Matson Results Presentation Deck
16
Update on New Vessel and LNG Projects (continued)
• Three new Aloha Class vessels and LNG projects are important steps
towards achieving Matson's 2030 greenhouse emissions goal
- Reduce Scope 1 greenhouse gas emissions from owned fleet by 40% by
2030 using a 2016 baseline
• LNG installation projects on Daniel K. Inouye (DKI) and Manukai remain
on track
- Daniel K. Inouye: current estimated total cost ~$35 million
- Manukai: current estimated total cost ~$60 million
Moving forward with LNG installation project on Kaimana Hila (KMH)
- Current estimated total cost on KMH is $35 million
- Currently scheduled to enter dry-dock in 2Q24 and for install work to last
- 5 months
• Continue to evaluate LNG installation projects on Lurline and Matsonia
- If move forward, installations would be in 2024 and 2025
- Current estimated total cost on both Kanaloa Class vessels is ~$85 million
Third Quarter 2022 Earnings Conference Call
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