Search results for: Algoma Central Corporation

53400 results

A list of search results

  • 25 December 2018
    Business & Finance

    All of Algoma’s domestic dry-bulk collective agreements have been ratified.

  • 25 February 2019
    Business & Finance

    Algoma Tankers Limited buys a 2010-built product tanker.

  • 12 November 2018
    Business & Finance

    Algoma has purchased a 2008-built product tanker which will become 7th vessel within the Algoma Tankers’ fleet.

  • 2 April 2019
    Business & Finance

    Algoma Tankers takes delivery of Algoterra, a 2010-built product tanker.

  • 16 November 2018
    Business & Finance

    Algoma still examining potential alternatives to replace the cancelled shipbuilding contracts at Uljanik.

  • 14 October 2018
    Business & Finance

    Algoma Central Corporation cancels all four newbuild construction contracts with Uljanik. 

  • 9 August 2019
    Business & Finance

    Algoma wrapped up Q2 2019 with higher net income, driven by an increase in operating earnings.

  • 4 October 2018
    Business & Finance

    Algoma Central Corporation has revoked a shipbuilding contract for one bulk carrier with Uljanik.

  • 7 February 2018
    Business & Finance

    Algoma Central Corporation has taken delivery of Algoma Sault, its 2nd seaway-max Equinox Class self-unloader.

  • 22 February 2016
    Business & Finance

    Canada’s Algoma Central Corporation has decided to retire five domestic dry-bulk vessels and a product tanker that had reached the end of their economic life. “Our decision to retire the dry-bulk vessels reflects our view that the current domestic market capacity exceeds customer demand and certain of our older vessels are no longer economic to operate […]

  • 1 May 2013
    Business & Finance

    Algoma Central Corporation (Algoma) announced that the London, UK Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma Central Corporation, has found in favour of Algoma. “We are extremely pleased that the Tribunal agreed with the merits of our claim“, said Greg Wight, President and CEO […]

  • 6 November 2017
    Business & Finance

    Canadian provider of marine transportation services Algoma Central Corporation informed that its first Equinox Class self-unloader, the seaway-max size Algoma Niagara, arrived at the Port of Sept Iles, Quebec, on November 1. The Algoma Niagara is the fifth Equinox Class vessel in Canada and it joined four gearless sister ships in the company’s fleet. The […]

  • 1 October 2013

    Algoma Central Corporation will name one of its new environmentally-advanced Equinox Class vessels after the City of Sault Ste. Marie. Greg Wight, President and CEO of Algoma Central Corporation, revealed the news as part of a keynote speech delivered at a luncheon hosted by the Sault Ste. Marie Chamber of Commerce on the future of […]

  • 5 October 2012
    Business & Finance

    The M/V Algobay, which is owned by Algoma Central Corporation, was renamed in honour of Radcliffe R. Latimer in a rededication ceremony in Port Colborne yesterday. The self-unloading bulk carrier, which transports commodities such as grain, coal, iron ore and gypsum to ports around the Great Lakes, St. Lawrence Seaway and Atlantic Canada, will now […]

  • 2 October 2013
    Business & Finance

    Algoma Central Corporation will name one of its new environmentally-advanced Equinox Class vessels after the City of Sault Ste. Marie. Greg Wight, President and CEO of Algoma Central Corporation, revealed the news as part of a keynote speech delivered at a luncheon hosted by the Sault Ste. Marie Chamber of Commerce on the future of […]

  • 8 April 2013

    Naming Ceremony for the first 31,200 DWT Great Lakes Gearless Bulk Carrier, built by Nantong Mingde for the Algoma Central Corporation, was successfully carried out at the Pier No.3 on April 7th. At the ceremony, Godmother Miss Rasa Rudnitsky named the vessel “Algoma Equinox”. Mr. Ji Fenghua, Board Chairman of Mingde and Mr. RegWhite, CEO OF […]

  • 8 April 2013
    Business & Finance

    Naming Ceremony for the first 31,200 DWT Great Lakes Gearless Bulk Carrier, built by Nantong Mingde for the Algoma Central Corporation, was successfully carried out at the Pier No.3 on April 7th. On the ceremony, Godmother Miss Rasa Rudnitsky named the vessel “Algoma Equinox”. Mr. Ji Fenghua, Board Chairman of Mingde and Mr. RegWhite, CEO OF […]

  • 1 May 2013

    Algoma Central Corporation (Algoma) announced on April 30 that the London, UK Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma Central Corporation, has found in favour of Algoma.  “We are extremely pleased that the Tribunal agreed with the merits of our claim“, said Greg Wight, […]

  • 18 January 2019
    Business & Finance

    Algoma to acquire the interest held by Oldendorff Carriers in the CSL International Pool.

  • 1 April 2016
    Business & Finance

    The Canadian shipping company Algoma Central Corporation has received USD 53.4 million from refund guarantees after it cancelled three shipbuilding contracts with China’s troubled Nantong Mingde Heavy Industries shipyard in 2015. The company said that the refund of amounts paid on a fourth shipbuilding contract is still subject to arbitration. The contracts were a part of a […]

  • 5 June 2018
    Business & Finance

    NovaAlgoma Cement Carriers acquires a 25% ownership interest in Norway-based JT Cement.

  • 23 September 2019
    Business & Finance

    Algoma confirms the contract with 3. Maj Shipyard to acquire a new self-unloading bulker.