Pasha not hiking fuel surcharge Advertiser Staff and News Services
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Pasha Hawaii said yesterday that the company has no immediate plans to raise its shipping fuel surcharge for customers using its Hawai'i service.
Pasha's competitors, Matson Navigation Co. and Horizon Lines, in recent weeks announced increases in customer fuel surcharges to offset higher fuel costs.
Pasha carries cars, trucks and other oversized cargo between Hawai'i and California on its 579-foot transport ship, the MV Jean Anne.
FREE RENTAL CAR, GAS FOR GUESTS
Castle Resorts & Hotels is offering customers a free compact rental car and a free tank of gas when they book a stay at participating Castle properties.
Under the "T'anks Hawaii" promotion, which began yesterday and applies to travel completed by Dec. 15, refueling charges would be waived upon return of the vehicle. The promotion is aimed at but not restricted to local residents.
For more information, call (800) 367-5004.
OIL FUTURES RISE, INVENTORIES FALL
Oil prices rose by almost $2 a barrel yesterday after the government reported a drop in U.S. crude inventories last week, and analysts said they expect U.S. oil demand to increase as the nation recuperates from Hurricane Katrina.
Light, sweet crude for October delivery gained $1.98 to settle at $65.09 a barrel on the New York Mercantile Exchange.
October Brent crude futures on London's International Petroleum Exchange rose $1.76 to settle at $63.37 a barrel.
DISNEY'S MOVIE STUDIOS FLOP
Reacting to a flood of disappointing Miramax films and a crowded market for home DVDs, The Walt Disney Co. said yesterday that it expects its movie studios to post a quarterly loss of $250 million to $300 million.
Among the disappointing films have been "The Brothers Grimm," "The Great Raid" and "Underclassmen." A Touchstone Pictures title, "Dark Water," also fared poorly.
Sales of home DVDs are flat domestically, prices softened overseas, and peak selling periods narrowed as more DVDs, including older films, compete.
