The Pasha Group, a family-owned global logistics and transportation company, today announced an agreement to acquire the Hawaii trade-lane business of Horizon Lines, Inc., a Jones Act container shipping and integrated logistics company, for approximately $141.5 million. The transaction will greatly expand and complement Pasha’s current offerings for shipping between the mainland United States and Hawaii.
In anticipation of the M/V Marjorie C entering service later this year, our
To our valued clients, colleagues and many friends, it is with deep regret that I must share with you the news that our Chairman, George W. Pasha, III, left us August 20, 2014 after a brief illness. In 1960, when he joined the company founded by my grandfather in 1947, he immediately put his entrepreneurial spirit into action, eventually creating the global transportation and logistics company that exists today as The Pasha Group. The diversity and success of the company’s operations is the result of his vision, as is our reputation as a leader in our industry.
On May 20, Guinness World Record Ocean Rowers, Angela Madsen (U.S.) and Tara Remington (New Zealand) set out from Long Beach, California, rowing the 19-foot Spirit of Orlando more than 2,500 miles to Honolulu, Hawaii. Today, Pasha Hawaii is bringing the rowboat back to California aboard the M/V Jean Anne.
“These two inspiring women rowed nonstop without a support boat for 60 days to the finish,” said George Pasha, IV, President and CEO. “We are honored to ship the boat back home for them.”
Photo by Rick Helf
We are pleased to report that Tropical Storm Julio has weakened and is now northwest of both the Islands and our vessel.
Hurricane Iselle was downgraded to a tropical storm just before 11 p.m. HST. She became the first tropical storm in 22 years to hit Hawaii, making landfall on the Big Island with winds of 60 mph.
As Hurricanes Iselle and Julio approach the Islands, our first concern is that our families and friends take all necessary precautions to remain safe throughout the storms, including stocking up on emergency supplies.
Hawaii Business Founders & Visionaries
George W. Pasha III after graduating from the University of San Francisco became his father’s business partner. In the 1940s, Pasha’s father opened an auto service and repair station where he also stored vehicles for military personnel stationed overseas.
At a November 13 ceremony at the Ronald Reagan Building in Washington, D.C., the Chamber of Shipping of America (CSA) presented 2013 Environmental Achievement Awards to those vessels that have achieved environmental excellence for at least a two-year period. Once again, Pasha Hawaii's Jean Anne received this distinguished honor. Since the vessel's eligibility in 2009, the company has been recognized three times for this award.