Algoma Tankers Limited (“ATL”), an operating unit of Algoma Central Corporation, a leading provider of marine transportation services, has announced the purchase of a 2010-built product tanker that will become the eighth ship in Algoma’s Great Lakes based product tanker fleet. The 16,512 dwt vessel will be re-named the Algoterra as part of its transition to ATL ownership, the company said in its release.
Algoma continues to invest in fleet renewal for its domestic fleet. The Company also recently announced the delivery of the Algoma Conveyor, a 740’ self-unloading dry-bulk carrier that is currently en route from China and which will join the 18 vessels of Algoma’s dry-bulk fleet early in the 2019 navigation season.
About Algoma Central
Algoma Central Corporation is a publicly traded company which operates the largest fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers. Algoma also owns ocean self-unloading dry-bulk vessels operating in international markets and a 50% interest in NovaAlgoma, which includes a diversified portfolio of dry-bulk fleets operating internationally.