# Sangsangin Industry starts construction of floating dock for Suez Canal Authority

Sangsangin Industry held a steel-cutting ceremony for a 90 billion KRW floating dock ordered by the Suez Canal Authority. The dock has a lifting capacity of 35,000 tons and will be installed in the Suez Canal.

- Type: Contract
- Announced: 2022-05-13
- Where: Gwangyang, South Korea, South Korea
- Value: $72.0M (90.0B KRW)
- Status: under construction
- Capacity: 35,000 tons lifting capacity
- Products: floating dock
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Suez Canal Authority](https://endata.com/companies/34086.md) (customer)
- [Sangsangin Industry](https://endata.com/companies/43774.md) (supplier)

## Sources

- [mk.co.kr](https://www.mk.co.kr/news/business/10344759), 2022-06-09: "이집트 수에즈 운하에 설치될 플로팅 도크 제조 공정의 시작을 알리는 스틸커팅(Steel Cutting) 기념식이 열렸다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.