BizzBuzz for Sunday — September 07, 2003

• Century 21 to move to Kapa‘a

• Break Time is open for business

• Matson to increase fuel surcharge

Century 21 to move to Kapa‘a

The Century 21-All Islands Kilauea office will be moving to Kapa‘a on Sept. 13 and 14.

“We have been looking at the East side (of the island) for a while now,” said Kilauea Century 21 Sales Manager Gary Petrison. “We felt that we don’t have a presence there.”

Currently, Century 21-All islands has three offices across the island. In addition to the new Kapa‘a location, there is an office in Princeville and Po‘ipu.

“The proximity of the Princeville and Kilauea offices didn’t really work out well for us, although the sales numbers were good at both locations.”

The new location for the Kapa‘a office will be at the Old Kahn Gallery located in the Kaua‘i Village Shopping Center.

Three real estate companies have spent time at the Kilauea location. Century 21-All Islands was at the location starting June 2001.

It is still unclear as to what business, if any, will move into the Kilauea space once Century 21-All Islands moves out.

Break Time is open for business

The Break Time Billiards pool hall is now open from noon to midnight seven days a week.

The hall is located at 4901 Kuhio Highway in Kapa‘a in the Waipouli Town Center. The business is owned and operated by James McDermott, who is also a licensed tattoo artist and real estate agent for Prosser Realty.

There are 10 tables in the business along with videogames, a big screen television, music and pool accessories.

McDermott also offers cue repair at the hall.

“This is a safe place for kids and others that enjoy the game of pool,” McDermott said.

McDermott also wanted to stress that liquor is not available at the hall although people can purchase sodas.

For more information about the business, call McDermott at 821-6900.

Matson to increase fuel surcharge

SAN FRANCISCO — Due to dramatic increases in fuel prices, Matson Navigation, Inc. (Matson) on Wednesday announced that it is raising its fuel surcharge from 6.5 to 7.5 percent in its Hawai‘i and Guam services effective Sept. 15.

“As anyone who drives a car is well aware, fuel prices have been rising steadily in recent months,” said Dave Hoppes, vice president of ocean services. “For transportation companies, the costs are especially significant. Matson burns approximately 1.9 million barrels of fuel annually.

For every dollar increase per barrel of bunker fuel, Matson experiences an approximate $1.9 million increase in annual operating costs. We cannot continue to absorb these additional fuel-related operating costs. We will continue to monitor fuel costs and adjust the surcharge accordingly.”

Historically, Matson has adjusted its fuel surcharges up or down based on established trends in oil prices.

In may of 2003, Matson lowered its fuel surcharge from 7.5 percent to 6.5 percent, based on downward trends in oil prices.


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