<SEC-DOCUMENT>0001225208-12-015950.txt : 20120705
<SEC-HEADER>0001225208-12-015950.hdr.sgml : 20120704
<ACCEPTANCE-DATETIME>20120705171349
ACCESSION NUMBER:		0001225208-12-015950
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120626
FILED AS OF DATE:		20120705
DATE AS OF CHANGE:		20120705

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			O'Rourke Kevin C
		CENTRAL INDEX KEY:			0001552601

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34187
		FILM NUMBER:		12948866

	MAIL ADDRESS:	
		STREET 1:		555 12TH STREET
		CITY:			OAKLAND
		STATE:			CA
		ZIP:			94607

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Matson, Inc.
		CENTRAL INDEX KEY:			0000003453
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER TRANSPORTATION [4400]
		IRS NUMBER:				990032630
		STATE OF INCORPORATION:			HI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		822 BISHOP STREET
		STREET 2:		PO BOX 3440
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96801
		BUSINESS PHONE:		8085256611

	MAIL ADDRESS:	
		STREET 1:		822 BISHOP STREET
		STREET 2:		PO BOX 3440
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96801

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALEXANDER & BALDWIN INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>doc3.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2012-06-26</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000003453</issuerCik>
        <issuerName>Matson, Inc.</issuerName>
        <issuerTradingSymbol>MATX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001552601</rptOwnerCik>
            <rptOwnerName>O'Rourke Kevin C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1411 SAND ISLAND PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HONOLULU</rptOwnerCity>
            <rptOwnerState>HI</rptOwnerState>
            <rptOwnerZipCode>96803</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>SVP &amp; Chief Legal Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5013.0000</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>21435.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Family Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Common Stock Equivalent Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.0000</value>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3396.1790</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>33.0200</value>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2011-01-27</value>
            </exerciseDate>
            <expirationDate>
                <value>2020-01-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>9651.0000</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>40.6300</value>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2012-01-26</value>
            </exerciseDate>
            <expirationDate>
                <value>2021-01-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>7567.0000</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>44.4450</value>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2006-01-26</value>
            </exerciseDate>
            <expirationDate>
                <value>2015-01-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3500.0000</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>45.3800</value>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2009-01-30</value>
            </exerciseDate>
            <expirationDate>
                <value>2018-01-29</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6766.0000</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>46.2700</value>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2013-01-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2022-01-24</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8450.0000</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>48.1900</value>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2008-01-24</value>
            </exerciseDate>
            <expirationDate>
                <value>2017-01-23</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4137.0000</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>52.5250</value>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2007-01-25</value>
            </exerciseDate>
            <expirationDate>
                <value>2016-01-24</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3200.0000</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reported number of shares of the Issuer's common stock includes 5,013 shares underlying restricted stock units that will be issued in one or more increments as those units vest over the Reported Person's period of continued employment with the Issuer.  The reported number of shares will be appropriately increased, in accordance with the anti-dilution provisions applicable to the restricted stock units, to reflect the distribution by Issuer of the outstanding shares of Alexander &amp; Baldwin, Inc. (a newly-formed subsidiary formerly known as A&amp;B II, Inc.) to the Issuer's stockholders in a pro-rata spin-off transaction at the close of business on June 29, 2012.  The increase to the number of shares of Issuer's common stock underlying each restricted stock unit award will preserve the intrinsic value that exists with respect to such award immediately prior to such distribution.</footnote>
        <footnote id="F2">Each unit will be cashed out at the fair market value per share of the Issuer's common stock upon the earlier of (1) the Reporting Person's termination of employment or (2) the expiration of the deferral period specified by such person.</footnote>
        <footnote id="F3">The reported number of  shares of the Issuer's common stock represent shares underlying deferred stock units credited to the Reporting Person under the Issuer's non-qualified deferred compensation plan and will be issued in one or more increments in accordance with the deferred distribution provisions in effect for those shares under such plan.  The reported number of shares will be  appropriately increased, in accordance with the anti-dilution provisions applicable to the deferred stock units, to reflect the distribution by Issuer of the outstanding shares of Alexander &amp; Baldwin, Inc. (a newly-formed subsidiary formerly known as A&amp;B II, Inc.) to the Issuer's stockholders in a pro-rata spin-off transaction at the close of business on June 29, 2012. The increase to the number of shares of Issuer's common stock underlying the deferred stock units will preserve the intrinsic value that exists with respect to those deferred stock units immediately prior to such distribution.</footnote>
        <footnote id="F4">The conversion rate for the common stock equivalent units is 1-for-1.</footnote>
        <footnote id="F5">The reported number of shares of the Issuer's common stock and the exercise price payable per share will be appropriately adjusted, in accordance with the anti-dilution provisions applicable to the option grant, to reflect the distribution by Issuer of the outstanding shares of Alexander &amp; Baldwin, Inc. (a newly-formed subsidiary formerly known as A&amp;B II, Inc.) to the Issuer's stockholders in a pro-rata spin-off transaction at the close of business on June 29, 2012.  Those adjustments will preserve the intrinsic value that exists with respect to the option grant immediately prior to such distribution. The options vest in three equal annual installments beginning a year from the transaction date.</footnote>
    </footnotes>

    <remarks>Alexander &amp; Baldwin Holdings, Inc. became the successor to Alexander &amp; Baldwin, Inc. pursuant to a merger between Alexander &amp; Baldwin, Inc. and a subsidiary of Alexander &amp; Baldwin Holdings, Inc.  As a result of such merger, Alexander &amp; Baldwin Holdings, Inc. became the parent holding company of Alexander &amp; Baldwin, Inc., but there were no changes in the pro-rata interests of the security holders.  On June 29, 2012 Alexander &amp; Baldwin Holdings, Inc. changed its name to Matson, Inc.</remarks>

    <ownerSignature>
        <signatureName>/s/ Kevin C. O'Rourke</signatureName>
        <signatureDate>2012-07-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
