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Algoma orders dry bulk vessel with new design

Construction of the firm’s newest ship will begin in late 2022. The vessel is expected to join the existing 11-vessel fleet of self-unloaders at the beginning of the 2024 navigation season

Toronto-listed Algoma said the new class vessel’s design will build on the original Equinox Class standards to offer ‘increased deadweight capacity, better fuel efficiency and improved speed at lesser engine power’

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