Algoma Central Corporation announced that the Company has acquired two 2009 built, 16,600 dwt product tankers from Norway's Knutsen OAS Shipping. The vessels will initially be on bareboat charters back to the sellers. Following completion of their bareboat charters later this year, Algoma plans to begin trading one vessel in the Company's Canadian fleet and one in Europe.
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5-day change | 1st Jan Change | ||
14.6 CAD | -0.31% | -1.95% | -2.34% |
Mar. 19 | Algoma Central Reports Renewal of Normal Course Issue Bid | MT |
Mar. 19 | Algoma Central Brief: Announcing Renewal of Normal Course Issue Bid | MT |
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-2.34% | 422M | |
+42.71% | 6.55B | |
-11.75% | 538M | |
-3.89% | 182M | |
-1.81% | 63.62M |
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- Algoma Central Corporation Continues to Grow Product Tanker Business with the Acquisition of Two Additional Vessels