Search results for: canal

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  • 23 December 2014
    Business & Finance, Equipment, Technology

    Nicaraguan officials and the Hong Kong Nicaragua Canal Development Investment Company (HKND) broke ground yesterday on a $50 billion transoceanic waterway predicted to rival the Panama Canal. At the opening ceremony, Nicaragua’s Vice-President Omar Halleslevens stated that the new canal would change the history and the economy of Nicaragua, one of Latin America’s poorest countries. “With this great […]

  • 10 September 2010
    Vessels

    On Monday, September 6, Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta, and his wife Ana Matilde Alemán launched the QUIBIÁN I, a new cutter suction dredge custom-built by IHC Beaver Dredgers for the Panama Canal expansion. The QUIBIÁN I, named after a 15th century indigenous Panamanian leader whose name signifies resolution and unity, is […]

  • 11 January 2018
    Business & Finance, Equipment, Technology, Vessels

    The scope of dredging works performed by FSUE Rosmorport at access canals and water areas of Russia’s seaports exceeded 9.5 million m³ of material in 2017, the company said in their latest release. The majority of dredging operations was performed at Volga-Caspian canal (4.5 million m³), Kaliningrad canal (1.25 million m³), Azov-Don canal (0.5 million m³), Taganrog access […]

  • 19 February 2015
    Business & Finance

    The EU’s TEN-T Program will co-finance with over €2 million studies on the development of a cross-border canal linking The Seine in France and Scheldt (Escaut) rivers in Belgium. The canal is expected to facilitate the water transport between the Paris metropolitan area and the ports of Dunkerque, Antwerp and Rotterdam. The studies will focus […]

  • 17 February 2015
    Business & Finance

    A group of four Edinburgh College of Art (ECA) students on the new Material Practice – MSc program are working with Scottish Canals to repurpose material removed from canals during dredging. There are over 220 km of canals in Scotland. Although they are no longer avenues for trade and commerce, they are listed as industrial […]

  • 11 January 2016
    Business & Finance, Project & Tenders

    The Panama Canal Expansion works, the largest since the canal original construction, have reached near completion, with only four percent left to be completed.  In late December, the plug separating Culebra Cut from the new Pacific Access Channel was finally removed. The blasting that was performed on Thursday, 24 December, cleared the way for Panama Canal Dredging Division […]

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

    The head of the Suez Canal Authority (SCA) Mohab Mamish said this week that the dredging works on the New Suez Canal will be finalized before the deadline. He also added that the preparations for the inauguration ceremony of the new waterway are currently underway and the Suez Canal Authority will be responsible for running the Suez […]

  • 16 January 2014
    Business & Finance, Equipment, Technology

    The Board of Directors of the Panama Canal Authority (ACP) has reaffirmed its full support to the Panama Canal Administration in the management of the contract for the construction of the Third Set of Locks. In a press release issued yesterday, signed by the Chairman Roberto Roy, the Board of Directors reaffirmed its “full support […]

  • 27 July 2015
    Business & Finance

    Egypt’s coastal zones are due for some major changes as numerous multi-billion dollar projects aimed at boosting the national economy take hold and investments transform not only these areas, but the shape of the nation. In preparation for this year’s Coastal and Canal Zone Development Conference, taking place from 17-19 November (Dusit Thani, Cairo, Egypt), […]

  • 31 December 2013
    Business & Finance, Equipment, Technology

    On the countdown to its centennial in 2014, the Panama Canal celebrates 14 years under Panamanian administration, characterized by its enhanced service to world maritime trade. “The Panama Canal has strengthened its role in international trade, while contributing to the country’s development,” said Panama Canal Administrator Jorge L. Quijano. The Panamanian management model has enabled […]

  • 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 […]

  • 27 December 2016
    Business & Finance, Vessels

    The Panama Canal last week welcomed the largest capacity vessel to-date to transit the expanded locks – the 10.589 TEU neopanamax containership Valparaiso Express. This passage ushers in a new era of mega-ships that are now able to transit the Expanded Canal since its inauguration in June this year, the Panama Canal Authority (ACP) said in […]

  • 23 October 2014
    Business & Finance

    A $1 million grant from the Florida Department of Environmental Protection to the town of Miami Lakes will fund a canal stabilization project along approximately 3,000 linear feet of the Golden Glades and Peter’s Pike canals. The project is intended to minimize erosion of banks, maintain optimal stormwater flow and reduce debris and vegetation entering […]

