Looks as if this was a glitch... I sold and repurchased the ship and was able to place the
launchers and torps on my 'T' slot.

Note the "Shell Space" at the bottom of the Armament Status: Ship menu - for Algerie,
this is 11, which, in my testing, allows you to carry 13 torpedoes total - if you're putting
torp launchers on all the T-slots, there won't be enough to fill all of them. The Torpedo
launcher slots for the Algerie are actually only the two smallest T-slots (38 space).

Alot of capitol ships don't carry torps. Sorry mate.

You dont have space for ammo :)

Why not use HHs? Much more overall effective for whatever you are doing in a CA.

Well using torpedoes on a CA is a problem...