Annual Report

Overview

The report highlights Algoma's 125th anniversary, continued fleet renewal and delivery of five vessels in 2024. It describes expanded Learning Management System access and approximately 298,625 training hours logged. The environmental section reports a 40% GHG-intensity reduction goal by 2030 and net-zero by 2050, alongside biofuel use and alternative-fuel studies. Consolidated 2024 revenue was $703,444 thousand and net earnings were $91,638 thousand.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Period: Ends 31 December 2024
Publication date: 27 February 2025
Language: English
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