Independent journal on economy and transport policy
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SHIPYARDS
Fratelli Neri orders two more new tugboats in Egypt
Contract with the Suez Canal Company for Modern Boats
Ismailia
May 20, 2026
The Egyptian Suez Canal Company for Modern Boats has formalized
an order with the Fratelli Neri group for the supply
to the Livorno company of two new tugboats of the
of 80 tons. The contract was signed by the
Mustafa El-Degheishy, CEO of the company
and Piero Neri, president of the Italian group. The two
new vessels will be 30 meters long and 12.8 meters wide.
The Neri group has recently ordered two tugs from the
pulling capacity of 90 tons at Misr Tugboats shipyard
Factory, a subsidiary of the Suez Canal Company for Modern Boats
(
of 16
October 2025).
The Suez Canal Authority, which is a shareholder of the Suez Canal
Company for Modern Boats, has announced that the Italian company
could exercise the option included in last year's contract
year for the supply of two additional tugs of the capacity
of 90 tons, and would also be in negotiations for the
supply of a pontoon equipped with a crane with the capacity of
200 tons and a 35-meter yacht.
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