Chairman of the Suez Canal Authority (SCA) Osama Rabie inspected construction works of tugboats and deep-sea fishing vessels being built for the authority at the South Red Sea Shipyard Company in Safaga. Rabie was accompanied by Chairman of the shipyard company Mostafa al-Degheishi and a number of SCA officials. Construction progress has reached 70 percent, including mechanical and electrical works as well as interior and exterior finishing, the statement said. For his part, Mostafa al-Degheishi, chairman of the South Red Sea Shipyard Company, affirmed that work is progressing regularly across all company sites to complete ongoing construction works in expansion areas according to the planned timetable. He added that these efforts are being carried out alongside the construction of various maritime units at the Egypt Tugboat Factory and the Fiberglass Factory.

Source: Egypt Independent March 10, 2026 09:02 UTC