  • 28 May 2014
    Business & Finance, Equipment, Technology

    Suez Canal yesterday achieved a record in the number of vessels and the cargo passing through it, Suez Canal Authority Chairman Mohab Mamish said. In statements to Al-Tahrir TV channel, Mamish said revenues of Suez Canal are on the rise, asserting that security levels at the water course were beefed up during the election days. […]

  • 18 October 2012

    Waterways Ireland has announced planned closures of the waterways for the winter of 2012-2013. GRAND CANAL – MAIN LINE – DUBLIN Portobello to Inchicore: Level C7 from Portobello to Inchicore will be closed for dredging from 8th October 2012 to 17th March 2013. Tullamore: The canal in Tullamore is scheduled to be closed from 5th […]

  • 12 June 2014
    Business & Finance, Equipment, Technology

    At the beginning of June, the Budgetary Committee of the German Federal Parliament allocated EUR 265 million for the widening of the Eastern section of the Kiel Canal. In April, the committee had already approved EUR 485 million for construction of a fifth lock in Brunsbüttel. To speed up the remaining planning and tendering for […]

  • 29 September 2016
    Business & Finance

    Pang Kwok Wai, Executive Vice President of HKND Group, and Telemaco Talavera, spokesperson of the Nicaragua Grand Canal Commission, participated in the XV Congress of Civil Engineering held in San Jose, Costa Rica earlier this month. During the event, they made a presentation of the Canal Project to experts and representatives from companies and organizations […]

  • 24 July 2014
    Business & Finance, Project & Tenders

    Upon request of the Superior Council of the Private Enterprise (COSEP), a group of top managers and engineers from HKND and ERM recently made a four hour long presentation to more than 200 members of COSEP and the Nicaraguan Council of Small and Medium Enterprises (CONIMIPYME) on the Integrated Development Project of the Grand Canal of Nicaragua. […]

  • 4 August 2013

    The first four new gates for the Panama Canal’s Third Set of Locks will be arriving to Panama from Italy. The Third Set of Locks has a total of 16 rolling gates (eight for each new lock complex).The new gates weigh an average of 3,300 tons each. They were constructed in Italy by subcontractor Cimolai […]

  • 7 November 2012
    Business & Finance

    Port Freeport Commissioners agreed to amend and extend the Memorandum of Understanding with the Panama Canal Authority. Last year, both parties signed the MOU as a joint effort to help promote business between the Canal and Port Freeport for one year. With this renewal, their efforts will be extended for five years. “This partnership is […]

  • 25 June 2015
    Business & Finance, Equipment, Technology

    About 230.307 million cubic meters of water-saturated sand has been dredged so far as part of the Suez Canal Development Project, said Mohab Mamish, the Head of the Suez Canal Authority, two days ago. The figure represents 89.27 per cent of the targeted 258 million cubic meters. Wagdy Zaky, the dredging operations executive director, said that around 38 dredgers […]

  • 24 June 2015
    Business & Finance, Equipment, Technology

    The Non-Governmental Organization (NGO), Dredging Suez Canal, has just posted on its official facebook page the latest photos from the New Suez Canal dredging project. About 228 million cubic meters of water-saturated sand has been dredged so far, Head of the Suez Canal Authority (SCA), Mohab Mamish, said two days ago. This amount represents 88.47% of […]

  • 14 October 2011

    In another important milestone of its Expansion Program, the Panama Canal Authority announced the completion of phase three of the dry excavation project in the construction of the Pacific Access Channel (PAC). The Pacific Access Channel will connect the third set of locks with the Culebra Cut and Gatun Lake. The third phase of the […]

  • 14 August 2013
    Business & Finance, Equipment, Technology

    The Panama Canal Authority (ACP) will invest in its fiscal year (FY) 2014 (October 1, 2013 to September 30, 2014) approximately US$238 million in maintenance of structures and equipment to continue providing an efficient service to the international maritime community. “The key to the Panama Canal’s operational excellence is a combination of its committed workforce […]

  • 5 July 2012

    The Punch reports that Mr. Julius Oloro, the Chairman of Ojodu Local Council Development Area, Lagos State, on Wednesday appealed to the state government to dredge the waterways in the area. Oloro said the call became necessary because of the devastating effects of floods occasioned by the blockage of two major waterways in the community […]

  • 20 February 2015
    Business & Finance, Equipment, Technology

    Fifty kilometers to the south of Port Said on the Mediterranean Sea, a new waterway is now 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 […]