April 10, 2025 at 6:32 am | Uncategorized | No comment
Over the years, our organization has been recognized for its commitment to excellence, innovation, and industry leadership across various domains. These awards are a reflection of the dedication, strategic vision, and collaborative spirit that drive our operations forward. Each recognition not only honors our past accomplishments but also strengthens our motivation to continue setting benchmarks […]
Read moreJanuary 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 moreMarch 24, 2025 at 3:39 pm | Uncategorized | No comment
After an extended nine-month mission at the International Space Station (ISS), two American astronauts have safely returned to Earth, despite the earlier setback of their Boeing Starliner capsule departing without them. The Starliner, marred by technical issues, left NASA astronauts Butch Wilmore and Suni Williams stranded longer than anticipated. Their return was made possible through […]
Read moreMarch 24, 2025 at 3:25 pm | Uncategorized | No comment
Frontier Airlines has cleverly positioned itself against Southwest Airlines by countering the latter’s new fees for seat assignments and checked luggage with an enticing freebie promotion. While Southwest recently abandoned its iconic no-fee baggage policy, Frontier seized the opportunity to appeal to cost-conscious travelers. The budget carrier announced that customers booking directly through its website […]
Read moreMarch 24, 2025 at 3:18 pm | Uncategorized | No comment
Wilhelmshaven has emerged as a key hub in the new Gemini network established by Hapag-Lloyd and Maersk, overshadowing Hamburg, which has been relegated to a secondary “spoke” role. This shift is driving the relocation of a Far East service, including the flagship “Hamburg Express” (23,660 TEU), away from Hamburg. Last fall, the megamax vessel was […]
Read moreMarch 24, 2025 at 3:12 pm | Uncategorized | No comment
The Hamburg-based shipping company Leonhardt & Blumberg (L&B) has recently expanded its fleet by putting its first mini-bulker into service, marking a significant milestone in its diversification efforts. Known primarily for its container feeder vessels and medium-range product tankers, L&B has now ventured into the shortsea dry cargo segment with this delivery. The “Hansa Christiansoe,” […]
Read moreMarch 18, 2025 at 2:05 am | Uncategorized | No comment
Sri Lanka’s business activities in manufacturing and services showed continued growth in February 2025, fueled by preparations for the upcoming festive season. The Manufacturing Purchasing Managers’ Index (PMI) recorded 56.8, slightly down from January’s 59.0, indicating sustained expansion. Key sectors, especially food and beverage manufacturing, saw growth in new orders (60.5) and production (53.0), while […]
Read moreFebruary 28, 2025 at 2:52 pm | Uncategorized | No comment
In early January 2025, the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) reached a labor agreement ahead of the expiration of their previous contract, avoiding a potential strike. While the agreement has helped avert major disruptions, the ongoing impact on supply chains, particularly in terms of volumes and routing, is still in […]
Read moreFebruary 28, 2025 at 8:15 am | Uncategorized | No comment
Global trade dynamics are evolving, but there are significant opportunities for resilience and growth. This month, we focus on the launch of the Gemini Cooperation, which is set to create new avenues for businesses looking to expand their global reach. Alongside this, we explore how businesses can adapt to recent tariff adjustments, offering insights on […]
Read moreFebruary 27, 2025 at 10:30 am | Uncategorized | No comment
The Sri Lankan government is set to invite Expressions of Interest (EOI) next month from the world’s top ten shipping companies for the Colombo Port expansion, which includes the Colombo North Port project and Phase II of the West Container Terminal (WCT). Deputy Minister of Ports and Aviation, Janitha Kodithuwakku, highlighted that Colombo Port currently […]
Read moreFebruary 27, 2025 at 10:09 am | Uncategorized | No comment
Sri Lanka’s industrial sector is showing signs of recovery, after being significantly impacted by the 2022 economic crisis. The Index of Industrial Production (IIP) for January 2025 recorded 95.2 points, reflecting a 6.1% year-on-year growth. This marks a notable resurgence in industrial activities, which had previously been hampered by a foreign currency shortage, stringent import […]
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