FACILITIESRENEWED

City of Kodiak Regular Council Meeting Agenda 2026-05-28

Kodiak Renews 5-Year Pier III Use Agreement with Matson

Approximately $365,303.52 for first year plus wharfage and dockage fees at agreement rates; monthly payment starts at $30,441.96/year 1 and escalates annually until 2031City of KodiakMATSON NAVIGATION COMPANY OF ALASKA LLCMay 28, 2026

Trusted by teams at

Description

The City of Kodiak renewed its Preferential Use Agreement with Matson Navigation Company of Alaska LLC for Pier III, securing container shipping services for 5 years. The agreement generates an estimated $365,303.52 in first-year revenue plus fee escalators over the term. Matson retains preferential berthing and storage rights with significant operational obligations.

Contract Details

Contract Amount

Approximately $365,303.52 for first year plus wharfage and dockage fees at agreement rates; monthly payment starts at $30,441.96/year 1 and escalates annually until 2031

Vendor

MATSON NAVIGATION COMPANY OF ALASKA LLC

Agency

City of Kodiak, AK

Contract Type

FACILITIES

Document Date

May 28, 2026

Contract Term

July 1, 2026 – June 30, 2031 (5 years)

Renewal Date

2031-06-30

Renewal Info

Agreement renews previous lease under new five-year term, with annual escalators. Early termination by either party possible with 30 days' notice. Previous agreements with Horizon Lines and Matson since at least 2015 are referenced.

More from MATSON NAVIGATION COMPANY OF ALASKA LLC