Four Companies Compete for New Suez Canal

Head of the Suez Canal Authority (SCA) Mohab Mamish recently held meetings with four consortiums that have submitted their proposals for the next phase of the New Suez Canal dredging project.

A high-ranking source with the SCA said that the consortiums, including Chinese and Dutch companies, are currently vying for the opportunity to continue dredging the New Suez Canal.

The final decision on who will win the contract will be known within a couple of days.

At the moment, construction works on this giant multi-billion dollar project are progressing as planned. Workers engaged in the new Suez Canal project are working 24/7 to complete the project within ambitious one-year deadline. So far, around 30% of digging works have been completed as approx. 20,000 cubic meters of soil is being dredged per day.

The New Suez Canal project will boost Egypt’s economy and help speed up the movement of vessels through the 193 km long canal, which connects the Red Sea to the Mediterranean Sea.

Dredging Today Staff

 

Share this article

Follow Dredging Today

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Eastern Chapter WEDA Fall 2019 Conference

Wednesday (10/16/19) afternoon will start the program with an opportunity to take the Dredging 101 course.

read more >

10TH Annual Conference Dredging in India

The conference will focus on strategies and solutions to meet the future dredging requirements…

read more >

Australasian Coasts and Ports 2019

Conference Theme “Future directions from 40°S and beyond” reflects the increasing awareness about the need to find suitable…

read more >

PORTS Conference

The PORTS Conference series is internationally recognized as an outstanding opportunity to network with…

read more >

Jobs>

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply