (ft.): 46.3
Owner:
HORIZON LINES ALASKA
VESSELS LLC
555 12TH STREET
OAKLAND, CA 94607
Hull Breadth (ft.): 78
Gross Tonnage: 19311
Net Tonnage: 14112
Documentation Issuance Date: February 08, 2016
Documentation Expiration
Date:
February 28, 2017
Previous Vessel Names: SEA-LAND ANCHORAGE Previous Vessel Owners:
TRUST AGREEMENT DTD
7/15/87
TRUST AGREEMENT DTD
7/15/87
SEA-LAND ANCHORAGE
TRUST AGREEMENT DTD
7/15/87