Algoma Central Corporation announced that it is has signed conditional contracts to build three 740 foot Seaway Max self-unloading bulk freighters to join the company's Great Lakes St. Lawrence Waterway dry-bulk fleet. These contracts, which are with Uljanik d.d., replace three of the contracts with a Chinese shipyard that were cancelled earlier 2015.

The agreements are contingent upon delivery by the shipyard of acceptable security for the construction instalments required under the contracts. These new Equinox Class ships will feature a boom forward configuration designed to provide greater flexibility in certain delivery situations. The vessels will have an overall length of 225.55 metres (740 feet) and a beam of 23.77 metres (78 feet), qualifying as Seaway Max size ships.

The vessels will carry 29,300 tonnes at maximum Seaway draft. Seaway draft.