Search results for: New Suez

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

                    New Suez Canal Project on Right Track 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. VIDEO: World’s Biggest Marine Excavator at Work […]

  • 16 January 2015
    Business & Finance

    British Minister for the Middle East Tobias Ellwood has met Egyptian President Abdel Fattah el-Sisi. The meeting came at the end of a three-day British trade mission led by Mr Ellwood, which was the largest to Egypt in over ten years. The Minister arrived in Cairo last Monday leading the largest trade mission to Egypt, involving […]

  • 22 August 2014
    Business & Finance, Equipment, Technology

    Military Spokesman Brigadier Mohamed Samir yesterday said that 13.6 million cubic meters of material was excavated from the newly-launched Suez Canal project. In its statement, Samir noted that some 43 companies are now working at the project site and 5 companies are waiting to start work until necessary equipment arrives. He also said that the companies […]

  • 14 August 2014
    Business & Finance, Equipment, Technology

    Chairman of the Suez Canal Authority (SCA) and head of the executive council of the Suez Canal Corridor Project Mohab Mamish said that the name of the consortium that wins drawing up the Suez Canal Corridor Project’s blueprint would be announced within this week. He pointed out that the measures to choose that consortium were […]

  • 20 May 2015
    Business & Finance, Equipment, Technology

    Ackermans & van Haaren, a diversified group active in 5 key segments: Marine Engineering & Infrastructure (DEME,one of the largest dredging companies in the world), Private Banking, Real Estate, Leisure & Senior Care, Energy & Resources and Development Capital, has announced their business results for the first quarter of 2015. DEME (AvH 60.40%) realized an […]

  • 19 August 2014
    Business & Finance, Equipment, Technology

    The new Suez Canal Development project will not affect the archaeological sites in Sinai and Suez Canal provinces, said Antiquities Minister Mamdouh el-Damaty. The area of the new project does not include any archaeological sites, he added during his visit on Sunday to Sharqiya province. The digging works were divided into 33 sectors and assigned […]

  • 7 August 2014
    Business & Finance, Equipment, Technology

    President Abdel Fatah Al Sisi said on Tuesday that Egyptian national companies that will be assigned with the Suez Canal development project will be working under the direct supervision of the Armed Forces. Sisi added that national security considerations were kept in mind while undertaking this project. He added that Egyptians are sensitive over financing […]

  • 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, […]

  • 21 September 2014
    Business & Finance

    Water Enters New Suez Canal 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. Read More   VIDEO: Dredging for Eko Atlantic City Off the coast of […]

  • 18 August 2014
    Business & Finance, Equipment, Technology

    Eight million cubic meters have been dug in the New Suez Canal project so far, the Armed Forces said in a statement. “The digging pace will be increased after the rest of the digging equipment get into action,” the statement said. Forty-two companies and two battalions are taking part in the project, it indicated. The […]

  • 17 May 2015
    Business & Finance, Project & Tenders

                    Isla Grande Terminal Dredging Contract Inked  Crowley Puerto Rico Services, Inc. has further solidified its commitment to Puerto Rico with the execution of a $48.5 million construction contract for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico. Boskalis Reports Good First Quarter  […]

  • 18 May 2015
    Business & Finance, Project & Tenders

    Some of the world’s largest dredgers will arrive in Egypt over the next few weeks where they will join the crews that are already working on the expansion of the Suez Canal, reported the Middle East News Agency (Mena). According to Engineer Wagdy Zaki, executive manager of the project’s dredging works, Dutch dredging company Van Oord is about to send […]

  • 20 October 2014
    Business & Finance, Project & Tenders

    The Consortium Dredging International – Great Lakes Dredge & Dock Company has won $540 million deal, lot number six, for the deepening and widening of the Suez Canal. Prime minister of Egypt, Ibrahim Mahlab and the chairman of the Suez Canal Authority (SCA), Mohab Mohamed Hussein Mameesh, signed the contract in Cairo with the consortium Dredging […]

  • 19 October 2014
    Business & Finance, Project & Tenders

    A consortium consisting of Van Oord, Royal Boskalis Westminster N.V., NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez Canal Authorities in connection with the expansion of the Suez Canal, which provides a vital shipping link between Europe and Asia. The total contract value amounts to $1.5 billion, with […]

