Search results for: Algoma

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  • 26 August 2011
    Business & Finance

      MV Algoma Mariner — the first completely new Canadian flag dry-bulk carrier to be brought into service on the Great Lakes in over 25 years — was today christened in a special ceremony in Port Colborne, Ontario. The Canadian-flag ship built by Chengxi Shipyard in China, which is owned by Algoma Central Corporation, has […]

  • 7 February 2018
    Business & Finance

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

  • 26 August 2011

    MV Algoma Mariner — the first completely new Canadian flag dry-bulk carrier to be brought into service on the Great Lakes in over 25 years — was today christened in a special ceremony in Port Colborne, Ontario. The Canadian-flag ship built by Chengxi Shipyard in China, which is owned by Algoma Central Corporation, has been […]

  • 19 February 2019
    Business & Finance

    Algoma’s 3rd Seawaymax Equinox Class 740’ self-unloading dry-bulk carrier is on its way to Canada.

  • 2 April 2019
    Business & Finance

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

  • 13 June 2019
    Business & Finance

    Algoma Shipping acquired the interest held by Oldendorff Carriers in the CSL International Pool.

  • 25 February 2019
    Business & Finance

    Algoma Tankers Limited buys a 2010-built product tanker.

  • 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 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 […]

  • 14 September 2017
    Business & Finance

    Canadian shipping company Algoma Central Corporation (Algoma) has taken delivery of the first of two new Equinox Class self-unloading lake bulk carriers from Yangzijiang Shipyard in China. The newbuilding, named the Algoma Niagara, departed on September 12 on its two-month voyage to Canada via the Panama Canal. The 38,000 dwt Algoma Niagara is expected to […]

  • 23 September 2019
    Business & Finance

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

  • 27 July 2012

    The steel cutting ceremony of two state-of-the-art Equinox Class bulk carriers (MD156 & MD161) which are being built for Algoma Central Corporation was recently held at the fabrication workshop of Nantong Mingde Heavy Industries. The Equinox Class design balances hull form, power and speed with optimal operating performance and environmental efficiency. The innovative new design of […]

  • 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 […]

  • 21 July 2016
    Business & Finance

    The London, UK Arbitration Tribunal hearing a contract dispute involving a fourth and final shipbuilding contract between Algoma Central Corporation and China’s Nantong Mingde Heavy Industries has found in favor of the Canadian dry and liquid bulk carrier operator. The company entered into contracts in 2010 to build six Equinox Class bulk freighters to replace aging […]

  • 26 December 2017
    Business & Finance

    Algoma Central Corporation has reached an agreement with American Steamship Company (ASC) to acquire four vessels.

  • 11 September 2015
    Business & Finance

    Canada’s dry and liquid bulk carrier owner and operator Algoma Central Corporation has signed conditional contracts with Croatian shipbuilder Uljanik Group to build three 740 foot Seaway Max self-unloading bulk freighters to join the company’s Great Lakes – St. Lawrence Waterway dry-bulk fleet. These contracts replace three of the contracts Algoma signed with China’s troubled […]

  • 26 February 2014
    Business & Finance

    Algoma Central Corporation has entered into an agreement with Sterling Fuels Limited to continue marine fuel delivery services using its bunkering vessel, Algoma Dartmouth, in the Port of Halifax and surrounding area. This new arrangement will be effective upon the expiry of current agreements for fuel delivery services on January 18, 2014. Algoma brought the […]

  • 30 September 2013
    Business & Finance

    Nantong Mingde Heavy has delivered the first 31,200 DWT Equinox Class Gearless Bulk Carrier, named Algoma Equinox, to a leading Canadian shipping company Algoma Central Corporation. The Equinox Class, specially designed to optimize fuel efficiency and operating performance thus minimizing environmental impact, represents the next generation of Great Lakes – St. Lawrence Waterway bulkers. A 45% […]

  • 26 February 2018
    Business & Finance

    The recently completed Algoma Innovator starts its voyage from Croatia to Canada.

  • 16 January 2017
    Business & Finance

    Croatian shipbuilder Uljanik launched Algoma Innovator, a 24,900 dwt bulk carrier built for Canadian shipping company Algoma Central Corporation, at 3. Maj shipyard in Rijeka on December 29, 2016. With a gross tonnage of 16,000 tons, Algoma Innovator features a length of 198.1 meters and a width of 22 meters. The Handysize bulker is the first […]

  • 2 September 2016
    Business & Finance

    The Canadian shipping company Algoma Central Corporation has collected USD 29.1 million being the final refund guarantee related to the cancellation of the four shipbuilding contracts with China’s shipbuilder Nantong Mingde Heavy Industries Co. Ltd. “The collection of this final refund guarantee brings to an end the extended process related to the cancellation of the […]