Gosships Intelligence

Gosships Intelligence

Mainstay Maritime Sells Canadian Fleet to Algoma in Surprise Deal

Mainstay Maritime's surprise sale of its entire Canadian fleet to Algoma Central could create a 70% market share monopoly on the Great Lakes.

Mar 02, 2026
∙ Paid

A Deal That Came Out of Absolutely Nowhere

In a transaction that caught virtually the entire Great Lakes and Canadian maritime community completely off guard, Mainstay Maritime has agreed to sell its …

User's avatar

Continue reading this post for free, courtesy of Gosships.

Or purchase a paid subscription.
© 2026 Gosships LLC · Publisher Privacy ∙ Publisher Terms
Substack · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture