DredgingToday
  • Capital Dredging
  • Maintenance Dredging
  • Land Reclamation
  • Port Expansion
  • Coastal Protection
  • More News
JobsNewsletter
DredgingToday logo

Your trusted source for global dredging news, part of the Navingo network.

Topics
  • Authorities & Government
  • Beach Nourishment
  • Berth Expansion
  • Breakwater Construction
  • Breakwater Construction & Repair
Network
  • Dredging Today
  • NavalToday
  • Offshore Wind
  • Offshore Energy
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report Your News
  • Privacy Policy

© 2026 Navingo. All rights reserved.

Home›Business & Finance›GLDD: Successful Completion of Suez Contract
Business & Finance

August 5, 2015 · about 11 years ago

GLDD: Successful Completion of Suez Contract

Great Lakes Dredge & Dock Corporation said that it will participate in the events planned to celebrate the recent completion of the New Suez Canal Project in Egypt, which will allow two way traffic by creating a parallel channel alongside 70 kilometers of the existing Canal. Great Lakes, along with

1 minutes read
  • LinkedIn
  • X
  • Email

Great Lakes Dredge & Dock Corporation said that it will participate in the events planned to celebrate the recent completion of the New Suez Canal Project in Egypt, which will allow two way traffic by creating a parallel channel alongside 70 kilometers of the existing Canal.

Great Lakes, along with its Consortium partner Dredging International NV, was responsible for dredging approximately 40 million cubic meters to -24m depth along a 29.5 kilometer stretch of the Canal for a contract value of US$600 million.

The Company rapidly mobilized its Middle East-based heavy duty, high production cutter suction dredges, the ‘Carolina’ and the ‘Ohio,’ as well as their auxiliary support equipment and the trailing suction hopper dredge Sugar Island, to execute its portion of the work.

Originally scheduled to be completed in the third quarter of 2015, the project was accelerated to be completed well ahead of schedule in anticipation of the New Canal inauguration ceremony.

David Simonelli, President – Dredging Division , said: “ The New Suez Canal project was an incredible achievement not only for Great Lakes and our partner, Dredging International, but for the global dredging community that worked on this major undertaking. Great Lakes was pleased to work again with Dredging International on the world stage executing this monumental project that will foster economic growth in the region and improve global trade.”

Reach the DredgingToday industry in one go!

DredgingToday is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow DredgingToday on:

Filed under

Business & Finance

Daily news in your mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1BREAKING NEWS: Keyfield buys mega TSHD for $24.7M
  2. 2CHEC wins Escravos Channel dredging contract
  3. 3EXCLUSIVE: Eurovía del Guadalquivir dredging kicks off
  4. 4Brennan acquires Budrovich Contracting’s marine operations

Daily news in your mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free