Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving Oil under Canadian flag, servicing the energy company’s refinery … Continue reading Algoma orders methanol-ready product tanker duo at Hyundai Mipo