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Suez Canal: ready for a new era?

2014-03-31 01:00:00| Ship Technology

Now fast approaching the 150th anniversary of its opening, the Suez Canal has witnessed many key events in Egyptian history and found itself at the centre of more than a few of them. With Januarys call for bids on the governments new master plan

Tags: new ready era canal

 

Is Nicaraguan Canal a Boon for Trade or a Boondoggle?

2014-03-29 14:01:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: For nearly a century the Panama Canal has been the only game in town for anyone who wanted to sail from the Atlantic to the Pacific without making the long voyage around Cape Horn. In that time more than a million ships, from bulk carriers to cruise liners to nuclear submarines, have passed through its locks, taking advantage of the world's most famous shortcut. Panama's canal may (or may not) soon face stiff competition. Last June Nicaragua's National Assembly overwhelmingly approved a plan to...

Tags: or trade canal boon

 
 

Panama Canal Owner and Contractors Agree to Final Cost, Schedule Terms

2014-02-28 16:26:35| ENR.com: Headline News

Pact, to be signed on March 7, ends standoff and sets project completion in December 2015 and canal opening in early 2016.

Tags: terms final cost owner

 

Egypt issues death sentence to 26 over Suez canal plot

2014-02-26 14:53:23| IT Services - Topix.net

The final verdict regarding the death sentence for the 26 individuals convicted will be released on March 19 An Egyptian court sentenced 26 people to death on Wednesday for plotting attacks on ships passing through the Suez Canal , judicial source said.

Tags: issues death egypt plot

 

Work Resumes on Panama Canal Under Partial Pact

2014-02-20 18:08:06| ENR.com: Headline News

The number of workers resuming work was still unclear on Feb. 20, and the two sides are still negotiating key project issues.

Tags: work partial canal panama

 

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