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MATSON TO INCREASE FUEL SURCHARGE

MATSON TO INCREASE FUEL SURCHARGE

   Matson Navigation Co. said it’s increasing its fuel surcharge from 1.75 percent to 2.25 percent in its Hawaii and Guam services, effective Feb. 20.

   Matson said the “average price per barrel of bunker fuel has more than doubled since January 1999, with most of the increase occurring in the past six months.

   Matson’s 1.75-percent surcharge was implemented Oct. 11.