Algoma Central Corporation Takes Delivery of Three Vessels Within One Week
St. Catharines, Ontario, Canada (March 7, 2025) – Algoma Central Corporation (“Algoma”, “Company”) (TSX: ALC) has achieved a significant milestone, taking delivery of three new ships, from three different countries, within one week for the first time in Company history. Since 2013, Algoma has built 23 vessels with 12 more on order or under construction. […]
Algoma Central Corporation Reports Financial Results for Fiscal 2024
ALGOMA CENTRAL CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2024 Market demand, stable growth, and additional capacity led to strong year-end results and an optimistic yet cautious outlook for 2025. St. Catharines, Ontario February 27, 2025 – Algoma Central Corporation (TSX: ALC) (“Algoma”, the “Company”) today reported its results for the year ended December 31, 2024. Algoma […]
Algoma Central Corporation Announces a 5% Increase in Quarterly Dividend
ALGOMA CENTRAL CORPORATION ANNOUNCES A 5% INCREASE IN QUARTERLY DIVIDEND St. Catharines, Ontario (January 17, 2025) — 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 $0.20 per common share. […]
Algoma Central Corporation Reports Financial Results for the 2024 Third Quarter
Increased demand across certain sectors and expanded capacity drives a stronger quarter, signaling a promising close to the year St. Catharines, Ontario November 4, 2024 – Algoma Central Corporation (TSX: ALC) (“Algoma”, the “Company”) today reported its results for the three and nine months ended September 30, 2024. Algoma reported third quarter revenues of $204,644, compared […]
Algoma Central Corporation Announces Retirement of CFO and Appointment of New CFO
St. Catharines, Ontario, September 5, 2024 – Algoma Central Corporation (“Algoma or “the Company”) (TSX: ALC) today announced that after 14 years of dedicated service as Chief Financial Officer with Algoma, Peter Winkley will be retiring, effective December 31, 2024. Peter has served as Chief Financial Officer since joining Algoma in 2010. “On behalf of […]
Algoma Central Corporation Reports Financial Results for the 2024 Second Quarter
ALGOMA CENTRAL CORPORATION REPORTS FINANCIAL RESULTS FOR THE 2024 SECOND QUARTER Changing environments across key industrial sectors contributes to challenging quarter but outlook remains positive St. Catharines, Ontario August 2, 2024 – Algoma Central Corporation (TSX: ALC) (“Algoma”, the “Company”) today reported its results for the three and six months ended June 30, 2024. Algoma […]