Algoma Central

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{{cite book |title= Annual Report 1992 |year= 1992 |publisher= Algo Central Corporation |location= Sault Ste Marie, ON |url= http://digital.library.mcgill.ca/hrcorpreports/pdfs/A/Algoma_Central_Corporation_1992.pdf |accessdate= June 28, 2012 |page= 8; 24 |archive-date= January 8, 2020 |archive-url= https://web.archive.org/web/20200108094854/http://digital.library.mcgill.ca/hrcorpreports/pdfs/A/Algoma_Central_Corporation_1992.pdf |url-status= dead }} 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.{{cite news |author= |date= October 15, 2014|title= Elliot Lake Mall chronology: from birth to death — and beyond|url=https://www.cbc.ca/news/canada/sudbury/elliot-lake-mall-chronology-from-birth-to-death-and-beyond-1.2799462 |work=CBC.ca |location=Ontario, Canada |access-date= September 8, 2019}}

File:Algorail in (St Clair River Mich).jpg

File:Algomarine at Goderich 4.jpg]]

An Algoma Central Corp. subsidiary, Algoma Central Marine, operates a fleet of self unloaders on the Great Lakes.{{cite web |url=http://www.boatnerd.com/passage/acm.htm |title=Algoma Central Marine Fleet |publisher=Boatnerd |date=January 6, 2012 |first=Philip |last=Nash |url-status=dead |archive-url=https://web.archive.org/web/20120107235439/http://www.boatnerd.com/passage/acm.htm |archive-date=January 7, 2012}}

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, {{ship||Algoma Equinox}}.{{cite news |url=http://www.globmaritime.com/news/shipbuilding-a-repair/30843-algoma-first-equinox-class-vessel-launched-canada |title=Algoma: First Equinox Class Vessel Launched (Canada) |publisher= Glob Maritime |first= Betty |last=Nguyen |date= December 25, 2012 |access-date= June 22, 2013}}{{cite news | url=http://www.marinelink.com/news/shipping-invests-algoma337674.aspx |title= Algoma Invests in Great Lakes Shipping |publisher= Marine Link | date= March 23, 2011 |access-date=June 22, 2013}} The redesigned fleet incorporated engineering and technology improvements to reduce fuel consumption, create a safer workplace, and reduce emissions and other environmental impact.{{cite web |website=algonet.com |title=Explore The Equinox Class |author= |date=2019 |url=https://www.algonet.com/business-units/domestic-dry-bulk/equinox-class/explore-the-equinox-class/#equinox-class-modal-1 |access-date=September 11, 2019 }} The company installed Buffalo Automation's "AutoMate" system of sensors, cameras, and software on select Equinox series vessels, to evaluate autonomous navigation.{{cite magazine |author= |title=Smart Ships: Canadian carriers adopting new digital technologies |url= https://issuu.com/chamberofmarinecommerce/docs/md_magazine_2019__spread_|magazine= Marine Delivers Magazine 2019|location=Ottawa, Canada |publisher= Chamber of Marine Commerce |date=2019 |access-date=September 11, 2019 }}{{cite magazine |author= |date=Feb 2019 |title= Algoma Central Corporation: major player in the domestic and oceangoing self-unloader market continues to extend its reach|url=https://www.drycargomag.com/ThreeDmags/Magazine-Editions/February-2019-Issue/offline/download.pdf |magazine=Dry Cargo International |access-date=September 11, 2019 }}

Algoma also operates several gearless bulk carriers:

Algoma operates a fleet of tankers:

{{reflist}}

• [http://www.algonet.com Algoma Central Corporation]

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Category:Companies listed on the Toronto Stock Exchange

Category:Companies based in St. Catharines

Category:Canadian companies established in 1990

Category:Shipping companies of Canada

Category:1990 establishments in Ontario

Category:Great Lakes shipping companies