DP World to Develop Economic Zone in Egypt's Sokhna
Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, signed a partnership agreement to develop an integrated industrial and residential zone at Sokhna in Egypt, in the presence of Sherif Ismail, the Prime Minister of Egypt. The signing took place at a ceremony in Sharm el-Sheikh at the World Youth Forum. The agreement will establish a joint venture between SCZone (51%) and DP World (49%) with DP World managing the zone…
China's Cosco Shipping to Build Logistics Park in Egypt
Cosco Shipping, one of the largest shipbuilders in China has signed an agreement with TEDA Corporation of Egypt to build a 130,000 square meters logistics zone in the Suez Canal Economic Zone. Set in Ain Sokhna, the park aims to create 300 new jobs in Egypt while forwarding the Chinese government's Bely and Road Initiative which aims to make China a major logistics provider internationally. The industrial park will include a textiles compound, a company manufacturing motorbikes and a large center for logistics. The first phase of construction of the TEDA-Suez zone has already been completed and the General Authority of the Suez Canal Economic Zone has signed a contract worth $60 million with China Jushi, a Chinese fiberglass manufacturer.
Damen Delivers Dredger to SCA
Damen Shipyards Gorinchem delivered the Cutter Suction Dredger “10th of Ramadan” to the Suez Canal Authority (SCA). In 2002 the contract for delivery of the design, materials, components and building supervision was signed. Port Said Shipyards, a shipbuilding department of the Suez Canal Authority, was appointed to build the vessel. Engineering started immediately after contract signing. After finalizing the engineering, a committee of the Suez Canal Authority came to the Netherlands to inspect the drawings. After carrying out the required amendments in the drawings, the purchase of steel kits, equipment and systems followed. After inspection by Bureau Veritas (BV), the steel materials for the construction of the hull were supplied at the end of 2002.
Trial Operation for New Suez Canal to Begin This Week
The CEO of the New Suez Canal’s dredging works Wagdy Zaki has said that all preparations have been made to start the trial operation for the New Suez Canal next Saturday. He also said that the head of Suez Canal Authority Gen Mohab Mamesh is following up the trial operation’s measures. The new Suez Canal shipping-route project will be completed before Saturday, according to Mohab Mamesh, head of the Canal Authority. On Sunday, 97.2 percent of the project was completed, Mamesh said. Up to 254.740 million cubic meters of water-saturated sand have been dredged so far, the report said.
88 Qatari Ships Carrying LNG Passed Suez Canal Last Year
Eighty-eight vessels from Qatar bearing cargoes of liquefied natural gas (LNG) used the Suez Canal in 2006. Of these, 74 were bound for Spain, six to France, five to Belgium and three to other destinations, according to Ahmed El Manakhly, Director of the Planning and Research Department at the Suez Canal Authority. With these vessels having a draft of around 40 feet, the Suez Canal would have more than adequate depth to allow them to pass through. Draft refers to a ship's minimum depth of water to float. The Suez Canal's draft is at 62 feet. In 2006, there were 287 LNG carrier trips via the Suez Canal, a number that will reportedly rise to 366, a combined capacity of 52.6m cubic metres by 2010. Tolls are collected on the basis of the size of the vessel.
Suez Canal Temporarily Blocked
A statement by Admiral Mohab Mamish, Chairman of the Suez Canal Authority, explains reactions to the grounding of a Korean tankship. Suez Canal Authority Chairman, Amiral Mohab Mamish, stated that Suez Canal pilots and salvage teams supported by tugboats succeeded in refloating the Korean tanker Volga, 82,000 tons that grounded in the main channel at Km. 42 and blocked the Canal at 05:15 pm on 14, February 2013. Volga ran aground due to loss of power which led to engine and rudder failure.
Suez Canal Authority Goes for Major Communications Upgrade
Provider of business collaboration and communication solutions, Avaya, says it has signed a major deal with Cairo ICT 2013, which enables the Suez Canal Authority to move their full 15,000 communications ports to Avaya Aura® Communication Manager. In a move towards complete unified communications the Suez Canal Authority will be able to improve employee mobility, centralizing the communications network with Modular Messaging technology that can 'find' employees and coordinates messaging across sms, email and voice services.
