Milaha Secures US $110 Million in Ship Financing from QNB
Qatar Shipping SPC, a wholly owned subsidiary of Milaha (Qatar Navigation QSC), has secured a ten year US $110 million (equivalent to QAR 400 million) ship financing facility with QNB. Proceeds from the facility will be utilized by Qatar Shipping to fund the ongoing construction of 19 harbor assistance vessels. The vessels will be deployed…