Search results for: New Suez

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  • 6 August 2015
    Business & Finance

    President Abdel Fattah Al-Sisi will inaugurate the New Suez Canal project at massive ceremony today, marking a new beginning to Egypt towards a brighter future. The organizing committee for the inauguration ceremony said that the event will begin at 2 pm, where President Sisi will be on “El-Mahrousa Yacht” led by the new frigate “Long Live […]

  • 10 October 2014
    Business & Finance, Project & Tenders

    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 project within ambitious […]

  • 16 June 2015
    Business & Finance, Project & Tenders, Vessels

    The New Suez Canal project is well on schedule, with the opening ceremony set to take place on August 6. Jan De Nul six cutter suction dredgers working on site, together with 18 other dredgers of the Consortium partners, dredge 24/7 in order to deliver the New Suez Canal by August 2015. The Consortium, consisting of […]

  • 24 June 2015
    Business & Finance

    Inchcape Shipping Services (ISS) is advising on current Suez convoy information ahead of the new Suez Canal’s inauguration on 6 August 2015. The new Suez canal measures from 60 kilometers in length to 95 kilometers in length, while the project also involves deepening and widening the Great Bitter Lakes and Ballah bypass to a total […]

  • 2 September 2014
    Business & Finance, Equipment, Technology

    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 President Abdel Fattah El Sisi. He expected […]

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

    Van Oord’s trailing suction hopper dredger “Utrecht”, the first addition to the dredging fleet already working on the New Suez Canal project, has just passed the Strait of Hormuz and is on its way to Suez. The vessel, with a capacity of 16,000 m³, is the first of two giant dredgers that will help in the creation of the New […]

  • 30 September 2014
    Business & Finance, Equipment, Technology

    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 20,000 cubic meters are currently being dredged per day […]

  • 18 August 2014
    Business & Finance, Equipment, Technology

    Ahmed El-Tayyeb, Grand Imam of Al-Azhar, has urged Egyptians to support the New Suez Canal Project. During a visit to the project, Tayyeb said the New Suez Canal was a challenge to Egyptians that would show the strength, steadfastness and will of Egyptians. He was received upon his arrival at the scene by Chairman of […]

  • 1 March 2015
    Business & Finance, Equipment, Technology

                    Picture of the Day: Dredgers Crowding New Suez The New Suez Canal project is currently under construction and is scheduled to be delivered next August.   Chief Mate Guilty Over Fatal Dredger Collision On the 8th June 2014 the Shoreway, a 98 metre 5000 tonne dredger, owned […]

  • 30 November 2014
    Business & Finance

                    Latest Video on the New Suez Canal Project Dredging works on the new Suez Canal in Egypt, an ambitious project with a deadline of only nine months, are in full swing and are going according to schedule. Atlas Provides Professionals to New Suez Canal Project A consortium consisting of […]

  • 16 October 2014
    Business & Finance, Project & Tenders

    Head of the Suez Canal Authority (SCA) Mohab Mamish recently held meetings with four consortiums that have submitted their proposals for the next phase of the New Suez Canal dredging project. A high-ranking source with the SCA said that the consortiums, including Chinese and Dutch companies, are currently vying for the opportunity to continue dredging […]

  • 26 October 2014
    Business & Finance, Project & Tenders

                    Boskalis and Van Oord Confirm New Suez Canal Gig Royal Boskalis Westminster N.V. (Boskalis) and Van Oord have officially confirmed that a consortium consisting of Boskalis, Van Oord, National Marine Dredging Company (NMDC) of Abu Dhabi and Jan de Nul (Belgium) has won a major contract from the […]

  • 18 January 2015
    Business & Finance

    The State Information Service (SIS), in cooperation with the Suez Canal Authority, has organized a visit to the New Suez Canal project for reporters of newspapers, mass media and news agencies accredited to Egypt. The delegation was led by SIS Chairman Salah Abdel Sadeq and included the head of the Foreign Press Association and 150 […]

  • 22 July 2015
    Business & Finance, Project & Tenders

    The first trial run of the New Suez Canal has been set for Saturday, July 25, 11 days before the official inauguration of the new waterway.  According to the Mohamed Sakr, the head of navigational management department at the Suez Canal Authority, different size ships will participate in the trial of the new canal. Chairman of the Suez Canal Authority […]

  • 29 July 2015
    Business & Finance, Project & Tenders

    There are only eight days are left before the opening of the New Suez Canal. Official unveiling ceremony of the new waterway, also known as the Suez Canal Corridor, will be held on the banks of the New Canal on August 6th where Egyptian President Abdel Fattah El-Sisi will be joined by world leaders to witness the first ships traveling simultaneously […]

  • 26 May 2015
    Business & Finance, Project & Tenders

    Van Oord’s trailing suction hopper dredger “Utrecht”, the first addition to the dredging fleet already working on the New Suez Canal, arrived this morning in Suez. The second trailing suction hopper dredger owned by the Dutch dredging contractor Royal Boskalis Westminster N.V., the “Oranje” is expected at the site on June 12. With these two […]

  • 16 February 2015
    Business & Finance, Vessels

    The New Suez Canal is the name of a new waterway project in Egypt, expanding the existing Suez Canal between the Mediterranean Sea and the Red Sea. This program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port […]

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

    Construction works on a multi-billion dollar New Suez Canal project, which will expand the existing Suez Canal, are nearing its completion. Egyptian President Abdel Fattah el-Sisi said two days ago that dry digging in the canal is 100 percent completed while dredging work is 65 percent finished. The New Suez Canal project will be inaugurated […]

  • 15 August 2014
    Business & Finance, Equipment, Technology

    President Abdel Fattah El Sisi met on Thursday with Prime Minister Ibrahim Mahlab, Central Bank of Egypt (CBE) Governor Hisham Ramez, Minister of Finance Hany Qadry, International Cooperation Minister Naglaa el-Ahwani, and Investment Minister Ashraf Salman to discuss plan of funding new Suez Canal project. In a press release, Presidential Spokesman Ihab Badawi said that […]

  • 27 February 2015
    Business & Finance

    The New Suez Canal project is moving ahead according to plan, and is scheduled to be delivered next 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 Canal […]

  • 16 September 2014
    Business & Finance, Equipment, Technology

    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 the movement of vessels through […]

  • 29 September 2014
    Business & Finance, Equipment, Technology

    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 20,000 cubic meters are currently being dredged per day […]

  • 27 July 2015
    Business & Finance, Project & Tenders

    The first test run of the New Suez Canal was performed successfully on Saturday, July 25th, bringing this iconic project one step closer to completion. In total, six different size boxships successfully navigated the new waterway, proving its readiness for full-fledged operations. The trial run is an important milestone before the official inauguration of the New Canal, on Thursday, August 6, 2015. […]

  • 18 February 2015
    Business & Finance

    Well ahead of schedule, the Consortium Dredging International NV (DI) and Great Lakes and Dock Dredging Company (GLDD) have reached their first dredging milestone of 11.000.000 m³ on lot 6 of the New Suez Canal project. The canal is now reaching 28% completion. The project was launched by the Chairman of the Suez Canal Authority […]

  • 17 February 2015
    Business & Finance, Equipment, Technology

    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-Sisi on 5 August 2014. The New Suez Canal dredging […]

  • 2 October 2014
    Business & Finance, Equipment, Technology

    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 20,000 cubic meters are currently being dredged per day […]