Friday, February 26, 2016
Maritime News

Capesize Bulk Carrier Aground in Suez Canal

The Sues Canal Authority has confirmed that a capesize bulk carrier has run aground and remains stuck in the Suez Canal, according to shipping agency GAC. The company reports that...

February 26, 2016
Total Views: 94

Tuesday, February 23, 2016

Canals Feel Ripples of Container Shipping Crisis as Vessels Go the Long Way Round

By Gavin van Marle (The Loadstar) – The Panama and Suez canals could be the next institutions to be affected by the ongoing crisis in the container shipping industry, according...

February 23, 2016
Total Views: 272

Thursday, August 20, 2015

New Suez Canal Dredging Helps Boskalis Sail Past First Half Profit Forecast

  By Toby Sterling AMSTERDAM, Aug 20 (Reuters) – Dutch marine engineering company Boskalis reported a 21 percent rise in first-half earnings, comfortably beating market expectations thanks to an exceptionally...

August 20, 2015
Total Views: 29

Wednesday, August 12, 2015
new suez canal

Drewry: New Suez Canal Targets ‘Ambitious’

  By Drewry Shipping Consultants The impressive ‘New Suez Canal’ project will improve capacity, transit times and reduce delays, not least because it will likely be used by far fewer...

August 12, 2015
Total Views: 1

Tuesday, August 11, 2015

Time-Lapse: Maersk Ship Transits New Suez Canal in 3 Minutes

Here is a new time-lapse video from Maersk Line showing a transit of the New Suez Canal, an adjacent waterway that now allows vessels to pass each other through most...

August 11, 2015
Total Views: 284

Thursday, August 6, 2015
Maritime News

Ship Photos of the Day – Egypt Opens New Suez Canal

Egyptian President Abdel Fattah al-Sisi signed an order on Thursday allowing ships to pass through the New Suez Canal. The $8.5 billion project involved the dredging of an adjacent waterway that now allows vessels...

August 6, 2015
Total Views: 428


Egypt Inaugurates $8 Billion ‘New Suez Canal’

  By Ahmed Feteha and Tarek El-Tablawy (Bloomberg) — Egypt unveiled an $8.5 billion expansion to the Suez Canal on Thursday, the first of a series of mega projects the...

August 6, 2015
Total Views: 37

Wednesday, August 5, 2015

Six Quick Facts About the New Suez Canal

  CAIRO, Aug 5 (Reuters) – Egypt on Thursday opens the New Suez Canal, an extension which flanks the existing 145-year-old waterway and part of a larger undertaking to expand...

August 5, 2015
Total Views: 1077

Tuesday, August 4, 2015
new suez canal
Maritime News

Did the World Actually Need a New Suez Canal?

  By Ahmed Feteha (Bloomberg) — The Suez Canal took 10 years to build and cost thousands of workers their lives. When planners suggested three years for a second one,...

August 4, 2015
Total Views: 80