Search results for: Qatar Navigation

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  • 19 October 2010

    Qatar Navigation has reported a net profit of QR 1253 million for the period ending 30/09/2010 which includes two one-time gain items. QR 236 million was realized as a fair value gain on account of Qatar Navigation’s holding of 15% share capital of Qatar Shipping prior to the acquisition. QR 397 million was realized as […]

  • 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 […]

  • 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 […]

  • 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 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% […]

  • 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 […]

  • 23 November 2015
    Equipment

    Qatari Halul Offshore Services has recently procured an Offshore Support Vessel (OSV) Ship Handling Simulator. According to Halul, the firm is now one of the few companies in the Gulf region to own the Netherlands-built simulator, which is normally used in training schools. Halul’s CEO, Vivek Seth said: “This simulator will significantly add to our crew’s […]

  • 27 February 2017
    Business & Finance

    Marine transporter Qatar Navigation (Milaha) has reported a drop of 35 percent in its net profit for the full year ended December 31, 2016, driven by a challenging business environment. The company’s profit plunged to QAR 711 million (USD 195.2 million) from a net profit of QAR 1.095 billion (USD 300.7 million) seen in 2015. […]

  • 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, […]

  • 26 October 2015
    Business & Finance

    Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 959 million (USD 264 million) for the first nine months of 2015, a 17% increase compared to the same period in 2014.  Milaha’s operating revenues increased by 17% to QAR 2.31 billion for the period, up from QR 1.97 billion for the same period in […]

  • 25 January 2017
    Business & Finance

    Marine transport and logistics conglomerate Qatar Navigation (Milaha) has signed an agreement with the Kandla International Container Terminal (KICT) in India to start the first direct common carrier feeder service between Saudi Arabia and India. The company said that the new weekly service will connect the Gujarat port of Kandla directly with Jebel Ali in Dubai, […]

  • 26 October 2015
    Business & Finance

    Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 959 million (USD 264 million) for the first nine months of 2015, a 17% increase compared to the same period in 2014.  Milaha’s operating revenues increased by 17% to QAR 2.31 billion for the period, up from QR 1.97 billion for the same period in […]

  • 6 April 2015
    Business & Finance

      Qatar Navigation (Milaha) Q.S.C, a shareholding company with core interests in maritime transport and logistics, ended the 2014 fiscal year on a very profitable note. Milaha’s net profit for 2014 reached QR 1,049 million (around USD 288 m), a 10% increase over 2013, driven predominantly by strong performance in the company’s gas and petrochem segment.  World Maritime News […]

  • 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) […]

  • 27 February 2018

    Doha-based Qatar Navigation (Milaha) reported a 34 percent drop in profit for the year 2017. 

  • 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 […]

  • 30 July 2018

    Doha-based Qatar Navigation (Milaha) reported an increase in net profit for the first half of 2018.

  • 29 October 2019

    Doha-based Qatar Navigation (Milaha) reported an increase in net profit for the nine months of the year. 

  • 26 October 2017

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

  • 31 October 2018

    Doha-based Qatar Navigation (Milaha) reported an increase in net profit for the first nine months of the year. 

  • 29 April 2019

    Doha-based Qatar Navigation (Milaha) reported an increase in net profit for the first three months of the year.