Transit Cancellation Charges at Suez Canal
The Suez Canal Authority has announced that following the completion of the latest development phase, the rules of navigation edition August 2015 are in effect since 13 August. Booked transits may be cancelled or altered by notice to the Suez Canal Authority offices at least 12 hours before the booked date, otherwise, the vessel shall be charged for cancellation. For ULCCs, VLCCs, LNG carriers and similar vessels, the charge will be USD 3000, due to the special arrangements made, such as escorting by tugs, etc.
Suez Canal Sees $60M Turnover Increase In '99
The Suez Canal Authority (SCA) achieved an increase in turnover of $60 million in 1999 to a total of $1.8 billion, due mainly to toll discounts for long-distance ships. Chairman Ahmed Fadel said projects to transfer oil through pipelines, such as those in Russia, and also the SUMED oil pipeline, linking the Red Sea and the Mediterranean, "have definitely affected the amount of oil traveling through the Suez Canal". Fadel said the Suez Canal would increase its depth to between 70 and 72 feet by 2010 to accommodate modern ships with a loading capacity of 300,000 to 350,000 tons of cargo. The Suez Canal Authority (SCA) also announced that it will keep its transit fees unchanged in 2000 for the seventh year in a row, an SCA official said.
Bulk Carrier Runs Aground in the Suez Canal
A capsize bulk carrier ship has run aground in the Suez Canal at 69 kilometers at about 10:30 a.m. local time February 25, and is still grounded on same position, GAC reported, as per information available from the Suez Canal Authority. According to GAC, the Suez Canal has not closed, but there are some delays on the convoys’ movements and the starting time of the convoys has been amended accordingly, as follows: Northbound convoy started today at 9:45 a.m. local time (first vessel). Southbound convoy started today at 2 a.m. local time and waiting in Great Bitter lakes. Further traffic delays are expected until the vessel is refloated by Suez Canal Authority tugs.
Various Ports Instill Security Measures
Security measures have been imposed at ports around the United States. As a result, Masters should therefore be prepared for a more extensive security control of their vessel prior to calling at U.S. ports: PANAMA CANAL: The Panama Canal Authority (PCA) has advised that security has been intensified but the transits remain unchanged. SUEZ CANAL: The Suez Canal Authority (SCA) confirmed on September 12 that Suez Canal movements are normal. Sources: Worms Services, Paris; C. Fernie & Co., S.A., Cristobal
Port Security Tightens
U.S. PORTS: Security measures have been imposed at ports around the United States. Masters should therefore be prepared for a more extensive security control of their vessel prior to calling at US ports. PANAMA CANAL: The Panama Canal Authority (PCA) has advised that security has been intensified but the transits remain unchanged. SUEZ CANAL: The Suez Canal Authority (SCA) confirmed on 12 September that Suez Canal movements are normal. Sources: Worms Services, Paris; C. Fernie & Co., S.A., Cristobal (Source: INTERTANKO News)
Drydocks World in Talks With Suez Canal Authority
Drydocks World and Maritime World have received a high-level delegation from the Suez Canal Authority, chaired by H.E Admiral Mohab Mohamed Hussien Mameesh, Chairman & Managing Director of the Suez Canal Authority. The delegation was welcomed by HE Khamis Juma Buamim, Chairman of Drydocks World and Maritime World and senior executives of the Group. The parties discussed ways to strengthen maritime cooperation and integration in order to strengthen the Suez Canal Authority's new plans and future opportunities for cooperation between the two parties.
Egypt on a War Footing to Expand Suez Canal
The Suez Canal Authority is in a race to quickly expand the vital waterway for two-way traffic by August 2015, says an Associate Press report. Workers dig round the clock on Suez Canal expansion, hoping for surge in East-West trade. President Abdel-Fattah el-Sissi has made the project a point of nationalist glory, not to mention a cornerstone of plans to revive the economy. But while shippers say more ships may be drawn by shorter waiting times, ambitions to nearly triple revenues depend mainly on growth in the world economy.
