Expansion of the Suez Canal

Year

2014

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The egyptian government has started a national works project to add another lane to the Suez Canal, greatly increasing its capacity.

ISMALEA, EGYPT - June 13: Construction continues along the edge of the new channel of the Suez Canal on June 13, 2015 in Ismalea, Egypt. The new channel of the Suez Canal was started as a project of national prestige soon after General Abdel Fattah El-sisi took power. It is scheduled to be completed on the 6th of August opening a new lane to increase the capacity of the canal. (Photo by David Degner/Getty Images).

ISMAILIA EGYPT - August 26: Egyptian journalists take photos of the construction that started on a major expansion to the Suez Canal in ISMAILIA, EGYPT on August 26. The new expansion is planned to double the capacity for shipping from the Mediterranean Sea to the Red Sea.

(Photo by David Degner / Getty Images)

ISMALEA, EGYPT - June 13: Journalists are taken out on a boat during a press conference for the opening of the Suez Canal Authority on June 13, 2015 in Ismalea, Egypt. The new channel of the Suez Canal was started as a project of national prestige soon after General Abdel Fattah El-sisi took power. It is scheduled to be completed on the 6th of August opening a new lane to increase the capacity of the canal. (Photo by David Degner/Getty Images).

ISMALEA, EGYPT - June 13: Construction continues along the edge of the new channel of the Suez Canal on June 13, 2015 in Ismalea, Egypt. The new channel of the Suez Canal was started as a project of national prestige soon after General Abdel Fattah El-sisi took power. It is scheduled to be completed on the 6th of August opening a new lane to increase the capacity of the canal. (Photo by David Degner/Getty Images).

ISMAILIA EGYPT - August 26: Construction started on a major expansion to the Suez Canal in ISMAILIA, EGYPT on August 26. The new expansion is planned to double the capacity for shipping from the Mediterranean Sea to the Red Sea.

(Photo by David Degner / Getty Images)

ISMAILIA EGYPT - August 26: Passengers ride a ferry across the Suez Canal in ISMAILIA, EGYPT on August 26. Construction started on a major expansion to the Suez Canal planned to double the capacity for shipping from the Mediterranean Sea to the Red Sea.

(Photo by David Degner / Getty Images)

ISMALEA, EGYPT - June 13: Chairman of the Suez Canal Authority Mohab Mamish announced plans for the opening of the new channel of the Suez Canal in a press conference on June 13, 2015 in Ismalea, Egypt. The new channel of the Suez Canal was started as a project of national prestige soon after General Abdel Fattah El-sisi took power. It is scheduled to be completed on the 6th of August opening a new lane to increase the capacity of the canal. (Photo by David Degner/Getty Images).

ISMALEA, EGYPT - June 13: Journalists are taken out on a boat during a press conference for the opening of the Suez Canal Authority on June 13, 2015 in Ismalea, Egypt. The new channel of the Suez Canal was started as a project of national prestige soon after General Abdel Fattah El-sisi took power. It is scheduled to be completed on the 6th of August opening a new lane to increase the capacity of the canal. (Photo by David Degner/Getty Images).

ISMALEA, EGYPT - June 13: Construction continues along the edge of the new channel of the Suez Canal on June 13, 2015 in Ismalea, Egypt. The new channel of the Suez Canal was started as a project of national prestige soon after General Abdel Fattah El-sisi took power. It is scheduled to be completed on the 6th of August opening a new lane to increase the capacity of the canal. (Photo by David Degner/Getty Images).