Search results for: new canal

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  • 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 […]

  • 19 October 2015
    Business & Finance, Project & Tenders

    Seven years had passed since the inauguration of the Panama Canal Expansion Program and the project continues forward at full speed.  The countdown for the completion of the expansion is on where every component, every cubic meter of excavated and dredged rock bring this mega-project closer to the launch phase. Works on the Panama Canal Expansion, […]

  • 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 […]

  • 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 […]

  • 5 August 2014
    Business & Finance, Equipment, Technology

    Egypt’s President Abdel Fattah al-Sisi attended the ceremony of launching the Suez Canal Axis Development Project at the Suez Canal Authority (SCA) club, Ismailia governorate. SCA Chairman Lt. General Mohab Mamesh delivered a speech, recalling that Egyptians have scarified their lives to dig the Suez Canal, which changed the history and became the life line […]

  • 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 […]

  • 1 September 2014
    Business & Finance, Equipment, Technology

    Major General Kamel al-Waziri, chief of the Engineering Authority of the Armed Forces, said that the New Suez Canal dredging program will start today. Waziri added that dredgers will enter into the site of the New Suez Canal to begin the second stage of digging in parallel with the dry digging. On August 5, President Abdel […]

  • 10 September 2014
    Business & Finance, Equipment, Technology

    Dredgers are now in operation at the new canal in Suez, according to sis.gov.eg. Chairman of the Suez Canal Authority (SCA) Mohab Mamish was on the site on Tuesday as dredgers “Tariq bin Zeyad” and “10th of Ramadan” entered the new canal from the south. “Salahuddin al-Ayyoubi” and “Mecca” are also operating in the canal. Mamish […]

  • 22 February 2016
    Business & Finance

    Heavy security measures have been adopted in Port Said ahead of the opening of the East Port Said Canal, scheduled for Wednesday, February 24, 2016. The canal opening ceremony will be attended by Prime Minister Sherif Ismail, Chairman of the Suez Canal Authority Mohab Mamish and several ministers, governors and ambassadors. In statements to the […]

  • 26 December 2014
    Business & Finance, Project & Tenders

    Government of Nicaragua, the Grand Canal Commission and HKND group jointly held the commencement ceremony for the Grand Canal of Nicaragua at the House of the People in the capital city of Managua on December 22, 2014. President of Nicaragua, Mr. Daniel Ortega and Mr. Wang Jing, Chairman and CEO of HKND Group delivered key-note speeches […]

  • 5 February 2015
    Business & Finance

    The Head of the Suez Canal Authority Mohab Memish, few days ago, visited the New Suez Canal to inspect progress being made on the project.  He informed crews working on the project that so far approx. 10 kilometers of the New Canal have been dredged up. At the moment, depth of the new waterway ranges between 9 to 24 […]

  • 1 October 2014
    Business & Finance, Project & Tenders

    French Prime Minister, Manuel Valls announced officially, on September 26th in Arras, the government’s commitment to the building of the Seine-Nord Canal linking the Greater Paris area with the major ports of northern Europe, including Dunkirk Port. This long-awaited project is estimated to be worth around €4 billion, and will be funded by the European […]

  • 30 January 2015
    Business & Finance, Project & Tenders

    Egyptian government officials on Thursday, January 29th 2015, held a press conference about the New Suez Canal informing the public on the progress being made on the project. Chairman of the Armed Forces Engineering Authority, Maj.-Gen. Kamel El-Wazir said that so far about 10 kilometers of the New Canal have been dredged up. At the moment, depth […]

  • 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 […]

  • 12 August 2014
    Business & Finance, Equipment, Technology

    The Armed Forces have already started carrying out the New Suez Canal Project, according to sis.gov.eg. The digging works were divided into 33 sectors and assigned to specialized civil companies and two road divisions of the Armed Forces Engineering Authority, Brigadier Mohamed Samir said. The work was divided into sectors to complete the project in […]

  • 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 […]

  • 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 […]

  • 9 February 2015
    Business & Finance

    Mohab Mamish, the chairman of the Suez Canal Authority, stated that 86% of dry digging in the new canal has been completed, explaining that there is no influence on navigation at the Suez Canal. Mamish added that Houthis threats in Yemen to close the Strait of Bab el-Mandeb will not affect navigation in the Suez […]

  • 22 July 2015
    Business & Finance, Project & Tenders

    The first trial run of the New Suez Canal has been set for Saturday, July 25, 11 days before the official inauguration of the new waterway.  According to the Mohamed Sakr, the head of navigational management department at the Suez Canal Authority, different size ships will participate in the trial of the new canal. Chairman of the Suez Canal Authority […]

  • 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 […]

  • 21 April 2010

    A new Chinese canal project should strengthen Wuhan’s role as a shipping hub in the middle reaches of the Yangtze River, according to David Lammie of Yangtze Business Services. The new project is a 67km-long canal from the mid section of the Yangtze River… [mappress] Source:worldnews,April 21,2010;

  • 13 July 2015
    Business & Finance, Project & Tenders

    The world’s largest dredging project is close to an end with only 24 days left for inauguration of the New Suez Canal. So far, a total of 251 million cubic meters of sand has been removed from the New Suez Canal. According to the project’s executive administration, this figure represents almost 96 percent of the targeted 258 million […]

  • 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 […]

  • 25 November 2014
    Business & Finance

    Dredging works on the new Suez Canal in Egypt, an ambitious project with a deadline of only nine months, are in full swing and are going according to schedule. Companies from Egypt, UAE, the US, Belgium, and the Netherlands will dredge the new waterway. Included in the project are Boskalis, Van Oord, National Marine Dredging Company (NMDC), Jan de […]

  • 27 February 2014
    Business & Finance, Equipment, Technology

    Canal and River trust welcomed proposals unveiled by Birmingham City Council (BCC) for the creation of a new canal quarter as part of the city’s vision for using HS2 as a catalyst for regeneration and growth. “We have been leading the work, alongside BCC and other partners, to ensure the development of HS2 in Birmingham […]