AmericasDry Cargo

Algoma goes to Croatia for three-ship order

Canada’s Algoma Central Corporation has signed contracts with Croatian yard Uljanik to build three 225 m long Seaway Max self-unloading bulkers to the company’s Great Lakes – St Lawrence Waterway dry bulk fleet. All the ships will be fitted with scrubbers. The orders replace a three ship contracts that were cancelled with a Chinese yard, financially struggling Nantong Mingde, earlier this year.

The first vessel is scheduled for delivery in early 2018 with the balance of the ships delivered by the end of that year.

Algoma is continuing discussions with other parties on further fleet renewal opportunities, the company said in a release.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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