Search results for: New Suez

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  • 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 […]

  • 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 […]

  • 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 […]

  • 12 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 […]

  • 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, […]

  • 7 September 2014
    Business & Finance, Equipment, Project & Tenders, Technology

    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 & Dock Corporation (Great Lakes), the […]

  • 6 April 2015
    Business & Finance, Equipment, Technology

    The preparations for the inauguration ceremony of the New Suez Canal are currently underway, according to the head of the Suez Canal Authority (SCA) Mohab Mamish. Mamish said two days ago that the dredging works on the new waterway scheme will be finalized before the deadline. He also added that the Suez Canal Authority will be responsible […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 5 June 2015
    Business & Finance, Project & Tenders

    The opening ceremony for Egypt’s New Suez Canal, scheduled to take place on August 6, will not be paid out of the State budget under directive of President Abdel Fattah El Sisi, Chairman of the Suez Canal Authority Mohab Mamish said. All dredging companies that are participating in the project were invited to contribute to the […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 4 May 2015
    Business & Finance

    Up to 157.260 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said executive director supervising the dredging process Wagdi Zaki. This rate represents 62.9 percent of a total 250 million cubic meters that should be dredged as part of the program, he added. At […]

  • 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 […]

  • 2 February 2015
    Business & Finance

    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 contract includes the construction of the parallel section of the canal with a length of approximately 50 kilometers to allow ships to simultaneously transit in two directions as well […]

  • 22 June 2015
    Business & Finance

    The President of France, Francois Hollande, will participate in the inauguration ceremony of the New Suez Canal, scheduled for August 6. This news was revealed after Egyptian President Abdel Fatah al-Sisi met with French Foreign Minister Laurent Fabius Saturday at the Cairo Presidential Palace. At the meeting, both sides discussed bilateral relations and international and regional issues of […]

  • 6 August 2015
    Business & Finance, Equipment, Technology

    Dredging Today is bringing you live coverage of the New Suez Canal opening ceremony, hosted by the Egyptian President Abdel Fattah Al-Sisi.   Live stream provided by the Abdel Fattah Al-Sisi official youtube channel

  • 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 […]

  • 20 August 2014
    Business & Finance, Equipment, Technology

    During a ceremony attended by Prime Minister Ibrahim Mahlab and nine ministers, the Chairman of the Suez Canal Authority and Head of the Executive Council of the New Suez Canal Project, Vice-Admiral Mohab Mamish, said the Egyptian-Bahraini Dar Al-Handassa consortium won the contract of carrying out the landscape of the Suez Canal Development Project. He […]

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

    Fifty kilometers to the south of Port Said on the Mediterranean Sea, a new waterway is being excavated parallel to the existing canal.  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 Said, in addition to […]

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

    The State Information Service said that about 232.800 million cubic meters of water-saturated sand has been dredged so far as part of the Suez Canal Development Project. This represents 90.6 percent of a total 258 million cubic meters that should be dredged, the Head of the Suez Canal Authority, Mohab Mamish, said. The inauguration ceremony of the new waterway is […]

  • 10 April 2015
    Business & Finance, Equipment, Technology

    Kiasma, a company involved in research and development of thermoplastic material (HDPE), has been selected as a supplier of the discharge floating pipes for the New Suez Canal Project. The HDPE pipes that will be used for dredging of the Suez Canal have been produced by Kiasma in cooperation with Deriplast (K & D Dredging). Suez Canal Authority (SCA) […]

  • 27 March 2015
    Business & Finance

    Suez Canal Authority head Mohab Mamish said that the Suez Canal expected revenues for the fiscal year 2014/2015 will exceed 40 billion pounds (about $5.2 billion). He told reporters after a Cabinet meeting on Wednesday that the revenues were affected recently because of shortage of foreign currencies but the revenues increased in the Egyptian pound. […]

  • 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 […]