- Recruiting and retaining skilled crews in the marine industry
- Competition in domestic and international markets
- Evolving regulations on carbon emissions and ballast water treatment
- Rising fuel prices
- Potential for contract non-renewal
- Climate change impacts (extreme weather, water levels)
- Shortage of qualified marine workers
Algoma Central Corporation
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020-2021 | 302.0K tCO2e/year (domestic fleet) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 20.5% reduction in GHG intensity within the Domestic Dry-Bulk fleet (vs. 2008)
- Installation of closed-loop exhaust gas scrubbers on 12 domestic dry-bulk vessels, reducing SOx emissions, particulate matter, and black carbon.
- 9 FuelOpt systems installed on Equinox Class vessels, resulting in almost 10% reduction in fuel consumption.
- 40% reduction in carbon intensity on Equinox Class vessels compared to ships they replaced.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce greenhouse gas emissions intensity by 40% by 2030
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
SafetyDiversity, Equity, and InclusionCommunity InvolvementEnvironmental Sustainability (Carbon Reduction)Employee Well-being