Algoma Sets Sail on Greener Waters with Fleet Renewal and First Environmental Report
St. Catharines-based Algoma Central Corporation is charting a bold environmental course. The company has just released its first-ever environmental report, unveiling major steps to reduce emissions, conserve resources, and modernize its fleet.
“We take our environmental responsibilities seriously at Algoma,” said President and CEO Greg Wight. “Our new ships will significantly lower emissions while boosting fuel efficiency.” In fact, the latest vessels are expected to produce 40% fewer emissions than their predecessors. They’re also engineered to handle exhaust gas scrubbers and ballast-water treatment systems—key tools for protecting air and water quality.
Even better, Algoma’s five new Equinox-class vessels—set to enter service between 2013 and 2014—aren’t the only additions. The company has partnered with the Canadian Wheat Board (CWB) to operate two additional ships under a historic agreement.
Why It Matters: Greener Shipping Means a Cleaner Future
Waterborne transport already boasts strong environmental credentials. But Algoma’s new vessels raise the bar:
- A ship can haul one tonne of cargo 312 kilometers per liter of fuel—far better than a train (181 km) or truck (75 km).
- Ships emit just 10 grams of greenhouse gases per tonne-kilometer. Trains emit 17 grams. Trucks release 33 grams.
- Ships also cause fewer spills, generate less noise, and reduce traffic congestion.
That’s why Algoma is investing in sustainability. Their 2010 acquisition of Upper Lakes Group Inc.’s interests added strength to their Great Lakes–St. Lawrence dry-bulk operations. And with a growing fleet, including 21 self-unloading vessels, 12 gearless bulk carriers, and 7 product tankers, Algoma is well-positioned to lead.
Building a Future-Proof Fleet
Algoma closed 2010 with $741 million in assets and also $536 million in revenue. Following the ULS acquisition, the company now employs more than 2,000 people worldwide. They also manage commercial real estate across Ontario and operate a diverse ship repair and fabricating facility.
Wight added, “Fleet renewal is critical for Canada’s marine transportation industry. Especially now, as pressure grows for environmental efficiency.”
By investing in clean technology and efficient design, Algoma is not just keeping pace—it’s setting a new standard.
External Sources:
- Algoma Central Corporation – Official Environmental Commitment
Algoma publicly outlines its sustainability efforts and fleet renewal plans, including the introduction of Equinox-class vessels.
https://www.algonet.com/sustainability - Transport Canada – Marine Freight Emissions Comparison
This federal report compares emissions from ships, trains, and trucks—validating the environmental advantages of marine shipping.
https://tc.canada.ca/en/services/environment/marine-transportation-environment - Canadian Marine Industry Foundation – Environmental Advantages of Shipping
A detailed look at why shipping is the most fuel-efficient and environmentally friendly freight option in Canada.
https://cmif-fimc.ca/environmental-benefits
