Suez Canal

Boskalis inks US Navy salvage contract

Royal Boskalis Westminster (Boskalis) announced that its subsidiary SMIT Salvage was awared two five-year marine salvage contracts to serve as the exclusive marine salvage and engineering support contractor for the Naval Sea Systems Command (NAVSEA), the division of the US Navy responsible for engineering, building, buying and maintaining Navy ships and submarines, Boskalis in a statement.

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Suez Canal Authority and DP World unveil plans for Sokhna World Zone

Adm. Mohab Mamish, chairman of the Suez Canal Authority and Suez Canal Economic Zone (SCZone), and Sultan Ahmed Bin Sulayem, group chairman and ceo of DP World, have unveiled further details of the joint plan to develop a special economic zone around Sokhna on the Egyptian Red Sea coast.

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