Search results for: Egypt

243 results

A list of search results

  • 13 August 2014
    Business & Finance, Equipment, Technology

    Head of the Egyptian Armed Forces Engineering Authority, Major General Kamel el-Wazeer, has invited contracting companies to join works at the Suez Canal Mega Project. Any company that can dig 500 meters of land can file its application, el-Wazeer told reporters on Tuesday. More than 40 companies specialized in drilling and digging works are involved […]

  • 22 January 2015
    Business & Finance, Vessels

    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 New Suez Canal will partially run in parallel to the current waterway and partially entail widening and deepening of existing parts thereof. The contract includes the construction of the […]

  • 28 May 2014
    Business & Finance, Equipment, Technology

    Suez Canal yesterday achieved a record in the number of vessels and the cargo passing through it, Suez Canal Authority Chairman Mohab Mamish said. In statements to Al-Tahrir TV channel, Mamish said revenues of Suez Canal are on the rise, asserting that security levels at the water course were beefed up during the election days. […]

  • 13 May 2013

    President Mohamed Morsi has called for expediting the implementation steps for the Suez Canal Corridor project in view of its positive effect in supporting the Egyptian economy, luring Arab and world investments, providing thousands of job opportunities for the Egyptians in general and Sinai citizens and the Canal region in particular. This came during the […]

  • 20 February 2012

    Minister of Transport Galal Mustafa said the government approved a project to dig a side canal to East of Port Said harbor. The new waterway, with a 9-Kms length 18.5-meters depth will cost around EGP510 million, he said on Sunday 19/2/2012. The new canal will allow handling giant container ships, he added. Port Said lies […]

  • 5 December 2014
    Business & Finance

    The Head of the Armed Forces Engineering Department and the supervisor of the New Suez Canal project, Major General Kamel Al-Wazir, said yesterday that the digging rate at the project reached 142 million cubic meters. The project is designed to enlarge the transit capacity and to increase industrial activity in the area. This capital project was inaugurated […]

  • 6 June 2013
    Business & Finance

    The National Marine Dredging Company (NMDC) was ranked No. 1 on the category of services in the Top 500 Companies of the Arab World 2013 by Forbes Middles East (Saudi Arabia, Jordan, Egypt, Oman, Qatar , Kuwait , UAE…). NMDC received the award from H.H. Sheikh Nahayan Mubarak Al Nahayan, Minister of Culture, Youth and […]

  • 24 November 2014
    Business & Finance, Equipment, Technology

    A consortium consisting of the world’s biggest dredging companies has started on the “New Suez” Canal project in Egypt. The companies will work together to create another canal that will run alongside the existing Suez Canal, in order to allow ships to simultaneously pass one another. Atlas Professionals is one of the agencies to provide […]

  • 21 October 2014
    Business & Finance, Project & Tenders

    Five state-of-the-art Cutter Suction Dredgers from Jan De Nul Group will be mobilized for the construction of the new Suez Canal in Egypt, the company reported. The five dredgers, including the world’s largest Cutter Dredger, are J.F.J. De Nul, Kaerius, Fernão de Magalhães, Ibn Battuta and Zheng He. Combined they have a total installed diesel power […]

  • 13 March 2017
    Business & Finance

    APM Terminals, the majority shareholder of the Suez Canal Container Terminal (SCCT), in partnership with the Egyptian government and local authorities, recently completed a dredging project within the Port Said East’s side channel and port basin. SCCT said in its latest release that they are now fully able to accommodate ultra-large container ships (ULCS), including the Maersk […]

  • 14 June 2012

    APM Terminals announces the appointment of Mr. Ben Vree to the position of Chief Executive Officer of the Europe Region, effective 13 June 2012. As Europe’s Regional CEO, based in Rotterdam, Mr. Vree will lead a business that encompasses: • A combined container volume of 6,737,000 (Equity weighted) TEUs in 2011, representing 36% of total […]

  • 1 November 2019
    Business & Finance, Vessels

    Hansel Marine, a Chinese manufacturer of dredgers and dredging equipment, has successfully dispatched a new HS-55CB cutter suction dredger (CSD) from Shanghai Port to Alexandria, Egypt. The dredger – with a customized design – was built by Hansel Marine in accordance with the specific requirements of the dredging project and complying with the international shipbuilding […]

  • 29 March 2015
    Business & Finance, Equipment, Technology, Vessels

                    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 […]

  • 15 July 2020
    Business development

    Last week, the cutter suction dredger (CSD) Mohab Mameesh took further shape after the installation of its advanced equipment, such as the cutterladder and spud carrier, Royal IHC said in their latest announcement. With this, the project reaches another milestone towards the completion and delivery of this mighty vessel to their client Suez Canal Authority. […]