Giant Hanjin Boxship Catches Fire in Suez
Suez Canal Authority said it controlled a blaze in a British container ship passing the waterway Friday, leaving no human losses. An ultra-large container ship owned by Hanjin Shipping caught fire while underway just south of the Suez Canal on 1 May. The Suez Canal Authority said that the 2013-built 13,000-teu Hanjin Green Earth was 48 km to the south of the canal when some containers caught fire. The fire broke out in a stack of containers towards the stern while the vessel was underway 48 km to the south of the canal on Friday evening.
Suez August Revenue Tops Record
Revenues from Egypt's Suez Canal reached $508 million in August, the highest monthly level in history, Suez Canal Authority Chairman Mohab Mamish said on Wednesday. The official Mena news agency quoted Mamish as saying that 2014 was set to be a record year for revenues from the waterway, the fastest shipping route between Europe and Asia. Official revenue figures for August have yet to be published. The Suez Canal, for which a major expansion is planned, is one of Egypt's main sources of foreign currency. Reporting by Lin Noueihed and Omar Fahmy
Suez Canal To Take Larger Ships
Improvements to the Suez Canal will allow ships with a draft of up to 62 ft. to use the waterway by the end of next year, the chairman of the Suez Canal Authority (SCA) said. The canal will be able to take ships with a draft of 66 ft. by 2005 and 72 ft. by 2010
Grounded Vessel Creates Delays in the Suez Canal
Southbound vessel grounded in Suez Canal causes delays and tailbacks A southbound vessel ran aground in the Suex Canal at 1430 local time today at KM 101, causing delays and tailbacks, advises Inchcape Shipping Services (ISS). At present, 10 vessels are in a tailback behind the grounded ship, according to ISS. Suez Canal Authority (SCA) tugs are currently trying to re-float the vessel to move the obstruction and enable southbound traffic to be cleared.
Suez Canal January Revenues Dip
Egypt's Suez Canal revenues fell in January to $411.8 million from $429 million in December, data on the Suez Canal Authority's website showed on Monday. The canal is the fastest shipping route between Europe and Asia and is one of the country's main sources of foreign currency. Reporting by Ahmed Aboulenein
Suez Canal November Revenues Plunge
Egypt's Suez Canal revenue fell in November to $408.4 million from $449.2 million in October, data on the Suez Canal Authority's website showed on Wednesday. The canal is the fastest shipping route between Europe and Asia and is one of the country's main sources of foreign currency. The November revenue was the lowest since February. Reporting by Ehab Farouk
Suez Canal Pacts with SCCT-Maersk
Chairman of the Suez Canal Authority (SCA), Vice Admiral Mohab Mamish, signed a settlement agreement with the Suez Canal Container Terminal (SCCT-Maersk), says Daily News Egypt. Egypt is also planing to complete a side channel in East Port Said, near the Suez Canal. The agreement came at the behest of Egyptian President Abdel Fattah Al-Sisi to resolve outstanding matters with the company, in order to begin the development of East Port Said Port within the general outline of the canal development project.
Northrop Grumman Earns Suez Canal Contract
Northrop Grumman to Supply Marine Navigation Equipment for Suez Canal Authority. Northrop Grumman Corporation's Sperry Marine business unit has won orders to supply navigation equipment to the Suez Canal Authority for tugboats and other assorted workboats. The orders include radar upgrades for 10 boats, and complete integrated bridge systems (IBS) for four new builds. The IBS is based on Northrop Grumman's VisionMaster FT navigation technology with TotalWatch multifunction workstations, which include electronic chart display and information systems (ECDIS), radars, conning displays and interfaces with positioning, heading, speed and depth sensors. The orders were won through Radio Holland Egypt (RHE), Northrop Grumman's sales and service representative in Egypt.
Egypt to Allow 24-hour Access to East Port Said with New Waterway
Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a day by building a side channel near the Suez Canal, which will speed up shipping movements in the area. Klaus Holm Laursen, managing director of Suez Canal Container Terminal (SCCT), the company partially financing the project, told Reuters on Tuesday the project would allow vessels to enter and exit East Port Said, and divert traffic from the canal's entrance. SCCT is 55 percent owned by APM Terminals, part of the Maersk group, and is paying $15 million into the project which a senior Suez Canal Authority source said would cost $60 million to build. "The waterway will benefit the entire east port, not just SCCT.