Lugano, Switzerland (February 6th, 2018)

Nova Algoma Shortsea Carriers is further expanding their fleet, with yet another purchase of a bulk carrier. Built in 2007, with a width of 108.21 meters, a breadth of 18.5 meters, and an updated DWT of 8005t, the bulk carrier will fit in perfectly as the 45th ship in NASC’s already strong fleet of 8000 DWT vessels, which trade predominantly in the Mediterranean, Black Sea and Northern Europe.

Off to a busy start, the newly named Sider Sirios has already completed her first voyage, with many more successful voyages on the horizon.

 

NASC is a joint-venture between Nova Marine Carriers, based in Lugano, Switzerland, and Algoma Central Corporation, based in St. Cathrines, Canada, that focuses both company’s strengths on the global short-sea dry-bulk shipping market. Created in April of last year, the 50/50 joint-venture continues to see growth.

For further information please contact:

Ken Bloch Soerensen
President and Chief Executive Officer
Algoma Central Corporation
+1 905-687-7885
Vincenzo Romeo
Chief Executive Officer
Nova Marine Carriers SA
+41 91 822 73 05
Peter D. Winkley, CPA, CA
Vice-President, Finance and CFO
Algoma Central Corporation
+1 905-687-7897
Marc Saulnier
Chief Financial Officer
Nova Marine Carriers SA
+41 91 822 73 76