 | |
| Company type | Public |
|---|---|
| TSX: ALC | |
| Industry | Shipping |
| Headquarters | St. Catharines, Ontario |
Key people | Gregg Ruhl |
Number of employees | 1,400 |
| Website | algonet.com |
The Algoma Central Corporation is the result of a reorganization of the Algoma Central Railway in 1990. The company claims assets in excess of $400 million and revenue of $280 million. Corporate headquarters is located in St. Catharines, Ontario, Canada.
The company operates a number of subsidiaries including:
In 1980, the Algoma Central was the original owner (as Algocen Realty Holdings Ltd.) of Algo Centre Mall; Algoma Central Company wrote off over $5 million in property value due to 1990's Elliot Lake mine closures [1] and subsequently sold the property. The mall, renamed in 2005 by a subsequent owner, collapsed in a June 23, 2012, structural failure and has since been demolished. [2]
An Algoma Central Corp. subsidiary, Algoma Central Marine, operates a fleet of self unloaders on the Great Lakes. [3]
In 2000, Upper Lakes Shipping Ltd. and Algoma Central began a partnership to coordinate the transportation of goods along the St. Lawrence Seaway, called Seaway Marine Transport. In 2011 upon the purchase of Upper Lakes Shipping Ltd. and buying out the partnership, the company re-emerged as Algoma Central Marine. Upon completion of the purchase, the entire fleet was then renamed, with the exception of the John D. Leitch, the ship that was named in honor of the company's then owner.
Beginning in 2013, the corporation initiated construction of a series of new bulk carriers to be named after the lead ship, Algoma Equinox. [4] [5] The redesigned fleet incorporated engineering and technology improvements to reduce fuel consumption, create a safer workplace, and reduce emissions and other environmental impact. [6] [7] The company installed Buffalo Automation's "AutoMate" system of sensors, cameras, and software on select Equinox series vessels, to evaluate autonomous navigation. [6] [8]
| Name | Launched | Image |
|---|---|---|
| Algoma Buffalo | 1978 | |
| Algoma Compass | 1973 | |
| Algoma Conveyor | 2019 | |
| Algoma Innovator | 2018 | |
| Algoma Intrepid | 2020 | |
| Algoma Mariner | 2011 |  |
| Algoma Niagara | 2017 | |
| Algoma Sault | 2018 | |
| Algoma Transport | 1979 |  |
| John D. Leitch | 1967 |  |
| Radcliffe R. Latimer | 1978 |  |
Algoma also operates several gearless bulk carriers: [3]
| Name | Launched | Image |
|---|---|---|
| Algoma Discovery | 1987 | |
| Algoma Equinox | 2013 |  |
| Algoma Guardian | 1987 |  |
| Algoma Harvester | 2014 |  |
| Algoma Strongfield | 2016 | |
| Captain Henry Jackman | 2021 | |
| G3 Marquis | 2014 | |
| Tim S. Dool | 1967 |  |
Algoma operates a fleet of tankers:
| Name | Launched | Image |
|---|---|---|
| Algoberta | 2007 (acquired 2022) | |
| AlgoCanada | 2009 |  |
| Algoluna | 2010 (acquired 2022) | |
| Algonova | 2008 |  |
| Algoscotia | 2004 | |
| Algoterra | 2010 | |
| Algotitan | 2007 (acquired 2022) | |
Canada Steamship Lines (CSL) is a shipping company with headquarters in Montreal, Quebec, Canada. The business has been operating for well over a century and a half.
Lake freighters, or lakers, are bulk carrier vessels that operate on the Great Lakes of North America. These vessels are traditionally called boats, although classified as ships.
Port Weller Dry Docks was a shipbuilder on the Welland Canal at the Lake Ontario entrance. The shipbuilder was founded in 1946 and the site was initially owned by the Government of Canada for storage purchases. The shipyard expanded to include ship repair, and reconstruction work. In 1956, the drydock was sold to the Upper Lakes Shipping Company, which began the construction of vessels at the site. The shipyard twice went insolvent, most recently in 2015. Port Weller Dry Docks was used to build, refit and repair cargo vessels.
