Algoma Central Corp AGMJF
Morningstar’s Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
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Company Profile
Algoma Central Corporation is a Canadian shipping company. It operates Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean SelfUnloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The Domestic Dry-Bulk, accounts for the maximum revenue, Product Tankers, and Ocean Shipping. The dry-bulk vessels carry a cargo of raw materials such as grain, iron ore, salt and aggregates and operates throughout the Great Lakes. The product tankers manage a fleet of seven Canadian flag tanker vessels and the ocean shipping segment includes two ocean-going self-unloading vessels.
St. Catharines, ON, L2R 3C4, Canada