Milaha Appoints New President & CEO

Milaha announces the appointment of Mr. Abdulrahman Essa Al-Mannai as President & Chief Executive Officer, effective September 13th, 2015. He will succeed Mr. Khalifa Ali Al-Hetmi, who had previously announced his plan to retire. Mr. Al-Mannai previously led the commercial planning and allocation functions at Qatargas. Having spent his career with Qatargas, he has overseen…

Milaha’s H1 2015 Net Profit Increases by 26%

Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the six months ended June 30, 2015. Milaha delivered a net profit of QAR 651 million for the first half of 2015, a 26% increase in profitability compared to the first half of 2014. Key financial highlights: Operating revenues increased by 22% to QAR 1.51…

Khalifa Ali Al Hetmi

Milaha CEO to Step Down After 7 Years at The Helm

Milaha, a Qatar-based marine transport and logistics conglomerate, announced that its President and CEO, Khalifa Ali Al-Hetmi, will retire in September. Having joined Milaha 31 years ago, Mr. Al-Hetmi has been at the helm of Milaha for the past 7 years. During his tenure as CEO, he oversaw the strategic acquisition of Qatar Shipping and…

Milaha Acquires 100% Control in 2 LNG Carriers

Milaha announced that 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 Société Générale, thereby increasing its stake in those entities from 40% to a controlling 100%. The vessels are chartered…

Qatari Student

Milaha Launches Summer Training Program for Qatari Students

Milaha launched its summer training program which targets Qatari university students currently enrolled in universities in Qatar and abroad and studying maritime, engineering, finance, and business administration-related majors, in addition to students from Qatar Technical School. The 24 students, who will be taking part in this year’s edition, had been introduced to Milaha through the…