by Guest » March 27, 2026, 4:01 pm
This move makes no sense from Algoma's perspective, as far as I can tell. It may be true that Algoma only wanted LLT's contracts, but a lot of LLT's work involved river-class vessels and markets. Algoma has just two modern river-class ships (Innovator, Intrepid) and the aging Algoma Buffalo serving that market. Perhaps they do plan to use the Pierson and Saginaw in the short term, but they won't last long.
It is also very surprising to see Algoma allowing a competitor to acquire a modern and useful vessel - specifically McKeil which is run by Scott Bravener, the same person who largely built LLT. I remember not that long ago that Algoma was very careful to keep the James Norris out of LLT's hands when they sold it for scrap. Maybe there is a side of it I'm not seeing, but this is definitely confusing based on Algoma's history.
This move makes no sense from Algoma's perspective, as far as I can tell. It may be true that Algoma only wanted LLT's contracts, but a lot of LLT's work involved river-class vessels and markets. Algoma has just two modern river-class ships (Innovator, Intrepid) and the aging Algoma Buffalo serving that market. Perhaps they do plan to use the Pierson and Saginaw in the short term, but they won't last long.
It is also very surprising to see Algoma allowing a competitor to acquire a modern and useful vessel - specifically McKeil which is run by Scott Bravener, the same person who largely built LLT. I remember not that long ago that Algoma was very careful to keep the James Norris out of LLT's hands when they sold it for scrap. Maybe there is a side of it I'm not seeing, but this is definitely confusing based on Algoma's history.