Algoma Central Corp
About
Algoma Central Corp. engages in owning and operating a flag fleet of dry-bulk carriers and product tankers. It operates through the following segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. The Domestic Dry-Bulk segment includes flag dry-bulk vessels and its ship management business. The Product Tankers segment offers transportation of liquid petroleum products throughout the Great Lakes, St.
Lawrence Waterway and Atlantic Canada regions. The Ocean Self-Unloaders segment refers to ocean shipping consisting of five ocean-going self-unloading vessels. The Global Short Sea Shipping segment focuses on niche markets featuring specialized equipment or services through its interests in NovaAlgoma Cement Carriers and NovaAlgoma Short Sea Carriers. The Investment Properties segment comprises of commercial and residential property held to earn rental income.
The company was founded on August 11, 1899, and is headquartered in St. Catharines, Canada.
Growth
Algoma Central Corporation is an established enterprise in the maritime industry, with a long history of providing shipping and transportation services. As an industry leader, the company has successfully expanded its operations globally, serving a diverse customer base and maintaining a strong market presence. With a focus on innovation and sustainability, Algoma Central Corporation continues to develop and grow its services while adhering to high standards of safety and efficiency.
Achievements
Throughout its history, Algoma Central Corporation has achieved significant milestones that have contributed to its success and reputation in the industry. These milestones include substantial revenue growth through strategic acquisitions and partnerships, market penetration in key regions, and the expansion of its customer base. The company's commitment to operational excellence and customer satisfaction has also played a crucial role in its development and growth over the years.
Case Studies
Algoma Central Corporation has been involved in various notable projects and case studies that have had a significant impact on the maritime industry. These include the implementation of advanced technology solutions to enhance operational efficiency, sustainability initiatives to reduce environmental impact, and community engagement programs to support local communities. The company's commitment to excellence and innovation is evident in these case studies, showcasing its leadership in the industry.
Socials
Website
Founded
-
Operating Status
Active
Industry
Transportation/Logistics
headquarters
Address
63 Church Street Suite 600 St. Catharines Ontario L2R 3C4 Canada...
Country
Canada
Employees
1600
Key People
Mark R. McQueen (Director)
Trinity O. Jackman (Director)
Peter W Winkley (Chief Financial Officer & Executive Vice President)
Steve Wright (Executive Vice President-Operations & Technical)
Revenue
721.22 M
Operating Income
Stock Price
$15.03
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Algoma Central Corp
-
Website
-
Founded
-
-
Industry
Transportation/Logistics
-
Address
63 Church Street Suite 600 St. Catharines Ontario L2R 3C4 Canada...
-
Country
Canada
-
Number of employees
1600+
-
Revenue
721.22 M
About Algoma Central Corp
Algoma Central Corp. engages in owning and operating a flag fleet of dry-bulk carriers and product tankers. It operates through the following segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. The Domestic Dry-Bulk segment includes flag dry-bulk vessels and its ship management business. The Product Tankers segment offers transportation of liquid petroleum products throughout the Great Lakes, St.
Lawrence Waterway and Atlantic Canada regions. The Ocean Self-Unloaders segment refers to ocean shipping consisting of five ocean-going self-unloading vessels. The Global Short Sea Shipping segment focuses on niche markets featuring specialized equipment or services through its interests in NovaAlgoma Cement Carriers and NovaAlgoma Short Sea Carriers. The Investment Properties segment comprises of commercial and residential property held to earn rental income.
The company was founded on August 11, 1899, and is headquartered in St. Catharines, Canada.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
