Search results for: Milaha

163 results

A list of search results

  • 2 August 2017
    Business & Finance

    Marine transporter Qatar Navigation (Milaha) recorded a 51.7 percent decrease in its net profit for the first half of this year, impacted by a global downturn in the maritime industry. Milaha’s net profit dropped to QAR 267 million (around USD 72.8 million) in 1H 2017 from QAR 553 million (USD 150.7 million) seen in the […]

  • 14 September 2015
    Business & Finance

    Qatar Navigation (Milaha) has appointed Abdulrahman Essa Al-Mannai as President & Chief Executive Officer, effective September 13th, 2015.   He will succeed Khalifa Ali Al-Hetmi, who had previously announced his plan to retire. Al-Mannai previously led the commercial planning and allocation functions at Qatargas. Having spent his career with Qatargas, he has overseen many areas, including the […]

  • 27 April 2015
    Business & Finance

    Qatar Navigation (Milaha) Q.S.C. is off to a strong start based on its financial results for the three months ended March 31, 2015. Milaha’s operating revenues reached QR 786 million against QR 699 million for the same period in 2014, an increase of 12% quarter over quarter. The company’s operating profit of QR 279 million was 2% […]

  • 10 July 2018
    Exploration & Production

    Qatari maritime firm Milaha has managed to find work for its 2016-built liftboat Milaha Explorer.

  • 14 September 2015
    Business & Finance

    Qatar Navigation (Milaha) has appointed Abdulrahman Essa Al-Mannai as President & Chief Executive Officer, effective September 13th, 2015.   He will succeed Khalifa Ali Al-Hetmi, who had previously announced his plan to retire. Al-Mannai previously led the commercial planning and allocation functions at Qatargas. Having spent his career with Qatargas, he has overseen many areas, including the […]

  • 26 February 2019
    Business & Finance

    Milaha closed 2018 with a 10% rise in its net profit. 

  • 26 October 2017

    Doha-based Qatar Navigation (Milaha) reported a decline in net profit during the first nine months of the year. 

  • 21 November 2013

    Milaha received two major accolades at the recent Seatrade Middle East and Indian Subcontinent Awards 2013 held in Dubai. Known as the “Oscars” of the maritime world, the awards were presented at a glittering gala dinner attended by more than 800 leaders and senior executives from the region’s maritime sector. Milaha’s President & CEO, Mr. […]

  • 29 October 2013

    Qatar Navigation (Milaha) Q.S.C. announced its financial results for the 9 months ended September 30th, 2013.  Highlights: Operating revenues of QR 1.69 billion vs. QR 1.70 billion for the same period in 2012, a decrease of 0.2% year over year. Operating Profit of QR 569 million vs. QR 436 million for the same period in […]

  • 22 June 2020
    Business developments & projects

    Qatari maritime group Qatar Navigation (Milaha) Q.P.S.C. has unveiled a reorganisation plan aimed at boosting the company’s presence in the marine services sector.

  • 26 October 2017
    Business & Finance

    Qatar Navigation’s (Milaha) net profit for the nine months of this year ended September 30 has reached QR 363 million (USD 99.7 million) considerably down when compared to QR 759 million for the same period in 2016. The company’s operating revenues came at QR 1.66 billion for the nine-month period, against QR 1.99 billion reported […]

  • 25 April 2017
    Business & Finance

    Qatar-based marine transport and logistics conglomerate Qatar Navigation (Milaha) has seen its net profit drop by some 33 percent for the first quarter of the year ended March 31, 2017. Namely, the company ended the quarter with a net profit of QAR 236 million (USD 64.8 million), significantly lower than QAR 352 million (USD 96.6 million) […]

  • 20 October 2016

    Doha-based Qatar Navigation (Milaha) reported a 20.8 percent drop net profit for the first nine months of 2016.

  • 20 October 2016
    Business & Finance

    Qatar-based marine transporter Qatar Navigation (Milaha) has seen its net profit drop by 20.8 percent for the nine months ended September 30, 2016 to QAR 759 million (USD 208.4 million), from QAR 959 million (USD 263.3 million) reported in the same period a year earlier. The company said that its operating revenues for the period stood at QAR 1.99 billion, […]

  • 25 April 2016
    Business & Finance

    The start of 2016 proved to be somewhat more challenging than expected for Qatar Navigation (Milaha) which booked a 3.5% lower net profit in the first quarter of 2016, ending March 31st year-on-year. Qatar-based marine transport and logistics conglomerate’s net profit for the quarter reached QAR 352 million (USD 96.6 million), down from QAR 365 million […]

  • 22 August 2017
    Business & Finance

    Marine transport and logistics conglomerate Qatar Navigation (Milaha) has launched the first direct reefer service between Qatar and Turkey. “Trade volumes between Qatar and Turkey have significantly increased over the past few months, and we are launching this service as a … solution for this growing demand. This service … complements our existing services, and will […]

  • 28 July 2015
    Business & Finance

    Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 651 million (around USD 179 million) for the first half of 2015, a 26% increase in profitability compared to the first half of 2014. Operating revenues increased by 22% to QAR 1.51 billion for the half year ended June 30, 2015, up from QR 1.24 […]

  • 27 February 2018
    Business & Finance

    Milaha’s profit drops by 33.9% year-on-year, pressured by significant challenges in shipping sectors.

  • 2 July 2015
    Business & Finance

    Qatar-based holding company Milaha has through its wholly owned subsidiary – Qatar Shipping Company – acquired the remaining 60% interest in each of the two entities that own the liquefied natural gas (LNG) carriers, Milaha Ras Laffan and Milaha Qatar, from French banking and financial services company Société Générale. The vessels are chartered to RasGas under a […]

  • 6 December 2012

    Gulf LPG Transport Company, a Qatari liquefied petroleum gas (LPG) shipping company owned jointly by Milaha and Nakilat, has secured financing amounting to US$200m from Qatar National Bank (QNB) in a deal brokered by Nakilat, Qatar’s premier gas transporter. The transaction was completed with attractive rates reflecting Gulf LPG’s financial strength and credit quality. The […]

  • 20 April 2016
    Business & Finance

    Qatar-based marine transport and logistics conglomerate Qatar Navigation (Milaha) has inked a one-year feeder agreement with Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat), to transport up to 150,000 TEUs of petrochemical exports from Qatar. The contract, which started on April 1, 2016 and will end up to March 31, 2017, is an extension of […]

  • 21 April 2015

    Doha-based shipping giant Qatar Navigation (Milaha) Q.S.C., plays an important role in shipping huge quantities of liquefied natural gas all over the globe from Qatar’s Ras Laffan port, where the world’s biggest LNG export complex is located. Qatar has been the world’s leading exporter of the chilled gas since 2006, with a total export capacity […]