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Higher Dry Bulk Volumes Expected to Continue says Algoma Central Corporation | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Algoma Central Corporation Reports Operating Results for the Three and Six Months Ended June 30, 2021 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Algoma Central Corporation Reports Operating Results for the 2021 First Quarter Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced its results for the quarter ended March 31, 2021. (All amounts reported below are in thousands of Canadian dollars, except for per share data and where the context dictates otherwise.) First quarter 2021 business highlights include: • A net loss for the quarter of $22,416, which is a reduction of 5% compared to a loss of $23,626 reported for the prior year. • Global Short Sea Shipping segment earnings of $1,444 compared to a loss of $2,187 in 2020. Freight rates and volumes continued to rebound significantly in the mini bulker sector, driving a major improvement in the results for the segment. ....
Monday's breakouts: An industry leader with high barriers to entry, dividend hikes and a juicy 4% yield theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Algoma Central Corporation Reports Strong Operating Results for the 2020 Financial Year Algoma Central Corporation, a leading provider of marine transportation services, announced its results for the year ended December 31, 2020. (All amounts reported below are in thousands of Canadian dollars, except for per share data and where the context dictates otherwise.) Algoma is reporting very strong financial results for 2020, a year in which a global pandemic introduced a number of economic and operating challenges. As a marine transportation company and a provider of critical marine infrastructure, the Company is a key link in our customers’ supply chains. Algoma, along with others in the industry, was deemed an essential service and the Company operated throughout the pandemic. In the face of these unprecedented operating conditions, the Company delivered a 16% increase in EBITDA, and a 92% increase in earnings per share (29% increase on an adjusted basis – see Management ....