Picture of the Day: Big Dredger in the Canal
- Business & Finance
The head of the Suez Canal Authority (SCA) Mohab Mamish said this week that the dredging works on the New Suez Canal will be finalized before the deadline.
He also added that the preparations for the inauguration ceremony of the new waterway are currently underway and the Suez Canal Authority will be responsible for running the Suez Canal Corridor Development Project until a new body is formed.
Some of the world’s top dredging companies are taking part in this capital project which is designed to enlarge the transit capacity and to increase industrial activity in the area.
Included in the project are Boskalis, Van Oord, National Marine Dredging Company (NMDC), Jan de Nul, Great Lakes Dredge & Dock Corporation (GLDD) and Dredging International NV.