March 12, 2026 at 4:09 pm | Uncategorized | No comment
As military tensions in the Middle East escalate, Sri Lanka Ports Authority (SLPA) Chairman Dr. Parakrama Dissanayake convened a high-level emergency meeting this week with terminal operators and global shipping lines. The goal is to ensure the Port of Colombo remains a resilient “Safe Harbor” despite the volatility in the Gulf. With major carriers like […]
Read moreMarch 10, 2026 at 6:04 pm | Uncategorized | No comment
As the Port of Colombo and Hambantota handle a surge in “rerouted cargo,” OSM Holdings has activated its Agile Response Protocol. Our 1 million square feet of strategic warehousing is providing critical “overflow” space for importers whose containers were unexpectedly offloaded in Sri Lanka due to the Gulf crisis. Executive Director Onella Karunanayake notes, “The […]
Read moreMarch 9, 2026 at 6:02 pm | Uncategorized | No comment
The Ceylon Electricity Board (CEB) was formally dissolved at midnight on March 8th, replaced by six new successor companies. This restructuring aims to modernize the power sector and eventually lower energy costs for the manufacturing and warehousing industries. For the cold-chain and temperature-controlled warehousing sector, this reform is a “silent fuel.” Lower electricity tariffs would […]
Read moreMarch 8, 2026 at 6:01 pm | Uncategorized | No comment
In a major logistical shift, shipping line MSC will unload 6,500 containers destined for West Asia at the Hambantota Port, as passage to the Gulf is currently unviable. This move places unprecedented pressure on existing bunker fuel stocks, with prices skyrocketing overnight. While there is no immediate fuel crisis, the “bunker premium” is rising as […]
Read moreMarch 7, 2026 at 5:59 pm | Uncategorized | No comment
The Export Development Board (EDB) convened a High-Level CEO Forum to unveil the National Export Roadmap. The strategy aims for $36 billion in export revenue by 2030, with a heavy focus on high-value sectors like Electronics and Electrical Components. For the logistics sector, this signals a massive future demand for specialized, climate-controlled storage and high-tech […]
Read moreMarch 6, 2026 at 5:56 pm | Uncategorized | No comment
Following the sinking of the IRIS Dena, the IRIS Bushehr sought emergency docking in Sri Lanka due to engine failure. President Anura Kumara Dissanayake emphasized that Sri Lanka is acting under “humanitarian responsibility” while maintaining strict neutrality. The crew has been moved to a navy facility near Colombo. The presence of foreign naval assets in […]
Read moreMarch 5, 2026 at 5:53 pm | Uncategorized | No comment
OSM Holdings has stepped forward to support the national recovery following the impact of Cyclone Ditwah. This week, the group joined the “Rebuilding Sri Lanka” Presidential Task Force, chaired by Prime Minister Dr. Harini Amarasuriya. Beyond financial aid, OSM is leveraging its logistics expertise to move relief goods for the National Housing Program 2026. At […]
Read moreMarch 4, 2026 at 5:51 pm | Uncategorized | No comment
In a major escalation, a US Navy submarine torpedoed the Iranian frigate IRIS Dena approximately 40 nautical miles off the coast of Galle. The vessel was returning from naval exercises in India. The Sri Lankan Navy conducted a massive rescue operation, saving 32 sailors. This brings the conflict to our doorstep. Global insurance underwriters are […]
Read moreMarch 3, 2026 at 6:22 am | Uncategorized | No comment
Sri Lanka’s economic recovery is facing a “System Shock.” As a small, import-dependent economy that sources nearly 100% of its refined fuel from hubs like Singapore and India, the closure of the Strait of Hormuz is a direct threat to domestic stability. Global oil prices have surged sharply following US strikes on Iran, sending tremors […]
Read moreMarch 3, 2026 at 6:18 am | Uncategorized | No comment
At OSM Holdings, we believe that the strength of a supply chain lies in the expertise of its people. This month, we highlight our ongoing collaboration with the Chartered Institute of Logistics and Transport (CILT) Sri Lanka. Led by Group Chief Operating Officer Wasantha Sooriyarachchi, OSM has been a key participant in professional development workshops […]
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