Search results for: New Suez Canal

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  • 23 March 2015
    Business & Finance, Equipment, Technology

    The New Suez Canal development program is moving ahead and is scheduled to be completed this 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 Authority Mohab Mamish […]

  • 26 February 2015
    Business & Finance, Equipment, Technology

    Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, recently deployed its first dredging vessels to the New Suez Canal project. At the moment, they have three vessels in operation, two stationary cutter suction dredgers and the large self-propelled cutter suction dredger Artemis. This fleet will gradually be expanded with additional two dredging […]

  • 10 September 2014
    Business & Finance, Equipment, Technology

    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 operating in the canal. Mamish […]

  • 21 December 2014
    Business & Finance, Equipment, Technology

    Picture of the Day: The Largest Hopper Dredger With a hopper capacity of 46,000 m³, trailing suction hopper dredger Cristóbal Colón is the largest and the most high-tech dredger in the world today.   More Dredgers Ready for the New Suez Canal All vessels belonging to the Consortium consisting of Great Lakes (25%) and Dredging […]

  • 5 August 2015
    Business & Finance

    The Ministry of Interior is gearing up to secure the historic celebrations of the New Suez Canal, set for tomorrow, in the presence of a host of political leaders and world figures. The ministry said that as many as 10,000 police troops and 230 combat squads and central security forces are taking part in the […]

  • 2 January 2015
    Business & Finance, Project & Tenders

    With 2014 now behind us, we thought it would be a great idea to showcase some of the most watched videos of the year. The top ten videos of 2014 range from the Nicaraguan Canal Construction project and Panama Canal expansion to the New Suez Canal dredging. Enjoy!     – Phase One of the Brisbane Airport’s New Parallel Runway […]

  • 22 September 2014
    Business & Finance, Equipment, Technology

    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 Science Technology and Maritime Transport (AASTMT) […]

  • 14 April 2015
    Business & Finance, Equipment, Technology

    Dragflow has supplied two high head dredging pumps (HY85B) with two excavators (EXHY20) for one of the biggest contractors working in the tunneling part of the Suez Canal Development Project. These pumps will work at 44 m depth. This capital project will involve the construction of a tunnel south of  Port Said under the Suez […]

  • 11 February 2015
    Business & Finance

    The New Suez Canal development program is progressing according to schedule. The new canal is part of the Suez Canal development mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port Said, in addition to a seaport in the South Sinai city of Nuweiba and […]

  • 20 October 2014
    Business & Finance, Project & Tenders

    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 Suez Canal Authorities for the next phase of the New Suez Canal dredging works. Prime Minister Dr. […]

  • 26 December 2014
    Business & Finance, Equipment, Technology

     “We are in a race against time to finish the new Suez Canal Project,” Chairman of the Suez Canal Authority Mohab Mamish said on Tuesday. Mamish added that the digging rate was beyond expectations due to efforts exerted by the Egyptian army. Some of the world’s top dredging companies are taking part in the New […]

  • 12 June 2015
    Business & Finance, Project & Tenders

    The finish of the New Suez Canal dredging project is in sight. This mega-project, to dredge more than a million cubic meters of sand a day, is unprecedented in terms of speed, manpower and equipment being used for the works. According to the latest figures from the Suez Canal Authority, approximately 216 million cubic meters of material has […]

  • 13 February 2015
    Business & Finance, Equipment, Technology

    The New Suez Canal development 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 Said, in addition to a seaport in the South Sinai city of Nuweiba and the development of Sharm Al-Sheikh airport. The New Suez […]

  • 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. […]

  • 19 September 2014
    Business & Finance, Equipment, Technology

    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 Mamesh. Badawi quoted Sisi as asserting the project should be implemented on […]

  • 28 December 2014
    Business & Finance, Project & Tenders

                    Egypt Against Time to Finish New Suez Canal “We are in a race against time to finish the new Suez Canal Project,” Chairman of the Suez Canal Authority Mohab Mamish said on Tuesday.   Nicaragua Launches New Canal Project Nicaraguan officials and the Hong Kong Nicaragua Canal Development […]

  • 4 August 2015
    Business & Finance, Equipment, Technology, Vessels

    Records were broken, vessels were mobilized from every corner of the globe, and work was carried out non-stop. The construction of the new Suez Canal in Egypt was like a rollercoaster ride, said Van Oord. The new Suez Canal has been completed in record time thanks to several consortia from the global dredging scene. In […]

  • 16 March 2015
    Business & Finance, Equipment, Technology

    The New Suez Canal development scheme is progressing according to the plan, and is scheduled to be completed this 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 […]

  • 19 June 2015
    Business & Finance

    Egyptian President Abdel Fattah El Sisi held a meeting with head of the Suez Canal Authority (SCA) Mohab Mamish on Thursday to discuss updates on the New Suez Canal project and other annexed projects. During the meeting, President Sisi directed the SCA to upgrade the East Port Said harbor and a nearby industrial and logistic zone, […]

  • 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 July 2015
    Business & Finance

    With the recent arrival of Royal Boskalis’ trailing suction hopper dredger “Oranje” at the site, a total of 242.1 million cubic meters of sand has been dredged from the New Suez Canal so far. According to the government latest report, the figure represents around 93 percent of the targeted 258 million cubic meters that should be dredged by the end of […]

  • 11 May 2015
    Business & Finance

    Egyptian President Abdel-Fattah El-Sisi has invited his Russian counterpart, Vladimir Putin, to attend the inauguration of the New Suez Canal project, scheduled for August this year. Sisi extended the invitation to Putin at meeting in Moscow two days ago. The presidents also discussed prospects for the development of relations between the two countries. The Russian President thanked […]

  • 14 November 2014
    Business & Finance, Project & Tenders

    Head of the Suez Canal Authority (SCA) Mohab Mamish and United Arab Emirates Minister of State Sultan Ahmed al-Gaber earlier this week gave the green light for the start of dredging works on the new Suez Canal project. Earlier this month, the heavy duty dredger of the National Marine Dredging Company ‘al-Mirfa’, one of many […]

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

    The Non-Governmental Organization (NGO), Dredging Suez Canal, has just posted on its official facebook page this beautiful photo of Boskalis’ heavy-duty, rock cutting, stationary dredger Phoenix 1, working on the New Suez Canal dredging project. Boskalis is a member of the consortium that will be executing most of this development program, worth USD 1.5 billion, in […]

  • 23 February 2015
    Business & Finance

    Egyptian President Abdel Fattah el-Sisi yesterday inspected the digging and dredging operations under the New Suez Canal project. The Chairman of the Suez Canal Authority, Mohab Mamish, hosted Sisi, briefing him about the progress being made on the project. They also discussed the outlines of the Suez development plans, including extension of east Port Said seaport […]

  • 15 September 2014
    Business & Finance, Equipment, Technology

    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 scheduled to be implemented in the region. Ismailia governor Ahmed […]