Matson expects its fleet of 15 small container ships to earn spot rates next year that will exceed those estimated by the Shanghai Container Freight Index (SCFI), given their speed and efficiency.
The Hawaii-based owner and container liner operator made the confident prediction after reporting third-quarter earnings of $120m on Monday, which was at the high end of guidance released a week earlier but did not come close to the $266m in net income a year earlier.
