NovaAlgoma adds 5 ships to fleet

Algoma Central Corporation (TSX: ALC), St. Catharines, Ontario, reports that NovaAlgoma is acquiring three cement carriers from KGJ Cement in Northern Europe and two handy-size bulk carriers from Swire Bulk Holdings Pte. Ltd. of Singapore.

NovaAlgoma is a global short sea shipping joint venture between Algoma and Nova Marine Holding of Luxembourg. It has with a vessel portfolio that includes cement carriers, mini-bulkers and handy-size bulk carriers.

“We carefully consider each opportunity for...

https://www.marinelog.com/legal-safety/shipping/novaalgoma-adds-5-ships-to-fleet/