Press & Media


Carrier Tactics Drive 48% Rate Spike Amid Softening Global Demand

November 12, 2025 at 10:14 am | Uncategorized | No comment

In a surprising defiance of market logic, ocean freight rates on the Asia-US trade lanes surged by up to 48% in early November, even as underlying consumer demand showed signs of slowing. This sharp increase, which brought average rates to approximately $3,000 per FEU, was largely fueled by a coordinated “blank sailing” strategy among major […]

Read more

OSM Holdings Wins Dual Accolades, Securing National Recognition for Industrial and Supply Chain Excellence

October 30, 2025 at 2:41 pm | Uncategorized | No comment

COLOMBO, SRI LANKA—OSM Holdings has achieved a significant milestone, proudly securing dual recognition for excellence in both industrial performance and supply chain management at two of the nation’s most prestigious ceremonies this October. The consecutive victories underscore the company’s operational strength and dedication to national-level quality standards. Recognition for Industrial Excellence at CNCI Achiever Awards […]

Read more

Global Container Rates Stabilize After Carriers Counter Golden Week Drop

October 30, 2025 at 8:43 am | Uncategorized | No comment

Following weeks of decline that pushed rates to their lowest point in two years, major container carriers successfully introduced General Rate Increases (GRIs) in late October, leading to a stabilization in global spot rates. The Drewry World Container Index (WCI) and Xeneta snapshots showed a slight uptick, largely driven by carriers actively managing capacity after […]

Read more

Panama Canal Recovers Transit Capacity, Easing Global Supply Chain Pressure

October 24, 2025 at 6:09 am | Uncategorized | No comment

After a year of severe drought-induced restrictions, the Panama Canal demonstrated a strong recovery in water levels, allowing the Canal Authority to increase the number of daily transit slots. The recovery in the fiscal year 2025 saw transits jump by approximately 19% to 13,404, restoring much of the network’s reliability that was lost during 2024. […]

Read more

UNCTAD Concludes 16th Conference, Urging Resilient Supply Chain Transitions

October 23, 2025 at 8:51 am | Uncategorized | No comment

The 16th United Nations Conference on Trade and Development (UNCTAD) concluded in Geneva, with ministers issuing a strong call for global supply chains to transition toward greater resilience and sustainability. The conference, marked by record participation, emphasized that persistent geopolitical and climate risks require a fundamental shift away from efficiency-at-all-costs models toward integrated, just, and […]

Read more

Colombo Port expected record 8.2mn boxes 2025

October 16, 2025 at 9:34 am | Uncategorized | No comment

Colombo Port is projected to handle a record 8.2 million TEUs in 2025, an increase from the 7.78 million TEUs processed last year, according to the Sri Lanka Ports Authority (SLPA) Chairman, Sirimewan Ranasinghe. This accelerated growth is largely due to the new West Container Terminal (WCT), backed by India’s Adani Group, which saw a […]

Read more

Air Cargo Volumes Surge in Asia-Pacific, Led by Intra-Asia Trade

October 15, 2025 at 11:33 am | Uncategorized | No comment

Global air cargo tonnages saw a strong 4% year-over-year increase in the third quarter of 2025, driven significantly by a 7% jump in the Asia-Pacific region. Intra-Asia Pacific flows were particularly robust, climbing by 10%, reinforcing the region’s growing dominance in international air freight. This strength is partly attributed to the continued growth of high-value […]

Read more

IMO Net-Zero Framework Faces US Sanction Threat

October 14, 2025 at 9:32 am | Uncategorized | No comment

The U.S. government issued a stark warning that it may impose sanctions on countries that support the International Maritime Organization’s (IMO) Net-Zero Framework. The IMO framework, which aims to cut ship emissions by 17% by 2028 via a compliance fee, has been criticized by Washington as an unacceptable “global carbon tax” on American consumers. The […]

Read more

China Imposes New Port Fees on US Vessels, Escalating Trade War

October 14, 2025 at 9:11 am | Uncategorized | No comment

China officially introduced new port fees targeting U.S.-owned, operated, or controlled vessels calling at Chinese ports. This measure, which began on October 14, is a direct, retaliatory response to similar service fees imposed by the U.S. on Chinese ships. The new fees start at approximately $56 per net ton and are scheduled to increase annually […]

Read more

Nestlé Announces Major Supply Chain Restructuring and Job Cuts 

October 10, 2025 at 11:30 am | Uncategorized | No comment

Date: Published on October 10, 2025 Nestlé, the global food and beverage giant, announced plans to cut 4,000 jobs across its supply chain and manufacturing operations. This move is part of a major internal restructuring aimed at streamlining operations and enhancing efficiency amid rising global costs. The company is seeking to optimize its complex network […]

Read more