The JOC reports that Horizon’s exit from the Guam trade will leave Matson Navigation as the only U.S.-flag carrier between the U.S. mainland and Guam.
The last eastbound voyage on Horizon’s trans-Pacific service is scheduled to depart Shanghai on Nov. 2. The final westbound sailing to Guam and surrounding islands is set to depart the West Coast on Nov. 10.
The company, in the midst of a broad restructuring after steep financial losses in the past year, said it expects to cease all operations related to its trans-Pacific service during the fourth quarter and will seek the subcontract the five chartered ships it has used in the service.