Africa

New Equipment Arrives at Dar es Salaam Port
Business & Finance

New Equipment Arrives at Dar es Salaam Port

Inchcape Shipping Services (ISS) has recently managed heavy lift vessel project for Shanghai-based heavy-duty equipment manufacturer ZPMC in Tanzania. Last month, ISS Tanzania acted as port and discharging agents for the carrier Zen Hua 21 which was carrying two SSG (Ship to Shore Gantry) and seven

about 12 years ago
New Initiative to Assess Flood Risks
Business & Finance

New Initiative to Assess Flood Risks

The World Resources Institute (WRI), Deltares and three other Dutch research organizations launched a four-year initiative yesterday at the UN Climate Summit in New York. This initiative is supported by the Government of the Netherlands, that will assess flood risks and recommend practical steps to

about 12 years ago
New Suez Canal: 25 Pct of Digging Work Finished
Business & Finance

New Suez Canal: 25 Pct of Digging Work Finished

Egypt’s President Abdel Fattah El Sisi is closely following up the developments related to the New Suez Canal Project, said Head of the Suez Canal Authority Mohab Mamish. The project is moving in line with the scheduled timeline, he added during a celebration organized by the Arab Academy for Scienc

about 12 years ago
Utilizing the Full Potential of Dredging Works
Business & Finance

Utilizing the Full Potential of Dredging Works

Marine extraction sites alter the morphology of the seabed and in doing so offer unique opportunities to create a new environment in these locations, stated the article “Utilizing the Full Potential of Dredging Works: Ecologically Enriched Extraction Sites”, published in the September issue of Terra

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

Highlights of the Week – Readers’ Choice

Water Enters New Suez Canal Suez Canal Authority Chairman Mohab Mamish announced yesterday that water has entered the New Suez Canal waterway from the northern and southern entrances of the Canal. He added that this is a historical moment for the country. Read More VIDEO: Dredging for Eko Atlantic

about 12 years ago
New Suez Canal on Right Track
Business & Finance

New Suez Canal on Right Track

President Abdel Fatah al-Sisi hailed the Egyptians’ unprecedented turnout for buying investment certificates needed for funding the New Suez Canal, Presidential spokesman Ehab Badawi said. He said the president made his comments during his meeting with the head of the Suez Canal Authority Mohab Mame

about 12 years ago
VIDEO: Dredging for Eko Atlantic City
Business & Finance

VIDEO: Dredging for Eko Atlantic City

Off the coast of Lagos, mighty dredgers are working daily to reclaim land lost to the sea. Eko Atlantic City is being constructed in six phases – and the first phase entails creating 10 square kilometers of prime land along the Great Wall of Lagos. When the dredging is completed, a total volume of s

about 12 years ago
Water Enters New Suez Canal
Business & Finance

Water Enters New Suez Canal

Suez Canal Authority Chairman Mohab Mamish announced yesterday that water has entered the New Suez Canal waterway from the northern and southern entrances of the Canal. He added that this is a historical moment for the country. The New Suez Canal project will boost Egypt’s economy and help speed up

about 12 years ago
Minister Tours New Suez Canal
Business & Finance

Minister Tours New Suez Canal

Egypt’s Antiquities Minister, Mamdouh Damaty inspected the site of the New Suez Canal project yesterday. During his tour, the minister listened to a detailed explanation of the project’s phases. He also reviewed all maps of the project to spotlight the archaeological development projects, which are

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

Highlights of the Week – Readers’ Choice

DEME: Sabetta Port Project (VIDEO) Arkhangelsk Branch of Rosmorport resumed the Sabetta Port dredging work in early August, as soon as the summer navigation period commenced. Van Oord Completes Koper Dredging The Netherlands-based company Van Oord has completed the first phase of deepening operati

about 12 years ago
CAT: New HDH System for Mini Excavators
Business & Finance

CAT: New HDH System for Mini Excavators

The five compact radius Cat® E2 Series Mini Hydraulic Excavators—303.5E2, 304E2, 305E2, 305.5E2 and 308E2—will all be produced at Caterpillar’s new 850,000 square foot facility in Athens, Georgia, USA and will also use the new High Definition Hydraulic system. The E2 models are designed to carry on

about 12 years ago
AfDB OKs Funding for Greenfield Port
Business & Finance

AfDB OKs Funding for Greenfield Port

The Board of Directors of the African Development Bank Group (AfDB) approved a combined US $256 million for the financing of investments in Nigeria and Ethiopia as well as a multinational projects preparation facility. The approvals comprise a US $150-million senior loan to Lekki Port LFTZ Enterpris

about 12 years ago