Algoma Central Corporation Sells Station Mall in Sault Ste. Marie
Station Mall, a 555,000 square-foot enclosed shopping centre located steps away from the St. Mary’s River, was the last of the Company’s real estate holdings in Sault Ste. Marie. The Company’s intention to divest of its commercial real estate portfolio was initially announced in 2015. Since then, the Company has sold 15 properties in Sault Ste. Marie, Waterloo, and St. Catharines, Ontario since 2015, directing proceeds from the sales to the renewal of the domestic dry-bulk fleet, expansion of its ocean self-unloader fleet and to new investments in international shipping.
Ports of Indiana Receives FEMA Grants for Security
Ports of Indiana has been awarded two federal grants from the Federal Emergency Management Agency (FEMA) to strengthen security infrastructure and assessment capabilities at its Burns Harbor and Jeffersonville ports. The FEMA Port... Read More
AGL’s Ideas for Better Water Planning
The Alliance for the Great Lakes (AGL), a nonpartisan, nonprofit organization that works to protect, conserve and restore the Great Lakes, released a study titled “A Finite Resource: Managing the Growing... Read More