Algoma Central Corporation
Maritime TransportationOntario, Canada501-1000 Employees
Algoma Central Corporation is a Canadian maritime transportation company publicly traded on the TSX under the ticker ALC, with its headquarters at 63 Church Street, St. Catharines, Ontario, Canada. It operates the largest fleet of dry and liquid bulk carriers on the Great Lakes – St. Lawrence Waterway, including self-unloading dry-bulk vessels, gearless dry-bulk carriers, and product tankers. The company also owns ocean self-unloading dry-bulk vessels for international markets and holds a 50 percent interest in NovaAlgoma, which manages a diversified international dry-bulk fleet. Reported revenue is in the range of $500 million to $1 billion. Recent activity includes partnerships and asset transactions with Irving Oil and Nova Marine, along with ongoing vessel acquisitions to expand its fleet.
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