Africa

Dredging on New Suez Canal in Full Swing
Business & Finance

Dredging on New Suez Canal in Full Swing

Dredgers are now in operation at the new canal in Suez, according to sis.gov.eg. Chairman of the Suez Canal Authority (SCA) Mohab Mamish was on the site on Tuesday as dredgers “Tariq bin Zeyad” and “10th of Ramadan” entered the new canal from the south. “Salahuddin al-Ayyoubi” and “Mecca” are also o

about 12 years ago
VIDEO: New Suez Canal Dredging – The First Day
Business & Finance

VIDEO: New Suez Canal Dredging – The First Day

The New Suez Canal dredging program has officially commenced. This phase of the project will be undertaken in parallel with the dry digging. This development project will boost Egypt’s economy and help speed up the movement of vessels through the 193 km long canal, which connects the Red Sea to the

about 12 years ago
M318F and M320F Wheel Excavators Introduced
Business & Finance

M318F and M320F Wheel Excavators Introduced

When designing the new Cat® M318F and M320F Wheel Excavators, Caterpillar solicited customer input for characteristics considered important. Heading the list were initial quality and reliability, low operating costs, operator comfort and safety, simplicity of operation and maintenance, durability, a

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

Highlights of the Week – Readers’ Choice

Van Oord: New SRI Vessel for Offshore Division Van Oord has ordered a new subsea rock installation vessel. Sinopacific Shipbuilding Group Shanghai will build the vessel at its Ningbo yard in China. The vessel will be delivered in 2016. GLDD Wins $30 Mln Freeport Harbor Contract Great Lakes Dredge

about 12 years ago
Maputo Dredging on the Way
Business & Finance

Maputo Dredging on the Way

A maintenance dredging of the Port of Maputo quays is scheduled to begin in a month’s time, using TNPA’s (Transnet National Ports Authority) brand new dredging vessel Italeni. This campaign will ensure that all quays at the port are returned to their designed depth. The dredging contract was signed

about 12 years ago
New Guide to Help Address Challenges of Water Management
Business & Finance

New Guide to Help Address Challenges of Water Management

A new Green Infrastructure (GI) guide, launched this week at World Water Week, is set to raise much needed awareness of the benefits of GI solutions for water resources management, according to the United Nations Environment Program (UNEP). The Green Infrastructure Guide for Water Management: Ecosys

about 12 years ago
VIDEO: Caterpillar Machines at Work on New Suez Canal Project
Business & Finance

VIDEO: Caterpillar Machines at Work on New Suez Canal Project

The New Suez Canal Project is moving ahead. Around 17.5 million cubic meters of material have been dug so far. The digging works were divided into 33 sectors and assigned to specialized civil companies and two road divisions of the Armed Forces Engineering Authority. The project will boost Egypt’s e

about 12 years ago
Egypt: Huge Turnout Expected for Suez Canal Certificates
Business & Finance

Egypt: Huge Turnout Expected for Suez Canal Certificates

Governor of the Central Bank of Egypt (CBE) Hisham Ramez announced on Sunday issuance of investment certificates for the New Suez Canal Project. Ramez said that Cabinet’s economic group has agreed on issuing investment certificates of the New Suez Canal project and that the issue was raised to Presi

about 12 years ago
New Suez Canal: President Issues Decree on Investment Certificates
Business & Finance

New Suez Canal: President Issues Decree on Investment Certificates

President Abdel Fattah al-Sisi issued a presidential decree on the investment certificates for the New Suez Canal project, Presidential Spokesman Ihab Badawi said. Under the decree, the National Bank of Egypt, Banque Misr, Banque du Caire and Suez Canal Bank are entitled to issue the new certificate

about 12 years ago
Egypt: New Suez Canal Dredging Kicks Off
Business & Finance

Egypt: New Suez Canal Dredging Kicks Off

Major General Kamel al-Waziri, chief of the Engineering Authority of the Armed Forces, said that the New Suez Canal dredging program will start today. Waziri added that dredgers will enter into the site of the New Suez Canal to begin the second stage of digging in parallel with the dry digging. On A

about 12 years ago
Top News – August 25 to 31, 2014
Business & Finance

Top News – August 25 to 31, 2014

Royal IHC Starts Building EasydredgeTM 2700 for Stock Royal IHC is constructing the first vessel in its range of competitively priced standard trailing suction hopper dredgers (TSHD). It has started to build the Easydredge™ 2700 for stock in response to the increasing global demand for TSHDs with an

about 12 years ago
New Equipment Arrives at Suez Canal Project
Business & Finance

New Equipment Arrives at Suez Canal Project

Around 17.5 million cubic meters of material have been dug so far at the newly-launched Suez Canal Project, military spokesman Brigadier Mohamed Samir said. In a statement, Samir noted that some 52 companies are now working at the project site. He added that new equipment were imported from aboard f

about 12 years ago