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Egyptian billionaire Naguib Sawiris poses for a photograph on a floating pontoon in front of the New Suez Canal, operated by the Suez Canal Authority, in Ismailia, Egypt, on Thursday, Aug. 6, 2015. The expansion will meet future demand, with traffic expected to double to 97 vessels a day by 2023, said Mohab Mameesh, head of the Suez Canal Authority. Photographer: Shawn Baldwin/Bloomberg via Getty Images

Egyptian billionaire Naguib Sawiris poses for a photograph on a floating pontoon in front of the New Suez Canal, operated by the Suez Canal Authority, in Ismailia, Egypt, on Thursday, Aug. 6, 2015. The expansion will meet future demand, with traffic expected to double to 97 vessels a day by 2023, said Mohab Mameesh, head of the Suez Canal Authority. Photographer: Shawn Baldwin/Bloomberg via Getty Images