National Marine Dredging Co., a United Arab Emirates-based marine contractor, has won a $272-million contract to dredge a section of the Suez Canal where the Panamanian container ship Ever Given ran aground more than a year ago.
Firm Group CEO Eng. Yasser Nassr Zaghoul announced the recent award in Egypt, dredging from km 122 to 132, in a filing to the Abu Dhabi Securities Exchange, without giving details on the start date.