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Matson to launch first of three new LNG-ready containerships in 2027, boosting Hawaii and China-Long Beach routes.

Company Fundamentals
12 Oct 2026
PRNewsWire
View Source
Bullish
Matson to launch first of three new LNG-ready containerships in 2027, boosting Hawaii and China-Long Beach routes.

Matson, a leading U.S. Pacific carrier, christened the first of three new containerships named 'Makua' at Hanwha Philly Shipyard, marking a $1 billion investment. These LNG-ready vessels, matching the size and speed of Matson's fastest Aloha Class ships, will enhance capacity and efficiency on Hawaii and China-Long Beach Express routes. The new ships, scheduled for delivery between early 2027 and mid-2028, support American shipbuilding jobs and aim to improve on-time deliveries with advanced green technologies. Matson plans to name the other two ships 'Malama' and 'Makena,' continuing its tradition of Hawaiian vessel names.

Matson Inc (MATX) holds a market cap of $6.75 billion and an enterprise value of $7.35 billion as of Oct 13, 2026, 04:11 WIB. The stock price on Pluang is USD 228.17, up 1.11% on the day, reflecting steady investor interest in the company amid its $1 billion investment in new LNG-ready vessels. Trading volume stands at 194,840 shares, with typical investors holding the stock for about 24 days, indicating moderate trading activity and engagement.

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