The Suez Canal Expansion plan is viewed to be executed by July 2023. On Sunday, Osama Rabie, the chair of the Suez Canal Authority (SCA), declared plans to extend the canal’s second channel and to expand an existing channel.
This came through after the huge container ship, the Ever Given, had run aground in 2020, blocking the crucial waterway for almost a week. Rabie also added that the canal’s revenues are expected to hit $7 billion this year vs. $6.3 billion recorded last year, during an...
After the official approval for expanding the Suez Canal last week, the Suez Canal Authorities have finally started expanding the canal.
The new project approved by Egypt’s President last week has drawn a well-structured plan to widen and deepen which is likely to be open for giant container ships by 2023.
Image Credits: @AirbusSpace – Twitter
The expansion plan comes at a time when the Suez Canal Blockage issue garnered by the grounding of the Ever Given ship back on March 23rd is quite rife....
https://www.marineinsight.com/shipping-news/dredging-of-suez-canal-starts-to-extend-a-double-lane/
Egyptian President Abdel Fattah El-Sisi has approved the widening and deepening of the southern part of the Suez Canal, after a stranded mega-ship...
https://mfame.guru/suez-canal-expansion-green-lit-after-ever-given-crisis/
After the Ever Given ship grounding incident in the Suez Canal had halted the global maritime trade for 6 days, the call for widening the canal grew in demand. And now the Suez Canal Authority has announced that the canal will be widened and deepened at the narrow stretch where the ship ran aground on March 23rd.
The Egyptian government has revealed that the canal would be widened by 40 metres in the area where the vessel was stuck.
As the ship remained stuck for 6 days and workers had been...