Egypt to open the new Suez Canal shipping lan

Ismailia: Egypt is going to inaugurate the globally important new Suez Canal shipping lane in August. The intention of the new project is to speed up traffic of shipping vessels along the existing waterway and thereby to enhance revenues. The 72 kilometer (45 miles) long new Suez Canal Axis project will run alongside the existing canal that flows as a connector between the Red Sea and the Mediterranean. The new project is found to be comprised of dry digging of 37 kilometers in association wi...