Algoma Central Corporation operates within the Deep sea domestic trans. of freight sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Algoma Central with three other
freight shipping companies in North America:
SFL Corporation Ltd
sales of 471.05 million Bermudian Dollars [US$471.05 million]
of which 100%
was ffshore related assets),
International Seaways Inc
of UNITED STATES
of which 79%
was Crude Tankers), and
Overseas Shipholding Group, Inc
based in UNITED STATES
of which 82%
was Time and bareboat charter revenues).
During the year ended December of 2020, sales at
Algoma Central were C$545.66 million (US$435.83 million).
decrease of 3.9%
versus 2019, when the company's sales were C$567.91 million.
Contributing to the drop in overall sales was the 19.5% decline
in Products Tankers, from C$141.91 million to C$114.27 million.
There were also decreases in sales in
Investment Properties (down 16.6% to C$8.18 million)
Corporate (down 4.6% to C$2.94 million)
However, these declines were partially offset by the increase in sales of
Domestic Dry-Bulk (up 1.6% to C$286.16 million)
Ocean Self-Unloaders (up 2.0% to C$134.11 million)