Great Lakes Carrier Ranked 5th of Global Maritime Companies

Press Release
Wednesday, July 11, 2012

Algoma Central Corporation, operator of domestic Great Lakes vessels, placed fifth in Marine Money Magazine's 2011 rankings of publicly traded shipping companies

The annual Marine Money Rankings, which are designed to measure companies' ability to improve operating efficiency and to create shareholder value, are based on an average of measures including total return to shareholders, return on equity, return on assets, total asset turnover, and price to book ratio.

Marine Money Magazine has produced this annual ranking of public marine shipping companies since 1991 and Algoma was placed 32nd on the list in 2010.

"Algoma had an outstanding and game-changing year in 2011" says Greg Wight, President and CEO, of Algoma Central Corporation. "Moving up 27 spots in the prestigious Marine Money rankings and our inclusion in their top ten list is reflective of the hard work of all of our shipboard and shoreside employees."
 

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Port of Vancouver CEO Coleman to Step Down

Todd Coleman, CEO of Port of Vancouver USA, step down from his position May 19, after 15 years with the port.   Coleman, a Professional Engineer, began his career with the port in 2001,

Jensen Debuts New Tractor Tug Design

Crowley Maritime Corp.’s Seattle-based naval architecture and engineering firm, Jensen Maritime, reports it has designed a new tractor tug for Vessel Chartering

Elandra Yachts Expands, Launches Finishing Department

Elandra Yachts has added another layer of craftsmanship to its boat-building operation with the launch of a new in-house paint department at the Gold Coast plant,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0715 sec (14 req/sec)