Algoma Central Corporation announces Algoma Conveyer headed for Canada

Algoma Central Corporation announces that the recently completed Algoma Conveyer, the third Seawaymax Equinox Class 740-foot self-unloading dry-bulk carrier, has begun her delivery voyage from China to Canada.

The vessel began her two-month journey home, departing the Yangzijiang shipyard February 16, 2019. After taking fuel in the Philippines, the vessel will cross the Pacific Ocean, traveling through the Panama Canal and make her way to Canada. The vessel is expected to arrive in early April.

“We are looking forward to the Algoma Conveyer joining our fleet for the 2019 navigation season as market demand and volumes are strong,” said Gregg Ruhl, President and CEO of Algoma. “Our Canadian crews and our customers are excitedly awaiting the arrival of our new ship.”

The Algoma Conveyer will be the eighth Equinox Class vessel to join Algoma’s domestic dry-bulk fleet since the first vessel, the Algoma Equinox, arrived in 2013. The Algoma Conveyer was the first and only Equinox self-unloader partially built for Algoma by the now bankrupt Nangtong Mingde shipyard. Algoma acquired the hull at auction in September 2017 and it was then taken to the Jangzijiang shipyard for final construction. The Equinox Class fleet now includes four gearless bulkers and four self-unloaders. Replacement of aging ships with modern, fuel-efficient and environmentally friendly vessels enables Algoma to better serve the evolving needs of its customers.

Janenne Pung