Alexander & Baldwin (A&B), the NYSE-quoted owner of US liner company Matson Line, reported an increase in revenue for the second quarter of 2011.
The Honolulu-based company's revenue amounted to $488.2m compared with $396.8m for the same period in 2010.
The contribution from the shipping sector was $314.2 for Q2 compared with $257.2m in 2010.
This was despite a poor performance by its China to Long Beach Express container service (CLX2).
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