14:45 | 23.10.2017
Algoma Central Corporation Announces Strike by Canadian Merchant Services Guild

Algoma Central Corporation (TSX : ALC)(“Algoma” –,
a leading provider of marine transportation services, today announced
that the Canadian Merchant Services Guild, which represents navigation
and engineering officers on the Company’s domestic product tanker fleet,
has launched a strike against the Company.

The union represents 54 employees of Algoma Tankers Limited. The union
has provided assurance that the vessels affected by the strike will sail
to a safe berth and be secured before the employees leave their posts.
About Algoma
Algoma Central Corporation operates the largest Canadian flag fleet of
dry and liquid bulk carriers on the Great Lakes – St. Lawrence Waterway,
including self-unloading dry-bulk carriers, gearless dry bulk carriers
and product tankers. Algoma also owns ocean self-unloading dry-bulk
vessels operating in international markets. Algoma also provides ship
management services for other ship owners. Algoma has begun an expansion
into international short-sea markets through it 50% interests in
NovaAlgoma Cement Carriers and NovaAlgoma Short-Sea Carriers.

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