Monthly Archives: June 2015  

Panama Canal – flooding of new Atlantic locks commenced

admin 14 Jun 2015 News
 The Panama Canal Authority and main contractor Grupo Unidos por el Canal (GUPC) have kicked off the initial flooding of the lower chamber of the Panama Canal’s new Atlantic locks, marking a major milestone in the multi-billion dollar expansion program. June 12, 2015 by Mike Schuler Read More

Egypt’s New Suez Canal will open on Aug. 6

admin 14 Jun 2015 News
ISMAILIA, Egypt, June 13 (Reuters) – Egypt’s New Suez Canal will open on Aug. 6, its overseer said on Saturday, a project President Abdel Fattah al-Sisi sees as a potent symbol of national pride and a major chance to stimulate an economy suffering double-digit unemployment. The army began work Read More

Z Energy to dominate NZ fuel market after $NZ785m Chevron deal

admin 05 Jun 2015 News
Z Energy will control almost half the transport fuel market in New Zealand once it acquires Chevron New Zealand. by Angela Macdonald-Smith New Zealand petrol station owner Z Energy has capitalised on Chevron's retreat from the Australasian fuel supply market, sealing a $NZ785 million ($734 millio Read More

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