American Steamship Company

Oaktree takes a stake in Rand Logistics

Private equity firm American Industrial Partners (AIP) has agreed to sell what it calls “a significant minority stake” in Great Lakes operator Rand Logistics to funds managed by Oaktree Capital Management’s Transportation

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Algoma Central buys four veteran lakers

DECEMBER 27, 2017 — St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) has reached an agreement with American Steamship Company to acquire four vessels: the M.V. Buffalo (built 1978) , the M.V.