Top News – August 11 to 17, 2014

Egypt to Build New Canal Alongside Suez Canal

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. 

Boskalis Posts Record Profit in First Half Year

Royal Boskalis Westminster N.V. realized a net profit of EUR 253 million in the first half of 2014 (H1 2013: EUR 123 million).

Ukraine: IDRECO Hands Over ISD 600 Electric Dredger

IDRECO has delivered its first dredger to Ukraine, the IDRECO ISD 600 fully electric dredger. The ISD 600 dredger is equipped with an in-board high performance IDRECO IDP 600 dredge pump with double curved vanes.

Thordon Equipment Shows Great Results on DEME’s “D’Artagnan”

Water lubricated Thordon Composite cutterhead shaft bearings have performed well for 9 years on one of the largest cutter suction dredgers in the world – Dredging, Environmental and Marine Engineering N.V. (DEME)’s D’Artagnan (28,200 kW total installed power). 

VIDEO: New Suez Canal to Boost Egypt’s Economy

The Armed Forces have already commenced carrying out the New Suez Canal Project. The digging works were divided into 33 sectors and assigned to specialized civil companies and two road divisions of the Armed Forces Engineering Authority.

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Dredging Today Staff, August 17, 2014