Africa

Egypt to Open New Canal This Week
Business & Finance

Egypt to Open New Canal This Week

Egypt will inaugurate this week a major expansion of the Suez Canal, completed in a third of the originally estimated time. This expansion program adds 35 kilometers of new channels, in addition to 37 kilometers of existing waterways that were dredged to allow larger vessels to pass. The Suez Canal

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

NMDC Announces Completion of Suez Dredging National Marine Dredging Company (NMDC), together with other members of the ‪Challenge Consortium‬ (Jan De Nul‬, Boskalis and Van Oord), has announced the completion of the New Suez Canal project following its successful trial run on Saturday, July 25. Ul

about 11 years ago
Dredgers Departing the New Suez
Business & Finance

Dredgers Departing the New Suez

There are only eight days are left before the opening of the New Suez Canal. Official unveiling ceremony of the new waterway, also known as the Suez Canal Corridor, will be held on the banks of the New Canal on August 6th where Egyptian President Abdel Fattah El-Sisi will be joined by world leaders

about 11 years ago
New Idreco Dredger at Inga Dam
Business & Finance

New Idreco Dredger at Inga Dam

Idreco, (International Dredger Constructions), from the Netherlands, has designed, built and installed its second dredger, an ISD 600 with a digging depth of 30 m, at the Inga Dam in the Democratic Republic of Congo. The dam is operated by Société Nationale d’Électricité (SNEL). The dredger has a mi

about 11 years ago
New Suez Test Proves Successful
Business & Finance

New Suez Test Proves Successful

The first test run of the New Suez Canal was performed successfully on Saturday, July 25th, bringing this iconic project one step closer to completion. In total, six different size boxships successfully navigated the new waterway, proving its readiness for full-fledged operations. The trial run is a

about 11 years ago
NMDC Announces Completion of Suez Dredging
Business & Finance

NMDC Announces Completion of Suez Dredging

National Marine Dredging Company (NMDC), together with other members of the ‪Challenge Consortium‬ (Jan De Nul‬, Boskalis and Van Oord), has announced the completion of the New Suez Canal project following its successful trial run on Saturday, July 25. A total of six container ships from around the

about 11 years ago
Get Ready for Coastal and Canal Zone Development
Business & Finance

Get Ready for Coastal and Canal Zone Development

Egypt’s coastal zones are due for some major changes as numerous multi-billion dollar projects aimed at boosting the national economy take hold and investments transform not only these areas, but the shape of the nation. In preparation for this year’s Coastal and Canal Zone Development Conference, t

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

Libyan Air Force Sinks Dredger A helicopter of the Libyan air force attacked and sunk a dredger off Benghazi coast yesterday, said General Saqr Al-Jroshi, Commander of the Libyan Air Force. IJmuiden to Get New Sea Lock Rijkswaterstaat (the Dutch Highways and Waterways Agency) intends to […]

about 11 years ago
Picture of the Day: Fernao de Magalhaes in Suez
Business & Finance

Picture of the Day: Fernao de Magalhaes in Suez

Jan De Nul‬ Group, together with other members of the ‪Challenge Consortium‬ (NMDC, Boskalis and Van Oord), is putting final touches on the New Suez Canal project. By Friday, July 24th, the crews working on the new waterway will complete dredging works on the canal, after which the experimental oper

about 11 years ago
First Test of New Suez on Saturday
Business & Finance

First Test of New Suez on Saturday

The first trial run of the New Suez Canal has been set for Saturday, July 25, 11 days before the official inauguration of the new waterway. According to the Mohamed Sakr, the head of navigational management department at the Suez Canal Authority, different size ships will participate in the trial of

about 11 years ago
Libyan Air Force Sinks Dredger
Business & Finance

Libyan Air Force Sinks Dredger

A helicopter of the Libyan air force attacked and sunk a dredger off Benghazi coast yesterday, said General Saqr Al-Jroshi, Commander of the Libyan Air Force. “The dredger, which came from the west of the country and moved towards Benghazi, was destroyed. Another two vessels are on their way to the

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

New Phase for Liverpool2 Liverpool2, with support from Royal HaskoningDHV, at Seaforth has moved into next phase as work to reclaim 12ha of land passes the first stage. Further infilling is due to take place over the summer. Putting Final Touch on the New Suez The […]

about 11 years ago