St Catharines, Ontario-headquartered Algoma Central Corporation (TSX:ALC), today took delivery of the Algoma Legacy. Built at Jiangsu Yangzi-Mitsui Shipbuilding (YAMIC) in Chin, it is the first of three new methanol-ready Kamsarmax-sized ocean
Algoma Legacy [Photo: Algoma Central]
St Catharines, Ontario-headquartered Algoma Central Corporation (TSX:ALC), today took delivery of the Algoma Legacy. Built at Jiangsu Yangzi-Mitsui Shipbuilding (YAMIC) in Chin, it is the first of three new methanol-ready Kamsarmax-sized ocean belt self-unloading vessels. With this addition, the company will have an ownership interest in 100 vessels across its global fleet, marking, it says, a “historic milestone that underscores its leadership in long-term growth in diversified short sea shipping markets.”
“This is a proud moment on two fronts: the delivery of the Algoma Legacy, the first of three newbuild next generation methanol-ready self-unloading vessels and the achievement of our 100th vessel globally,” said Gregg Ruhl, president & CEO of Algoma Central Corporation. “Reaching ownership interest in 100 vessels not only reflects decades of progress, strategic partnerships, and a commitment to sustainable shipping solutions for our customers, but also the dedication and passion of our employees. Seeing our Bear recognized on the global stage is a proud
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