DEME Reaches Milestone on New Suez Canal

Well ahead of schedule, the Consortium Dredging International NV (DI) and Great Lakes and Dock Dredging Company (GLDD) have reached their first dredging milestone of 11.000.000 m³ on lot 6 of the New Suez Canal project. The canal is now reaching 28% completion.

The project was launched by the Chairman of the Suez Canal Authority Mohab Mamish in the presence of Egyptian President Abdel Fattah el-Sisi on 5 August 2014.

The New Suez Canal dredging scheme, one of the largest in recent history, is estimated to be worth over $2 billion.

Take a look at some of the latest photos from this capital project: