It could become a category 4 hurricane on Saturday.
According to the National Hurricane Center (NHC), Hurricane Lane is moving towards the west-northwest, at a speed of 15mph.
At 5pm Thursday HST (4am BST), Hurricane Lane was located about 1,540 miles west-southwest of the southern tip of Baja California, Mexico, or 1,780 miles east-southeast of Hilo, Hawaii.
Maintaining strength overnight, Lane remains a Category 3 hurricane and a possible threat to the islands later this week. There has been little change in the models over the past couple of days, and the latest NHC guidance, especially the consensus track models, required no significant changes to the previous advisory track. Although the storm could miss Hawaii, the National Hurricane Center warns that "hazardous conditions could occur outside" of the predicted path.
Forecasters said they also expect a large swell generated form Lane to reach southeast and east-facing shores of Hawaii Island and Maui as early as Sunday night Hawaii-time into Monday.
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Although Lane will be remaining over 27.0-27.5 deg C SSTs during the forecast period, increasing westerly to northwesterly vertical wind shear to around 15 kt, along with a slightly drier mid-level environment, is expected to induce slow but steady weakening by 24 hours.
The NHC intensity forecast suggests Lane's winds could increase to 125mph on Saturday.
Hurricane Lane, hurricane force (74 mph+) wind probabilities.
While there are still many different directions Lane could take, residents are urged to keep an eye on the storm, Hawaii News Now reported.
The Weather Service said that, regardless of Lane's eventual track and intensity, computer models are pointing to an extremely moist tropical air mass moving over the islands beginning around Wednesday through the end of the week.