Algoma Central welcomes Mariner to fleet

Algoma Central Corp. has welcomed the M.V. Algoma Mariner to its fleet.

The Mariner, constructed at Chengxi Shipyard in China, is a maximum Seaway size, Coastal Class self-unloader. It was delivered to Algoma on May 31, arriving at its first port of call in Port Cartier, Quebec on August 2.

The ship follows the delivery of the M.V. Algobay, which arrived in Canada in April, 2010. Both vessels are 740 feet long and 78 feet wide, have six cargo holds and a maximum deadweight of 38,000 tons. The vessels are classed for Great Lakes, St. Lawrence and coastal service.

Earlier this year, Algoma announced an investment of $300 million to construct six new, state-of-the-art Equinox Class vessels, including four full-sized self-unloading vessels and two full-sized gearless bulkers.

In July, the company announced it had completed refinancing to facilitate the fleet renewal program and the acquisition of Upper Lakes Group Inc.'s interest in Seaway Marine Transport.

It is anticipated that the Equinox Class vessels will improve operating efficiency and environmental performance, carrying more cargo at faster speeds with lower fuel consumption and 40 per cent lower emissions than conventional ships, according to the release.

The first Equinox Class vessel is expected to start service in 2013, with additional ships following later in 2013 and 2014.