Algoma Mariner is a Canadian lake freighter delivered to Algoma Central on 31 May 2011. The bulk carrier was the first new Canadian-flagged vessel on the Great Lakes in 25 years. Algoma Mariner is a Seawaymax vessel, designed to carry dry bulk through the Saint Lawrence Seaway and Great Lakes. The vessel was constructed at the Chengxi Shipyard in China and is currently in service.
MV Tim S. Dool is an Algoma Central-owned seawaymax lake freighter built in 1967, by the Saint John Shipbuilding and Dry Dock Co. in Saint John, New Brunswick. She initially entered service as Senneville when she sailed as part of the fleet of Mohawk Navigation Company. Senneville was the second lake freighter constructed with a single superstructure at the stern. In 1981, the ship was sold to Pioneer Shipping. That company sold the vessel to Algoma Central in 1994 who renamed the ship Algoville. The bulk carrier got her current name in 2008. Tim S. Dool is currently in active service on the Great Lakes of North America.
MV Algonorth was a Seawaymax lake freighter built in 1970 and completed in 1971 by the Govan Division of Upper Clyde Shipbuilders Ltd. in Govan, Scotland as the bulk carrier Temple Bar. Her original owners were Lambert Bros. Shipping Ltd., of London, United Kingdom, sold the vessel in 1976 to Nipigon Transport Ltd., who had her hull lengthened and installed a new power plant for Great Lakes service. Re-entering service as Lake Nipigon, the ship was renamed Laketon in 1984 before returning to the name Lake Nipigon in 1986. In 1987, the lake freighter was sold to Algoma Central Railway which gave the ship its final named, Algonorth. In 2007, the ship collided with a dock in Toledo, Ohio. The ship was scrapped in 2012.
Algoma Equinox is a lake freighter and lead ship of her class built for Algoma Central, a Canadian shipping company. The vessel was built to a new design by Nantong Mingde Heavy Industries at their shipyard in Tongzhou, China in 2013. The ship entered service in December 2013, operating in the Great Lakes and Saint Lawrence Seaway.
Algorail was a lake freighter owned and operated by Algoma Central. The ship was built by Collingwood Shipyards in Collingwood, Ontario and was launched in 1967. The ship sailed on the North American Great Lakes and the Saint Lawrence Seaway delivering coal/coke, aggregates, slag, iron ore/oxides, salt, fertilizers, grain products, gypsum, quartzite, or sand. The ship was laid up in 2016 and sold for scrap in 2018.
John B. Aird was a self-discharging lake freighter/bulk carrier that was launched in 1983 and served on the Great Lakes and Saint Lawrence Seaway until 2017. The vessel was owned and operated by Algoma Central during that time, which had named the vessel for a former chairman of the Algoma Central Railway. Prior to the construction of Algoma Equinox in 2013, John B. Aird was the last vessel built for the company.
Algolake was a self-unloading bulk carrier owned and operated by Algoma Central. The ship entered service in 1977 on the Saint Lawrence Seaway. In 1994, the ship ran aground in the St. Lawrence River off Quebec. The ship was laid up for scrapping in 2018, renamed Gola and was later scrapped in Aliağa, Turkey.
Algoma Progress was a self-unloading lake freighter and bulk carrier operating on the North American Great Lakes, owned by Algoma Central. Launched in 1968, the ship was originally named Canadian Progress and operated by the Upper Lakes Shipping. At launch, the ship was the largest self-unloading vessel on the Great Lakes. Canadian Progress was used to transport coal, iron ore, barley and road salt on the Great Lakes and Saint Lawrence Seaway. Canadian Progress ran aground twice, the first in 1985 and then again in 1988. In 2011, Upper Lakes Shipping sold its entire fleet to Algoma Central, which renamed the vessel Algoma Progress. In 2014, Algoma Progress was sold for scrap and broken up at Port Colborne, Ontario.
