Algoma is a leading Canadian shipping company, owning and operating the largest Canadian flag fleet of dry-bulk carriers and product tankers operating on the Great Lakes – St. Lawrence Waterway. Algoma operates 17 self-unloading dry-bulk carriers, seven gearless dry bulk carriers and seven product tankers. The Company is a leader in dry-bulk and liquid bulk transportation focused on meeting the special needs of customers that ship products on the Great Lakes and St. Lawrence Waterway. Algoma’s dry-bulk fleet includes vessels of differing sizes and configurations, providing flexible shipping options for customers.
In 2011, Algoma began construction on the Algoma Equinox, the first ship in a new class of maximum Seaway-Size self-unloading and bulk carriers. By 2016, eight of these new vessels are expected to join the Algoma fleet, including two vessels that will be owned by CWB and managed by Algoma on their behalf.
The Corporation’s Canadian flag dry-bulk fleet is the largest and most diversified dry-bulk cargo fleet operating on the Great Lakes.Read more
The Corporation’s interest in Ocean Shipping consists of a joint interest in four ocean-going self-unloaders and direct ownership of two wholly owned ocean-going self unloading vessels.Read more
Algoma Ship Repair (“ASR”) provides diversified ship repair, steel fabrication, machine shop and electrical repair services to the Corporation’s vessels and other fleets on the Great Lakes – St. Lawrence Waterway.Read more
Algoma Central Properties Inc. (“ACP”) is the real estate segment of the Corporation. ACP owns and manages 1.3 million square feet of premium office holdings and prime retail sites in Sault Ste. Marie, St. Catharines and Waterloo, Ontario.Read more