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Algoma takes delivery of 2010-built product tanker

Written by Marine Log Staff
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Algoterra

St. Catharines, Ontario, headquartered Algoma Tankers Limited, an operating unit of Algoma Central Corporation (TSX: ALC), reports that it has taken delivery of the 16,500 DWT Algoterra, a 2010-built product tanker in Amsterdam, Netherlands and the vessel has begun her delivery voyage to Canada. The vessel departed Amsterdam on March 30, 2019 and will travel through the English Channel before crossing the Atlantic Ocean destined for Halifax. The Algoterra is expected to begin trading in Canada mid-April.

“I am pleased to say that our fleet is fully booked for the season,” said Gregg Ruhl, President and CEO at Algoma. “The Algoterra is the second product tanker acquired by ATL in the last four months after the Algonorth joined the fleet in early December. We are looking forward to bringing the Algoterra home and to having the Algonorth operate for her first full season with Algoma.”

In addition to the Algoterra, the Algoma Conveyor, Algoma’s newest seawaymax self-unloader, is currently in the final days of the trans-Pacific leg of her homeward journey and will reach Balboa, Panama this week, where she will undertake her Panama Canal transit and make her way to Canada. The Algoma Conveyor will be joining her seven Equinox Class sister ships in operation for the 2019 navigation season.

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