  • 14 August 2014
    Business & Finance, Equipment, Technology

    The Armed Forces have already commenced carrying out the New Suez Canal Project. The digging works were divided into 33 sectors and assigned to specialized civil companies and two road divisions of the Armed Forces Engineering Authority. The project will boost Egypt’s economy and help speed up the movement of vessels through the 193 km […]

  • 6 August 2015
    Business & Finance

    Great Lakes Dredge & Dock Corporation said that it will participate in the events planned to celebrate the recent completion of the New Suez Canal Project in Egypt, which will allow two way traffic by creating a parallel channel alongside 70 kilometers of the existing Canal.  Great Lakes, along with its Consortium partner Dredging International […]

  • 19 August 2014
    Business & Finance, Equipment, Technology

    The ministerial economic committee under Prime Minister Ibrahim Mahlab held a meeting yesterday to discuss procedures required for issuing investment certificates for the New Suez Canal Project. The meeting also tackled the ongoing preparations for a planned economic summit, which Egypt is set to host in September. Present at the meeting were the ministers of […]

  • 16 July 2015
    Business & Finance, Equipment, Technology, Vessels

    Jan De Nul‬ Group has just posted on its official facebook page this amazing photo of their Ibn Battuta, one of seven cutter suction dredgers of ‪‎Jan De Nul‬ Group currently working on the ‎New Suez Canal Project‬ in ‪‎Egypt‬. By the end of this month, 24 vessels of the ‪Challenge Consortium‬ (National Marine Dredging […]

  • 2 September 2014
    Business & Finance, Equipment, Technology

    The New Suez Canal Project is moving ahead. Around 17.5 million cubic meters of material have been dug so far. The digging works were divided into 33 sectors and assigned to specialized civil companies and two road divisions of the Armed Forces Engineering Authority. The project will boost Egypt’s economy and help speed up the movement […]

  • 21 October 2014
    Business & Finance, Project & Tenders

    National Marine Dredging Company (NMDC) will take part in an ambitious world class project to dredge the 35km of the New Suez Canal, parallel to the existing one. The $1.5 billion contract for the project was announced on October 18th by the Head of the Suez Canal Authority, Admiral Mohab Memish and Prime Minister Ibrahim […]

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

    Dredging Today has put together a recap of the most interesting articles from the previous week (April 6 – 12).   VIDEO: Dredger Oranje in South Korea Royal Boskalis Westminster N.V. launched this month the second edition of its magazine ‘Creating New HORIZONS’. In the publication, Boskalis highlighted a number of fascinating projects, including the expansion of the […]

  • 20 August 2014
    Business & Finance, Equipment, Technology

    Minister of Manpower and Migration Nahed el-Ashri said that the Ministry stands fully ready to provide support to the New Suez Canal Project. Ashri said that she asked the manpower chief in Ismailia Gamal Abdel-Salam to assess the cost of the project’s needs in order to provide them. The minister made the remarks following a […]

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

    Jan De Nul Group, expert in dredging and marine construction activities, has just released a photo of its cutter suction dredger (CSD) Zheng He working in the New Suez Canal, Egypt. According to Jan De Nul, CSD Zheng He is the record-holder in dredging volume. She dredged 20 million m³ since the start of the project. Her sister vessels CSD […]

  • 21 August 2015
    Business & Finance

    Following the completion of the New Suez Canal project, Egypt is embarking on a number of other new projects with the same goal, establishing itself as a premier destination for transhipment of cargoes. These include the construction of a new $2 billion grain terminal at Damietta, as well as the development of port and inland infrastructure […]

  • 14 September 2014
    Business & Finance, Equipment, Technology

    DEME: Sabetta Port Project (VIDEO) Arkhangelsk Branch of Rosmorport resumed the Sabetta Port dredging work in early August, as soon as the summer navigation period commenced.   Van Oord Completes Koper Dredging The Netherlands-based company Van Oord has completed the first phase of deepening operations at the Port of Koper increasing water depth of the port’s Container […]

  • 6 August 2015
    Business & Finance

    The new Suez Canal in Egypt will be officially opened today. A project for which Jan De Nul Group realized no less than one third of all works. “And that is something we are very proud of,” said Jan Pieter De Nul, CEO of Jan De Nul Group. “This really is an iconic performance. It […]