This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Matson Receives Second Benkert Award For Environmental Excellence From U.S. Coast Guard

Stocks in this article: ALEX

"When we were first honored with the Benkert Award in 2006, Matson and SSA Terminals had just signed a new 'green port' lease agreement with the Port of Long Beach, which involved a commitment to reduce air emissions in port by shutting off our vessel diesel generators and plugging into the local electrical grid, a process called cold ironing," said Ron Forest, senior vice president, operations.  "This technology set a new standard for terminal leases in Long Beach. Because the concept of using a dockside electrical infrastructure to power ships while in port was new, the project involved innovative engineering work. By the end of this year, all of Matson's motor ships that call Long Beach will plug in -- making our terminal facility a 100% cold ironing operation, far ahead of the regulations set by the California Air Resources Board."

"Matson also has learned through experience about the power of partnerships in developing new processes and technologies that advance marine environmental protection," said Paul Londynsky, vice president, safety, quality and environmental affairs (SQE). "We have a longstanding and successful relationship with the California State Lands Commission in addressing issues related to invasive species and ballast water management.  We have also partnered with the U.S. Coast Guard in testing a ballast water treatment system on one of our vessels.  The success of that project led to Matson having one of the first ships to receive approval for the testing under the Coast Guard's Shipboard Technology Evaluation Program."

Cox commended Matson's SQE and vessel operations departments for this distinguished achievement, and also credited the efforts of Matson personnel throughout the organization: "Our success in achieving a leadership role in marine environmental initiatives can be directly attributed to Matson's 'green' culture.  All Matson employees, both offshore and shoreside, are part of our environmental management system.  Our own internal surveys of employees have shown a high awareness of Matson's green programs and environmental objectives, and the support our personnel demonstrate for these initiatives is remarkable.  This honor is a source of pride for all of us at Matson."

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs