Matson Navigation, Hawaii's largest shipping company, settled contract agreements with three of its unions on Monday.
Matson said the five-year agreements cover 200 unionized positions with the Seafarers International Union-Marine Cooks, the Sailors Union of the Pacific, and the Marine Firemen, Oilers, Watertenders and Wipers Association.
The previous contracts were set to expire Monday. In mid-June the Sailors Union authorized its leadership to call a strike.
Matson, owned by Honolulu-based Alexander & Baldwin Inc. (Nasdaq: ALEX), handles about 70 percent of ocean freight to and from Hawaii faxless payday loans.
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