Pasha Group Completes Acquisition of Horizon’s Hawaii Business
The logistics company will expand its Ro/Ro as well as its dry and refrigerated container capabilities through its new acquisition.
The Pasha Group, a Jones Act shipping and integrated logistics company, has completed its acquisition of the Hawaii trade-lane business of Horizon Lines, Inc. The Pasha Group has served the Hawaii market for more than 50 years, adding roll-on/roll-off liner services between the Mainland and Hawaii in 2005.
Pasha Hawaii assumes operations for all of Horizon’s Hawaii business, including its four U.S.-flag container ships serving the Hawaii trade lane. The acquisition also includes Horizon subsidiaries Hawaii Stevedores, Inc.; the California-based operations of Sea-Logix, LLC, which provides trucking services; and Sunrise Operations, a subsidiary that includes Horizon’s Hawaii trade-lane vessels and employees.
Horizon’s Hawaii business will operate alongside Pasha Hawaii’s existing operations, which include Pasha’s two Jones Act-qualified vessels, the M/V Jean Anne and the new M/V Marjorie C¸ which entered service on May 7, 2015. The expansion allows Pasha to provide customers with expanded services of dry and refrigerated containers and a variety of roll-on/roll-off cargoes.
“Since Pasha entered the Hawaii liner-shipping business ten years ago, we strive to deliver quality shipping options for our commercial and military customers. In 2015, we strengthen that commitment with the deployment of our new tonnage in the Marjorie C and the acquisition of Horizon’s Hawaii service capabilities,” says George Pasha IV, president and CEO of The Pasha Group.