Pasha Hawaii Transport Lines Announces Fuel Surcharge Adjustment

Tuesday, May 9, 2006

HONOLULU – – Pasha Hawaii Transport Lines (PHTL) announced today it will increase the fuel surcharge in its Hawaii service from 9.2 percent to 18.5 percent, effective May 29, 2006. This action is PHTL’s first increase since it successfully launched its new roll-on/roll-off service more than a year ago, in March 2005. The adjustment was necessitated by the dramatic rise in bunker fuel prices over the past year and the effect it has had on PHTL's operating costs.

"This modification is consistent with those already announced by PHTL’s primary competitors in the trade, who have raised their prices several times over the past year," said George Pasha IV, president of Pasha Hawaii Transport Lines.

"This is the first price adjustment we have made in over a year of service to Hawaii."

The new rate to ship privately owned vehicles to or from Hawaii on PHTL will be $975. Pasha Hawaii's 579-foot transport ship, the MV Jean Anne, is a pure car truck carrier (PCTC), the only vessel of its kind that operates between Southern California and Hawaii. This modern design, preferred by major shippers of automobiles, is environmentally friendly and fuel efficient. The Jean Anne calls every two weeks in Hilo, Kahului and Honolulu, with an additional stop in Nawiliwili every four weeks or as needed. Its main cargo includes new and personally owned vehicles, household goods, construction equipment, buses, trucks, and other oversized cargo.