Africa

VIDEO: New Suez Canal Work Continues as Planned
Business & Finance

VIDEO: New Suez Canal Work Continues as Planned

Construction works on a multi-billion dollar new Suez Canal project are in full swing. This giant project will see the creation of a new Suez Canal parallel to the current channel of a total length of 72 kilometers. Workers engaged in the new Suez Canal project are working 24/7 to complete the proje

about 12 years ago
PM Tours New Suez Canal Project
Business & Finance

PM Tours New Suez Canal Project

Two days ago, Egypt’s prime minister Ibrahim Mahlab paid a visit to Ismailia to follow up the ongoing work at the new Suez Canal project and congratulate the workers on the occasion of Eid al-Adha. Upon his arrival, Mahlab held a meeting with Suez Canal Authority Head Mohab Mamish and a number of of

about 12 years ago
VIDEO: The Great Wall of Lagos
Business & Finance

VIDEO: The Great Wall of Lagos

The Eko Atlantic city, the most impressive urban development project in Nigeria, will change the face of Africa and transform the Lagos State into a megacity. The latest video showcases impressive 8.5-kilometer-long Great Wall of Lagos, one of the most important structures of the Eko Atlantic city p

about 12 years ago
VIDEO: New Suez Canal Dredging Underway
Business & Finance

VIDEO: New Suez Canal Dredging Underway

Director of Dredgers’ Administration with the Suez Canal Authority, Ahmed Sayed Ahmed, said recently that the project of digging the New Suez Canal so far underwent several stages, including designing, dry digging and dredging. Ahmed added that the dredging stage reached 9 meters depth, as about 20,

about 12 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

NEWS IN PHOTOS: Yachts Damaged by Dredger At least ten yachts moored outside Medway Yacht Club were struck and badly damaged yesterday by what is believed to be a dredger in the fog. Officials to Sign Savannah Harbor Deepening PPA Deepening the Savannah harbor is one step closer, with officials fr

about 12 years ago
VIDEO: Footage from New Suez Canal Dredger
Business & Finance

VIDEO: Footage from New Suez Canal Dredger

Director of Dredgers’ Administration with the Suez Canal Authority, Ahmed Sayed Ahmed, stated recently that the project of digging the New Suez Canal so far underwent several stages, including designing, dry digging and dredging. Ahmed added that the dredging stage reached 9 meters depth, as about 2

about 12 years ago
New Suez Canal Funding – Successful Experiment
Business & Finance

New Suez Canal Funding – Successful Experiment

Minister of Planning Ashraf al-Arabi said that the successful experiment in funding the New Suez Canal project could be repeated through the initial public offering for other national projects. Al-Arabi pointed out to the success of the initial public offering of the Suez Canal project’s investment

about 12 years ago
VIDEO: New Suez Canal Dredging
Business & Finance

VIDEO: New Suez Canal Dredging

Director of Dredgers’ Administration with the Suez Canal Authority, Ahmed Sayed Ahmed, stated recently that the project of digging the New Suez Canal so far underwent several stages, including designing, dry digging and dredging. Ahmed added that the dredging stage reached 9 meters depth, as about 2

about 12 years ago
Another Damen Dredger for Nigerian Customer
Business & Finance

Another Damen Dredger for Nigerian Customer

A Nigerian customer has added his 9th Damen dredger to its fleet. The CSD500 type cutter suction dredger was chosen due to the excellent availability of Damen Field Service in Nigeria. This local presence was very practical as well due to the challenging assembly conditions. The Damen Shipyards Grou

about 12 years ago
New Suez Canal Dredging Moves Forward
Business & Finance

New Suez Canal Dredging Moves Forward

Director of Dredgers’ Administration with the Suez Canal Authority, Ahmed Sayed Ahmed, has announced that the project of digging the New Suez Canal so far underwent several stages, including designing, dry digging and dredging. Ahmed added that the dredging stage reached 9 meters depth, as about 20,

about 12 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

Van Oord Paves the Way for Koper Port Growth The Group Luka Koper, one of the fastest growing ports in the Adriatic Sea, and Dutch-based company Van Oord have completed the first phase of the Port Koper deepening project. CHEC Wins Ashdod Port Gig China Harbour Engineering Company (CHEC) has won t

about 12 years ago
Minister Inspects Tema Port Development (Ghana)
Business & Finance

Minister Inspects Tema Port Development (Ghana)

Ghana’s Minister of Transport, Mrs Dzifa Ativor, recently expressed her satisfaction on the ongoing development works at the Tema Port that will improve the port’s operations and meet international standards. The expansion projects, which started in 2013 at the cost of $120 million, is being execute

about 12 years ago