May 15, 2020 Fuel Related Surcharge Reduction – Hawaii / Guam / Micronesia May 15, 2020 Valued Customers of Hawaiian Ocean Transport, Inc., please view the latest announcement from Matson: Due to further reductions in fuel prices, Matson will decrease its fuel related surcharge by three percentage points, effective this Sunday, May 17, 2020. The surcharge for Hawaii service will be reduced from 33% to 30%; for Guam/CNMI service, it will be reduced from 34% to 31%; and for Micronesia service, it will be reduced from 38% to 35%. Matson is continuing its longstanding practice of giving its customers 30 days’ notice for upward rate adjustments, and passing along decreases as soon as possible. As always, we will continue to closely monitor trends in fuel costs and adjust the surcharge accordingly. Thank you for your business. Hawaiian Ocean Transport, Inc. A Subsidiary of Odyssey Logistics & Technology Corporation