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 …
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