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.
Canadian Coast Guard Adds Judy LaMarsh to Great Lakes Fleet
The Canadian Coast Guard has added the CCGS Judy LaMarsh to its Great Lakes fleet, marking the first addition of a large vessel to the region’s fleet in more than... Read More
Commerce Committee Passes Bipartisan Bill to Protect Great Lakes Conservation Efforts
The Senate Commerce, Science, and Transportation Committee has passed bipartisan legislation led by U.S. Senator Gary Peters (D-MI) to strengthen federal support for Great Lakes research and conservation efforts. The... Read More