Matson Results Presentation Deck
18
Capital Expenditures Update
($ in millions)
Maintenance and
other capital
expenditures
New vessel
construction
milestone payments
and related costs
LNG installations and
reengining on existing
vessels
Total
FY 2023
$80-90
$55
$60-65
$195 - 210
Fourth Quarter 2022 Earnings Conference Call
FY 2024 FY 2025
$80-90
$80-90
$75
$50 - 55
$205 - 220
$360
$440 - 450
Comments
Includes Phase II and III work at Sand Island, Honolulu
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Cash on deposit in CCF to pay for milestone payments
in 2023 through 2025
Includes owner's items and capitalized interest expense
Daniel K. Inouye LNG install started in early 1Q23 and
expected to last ~5 months (current estimated total cost
-$35 million)
Re-engine Manukai to operate on LNG and
conventional fuels (current estimated total cost - $60
million) - currently scheduled following Daniel K. Inouye
install and to take ~1 year to complete
Kaimana Hila LNG install currently expected to start in
2Q24 and last ~5 months (current estimated total cost
-$35 million)
Matson.View entire presentation