Russian top diplomat invites those concerned over human rights situation to visit CrimeaRussian Politics & Diplomacy December 06, 13:38
Kremlin refuses to comment on terms of releasing Ukraine filmmaker SentsovRussian Politics & Diplomacy December 06, 13:27
Press review: Syrian militants rebranding 'Aleppo Army' and impact of Italian referendumPress Review December 06, 13:00
Russian top diplomat says US revokes Aleppo proposalsRussian Politics & Diplomacy December 06, 12:51
Russia developing robot able to imitate any submarineMilitary & Defense December 06, 12:37
Kremlin regrets world's ‘modest’ response to attack on Russian hospital in AleppoRussian Politics & Diplomacy December 06, 12:30
Russian foreign minister says attack on Russian hospital in Aleppo was plannedRussian Politics & Diplomacy December 06, 12:28
Opposition activist Navalny fails to turn up for hearing on Kirovles caseRussian Politics & Diplomacy December 06, 11:53
Top diplomat: Council of Europe may serve as humanitarian basis for single European spaceRussian Politics & Diplomacy December 06, 11:39
CAIRO, July 27. /TASS/. Egypt intends to build the third shipping lane of the Suez Canal that links the Mediterranean and Red Seas, Suez Canal Authority Chairman, Admiral Mohab Mamish said on Monday.
He said this would be "a separate shipway to extend east of the town of Port Said." The new shipway will be 9.5 km (5.9 miles) long and will allow vessels to sail in both directions simultaneously.
The new shipping lane’s depth near Port Said will allow the passage of vessels with the maximum draft, the admiral said.
Egypt will hold an official ceremony on August 6 to open the new 72-km (45-mile) Suez Canal. Its construction was completed in mid-July and cost Egypt $8 billion.
The second Suez Canal will double the Canal’s capacity from 49 to 97 vessels a day as ships will be able to pass in both directions simultaneously, using the old and new waterways.
Cairo expects revenues from the operation of the Suez Canal system at least to triple by 2023 to over $15 billion.
The Suze Canal that opened in 1869 keeps the positions of the world’s most important water artery. This is the shortest sea way from Europe to Asia and the cheapest method of cargo transportation.