NovaAlgoma

Founded in 2016, NovaAlgoma is a joint venture between Nova Marine Carriers SA (Nova) of Luxembourg and Algoma Central Corporation (Algoma) of Canada. NovaAlgoma comprises three fleets: NovaAlgoma Cement Carriers (NACC), NovaAlgoma Short Sea Carriers (NASC) and NovaAlgoma Bulk Holdings (NABH). NovaAlgoma Cement Carriers Limited NACC operates specialized pneumatic cement vessels worldwide. NACC is the largest and most diverse fleet of specialized cement carriers operating globally. The vessels utilize a compressor and pump system to load and unload cement powder; this system is fully enclosed with essentially no discharge to the atmosphere and significantly reduces the carbon intensity of cement transportation versus other modes. Cement shipping operates in regionalized markets in service of large global manufacturers and in support of infrastructure investments. NovaAlgoma Short Sea Carriers NASC comprises owned ships, vessels under third party management contracts, and cha...