Matson (MATX) Inks Con-Ro Ships Construction Contract with NASSCO
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Matson Signs Contract With NASSCO To Build Two New Con-Ro Ships For Hawaii Service
August 25, 2016 4:08 PM EDTHONOLULU, Aug. 25, 2016 /PRNewswire/ --Â Matson, Inc. ("Matson"; NYSE: MATX) today announced that its subsidiary, Matson Navigation Company, Inc., a leading U.S. carrier in the Pacific, has signed a contract with General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), to build two new combination container and roll-on/roll-off ("Con-Ro") vessels for its Hawaii fleet at a contract price of $511 million for both vessels with deliveries scheduled for the end of 2019 and mid-year... More