Algoma Navigator was a Canadian bulk carrier operated by Algoma Central. Like other bulk carriers, her potential cargoes included: coal/coke, aggregates, slag, iron ore/oxides, salt, fertilizers, grain products, gypsum, quartzite, or sand. The vessel was constructed by John Readhead & Sons in the United Kingdom in 1967 for the Cambay Steamship Company and launched as Demeterton. The vessel was enlarged in 1967 and sold in 1975 to the Upper Lakes Group which renamed the ship St. Lawrence Navigator. In 1979, the vessel was renamed Canadian Navigator after a rebuild. In 2011, the ship was sold to Algoma and became Algoma Navigator. In 2016, the bulk carrier was renamed Navi before being sold for scrap and broken up in 2016.
Algosteel was a bulk carrier owned and operated by Algoma Central. The vessel was constructed in 1966 by Davie Shipbuilding at their yard in Lauzon, Quebec for Canada Steamship Lines and launched as A.S. Glossbrenner. In 1968, the vessel was acquired by the Labrador Steamship Company. In 1971, the ship was sold to Algoma Central. The vessel's name was changed to Algogulf in 1987 and to Algosteel in 1990. The bulk carrier primarily transported iron ore and grain along the Saint Lawrence Seaway and the Great Lakes. The vessel was taken out of service in April 2018 pending disposal and was scrapped in Aliağa, Turkey, in 2018 under the name Oste.
Algogulf was the third and last name of a bulk carrier launched in 1961, laid-up in 1999, and scrapped in 2002. The ship began her career in 1961 as J.N. McWatters, the second vessel of that name operated by the Misener Shipping Company. The bulk carrier was used to transport primarily grain and iron ore in the Saint Lawrence Seaway and Great Lakes. In 1991, the vessel was renamed Scott Misener by the company, the fourth of that name. In 1994, the ship was acquired by Algoma Central and renamed Algogulf, the second vessel of the name. The ship was laid up in 1999 and sold for scrapping in 2002.
The Trillium class is a series of freighters owned by Canada Steamship Lines (CSL). The class is divided into three subclasses; the self-discharging lake freighters, the lake bulk carriers, and the Panamax self-discharging bulk carriers. Initially a nine-ship building program, six are operated by Canada Steamship Lines for use on the Great Lakes, while three are operated by CSL Americas for international trade. Two more ships were acquired later for use by CSL Americas.
Radcliffe R. Latimer is a lake freighter launched in 1978. The vessel is owned by Algoma Central but operated under charter to Canada Steamship Lines from 1994 to 1997. As Algobay, the bulk carrier was involved in a collision with another lake freighter in 1980. In 2009 the vessel was rebuilt in China for service in the Caribbean Sea. The vessel is currently in service.
The Equinox class is a series of related bulk carriers operated by Canadian shipping company Algoma Central for service on the Great Lakes. Two variants of the class have been ordered, totaling twelve ships.
Michipicoten is a self-discharging lake freighter owned and operated by Canadian shipping firm Lower Lakes Towing. Michipicoten primarily hauls taconite from Marquette, Michigan, to the Algoma Steel Mill in Sault Ste. Marie, Ontario. It has a capacity of 22,300 tons, a speed of 12 knots (14 mph), and a length of 689 feet 6 inches (210.2 m).
Algosoo was a lake freighter constructed for Algoma Central in 1974 by Collingwood Shipyard in Collingwood, Ontario. The second ship of the name, Algosoo was the last lake freighter built in the traditional design for use on the North American Great Lakes, where the bridge topped a superstructure right in the ship's bow, and a second superstructure topped her engines, right in the stern. The vessel was used to transport bulk cargoes between ports on the Great Lakes. In 1986, the ship suffered a serious fire and 1994, was forced to run aground. Algosoo transported her last cargo in late 2015 and was sailed to the breaking yard at Port Colborne, Ontario in October 2016.
Algoma Sault, which entered service in 2018, is the third freighter Algoma Central named after Sault Ste. Marie, Ontario. She is a self-unloading bulk carrier, built for carrying cargoes like ore, grain, or coal, on the North American Great Lakes and St. Lawrence Seaway. She is the seventh vessel of the Equinox class, and like her sister ships she was built in China.
