Tag: Suez Canal

• Wednesday, October 22nd 2014 - 09:58 UTC

  Consortium acquires 1.5bn dollars contract in dredging 'new' Suez Canal

  

  A consortium consisting of Royal Boskalis Westminster N.V. (Boskalis), Van Oord, 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.

• Thursday, August 7th 2014 - 07:54 UTC

  Egypt plans to build a new parallel Suez Canal to be completed in five years

  

  Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia.