© 2018 OSM Holdings Pvt Ltd. All Rights Reserved.

  • OSM News

Press & Media

International Freight Forwarding Faces Uncertainty in 2025

February 27, 2025 at 7:07 am | Uncategorized | No comment

International freight forwarding in 2025 faces potential turbulence due to the new U.S. administration and shifting global trade dynamics. The uncertainty surrounding import trade tariffs and geopolitical changes could lead to unpredictable supply chain challenges across industries. Forecasted demand is expected to fluctuate, making it harder for companies to project performance in various sectors. At […]

Read more

Port of Colombo experiences decline in January 2025.

February 25, 2025 at 2:21 pm | Uncategorized | No comment

The Port of Colombo started 2025 with a challenging performance as transshipment volumes declined due to persistent congestion, contrasting with the growth experienced in the previous year. In January 2025, transshipment volumes dropped by 6.5% YoY to 525,768 TEUs, a significant dip from the strong performance in early and late 2024. The decline was attributed […]

Read more

OSM Holdings Wins Bronze at the National Logistics Awards 2024

January 30, 2025 at 12:11 pm | Uncategorized | No comment

We are proud to announce that OSM Holdings has been recognized with a Bronze Award in the category of Warehousing and Distribution at the prestigious National Logistics Awards 2024, organized by the Sri Lanka Freight Forwarders Association (SLFFA). The ceremony, held on October 23, 2024, at the Shangri-La Colombo, celebrated the excellence and innovation within […]

Read more

Hambantota Port launches relay hub operations.

January 29, 2025 at 10:06 am | Uncategorized | No comment

Sri Lanka’s China-backed Hambantota Port significantly increased its container handling, processing 43,777 TEUs by mid-2024, compared to just 44 containers in 2023, following the start of container relay operations in April 2024. The port aims to become a regional container transfer hub and is developing a dedicated container yard to support transshipment services. It also […]

Read more

Sinopec and Sri Lanka to fast-track a $3.7 billion refinery project.

January 28, 2025 at 10:56 am | Uncategorized | No comment

Sri Lanka has partnered with Chinese energy giant Sinopec to expedite the construction of a $3.7 billion oil refinery in the southern port city of Hambantota, marking one of the largest foreign investment projects in the country. The refinery aims to reduce Sri Lanka’s heavy reliance on imported oil, which has placed a significant financial […]

Read more

Ford opens Dubai South distribution center.

January 22, 2025 at 8:50 am | Uncategorized | No comment

Ford, in collaboration with DB Schenker, has opened a 41,792m² parts distribution center in Dubai South to serve markets in the UAE, Saudi Arabia, Angola, and Ghana. The facility features drones for safety and inventory management, an SAP S/4HANA system for efficient operations, and stores around 100,000 parts. It also includes 20 container docks, a […]

Read more

Colombo Dockyard repairs container vessel Lobivia damage

January 16, 2025 at 2:57 pm | Uncategorized | No comment

Colombo Dockyard recently completed repairs on the Singapore-flagged container vessel Lobivia, which had been struck while navigating the Gulf of Aden. A specialized team from the shipyard inspected the vessel and determined that the necessary repairs could be carried out without drydocking, saving valuable time. The repairs involved extensive work on the vessel’s hatch covers […]

Read more

Abu Dhabi hosts healthcare logistics program.

January 15, 2025 at 9:15 am | Uncategorized | No comment

The inaugural Pharma Logistics Winter University, co-founded by several leading organizations, will run in Abu Dhabi from February 3-7, 2025, aiming to bridge academic learning with practical application in pharmaceutical logistics. Open to students, management trainees, and junior professionals in fields like supply chain and pharmacy, the program includes workshops, case studies, field visits, and […]

Read more

Sri Lanka’s Export Milestones Achieved in December 2024

January 10, 2025 at 11:08 am | Uncategorized | No comment

In December 2024, Sri Lanka’s merchandise exports amounted to $1,042.5 million, reflecting a 4.06% growth compared to the same month in 2023, according to provisional data from Sri Lanka Customs. This increase was primarily driven by higher earnings from key sectors such as apparel and textiles, tea, rubber-based products, coconut-based products, spices and concentrates, as […]

Read more

December 2024 Shipping Trends and Developments

December 30, 2024 at 9:20 am | Uncategorized | No comment

U.S. President-elect Trump has expressed support for the International Longshoremen’s Association (ILA) in its opposition to automation at container terminals. With the current contract extension expiring on January 15, just days before his inauguration, labor negotiations with the United States Maritime Alliance (USMX) remain stalled. Automation remains a key point of contention, with no progress […]

Read more

Customer advisory - OSM Group. Ltd., the holder of OSM Holdings Company and its service offerings, approved by the import export bureau of Sri Lanka. Users are advised to read the terms and conditions carefully.

© 2018 OSM Holdings Pvt Ltd. All Rights Reserved.