Algoma Central Corporation Announces Release of Their 2019 Year In Review

St. Catharines, Ontario (April 27, 2020) – Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading provider of marine transportation services, is pleased to announce that the Company has released its 2019 Year In Review. The document contains items such as the annual President and Chief Executive Officer letter, financial highlights, a strategic outlook for 2020 and sustainability highlights.

The 2019 Year In Review is available on SEDAR at www.sedar.com or on the Company’s website at www.algonet.com/investor-relations.

About Algoma Central Corporation

Algoma owns and operates the largest fleet of dry and liquid bulk carriers operating on the Great Lakes – St. Lawrence Waterway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers, cement carriers and product tankers. Algoma also owns ocean self-unloading dry-bulk vessels operating in international markets and a 50% interest in NovaAlgoma, which owns and operates a diversified portfolio of dry-bulk fleets serving customers internationally.

For further information please contact:

Gregg A. Ruhl    
President and CEO  
+1 905-687-7890

   Peter D. Winkley 
   Chief Financial Officer  
   +1 905-687-7897

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