  • 8 November 2014
    Business & Finance, Equipment, Technology

                    NMDC Dredger Al Mirfa Enters Suez The official commencement of the Suez Canal Expansion Dredging Contract is now one step closer with the arrival of the first Consortium dredger, the National Marine Dredging Company’s ‘Al Mirfa’.   Dutch, Egyptian MoU Signed Egypt and the Netherlands have signed […]

  • 16 May 2017
    Business & Finance

    National Marine Dredging Company (NMDC) yesterday reported a sharp year-on-year decline in its profits by 85.2% in the first three months of 2017. According to the company filing to the Abu Dhabi Securities Exchange (ADX), NMDC’s profits fell to $421,900 (AED 1.55 million) in Q1-17, from $2.85 million (AED 10.46 million) in the corresponding period of 2016. […]

  • 22 September 2014
    Business & Finance, Equipment, Technology

    Floods in Bangkok and the Thames delta, salt intrusion in Egypt and Bangladesh; these are just some examples of rising risks to coastal river deltas and delta cities driven by rapid urbanization, subsidence and climate change. How to manage the growing risks for population and industry in the deltas will again be debated at the […]

  • 12 May 2015
    Business & Finance, Equipment, Technology, Vessels

    The developments at Royal Boskalis Westminster N.V. (Boskalis) in 2015 to date have been positive and in line with the company’s expectations. Reported revenue increased compared to the same period in 2014. Revenue was stable when adjusted for acquisitions, divestments and currency effects. In the course of the quarter the order book fell slightly compared […]

  • 12 June 2012
    Vessels

    A Damen Cutter Suction Dredger, type CSD500, has been built under license by Canal Naval Construction for the Egyptian General Authority for Fish Resource Development. The customer, a long term Damen customer, requested local construction which was supervised by Damen Technical Cooperation (DTC). Damen delivered a complete dredging package so that the customer could start […]

  • 27 August 2019
    Business & Finance, Vessels

    Last week, the keel laying of the two custom-built 29,190kW heavy-duty rock cutter suction dredgers for the Egyptian Suez Canal Authority (SCA), took place at Royal IHC’s shipyard in Krimpen aan den IJssel. The vessels, named MOHAB MAMEESH and 26th OF JULY, will have an overall length of 147.4 meters and provide a maximum dredging […]

  • 20 April 2015
    Business & Finance

    The Non-Governmental Organization (NGO), Dredging Suez Canal, has posted on its official facebook page this very interesting photo from the New Suez Canal dredging program. Head of the Suez Canal Authority Mohab Mamish recently said that the dredging works on the new waterway scheme will be finalized in July 2015, one month before the deadline. […]

  • 8 February 2011

      Under the auspices of Admiral Ahmed Aly Fadel, SCA Chairman, and professor Mohamed Al Zoghby, SCU President, the 2nd international forum, “the Suez Canal and the International Variables “, was held for 2 days in the SCU conference Hall, and the SCA Research Centre Hall. This forum will be held, according to the last […]

  • 5 November 2014
    Business & Finance, Project & Tenders, Vessels

    The official commencement of the Suez Canal Expansion Dredging Contract is now one step closer with the arrival of the first Consortium dredger, the National Marine Dredging Company’s ‘Al Mirfa’.  Dignitaries from Egypt, United Arab Emirates, Netherlands and Belgium celebrated the arrival of the vessel. The Al Mirfa, mobilized to the project from the UAE, […]

  • 12 March 2019
    Business & Finance, Equipment, Technology, Vessels

    Royal IHC has awarded Pentair Fairbanks Nijhuis an order to supply cooling water, rinsing and gland pumps for two new cutter section dredgers to be built for the Suez Canal Authority (SCA). The order includes supply of a total of 102 pump sets for both vessels. Royal IHC recently received an order from the Suez […]

  • 3 October 2017
    Business & Finance, Equipment, Technology, Vessels

    The Egyptian Suez Canal Authority (SCA) has signed a contract with Royal IHC for the design and construction of two custom-built 29,190kW heavy-duty rock cutter suction dredgers (CSDs). The vessels will have an overall length of 147.4 meters and provide a maximum dredging depth of 35 meters. In addition, they will offer accommodation facilities for […]

  • 10 December 2012
    Business & Finance

    Prime Minister Hisham Qandil said on Sunday 9/12/2012 that a massive national project to develop Suez Canal axis is ready to be carried out. The project will attract investments boosting up the Egyptian economy, said the Premier after a meeting with Minister of Housing and Urban Development Tarek Wafiq. Establishing a logistic region in Suez […]