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Saturday, January 27, 2018

TOTE Places Hawaii Plans on Hold, Cancels Ship Purchases

By News Release @ 1:08 AM :: 7020 Views
 

TOTE Update on Hawai’i Plans

Updates required at Hawai’i Terminals would prevent TOTE from entering Hawai’i trade in 2020/2021

News Release from TOTE, January 26, 2018

Honolulu, HI – TOTE announced today that its plans to enter the Hawaiian to mainland service are on hold as a result of its Phase 1 technical review of Piers 1 and 2 in Honolulu Harbor.

In September 2017, the Hawai’i Department of Transportation earmarked for TOTE access to Honolulu Piers 1 and 2 and exclusive use of the adjacent 45 acres beginning in 2020, to coincide with TOTE’s new service to Hawai’i. TOTE subsequently conducted a preliminary study of the site’s infrastructure which indicated that upgrades and improvements will be required to accommodate the new operations.

Due to the scope and timing of the upgrades and improvements, TOTE will not renew the letter of intent (LOI) with Philly Shipyard that expires on January 31, 2018.

TOTE continues to be open to working with the Hawai’i Department of Transportation to update plans and a timeline for access to a Honolulu deep water terminal that would allow commencement of TOTE’s service to Hawai’i.

TOTE remains committed to being a leader in the U.S. shipping industry and seeking new ways to innovate while ensuring customer service that meets the needs of its clients and the communities it serves.

-30- 

AS: TOTE cancels plan to launch U.S. mainland-Hawaii service

TT: New Hawaii Cargo Shipping Service is a No-Go 

ME: TOTE Cancels Plans for U.S. Mainland-Hawaii Service

SA: New Hawaii shipping service is a no-go -- "the plan stemmed from 'desperate measures' by Philly Shipyard to keep its shipyard open."

JOC: TOTE halts plans for Hawaii expansion, new ships 

S247: TOTE pulls-the-plug-on Hawaii service-plans-and Philly Shipyard-boxship-order

PBN: Matson, Pasha avoid ‘pricing war’ after TOTE halts plans for Hawaii-Mainland route

MLP: TOTE Places Hawaii Plans on Hold 

SA: Two years for the state to rejigger a sizable project? Talk about wishful thinking.

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