Search results for: New Suez

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  • 11 February 2015
    Business & Finance

    Egyptian President Abdel Fattah Al Sisi gave an interview to Russia’s Sputnik news agency yesterday, on a number of issues including the bilateral relations and Egypt’s role at the Arab and African levels. In the interview, the President reviewed the New Suez Canal project, highlighting the “marvelous role” played by the Egyptian people to fund […]

  • 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 […]

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

    The Non-Governmental Organization (NGO), Dredging Suez Canal, has posted on its official facebook page this amazing photo of Van Oord’s cutter suction dredger Hector, working on the New Suez Canal dredging program. At the moment, 37 dredging vessels are involved in the project. Some of the world’s top dredging companies are taking part in this capital […]

  • 6 March 2015
    Business & Finance, Equipment, Technology, 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 […]

  • 15 May 2015
    Business & Finance, Project & Tenders

    Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, in early April deployed its Trailing suction hopper dredger VOLVOX ASIA to the New Suez Canal project. The vessel has hopper capacity of 10,834m³, and along with three stationary cutter suction dredgers and a large self-propelled cutter suction dredger is working on the New Suez […]

  • 2 August 2015
    Business & Finance

                    NMDC Announces Completion of Suez Dredging National Marine Dredging Company (NMDC), together with other members of the ‪Challenge Consortium‬ (Jan De Nul‬, Boskalis and Van Oord), has announced the completion of the New Suez Canal project following its successful trial run on Saturday, July 25.   Uljanik […]

  • 15 February 2015
    Business & Finance

                    Picture of the Day: ‘Artemis’ in New Suez Canal The New Suez Canal dredging program is moving ahead. The Van Oord’s self-propelled cutter suction dredger ‘Artemis’ arrived two days ago at the site and started work immediately.   VIDEO: Reuse of Dredged Materials by DEME DEME has […]

  • 2 October 2014
    Business & Finance, Equipment, Technology

    Minister of Planning Ashraf al-Arabi said that the successful experiment in funding the New Suez Canal project could be repeated through the initial public offering for other national projects. Al-Arabi pointed out to the success of the initial public offering of the Suez Canal project’s investment certificates. The Egyptians’ confidence in the Suez Canal project […]

  • 21 August 2014
    Business & Finance, Equipment, Technology

    Prime Minister Ibrahim Mahlab made an inspection visit to the digging site of the new Suez Canal Development Project on Tuesday. The PM was accompanied by Chairman of the Suez Canal Authority Mohab Mamish. As for funding the digging works of the new Suez Canal, Mahlab said it will be made through public subscription, government […]

  • 5 February 2015
    Business & Finance

    The Head of the Suez Canal Authority Mohab Memish, few days ago, visited the New Suez Canal to inspect progress being made on the project.  He informed crews working on the project that so far approx. 10 kilometers of the New Canal have been dredged up. At the moment, depth of the new waterway ranges between 9 to 24 […]

  • 18 May 2015
    Business & Finance, Project & Tenders

    Egypt’s President Abdel Fattah al-Sisi met yesterday, May 17th 2015, with the Chairman of the Suez Canal Authority Mohab Mamish to discuss the progress being made on the New Suez Canal project.  During the meeting, President Sisi emphasized that the project must be completed on time and in accordance with the latest international standards. According to spokesman […]

  • 24 April 2015
    Business & Finance

    The New Suez Canal will be equipped with the most modern seamarks and buoys to achieve the highest level of navigational safety to passing ships, Chairman of the Suez Canal Authority Mohab Mamish said. During a meeting with visiting UAE State Minister Sultan al Jaber and his accompanying delegation, Mamish said 110 buoys will be […]

  • 3 August 2015
    Business & Finance, Equipment, Technology

    National Marine Dredging Company (NMDC) has just released this very interesting video about the New Suez Canal development project. NMDC, together with other members of the ‪Challenge Consortium‬ (Jan De Nul‬, Boskalis and Van Oord), recently announced the completion of construction works on the new waterway, which involved dredging of 35 km of a new waterway […]

  • 10 June 2015
    Business & Finance, Equipment, Technology, Vessels

    About 214 million cubic meters of water-saturated sand have been removed so far from the New Suez Canal project, according to the head of the Suez Canal Authority, Mohab Mamish. This figure represents almost 82.7 pct of the targeted 258 million cubic meters, Mamish said. The executive director of dredging works at the project, Wagdi […]

  • 5 January 2015
    Business & Finance, Equipment, Technology

    Chairman of the Suez Canal Authority Mohab Mamish said recently that the digging rate was beyond expectations due to efforts exerted by the Egyptian army. “We are in a race against time to finish the new Suez Canal Project,” Mamish stated during a speech at Banha University over the newly-launched Suez Canal Project. Some of the world’s […]

  • 29 May 2015
    Business & Finance, Project & Tenders

    Works on the New Suez Canal are entering the final phase with over 40 dredgers working on the project at the moment. According to the Suez Canal Authority, all dredging works on the New Canal need to be completed by the end of June, after which the experimental operation will start. The vessels working on the project […]

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

                    DEME at New Suez Opening On Thursday, 6 August,2015, the Dredging International (75%) and Great Lakes Dredge & Dock Company (25%) consortium participated in the opening festivities of the modernized Suez Canal in Egypt.   VIDEO: New Canal – Icon of the Future Records were broken, vessels […]

  • 15 April 2015
    Business & Finance, Equipment, Technology, Vessels

    Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, has deployed its trailing suction hopper dredger Volvox Asia to the New Suez Canal Project. The Volvox Asia will accompany three stationary cutter suction dredgers and a large self-propelled cutter suction dredger, already working on the project. Another cutter suction dredger will be […]

  • 13 April 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 in full swing. Head of the Suez Canal Authority Mohab Mamish said that the preparations for the inauguration ceremony of the New Suez Canal are currently underway and the dredging works on the new waterway scheme will be finalized before the […]

  • 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 […]

  • 9 October 2014
    Business & Finance, Project & Tenders

    Two days ago, Egypt’s prime minister Ibrahim Mahlab paid a visit to Ismailia to follow up the ongoing work at the new Suez Canal project and congratulate the workers on the occasion of Eid al-Adha. Upon his arrival, Mahlab held a meeting with Suez Canal Authority Head Mohab Mamish and a number of officials including […]

  • 1 September 2014
    Business & Finance, Equipment, Technology

    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 August 5, President Abdel […]

  • 25 November 2014
    Business & Finance

    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. Companies from Egypt, UAE, the US, Belgium, and the Netherlands will dredge the new waterway. Included in the project are Boskalis, Van Oord, National Marine Dredging Company (NMDC), Jan de […]

  • 13 July 2015
    Business & Finance, Project & Tenders

    The world’s largest dredging project is close to an end with only 24 days left for inauguration of the New Suez Canal. So far, a total of 251 million cubic meters of sand has been removed from the New Suez Canal. According to the project’s executive administration, this figure represents almost 96 percent of the targeted 258 million […]