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Trouble for Sinopec Oil Refinery in Sri Lanka’s Hambantota port

The proposed $3.7 million oil refinery to be built by China's Sinopec in Sri Lanka's Hambantota port is facing significant delays over multiple issues like dispute over equity structure, tax concessions, market access, and allocation of land for the project.

India, Denmark agree to boost green transition in maritime sector

India's Minister of Ports, Shipping and Waterways, Sarbananda Sonowal and Denmark’s Minister of Industry, Business and Financial Affairs, Morten Bodskov, on Friday agreed to strengthen the bilateral maritime collaboration between the two countries, which includes promoting the green transition of the maritime sector.