Cement News tagged under: Algoma Central Corp

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Algoma JV to create a global fleet of cement carriers

19 January 2016, Published under Cement News

Canada-headquartered Algoma Central Corp announced Friday that it has entered into a joint venture agreement with Nova Marine Holding SA of Luxembourg and its subsidiaries to create a specialised global fleet of cement carriers to support infrastructure projects worldwide. Algoma will own 50 per cent of the joint venture, which is to be named Nova Algoma Cement Carriers or NACC. "We are very excited about the opportunity this investment with Nova presents," said Ken Soerensen , pres...