Search Results for: Equinox Class

  • News

Pulling plug on China yard, Algoma turns to Uljanik

These contracts with Uljanik are contingent upon delivery by the shipyard of acceptable security for the construction instalments required under the contracts. The contracts with Nantong Minde were canceled earlier this year.

“Our experience with the Uljanik Group on the Equinox 650 Class project has given us confidence in the shipyard’s ability to deliver high quality vessels on the agreed timelines,” said Ken Bloch Soerensen, President and CEO of Algoma. “Our Equinox project has faced significant delays as a result of the financial problems encountered by Nantong Mingde shipyard. Working closely with Uljanik, we are confident in the continuation of Algoma’s fleet renewal project.”

These new Equinox Class ships will feature a boom forward configuration designed to provide greater flexibility in certain delivery situations. The vessels will have an overall length of 225.55 m (740 ft) and a beam of 23.77 m (78 ft), qualifying as Seaway Max size ships. The vessels will carry 29,300 tonnes at maximum Seaway draft.

The new Equinox vessels will have all of the features of the existing Equinox design, including the exhaust gas scrubber technology pioneered by Algoma on the Great Lakes in its first Equinox Class gearless bulk carriers. The first vessel is scheduled for delivery in early 2018 with the balance of the ships set for deliveryby the end of that year.

Algoma says it is “continuing with other parties on further fleet renewal opportunities.”

  • News

Algoma takes delivery of 2010-built product tanker

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

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Algoma buys three Oldendorff ships, extends YSL newbuild options

JANUARY 18, 2019 — St. Catharines, Ontario, headquartered Algoma Central Corporation is buying three vessels from Germany’s Oldendorff Carriers for $100 million — and has extended three newbuilding options at Yangzijiang Shipyard.

  • News

Algoma Innovator heads for Canada

FEBRUARY 23, 2018 — St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) reports that the recently completed Algoma Innovator, the first of two new Equinox Class 650-foot-long self unloading dry bulk

  • News

Arbitration Tribunal finds for Algoma in shipbuilding case

FEBRUARY 17, 2014 — St. Catharines, ON, based Algoma Central Corporation reports that the London, U.K.,  Arbitration Tribunal hearing a contract dispute involving three shipbuilding contracts between Algoma and Nantong Mingde Heavy

  • News

Algoma Central appoints new CEO

MARCH 10, 2015 — Canadian-flag shipowner Algoma Central Corporation has announced the appointment of Ken Bloch Soerensen as President and Chief Executive Officer effective April 1, 2015. Mr. Sorensen, a native of

Stars align for Canadian laker fleet renewal

MAY 31, 2013 — Canada’s Great Lakes fleet is being rejuvenated with the addition of ships by three major carriers, Canada Steamship Lines (CSL), Algoma Central and Fednav. According to CSL President Rod