Suez Canal Expansion : What's Next

Expansion projects over the decades have helped the canal accommodate more traffic and larger ship sizes. The latest effort not only widened.... Egypt has opened a second lane to the Suez Canal amid much fanfare. The US$8 billion dollar expansion adds 35km of new channels to the.... The Suez Canal is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea ... The "New Suez Canal", as the expansion was dubbed, was opened with great fanfare in a ceremony on 6 August 2015. ... king of Egypt, intended to carry a ship-canal to where the Nile flows into what is known as the Delta; this.... If the expansion goes according to plan, then by 2023, the waterway's capacity could rise to 97 ships per day. The wait time for ships is expected to fall from 11 hours to just 3 hours with the addition of a new lane. Cairo hopes that with the passage of more ships, toll revenue will also rise.. The Suez Canal Expansion Project is designed to expand and improve canal facilities to allow them to be used by more and bigger ships. By 1980 ships.... Next to Boskalis and Van Oord the consortium included NMDC (Abu ... Due to the expansion of the Suez Canal, which provides an essential.... The New Suez Canal is expected to expand trade along the fastest shipping route between Europe and Asia. The new canal allows ships to sail to both directions in the same time. This decreases transit time from 18 to 11 hours for most ships.. Paris (AFP). The Suez Canal has been regularly expanded and modernised since it opened 150 years ago and is today capable of.... A cargo ship is seen crossing through the New Suez Canal, Ismailia, Egypt, July 25, 2015. Reuters Exactly one year after construction began.... Takings from Suez could also be hit by an expansion of the Panama Canal, due to be completed next year, which will compete for traffic along.... The Suez Canal is a man-made waterway connecting the Mediterranean ... New Egyptian President Anwar Sadat reopened the canal in 1975, and led a convoy of ships northbound to Port Said. ... In 2014, the Egyptian government oversaw at $8 billion expansion project that ... What was the Suez Crisis?. The Egyptian government is trumpeting the Suez Canal expansion, set to ... that will nearly triple the waterway's revenues over the next eight years. ... the size or depth of the Suez Canal, are what will determine traffic volumes,.... The Egyptian government has enthusiastically espoused the benefits of the canal's expansion to international trade, including its increased.... Egypt to open Suez canal expansion two years early ... It includes 21 miles (35km) of new channels cut through the desert and a further 22 miles ... And that's what happened, said Angus Blair, president of the Signet Institute,.... The canal upgrade is an ambitious move by Egypt but revenue is vulnerable to a slump in world trade. ... Choppy waters for Egypt's Suez Canal expansion ... The government says it will lead to the creation of 1m new jobs. ... What is needed are.... Actual dredged quantities according to progress of works, 258.8 million cubic meters. Duration of execution, 12 months, including mobilization.... Seventy-two kilometers (45 miles) of new waterways have been added, according to the Suez Canal Authority. Egyptian President Abdel Fattah.... President Abdel Fattah el-Sisi of Egypt traveled on the Suez Canal on ... inaugurated what he called the new Suez Canal and portrayed it as ... But Mr. Sisi's government has told Egyptians that the canal's expansion aims to.... The plan announced Tuesday also included the development of what officials called the Suez Canal corridor, with new ports and industrial and.... The Suez Canal has evolved into the worlds most important man-made ... Within the next decade and courtesy of future expansion of the Suez Canal and ... They brought in cybersecurity forensic experts to find out what...

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