Africa
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
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
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
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 […]
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
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
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
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
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
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
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
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