Algoma Central Corporation (TSX: ALC) and Nova Marine announced an increased investment in their global short sea shipping joint ventures, NovaAlgoma, by acquiring three cement carriers from KGJ Cement in Northern Europe and two handy-size bulk carriers from Swire Bulk Holdings Pte. Ltd. of Singapore. The vessels will be strong additions to NovaAlgoma’s already diversified .
Algoma Central Corporation (TSX: ALC) and Nova Marine today announced an increased investment in their global short sea shipping joint ventures, NovaAlgoma, by acquiring three cement carriers from KGJ
Algoma Central Corporation and Nova Marine have announced that NovaAlgoma Cement Carriers Limited has doubled its investment in JT Cement AS by acquiring an additional 25% of its share equity from KGJ Cement Holdings AS.
Algoma Central Corporation (“Algoma”) (TSX: ALC), a leading provider of marine transportation services, and Nova Marine (“Nova”) a Europe based ship-owning and operating company specialized in the dry-bulk sector, today announced that NovaAlgoma Cement Carriers Limited (“NACC”), has doubled its investment in JT Cement AS (“JT Cement”) by acquiring an additional 25% of its share .
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