Full Suez Canal widening to prevent second 'Ever Given' disaster 'too expensive'


Kamal Tabikha
  • English
  • Arabic

Work is under way to expand the two-way section of the Suez Canal by 10 kilometres, but widening the whole waterway is too expensive to be viable, the chairman of the authority managing the Egyptian waterway said on Tuesday.

Fourteen per cent of the dredging work has been completed to add a second lane to portions of Egypt’s vital waterway, which became blocked by the Ever Given container ship last year, holding up maritime shipping for six days.

Speaking at a press conference on Tuesday, Suez Canal Authority (SCA) Chairman Admiral Osama Rabie said it would be too expensive to add a second lane to all 193km of the canal, which connects the Mediterranean Sea and the Red Sea.

Currently, the majority of the canal's length comprises a single traffic lane, with two bypasses that allow two ships to move in opposite directions.

Mr Rabie said that 11 million cubic metres of sediment had been removed from the canal since expansion efforts started last year.

This year, the SCA will be intensifying its efforts to ensure traffic is not impeded should a blockage occur.

  • The Isthmus of Suez with the plan of the Canal of two Seas and of the diverted auxiliary canal of the Nile. From the pilot study of Misters Linant Bey and Mougel Bey, engineers of viceroy of Egypt, 1855. In 1809 topographical data on the Suez Canal was published by French academics in Description de l'Égypte. Contained one of the first maps of the Suez Canal, and formed the basis for an early French plan to construct a canal, later abandoned. Fieldwork was conducted during Napoleon's 1798 – 1801 military campaign in Egypt. Napoleon's surveyers incorrectly believed that the Red Sea was 9 metres higher than the Mediterranean sea, making construction impossible. Roger Viollet Collection / Getty Images
    The Isthmus of Suez with the plan of the Canal of two Seas and of the diverted auxiliary canal of the Nile. From the pilot study of Misters Linant Bey and Mougel Bey, engineers of viceroy of Egypt, 1855. In 1809 topographical data on the Suez Canal was published by French academics in Description de l'Égypte. Contained one of the first maps of the Suez Canal, and formed the basis for an early French plan to construct a canal, later abandoned. Fieldwork was conducted during Napoleon's 1798 – 1801 military campaign in Egypt. Napoleon's surveyers incorrectly believed that the Red Sea was 9 metres higher than the Mediterranean sea, making construction impossible. Roger Viollet Collection / Getty Images
  • The inaugural ceremony of the Suez Canal in 1869. Frederic-Auguste Bartholdi pitched the Suez Canal Company on a large copper statue, modelled after the Colossus of Rhodes, of an 80 foot woman wearing Egyptian peasant robes and bearing a torch which would double as a lighthouse. The Suez Canal Company wasn't interested – but the French government and New York state were. Bartholdi's project became the Statue of Liberty. Getty Images
    The inaugural ceremony of the Suez Canal in 1869. Frederic-Auguste Bartholdi pitched the Suez Canal Company on a large copper statue, modelled after the Colossus of Rhodes, of an 80 foot woman wearing Egyptian peasant robes and bearing a torch which would double as a lighthouse. The Suez Canal Company wasn't interested – but the French government and New York state were. Bartholdi's project became the Statue of Liberty. Getty Images
  • English statesman and novelist, Benjamin Disraeli, (1804 - 1881) created Earl of Beaconsfield in 1876. In 1876, Ismail Pasha, Khedive of Egypt, declared bankruptcy, and put his controlling stake in the Suez Canal Company up for sale. Disareli, the British prime minister, bought the Khedive's stake. The canal became a major trade route and strategic waterway for Britain, and helped to facilitate the British Empire's conquest and rule over its colonies in India and East Asia. Jabez Hughes / Getty Images
    English statesman and novelist, Benjamin Disraeli, (1804 - 1881) created Earl of Beaconsfield in 1876. In 1876, Ismail Pasha, Khedive of Egypt, declared bankruptcy, and put his controlling stake in the Suez Canal Company up for sale. Disareli, the British prime minister, bought the Khedive's stake. The canal became a major trade route and strategic waterway for Britain, and helped to facilitate the British Empire's conquest and rule over its colonies in India and East Asia. Jabez Hughes / Getty Images
  • A picture dated 1869 shows machinery during the construction of the Suez Canal in Egypt. AFP
    A picture dated 1869 shows machinery during the construction of the Suez Canal in Egypt. AFP
  • An aerial view of the Suez Canal zone near Ismailia, Egypt taken in May 1953. Jim Pringle / AP Photo
    An aerial view of the Suez Canal zone near Ismailia, Egypt taken in May 1953. Jim Pringle / AP Photo
  • The Egyptian president Gamal Abdel Nasser announcing the nationalisation of the Suez Canal to a crowd of 250,000 people during a celebration of the fourth anniversary of the July 26, 1956 revolution. He also announced that the property of the Universal Suez Canal Company would be sequestrated. Britain, France and Israel launched a combined assault on the Suez Canal and Sinai in a bid to return the waterway to Western control and force Nasser to resign. The invasion was successful, but US pressure leads the three countries to withdraw. Keystone-France / Gamma-Keystone via Getty Images
