Wesmar’s Egyptian contract proceeds despite unrest - Trade Only Today

Wesmar’s Egyptian contract proceeds despite unrest

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Western Marine Electronics says the $1.2 million contract it has to equip Egyptian-built vessels with counter-rotating dual prop bow thrusters for maneuvering in restricted situations is progressing on schedule despite the political unrest in Egypt.

The 100-meter Watania 202 has entered service in the Nile River, joining Wantania 201, which launched late last year.

Both vessels are part of the Nile Cargo Project, which is on target to restore commercial barge travel along the Nile River and relieve Egypt’s highway congestion and reduce high transportation costs.

The entire project will eventually see 62 of these vessels on the Nile, Wesmar president Bruce Blakey said in a statement.

“Work has continued undisturbed during the recent political unrest on the vessels that are currently under construction at the Alexandria shipyard in Egypt,” Wesmar regional sales manager Aziz Hakimi said in a statement.

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