Search results for: canal project

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  • 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 […]

  • 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 […]

  • 16 November 2014
    Business & Finance

                    Investigation Launched After Fatal Dredging Accident The body of Floris Heeren, a 23-year-old Belgian crew member of the “Juan Sebastian de Elcano”, who died after falling off his ship Monday, November 3rd, has been recovered and brought to a funeral parlor, reported the abs-cbnnews. Southampton Port Ready for Giants […]

  • 2 March 2015
    Business & Finance, Equipment, Technology

    The New Suez Canal project is making progress 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 Authority […]

  • 25 February 2015
    Business & Finance

    The New Suez Canal project is currently under construction, and is scheduled to be delivered next August. It will run parallel to the original Canal at a length of 72 km, allowing vessels to travel both ways along its length, cutting transit time from 20 to 11 hours. This giant scheme includes plans to develop logistics […]

  • 3 March 2015
    Business & Finance, Equipment, Technology

    The New Suez Canal project is currently under construction, and is scheduled to be completed in August this year. It will run parallel to the original Canal at a length of 72 km, allowing vessels to travel both ways along its length, cutting transit time from 20 to 11 hours. This giant scheme includes plans to develop logistics […]

  • 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 […]

  • 13 August 2014
    Business & Finance, Equipment, Technology

    Head of the Egyptian Armed Forces Engineering Authority, Major General Kamel el-Wazeer, has invited contracting companies to join works at the Suez Canal Mega Project. Any company that can dig 500 meters of land can file its application, el-Wazeer told reporters on Tuesday. More than 40 companies specialized in drilling and digging works are involved […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 30 March 2015
    Business & Finance

    The New Suez Canal project is currently under construction, and is scheduled to be finished this August. It will run parallel to the original Canal at a length of 72 km, allowing vessels to travel both ways along its length, cutting transit time from 20 to 11 hours. This giant scheme includes plans to develop logistics and […]

  • 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 […]

  • 9 March 2015
    Business & Finance, Equipment, Technology

    The Suez Canal dredging scheme comes as a part of the mega New Suez Canal project. Besides dredging, the project includes development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port Said. Also included in the project is a seaport in the South Sinai city of Nuweiba and the development […]

  • 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 […]

  • 20 March 2015
    Business & Finance, Vessels

    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 […]

  • 30 January 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 […]

  • 2 April 2015
    Business & Finance

    The New Suez Canal project is currently under construction and is scheduled to be completed in August this year. It will run parallel to the original Canal at a length of 72 km, allowing vessels to travel both ways along its length, cutting transit time from 20 to 11 hours. This giant scheme includes plans to develop logistics […]

  • 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 […]

  • 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 […]

  • 2 September 2014
    Business & Finance, Equipment, Technology

    President Abdel Fattah al-Sisi issued a presidential decree on the investment certificates for the New Suez Canal project, Presidential Spokesman Ihab Badawi said. Under the decree, the National Bank of Egypt, Banque Misr, Banque du Caire and Suez Canal Bank are entitled to issue the new certificates. The certificates will be issued in various categories […]

  • 10 August 2014
    Business & Finance, Equipment, Technology

    The Panama Canal Administrator Jorge L. Quijano held an informative meeting with a delegation headed by Mo Wenhe, Chairman of the China Harbour Engineering Company (CHEC) and Wei Hua Wang, representative of the Chinese-Panamanian Office of Business Development. Mo Wenhe showed interest in the development of projects in the Panama Canal during the upcoming years. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 9 February 2015
    Business & Finance, Project & Tenders

    HKND Group and Environmental Resources Management (ERM) handed over to the Nicaraguan Institute of Culture (INC) more than 14,000 precious archaeological artifacts, including primarily pre-Columbian ceramic sherds, during a ceremony held at the National Palace of Culture in Managua on February 4, 2015. This archaeological wealth, which dates back to 500 B.C. to A.D. 1519, […]