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China s Diplomatic and Political Approach in Latin America and the Caribbean
dialogo-americas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dialogo-americas.com Daily Mail and Mail on Sunday newspapers.
Aftermath of X-Press Pearl
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Djibouti story resembles Hambantota, has the same Chinese script
Djibouti story resembles Hambantota, has the same Chinese script
Some Djiboutian elites believe their country has the potential to become the ‘Singapore of Africa’ with the help of Chinese investments.
Aadil Brar 14 April, 2021 11:33 am IST Text Size:
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About eight miles away from the US naval base Camp Lemonnier in Djibouti is a swanky military compound with subtle cues about the country that has built the structure – China. The French, Japanese, Italian, and Spanish naval bases aren’t too far from the Chinese People’s Liberation Army Support Base in the east African country.
Djibouti story resembles Hambantota, has the same Chinese script
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Sri Lanka sees positive bunker prospects on pricing economics, development of ports
Sri Lanka will likely benefit from a possible bunkering demand shift from India due to pricing economics to emerge as a key regional marine fuel hub, especially by developing newer ports such as Hambantota, industry sources told S&P Global Platts.
Tightening availability of very low sulfur fuel oil in India has irked some participants in the country, they said.
“Whatever stock is available at the moment, is selling out at a fast pace,” a Mumbai-based bunker trader said, suggesting a strong demand for cleaner fuels.
Charterers and coastal guard ships consume majority of the stock in India’s local market, thereby limiting availability to foreign ships, sources said.