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PR Newswire
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Container Cranes Arrive in Guam

PITI, Guam, Feb. 8 /PRNewswire-FirstCall/ -- Three gantry cranes purchased jointly by Horizon Lines, Inc. and Matson Navigation Company arrived today at the Port of Guam. The two U.S. Jones Act container carriers acquired the cranes from the Port of Los Angeles in 2008 and have retrofitted and modified the cranes to enhance their productivity and handling capabilities.

The cranes, which are used in ports to lift shipping containers on and off container vessels, are scheduled to be installed at the Port of Guam over the next month and are anticipated to be operational by the end of March. The joint investment by Horizon Lines and Matson will help to ensure that Guam is equipped with modern, reliable transportation infrastructure that can support projected growth in cargo volumes over the next decade.

"Today's arrival of three new cranes further demonstrates the cooperative support Horizon Lines and Matson continue to provide for Guam's economic development," said Mar Labrador, Horizon Lines Senior Vice President and General Manager, Hawaii/Guam and Micronesia Division. "The anticipated capacity and efficiency gains achieved through a combination of new container cranes and new vessel tonnage will deliver improved service levels for customers throughout Guam, Saipan and Micronesia."

The cranes are equipped with state-of-the-art electronic control drives and modern diesel generator power packs. Other upgrades include lifting beams capable of handling 45-foot containers and new disc-style main function brakes. Fully assembled, the cranes are over 160-feet tall and have a lift height of over 90 feet.

About Horizon Lines

Horizon Lines, Inc. is the nation's leading domestic ocean shipping and integrated logistics company comprised of two primary operating subsidiaries. Horizon Lines, LLC owns or leases a fleet of 21 U.S.-flag containerships and 5 port terminals linking the continental United States with Alaska, Hawaii, Guam, Micronesia and Puerto Rico. Horizon Logistics, LLC offers customized logistics solutions to shippers from a suite of transportation and distribution management services designed by Aero Logistics, information technology developed by Horizon Services Group and intermodal trucking and warehousing services provided by Sea-Logix. Horizon Lines, Inc. is based in Charlotte, NC, and trades on the New York Stock Exchange under the ticker symbol HRZ.

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