Young Brothers 46% rate increase approved by PUC

Coronavirus

HONOLULU (KHON2) — The Public Utilities Commission has approved Young Brother’s emergency request to increase rates by 46% with conditions.

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The shipping company must resume the full pre-COVID-19 sailing schedule by Sept.1 which will restore an additional sailing from the ports of Hilo and Kahului to Honolulu.

Young Brothers also must provide six-months advance notice to the PUC and the state if it decides to discontinue regulated inter island service in the future.

They must undergo a financial and management audit.

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