Algoma Central

Quality 0.50 · 2 views · Updated 2 months ago

Canadian real estate and shipping corporation

title: "Algoma Central" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["companies-listed-on-the-toronto-stock-exchange", "companies-based-in-st.-catharines", "canadian-companies-established-in-1990", "shipping-companies-of-canada", "algoma-central-marine", "1990-establishments-in-ontario", "great-lakes-shipping-companies"] description: "Canadian real estate and shipping corporation" topic_path: "geography/canada" source: "https://en.wikipedia.org/wiki/Algoma_Central" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Canadian real estate and shipping corporation ::

::data[format=table title="Infobox company"]

Field	Value
name	Algoma Central Corporation
logo	Algoma Central Corporation Logo.png
type	Public
traded_as
foundation	Incorporated on August 11, 1899 in Sault Ste. Marie, Ontario
founder	Francis H. Clergue
location	St. Catharines, Ontario
key_people	Gregg Ruhl, President & CEO
industry	Shipping
num_employees	1,600
<!-- Infobox does not support the following parameter:	ships
<ref name	zenobank --
::

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.

Subsidiaries

The company operates a number of subsidiaries including:

Algoma Central Properties - owning commercial real estate in Sault Ste. Marie, St. Catharines, and Waterloo, Ontario
Algoma Ship Repair - repairs ships at its dock on the Welland Canal in Port Colborne, Ontario
Algoma Tankers - transportation of petroleum products through the Great Lakes
Algoma Central Marine - operates bulk shipping on the Great Lakes (see below)
Formerly Algoma Central Railway

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 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.

Shipping

::figure[src="https://upload.wikimedia.org/wikipedia/commons/4/4f/Algorail_in_(St_Clair_River_Mich).jpg" caption="Algorail]] downbound in the St. Clair River"] ::

::figure[src="https://upload.wikimedia.org/wikipedia/commons/c/c8/Algomarine_at_Goderich_4.jpg" caption="''Algomarine'' at [[Goderich, Ontario"] ::

An Algoma Central Corp. subsidiary, Algoma Central Marine, operates a fleet of self unloaders on the Great Lakes.

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 honour 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, . The redesigned fleet incorporated engineering and technology improvements to reduce fuel consumption, create a safer workplace, and reduce emissions and other environmental impact. The company installed Buffalo Automation's "AutoMate" system of sensors, cameras, and software on select Equinox series vessels, to evaluate autonomous navigation.

::data[format=table title="Algoma Central's self-unloading bulk carriers"] | Name || Launched || Image | |---| | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | ::

Algoma also operates several gearless bulk carriers:

::data[format=table title="Algoma Central's gearless bulk carriers:"] | Name || Launched || Image | |---| | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | ::

Algoma operates a fleet of tankers:

::data[format=table title="Algoma Central's tankers{{cite news |url=http://www.newswire.ca/en/story/632813/algoma-central-corporation-acquires-new-vessel-algoma-dartmouth |title=Algoma Central Corporation Acquires New Vessel Algoma Dartmouth"] | Name || Launched || Image | |---| | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | | {{ship | ::

References

"Company Profile for Algoma Central Corp (CA;ALC)".
(1992). "Annual Report 1992". Algo Central Corporation.
. (October 15, 2014). ["Elliot Lake Mall chronology: from birth to death — and beyond"](https://www.cbc.ca/news/canada/sudbury/elliot-lake-mall-chronology-from-birth-to-death-and-beyond-1.2799462). *[[CBC.ca]]*.
Nash, Philip. (January 6, 2012). "Algoma Central Marine Fleet". [[Boatnerd]].
Nguyen, Betty. (December 25, 2012). "Algoma: First Equinox Class Vessel Launched (Canada)". [[Glob Maritime]].
(March 23, 2011). "Algoma Invests in Great Lakes Shipping". [[Marine Link]].
. (2019). ["Explore The Equinox Class"](https://www.algonet.com/business-units/domestic-dry-bulk/equinox-class/explore-the-equinox-class/#equinox-class-modal-1).
. (2019). ["Smart Ships: Canadian carriers adopting new digital technologies"](https://issuu.com/chamberofmarinecommerce/docs/md_magazine_2019__spread_). *Chamber of Marine Commerce*.
. (Feb 2019). ["Algoma Central Corporation: major player in the domestic and oceangoing self-unloader market continues to extend its reach"](https://www.drycargomag.com/ThreeDmags/Magazine-Editions/February-2019-Issue/offline/download.pdf).

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::