Search results for: canal

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  • 21 August 2015
    Business & Finance, Project & Tenders

    HKND Group, the company behind the Nicaragua Interoceanic Grand Canal project, has signed an agreement with CSA Global of Australia, entrusting CSA Global to conduct an aerial geological survey of the future canal route and Lake Nicaragua shore line.  The survey comprises of aerial mapping/photography, topography, and geophysical and geological data. “The survey is a major […]

  • 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 […]

  • 19 August 2015
    Business & Finance, Project & Tenders

    The Panama Canal Expansion Program August 2015 progress update has been just released. The Expansion Program, largest infrastructure project since the waterway’s original construction, will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, […]

  • 10 August 2015
    Business & Finance

    The Panama Canal Authority (ACP) has issued an Advisory to shipping, which sets a draft restriction for all shipping agents, owners and operators working with the Canal. These temporary and preventive measures are due to an anticipated climatic variability event related to El Niño, a climate phenomenon resulting in periodic warming of the tropical Pacific […]

  • 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 […]

  • 5 August 2015
    Business & Finance

    The Ministry of Interior is gearing up to secure the historic celebrations of the New Suez Canal, set for tomorrow, in the presence of a host of political leaders and world figures. The ministry said that as many as 10,000 police troops and 230 combat squads and central security forces are taking part in the […]

  • 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 […]

  • 3 August 2015
    Business & Finance

    Egypt will inaugurate this week a major expansion of the Suez Canal, completed in a third of the originally estimated time. This expansion program adds 35 kilometers of new channels, in addition to 37 kilometers of existing waterways that were dredged to allow larger vessels to pass. The Suez Canal Authority stated that 258 million […]

  • 30 July 2015
    Business & Finance

    The Montgomery County Commissioners on Tuesday officially opened the newly-restored Schuylkill River Towpath in Upper Providence Township, and in doing so filled in the last unfinished link on the River Trail in Montgomery County between Philadelphia and Phoenixville in Chester County. Joining the commissioners at the Red Bridge spanning the canal in Port Providence were […]

  • 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), […]

  • 21 July 2015
    Business & Finance, Project & Tenders

    The latest update for the largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program, has been just released. The massive Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, […]

  • 6 July 2015
    Business & Finance

    With the recent arrival of Royal Boskalis’ trailing suction hopper dredger “Oranje” at the site, a total of 242.1 million cubic meters of sand has been dredged from the New Suez Canal so far. According to the government latest report, the figure represents around 93 percent of the targeted 258 million cubic meters that should be dredged by the end of […]

  • 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 […]

  • 25 June 2015
    Business & Finance, Equipment, Technology

    Engineering and consulting firms setec and Royal HaskoningDHV have been selected by VNF, the French navigable waterways authority, to jointly provide program management assistance over 12 years for a canal link extending from France to Belgium. The vast new Canal Seine-Nord Europe will connect the basin of the Seine near Paris, to the Scheldt, near […]

  • 24 June 2015
    Business & Finance

    Southwind Construction Corporation, an Indiana-based dredging contractor, will begin dredging operations within the Dismal Swamp Canal near marker No.22 on June 29, 2015. These dredging operations will take place 24 hours a day, 7 days a week and the dredger ‘Kristi Joe’ and tender ‘Danny Joe’ will be involved in this dredging project. Floating rubber […]

  • 22 June 2015
    Business & Finance

    Volga-Dnepr Airlines has delivered a 28-ton shipment of power stations from New York to Cairo, Egypt, that will be used to supply the Suez Canal widening project. Before transportation on board one of Volga-Dnepr’s IL-76TD-90VD freighters, the airline’s engineers provided technical expertise to ensure the power stations would fit into the aircraft’s cargo hold. The […]

  • 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, […]

  • 19 June 2015
    Business & Finance

    A group of international scientists have released their findings about a proposed trans-isthmus shipping canal in Nicaragua, raising concerns about environmental impact and lack of information. The mega project would be built by the Nicaraguan government with the Hong Kong Nicaragua Canal Development Company (HKND) and would exceed the Panama Canal in both size and […]

  • 18 June 2015
    Business & Finance, Project & Tenders

    A new video has just been released on the Panama Canal Expansion Program, the largest infrastructure project since the waterway’s original construction. The Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving […]

  • 18 June 2015
    Business & Finance

    Dredging operations along the Lake Huron end of the Black River Canal in Port Huron are currently underway. “We worked with the Michigan Department of Environmental Quality (DEQ) to get an emergency permit to get it back open. The canal should be open to boaters by the weekend,” said Port Huron City Manager James Freed. The costs […]

  • 15 June 2015
    Business & Finance, Project & Tenders

    Last Thursday, the crews working on the the Panama Canal project celebrated another important milestone bringing the Expansion scheme one step closer to completion. Working on the project for the past seven years culminated with the flooding of the Third Set of Locks, last phase before the official opening of the canal. The start of the filling […]

  • 15 June 2015
    Business & Finance

    Among the five categories of the “2015 Latin American Projects of the Year Awards” at the 13th Latin American Infrastructure Leadership Forum, the Nicaragua Grand Interoceanic Canal was recognized by the judging panel and granted “Strategic Project of the Year Award” and “Job Creation Project of the Year Award.” Bill Wild, Chief Project Advisor of […]

  • 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 […]

  • 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 […]

  • 9 June 2015
    Business & Finance

    The Canal and River Trust has introduced a plan to carry out a £15 million dredging scheme in the next two years as part of their £80 million 10-year dredging program.  The Trust has agreed a two-year extension of the dredging contract with Land & Water to complete the increased amount of work. The program […]

  • 2 June 2015
    Business & Finance, Project & Tenders

    The Environmental and Social Impact Assessment (ESIA) report for the Nicaragua Canal Development Project, completed by Environmental Resources Management (ERM), has been presented to the Government of Nicaragua. Xu Changbao, General Manager of HKND’s Nicaragua Office, received the ESIA report from Manuel Román (senior consultant of ERM) and handed it over to the President of the Nicaragua […]