Muntajat and Milaha Group Picture

Muntajat Signs 2-Year Feedering Contract With Milaha

Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.J.S.C. signed a 2-year agreement with Qatar Navigation Q.S.C. (Milaha) to transport petrochemicals exports from Qatar. The agreement covers the containerized exports of polymers and melamine for Muntajat from Mesaieed to key hub ports in the region, from where major international shipping lines will carry these…

Fuwairit

Milaha, Mitsui, Nippon and Kawasaki Successfully Secure US $425 Million in Ship Refinancing

Qatar Shipping, a wholly owned subsidiary of Milaha, has secured a 12 year US $425 million (equivalent to QAR 1.55 billion) fixed-term ship financing facility with a consortium of the following banks:  The Bank of Tokyo Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation Europe Limited, Sumitomo Mitsui Trust Bank, Limited, Mitsubishi UFJ…

“Seatrade Outstanding Achievement Award” presented to Milaha’s President & CEO, Mr. Khalifa Ali Al-Hetmi, by Sheikh Khalil bin Ahmad al-Salmi, Deputy CEO at Oman Drydocks Company.

Milaha Wins Big at Seatrade Middle East Awards

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.…

Milaha Profit Grows 22% For YTD 2013

Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the 9 months ended September 30th, 2013. Summary financial results are as follows: 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…