Africa

UniSite Equipment for New Suez Canal
Business & Finance

UniSite Equipment for New Suez Canal

UniSite Group, a leading supplier for comprehensive service as well as relevant items of dredging, land reclamation, offshore projects, marine engineering, municipal engineering and environmental remediation projects, has taken an active part in Suez Canal Development Project. The company has delive

about 11 years ago
VIDEO: Damietta Port Dredging Kicks Off
Business & Finance

VIDEO: Damietta Port Dredging Kicks Off

The Dutch dredging vessel Seine arrived at Damietta Port last week to initiate a major deepening operation of the access channel. Damietta Port Authority (DPA) heralded the new year with increasing port’s safe navigation at the access channel to 14 meters instead of the long declared 13,25 meters li

about 11 years ago
News in Photos: New Suez Big Dredgers
Business & Finance

News in Photos: New Suez Big Dredgers

The Non-Governmental Organization (NGO), Dredging Suez Canal, has posted on its official facebook page the latest photos of the New Suez Canal dredging program. The project was launched by the Chairman of the Suez Canal Authority Mohab Mamish in the presence of Egyptian President Abdel Fattah el-Sis

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

Highlights of the Week – Readers’ Choice

News in Photos: New Suez Canal Dredging The New Suez Canal development program is moving ahead and is scheduled to be completed this August. GEM Bags $65.6M Contract in Qatar Gulf Earth Moving (GEM), a Qatar-based subsidiary of the Belgian Aertssen Group, has just won a […]

about 11 years ago
New Suez Dredging: Over $2 Billion Spent
Business & Finance

New Suez Dredging: Over $2 Billion Spent

Suez Canal Authority head Mohab Mamish said that the Suez Canal expected revenues for the fiscal year 2014/2015 will exceed 40 billion pounds (about $5.2 billion). He told reporters after a Cabinet meeting on Wednesday that the revenues were affected recently because of shortage of foreign currencie

about 11 years ago
Picture of the Day: DEME Equipment in Egypt
Business & Finance

Picture of the Day: DEME Equipment in Egypt

The New Suez Canal development scheme is progressing well and is scheduled to be completed this August. The opening of the new waterway will almost double the Suez Canal capacity and is expected to increase annual revenues to $13.5 billion by 2023. The project was launched by the Chairman of the Sue

about 11 years ago
Rolls-Royce to Power World’s First Seabed Mining Ship
Business & Finance

Rolls-Royce to Power World’s First Seabed Mining Ship

Rolls-Royce has secured a landmark agreement to supply six of its new B33:45 medium-speed diesel generator sets to China’s Fuijan Mawei shipyard for configuration aboard the world’s first ever seabed mining vessel. The pioneering vessel, designed by Singapore’s SeaTech Solutions for Dubai-based owne

about 11 years ago
News in Photos: New Suez Canal Dredging
Business & Finance

News in Photos: New Suez Canal Dredging

The New Suez Canal development program is moving ahead and is scheduled to be completed this August. The opening of the new waterway will almost double the Suez Canal capacity and is expected to increase annual revenues to $13.5 billion by 2023. The project was launched by the Chairman of the Suez C

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

Highlights of the Week – Readers’ Choice

Exclusive Update: DEME’s Dredgers at New Suez Canal DEME, an international group of specialized companies in the field of capital and maintenance dredging, land reclamation, port infrastructure development, etc. has announced that their part of dredging works on the New Suez Canal are on schedule an

about 11 years ago
Picture of the Day: New Suez Dredging on Track
Business & Finance

Picture of the Day: New Suez Dredging on Track

Egypt launched the New Suez Canal project in August 2014. The construction was ordered by Egyptian President Abdel-Fattah al-Sisi to be completed in one year. The contract includes the construction of the parallel section of the canal with a length of approximately 50 kilometers to allow ships to si

about 11 years ago
Strong Financial Results for DP World
Business & Finance

Strong Financial Results for DP World

Global marine terminal operator DP World yesterday announced strong financial results from its global portfolio of marine terminals for the twelve months ended 31 December 2014. Like-for-like revenue grew 11.3% and adjusted EBITDA increased 16.0%, delivering profit attributable to owners of the Comp

about 11 years ago
News in Photos: Onne Port Dredging by DEME
Business & Finance

News in Photos: Onne Port Dredging by DEME

DEME, an international group of specialized companies in the field of capital and maintenance dredging, land reclamation, port infrastructure development, etc. has just released the latest photos from the Onne Port dredging and land reclamation project in Nigeria. The port is located along the Bonny

about 11 years ago