March 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 […]
Read moreMarch 3, 2026 at 6:11 am | Uncategorized | No comment
The global supply chain has entered a state of emergency as military conflict between the US and Iran led to the effective closure of the Strait of Hormuz over the last 48 hours. With the IRGC issuing prohibitions on vessel passage, nearly 150 container ships and tankers are currently stalled. For Sri Lanka, the impact […]
Read moreMarch 2, 2026 at 6:27 am | Uncategorized | No comment
The “Modern Canvas” of Sri Lankan air logistics faced a significant disruption on March 2, 2026, as the national carrier, SriLankan Airlines, announced the cancellation of 10 flights to and from major Middle Eastern hubs. The decision follows the continued closure of airspace in parts of the region due to escalating military tensions. Impacted routes […]
Read moreMarch 2, 2026 at 6:25 am | Uncategorized | No comment
The maritime world is on high alert as military escalations between the US and Iran threaten the Strait of Hormuz, a chokepoint handling 20% of the world’s oil and a significant portion of global commercial traffic. Insurance underwriters have already begun issuing cancellation notices for war-risk coverage in the region, and many vessels are opting […]
Read moreMarch 2, 2026 at 6:12 am | Uncategorized | No comment
In a global landscape currently defined by routing crises and geopolitical shocks, internal stability is a logistics provider’s greatest asset. OSM Holdings continues to leverage its 40-year legacy to provide a secure foundation for Sri Lankan trade. From its inception as a family-run freight company, OSM has evolved into a 3-PL powerhouse, managing a massive […]
Read moreFebruary 26, 2026 at 6:16 am | Uncategorized | No comment
The Port of Colombo kicked off 2026 with a commanding performance, as transshipment volumes grew by 14.9% in January, reaching 604,173 TEUs. This surge highlights Colombo’s role as a vital relay hub during global maritime disruptions. Overall container throughput hit 754,730 TEUs, even as vessel arrivals dipped slightly, indicating that shipping lines are deploying larger […]
Read moreFebruary 19, 2026 at 6:15 am | Uncategorized | No comment
In a strategic move for the maritime sector, industry veteran Dr. Parakrama Dissanayake officially assumed duties as the Chairman of the Sri Lanka Ports Authority (SLPA) on February 17, 2026. This marks his third “innings” in this pivotal role, signaling a focus on stability and high-level maritime diplomacy. The appointment letter was handed over by […]
Read moreFebruary 18, 2026 at 12:35 pm | Uncategorized | No comment
Sri Lanka Ports Authority: Driving Maritime Excellence and Growth The Sri Lanka Ports Authority (SLPA), established in 1979, has emerged as a transformative force in South Asian maritime operations, managing the nation’s strategic port infrastructure without government subsidies. Operating on self-generated revenue, SLPA maintains and develops ports at Colombo, Galle, and Trincomalee, positioning Sri Lanka […]
Read moreFebruary 18, 2026 at 12:35 pm | Uncategorized | No comment
Sri Lanka’s Strategic Port Network: Understanding the 5 Major Ports Sri Lanka, strategically positioned in the Indian Ocean, operates five major ports that form the backbone of the nation’s maritime trade infrastructure. The island’s port network plays a critical role in South Asian commerce, connecting major shipping lanes to Europe, East Asia, Africa, and the […]
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