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.
Great Lakes Towing Christens New Tug Puerto Rico in Cleveland
The Great Lakes Towing Co. held a christening ceremony on May 28 for its newest tugboat, Puerto Rico, during an event along the Cuyahoga River in Cleveland. The ceremony took... Read More
St. Lawrence Seaway Cargo Traffic Down 3.3% Through May
The St. Lawrence Seaway reported a decline in overall cargo traffic through May 2026, with total cargo volumes down 3.3% compared with the same period in 2025. According to monthly... Read More