Related Party Transactions:

3 Months Ended

Mar. 31, 2013

Related Party Transactions:

Related Party Transactions:

(9) Related Party Transactions:  Effective upon the completion of the Separation, Matson ceased to be a related party of the Former Parent Company.  Prior to the Separation, transactions with Former Parent Company were considered related party transactions, as discussed below.

Historically, the Company provided vessel management services to A&B for its bulk sugar vessel, the MV Moku Pahu, the income of which is included in ocean transportation.  Additionally, the Company expensed operating costs related to a lease for industrial warehouse space in Savannah, Georgia, that is leased from A&B.  The Company also recognized the cost for equipment and repair services to the vessel and other various services provided by A&B in operating costs.

The amounts of these related party transactions are as follows (in millions):

	Three Months Ended March 31,
	2013		2012
Vessel management services income	$	—	$	0.9
Lease expense to affiliate	—		(1.1		)
Equipment and repair services expense and other	—		(0.5		)
Related party expense, net	$	—	$	(0.7	)

Distributions to A&B for the proceeds from the issuance of capital stock of $12.8 million for the three months ended March 31, 2012, have been included in the Condensed Consolidated Financial Statements due to Matson being the successor company of the Former Parent Company for accounting purposes.  There have been no contributions in 2013.  Distributions from A&B of $12.5 million for the three months ended March 31, 2012 represent dividends paid by the Former Parent Company to its shareholders prior to the Separation and are reflected in the Condensed Consolidated Financial Statements due to Matson being the successor company of the Former Parent Company for accounting purposes.  There have been no distributions from A&B during 2013.