David Pieris invests in Dubai-based Navire Logistics
View(s):The David Pieris Group continues to strengthen its international presence with the acquisition of 50 per cent ownership in Navire Logistics Services L.L.C, a reputed logistics company based in Dubai and Oman. This strategic move marks a significant milestone in the group’s journey towards expanding its operations beyond Sri Lanka and positioning itself in the international markets, it said in a media release issued in Colombo.
In Sri Lanka, the group’s logistics arm, DP Logistics (Pvt) Ltd (DPL), has already established itself as a comprehensive logistics solutions provider — covering warehousing, transportation, freight forwarding, project logistics, inland distribution and custom house brokering.
DPL currently ranks among the top 10 players in warehousing and 3PL operations and holds one of the largest container fleets amongst the logistics companies in the country. Despite operating in a highly fragmented freight forwarding market, DPL continues to capture a growing share, reinforcing its reputation as one of the very few local companies with expertise across all logistics disciplines.
The group in 2022 also acquired Pulsar Shipping Agencies (Pvt.) Ltd, the shipping arm of Expolanka Holdings PLC to expand its Logistics & Shipping Cluster into ship agency, husbandry services and marine logistics.
Leveraging this strong domestic foundation, DPL has now extended its capabilities to the international stage through its partnership with Navire Logistics Services L.L.C. The company’s expertise in custom house brokering, freight forwarding, cargo consolidation, warehousing, and transport solutions will be integrated into Navire Logistics’ operations, enhancing service quality and efficiency across the Middle East and South Asia.
Commenting on the expansion, Kalum Katipearachchi, Managing Director & CEO of DP Logistics (Pvt) Ltd, said; “With more than 60 dedicated employees in the Middle-Eastern region, we are delivering operational excellence across borders — offering practical, seamless solutions to complex supply chain needs of our diverse customers. Our team’s professionalism, passion and commitment to customer satisfaction continue to drive our success as we integrate Sri Lankan logistics expertise with the world.”
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