Algoma Central Corporation Announces Renewal of Normal Course Issuer Bid

St. Catharines, Ontario, March 19, 2024 – Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading provider of marine transportation services, announced today that the Toronto Stock Exchange (“TSX”) has accepted its notice of intention to proceed with the renewal of its normal course issuer bid (the “NCIB”). Algoma’s Board of Directors believes that […]

Algoma Central Corporation to Issue Fiscal 2023 Financial Results on February 26, 2024

St. Catharines, Ontario, February 12, 2024 – Algoma Central Corporation (TSX: ALC) (TSX: ALC.DB.A) today announced it will report its financial results for the year ended December 31, 2023 before market open on February 26, 2024. The Company’s fiscal 2023 earnings release and full financial results will be available on the Company’s website and on […]

Algoma Central Corporation Commits to Industry Leadership to Further Address Workplace Harassment

Released in response to the Seafarers’ Union Report on workplace harassment in the marine sector St. Catharines, Ontario (February 5, 2024) — Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, is responding to the Seafarers’ International Union of Canada (“SIU”) report released today on workplace harassment and […]

Algoma Central Corporation continues to grow product tanker business with the acquisition of two additional vessels

St. Catharines, Ontario (January 18, 2024) — Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company has acquired two 2009 built, 16,600 dwt product tankers from Norway’s Knutsen OAS Shipping. “We identified an opportunity to secure high-quality ice-class product tankers suitable for trading […]

Algoma Central Corporation Announces a 6% Increase In Quarterly Dividend

St. Catharines, Ontario (January 15, 2024) — Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company’s Board of Directors authorized payment of a quarterly dividend to shareholders of $0.19 per common share. The dividend is payable on March 1, 2024 to shareholders of […]

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