    The Egyptian president Gamal Abdel Nasser announcing the nationalisation of the Suez Canal to a crowd of 250,000 people during a celebration of the fourth anniversary of the July 26, 1956 revolution. He also announced that the property of the Universal Suez Canal Company would be sequestrated. Britain, France and Israel launched a combined assault on the Suez Canal and Sinai in a bid to return the waterway to Western control and force Nasser to resign. The invasion was successful, but US pressure leads the three countries to withdraw. Keystone-France / Gamma-Keystone via Getty Images
  • An aerial view of the southern entrance of Egypt's Suez Canal taken in 2007. Jack Guez / AFP
    An aerial view of the southern entrance of Egypt's Suez Canal taken in 2007. Jack Guez / AFP
  • In August 2014, the Government of Abdel Fattah El-Sisi ordered the beginning of construction of the New Suez Canal – which adds a parallel route to part of the canal's length, and widens and deepens some of the existing canal. The $8 billion project, funded by bonds issued to Egyptian citizens, was to be completed in a year, and would see traffic through the canal increase to 97 ships per day by 2023 – up from 49 ships per day currently. Amr Abdallah Dalsh / Reuters
    In August 2014, the Government of Abdel Fattah El-Sisi ordered the beginning of construction of the New Suez Canal – which adds a parallel route to part of the canal's length, and widens and deepens some of the existing canal. The $8 billion project, funded by bonds issued to Egyptian citizens, was to be completed in a year, and would see traffic through the canal increase to 97 ships per day by 2023 – up from 49 ships per day currently. Amr Abdallah Dalsh / Reuters
  • The first container ship to use the New Suez Canal. The opening of the New Suez Canal, after exactly 12 months of construction work "was an epic," said Admiral Mohab Mamish, chairman of the Suez Canal Authority, in reports. "It was a very hard job. We invited experts of dredging and we had no time to waste and we feel that we have succeeded.” Courtesy NMDC
    The first container ship to use the New Suez Canal. The opening of the New Suez Canal, after exactly 12 months of construction work "was an epic," said Admiral Mohab Mamish, chairman of the Suez Canal Authority, in reports. "It was a very hard job. We invited experts of dredging and we had no time to waste and we feel that we have succeeded.” Courtesy NMDC
  • A dredger at work on the New Suez Canal. Courtesy NMDC
    A dredger at work on the New Suez Canal. Courtesy NMDC
  • A dredger at work on the New Suez Canal. Courtesy NMDC
    A dredger at work on the New Suez Canal. Courtesy NMDC
  • Work on the New Suez Canal continues. Courtesy NMDC
    Work on the New Suez Canal continues. Courtesy NMDC
  • Yasser Zaghloul, CEO of NMDC. The company worked alongside Belgium’s Jan De Nul and Dutch companies Boskalis and Van Oord on the dredging works. Courtesy NMDC
    Yasser Zaghloul, CEO of NMDC. The company worked alongside Belgium’s Jan De Nul and Dutch companies Boskalis and Van Oord on the dredging works. Courtesy NMDC
  • Bulldozers and trucks work on a new section of the New Suez Canal in Ismailia, Egypt. Hassan Ammar / AP Photo
    Bulldozers and trucks work on a new section of the New Suez Canal in Ismailia, Egypt. Hassan Ammar / AP Photo
  • A dredger works on a section of the New Suez Canal during a media tour in Ismailia, Egypt. Hassan Ammar / AP Photo
    A dredger works on a section of the New Suez Canal during a media tour in Ismailia, Egypt. Hassan Ammar / AP Photo

Despite the Ever Given container ship running aground, the canal posted a record $6.3 billion in profit last year, an increase of nearly 13 per cent from 2020.

Mr Rabie said on Tuesday that several new dredging ships would be joining the ongoing expansion of the canal. He explained that this was being done to ensure that the plan sticks to its intended completion date of July 2023.

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
  • £10bn AI growth zone in South Wales to create 5,000 jobs
  • £100m of government support for startups building AI hardware products
  • £250m to train new AI models
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Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

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Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

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Dubai works towards better air quality by 2021

Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.

“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

“There are 25 stations in total,” Mr Al Daraji said.

“We added new technology and equipment used for the first time for the detection of heavy metals.

“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

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7 — Michael Schumacher (1994, ’95, 2000, ’01 ’02, ’03, ’04)

7 — Lewis Hamilton (2008, ’14,’15, ’17, ’18, ’19, ’20)

5 — Juan Manuel Fangio (1951, ’54, ’55, ’56, ’57)

4 — Alain Prost (1985, ’86, ’89, ’93)

4 — Sebastian Vettel (2010, ’11, ’12, ’13)

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
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  • Lack of clear information, vague language, no access to audited financials.
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Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Updated: June 17, 2023, 7:31 AM