Algowest Re-Dedicated and Renamed Peter R. Cresswell
14, 2001 Algoma Central Corporation renamed their
self-unloading dry-bulk carrier, the Motor Vessel ALGOWEST to the Motor
Vessel PETER R. CRESSWELL. The
ship was re-dedicated honoring the former President and Chief Executive
Officer on the occasion of his retirement from that position.
Peter Cresswell is
currently Deputy Chairman of the Board of Directors of Algoma Central
ceremony was held near Lock 1 on the Welland Canal. During the ceremony, which was attended by Peter
Cresswell’s family and friends, and employees from Algoma Central, Tim
Dool, President and Chief Executive Officer of Algoma Central Corporation
congratulated Peter Cresswell on his 37 years of service to the
Corporation, saying: “Peter Cresswell’s leadership drove the
significant growth, diversification and modernization of Algoma
Central’s fleet to become the largest operating in the Great Lakes.”
Cresswell, wife of Peter Cresswell, re-dedicated the ship with the words:
“I re-dedicate this ship, the Motor Vessel PETER R. CRESSWELL. May God
guard her, and guide her, and keep all those who sail in her.” After the
new name of the ship was revealed, the traditional bottle of champagne was
then smashed against the ship’s bow.
The 19,853 tonne,
730-foot self-unloading vessel was converted to a self-unloader in 1998.
Sailing under the Algoma Central house flag, she is marketed and scheduled
by Seaway Marine Transport of St. Catharines.
With assets of over $370 million, the Algoma Central Corporation group includes Algoma Tankers, Fraser Marine & Industrial, Algoma Central Properties Inc., and a 50-percent interest in Seaway Marine Transport and Marbulk Canada Inc. The Corporation also owns a 25-percent interest in Cleveland Tankers (1991) Inc., based in Cleveland, Ohio. The Corporation employs approximately 1,300 employees.
Peter R. Cresswell, Deputy Chairman of
the Board of Directors of Algoma Central
Corporation, with the Re-Dedicated
Algoma Central Corporation Motor Vessel
PETER R. CRESSWELL at St. Catharines, Ontario October 14, 2001.
The Re-Dedication champagne bottle hits the bow of the PETER R. CRESSWELL.
Tim S. Dool, President and Chief Executive Officer of Algoma Central Corporation speaks at the Re-Dedication.
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