Canada’s Algoma Central Corp has returned to China’s Yangzijiang Shipbuilding to exercise an option for a further bulker newbuilding for its domestic fleet.
The Toronto-listed company said the latest order for a Seaway-Max self-unloading vessel would be based on an upgraded version of its Equinox design.
Construction of the ship will begin in late 2022 and the vessel is expected to join the fleet at the beginning of the 2024 navigation season.
