Suez Canal expansion contracts awarded

By Chris Sleight20 October 2014

The Suez Canal Authority has awarded two contracts worth more than US$ 2 billion linked to the project to increase the shipping capacity of Egypt’s Suez Canal.

The scheme will see a new 50 km channel dug parallel to the existing canal to allow ships to travel in both directions on what has hitherto been a single lane route. Sections of the existing channel will also be deepened and widened.

A consortium of Boskalis, Van Oord, NMDC and Jan de Nul has won a US$ 1.5 billion contract, with each partner entitled to an equal share of USD 375 million. This covers construction of the parallel route and some work on the existing canal. Boskalis said the majority of the dredging for the canal expansion will be executed with 17 cutter suction dredgers, with the project due to start this year and reach completion in 2015.

In addition, a joint venture between DEME’s Dredging International (75%) and Great Lakes Dredge & Dock Company (25%) has been awarded the US$ 540 million contract to deepen and widen the western branch of the Suez Canal at Great Bitter Lake, Deversoir Reach and Kabreet Reach. The scope of works includes the widening and deepening the Suez Canal over a length of 25 km.

Six cutter suction dredgers and two hopper dredgers and auxiliary equipment will be used on the project, which is to start immediately.

Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Interview: Manitou Group committed to carbon reduction
Manitou CEO Michel Denis discusses green targets, as part of major new CSR project 
Palfinger attack highlights escalation in cyber crimes
What lessons does the Palfinger case have for the wider construction equipment industry?
Computer vision AI sees the way forward
Salman Chaudhary, CEO at EmpiricAI, explains why computer vision AI offers a glimpse of the future of health & safety in the construction sector
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail:
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: