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.
Joe Starck Retires from Great Lakes Towing Company
CEO Joe Starck is retiring from the Great Lakes Towing Company. Starck’s last day is July 2. Starck’s career at Great Lakes Towing spans 35 years, beginning in engineering and... Read More
Port of Cleveland Generates More Than $7 Billion in Annual Economic Impact
The Port of Cleveland has released its 2025 Impact Report, outlining its economic contributions, maritime activity, development finance efforts and infrastructure investments across Northeast Ohio. According to the report, port-related... Read More