Marine Log

April 11, 2006

Hawaii operator to add tugs, barges

Young Brothers, Limited, Hawaii's largest inter-island cargo provider, says it will spend $186 million over the next 10 years for eight new barges, six tugboats, containers, cargo handling equipment, and information systems.

"We have great confidence in Hawaii and are investing in the state's future," said Young Brothers President Glenn Hong.

"With increased cargo needs to and from the neighbor islands," he said," we are planning to construct barges that will be able to carry 40 percent more cargo. The barges will be paired with tugs that are more powerful for better schedule reliability. The tugs will consume less fuel and substantially reduce emissions."

"We are partnering with the state on plans to improve facilities in Honolulu, Kawaihae, Kahului, and development of a new Hilo pier," he added.

The first new barge is being designed and is expected to be in operation by the end of this year. The first new tug will be delivered by 2008.

"The first barge is a specialized roll-on/roll-off barge that will have the capacity to carry more than 500 cars and is enclosed to protect automobiles from the sea spray and salt air," said Young Brothers Vice President and General Manager Vic Angoco.

"In addition to providing better protection for the automobiles, having a dedicated roll-on/roll off barge will significantly enhance service by doubling capacity, reducing overall transit times, and improving customer satisfaction" Angoco added.

In 2005, YB had 926 barge sailings, an increase of 36 percent over the 683 sailings in 2000.

"We are currently revamping our freight information systems to provide customers real time freight and invoice data with on-line access and container tracking capability. The system will be in place by January 2008," Angoco said.

In addition to barges, tugboats and information systems, Young Brothers plans to purchase more refrigerated and dry containers, hi-lifts, chassis, and platforms.

Young Brothers has been serving Hawaii since 1900.

It provides interisland cargo service throughout the State of Hawaii with ports in Honolulu, Maui, Molokai, Lanai, Nawiliwili, Hilo and Kawaihae.

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