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.
St. Lawrence Cruise Lines Now Booking for 2023
Due to an increasing demand for North American river cruising, St. Lawrence Cruise Lines has officially sold out all 2022 cruises and is now booking passengers for 2023. The strong... Read More
American Steamship Company’s Operating Fleet to be Certified by Green Marine
American Steamship Company, a pioneer in Great Lakes marine transportation, is the first domestic ship owner headquartered in the State of New York to participate in Green Marine, the leading... Read More