Qatar Navigation (Milaha) Q.P.S.C. announced that its Ordinary General Assembly, in its meeting on March 18th, 2018, approved the company’s audited financial results for the year ended December 31st, 2017. The General Assembly ratified all the remaining items on its agenda including the proposal by the Board of Directors to distribute a cash dividend of…
Milaha has inaugurated Phase 1 of the 400,000 sqm Milaha Logistics City, with a 35,000 sqm warehousing facility dedicated to temperature-controlled cargo. The new facility marks Milaha’s entry into cold chain solutions, and will cater to the food industry, pharmaceuticals, and other fast-moving consumer goods (FMCG). The facility is divided into a frozen storage area,…
Qatar Navigation (Milaha) Q.P.S.C. announced today its financial results for the twelve months ended December 31, 2017. Milaha delivered a net profit of QAR 470 million for the full year of 2017. Operating revenues decreased by 2% to QAR 2.491 billion for the twelve months ended December 31, 2017, down from QAR 2.551 billion for…
Milaha has acquired its largest container vessel to date, Majd, a 3,768 TEU vessel. The new vessel will be one of the 17 container vessels that the group operates, and is part of the ongoing expansion of the group’s overall fleet. Milaha currently fully owns and operates a fleet of over 80 vessels, including LNG…
Milaha has announced the launch of a direct feeder service between Sri Lanka and Bangladesh. Colombo and Chittagong will be the 7th and 8th new ports of call for Milaha this year, and are part of the significant service expansion since the beginning of 2017. The new service, called BCX, will be operated via two…
The Board of Directors of QTerminals, the recently-established operator of the first phase of Hamad Port in Qatar, has appointed Neville Bissett as the company’s first Chief Executive Officer. QTerminals was established as a jointly-owned entity by Qatar Ports Management Company (Mwani Qatar) and Qatar Navigation (Milaha), with the former owning 51% and the latter…
Qatar Navigation (Milaha) Q.P.S.C. today announced its financial results for the nine months ended September 30, 2017. Key financial highlights: Operating revenues of QR 1.66 billion for the nine months ended September 30, 2017, compared to QR 1.99 billion for the same period in 2016 Operating profit of QR 200 million for the nine months…
Milaha has announced the launch of a direct service between Pakistan and Qatar. The new service, called PQX (Pakistan Qatar Express Service), will operate weekly between the Port of Karachi, Pakistan and Hamad Port, Qatar with a competitive transit time of 4 days, making it the fastest direct connection between the two countries. The PQX…
Milaha has announced the launch of the first direct reefer service between Qatar and Turkey. Over the past few weeks, Milaha had arranged two ad hoc voyages of reefer vessels from Turkey to Qatar; however, the company has moved to regularize the service, with departures every 20-25 days between Hamad Port and Port of Izmir,…
Milaha, a Qatar-based maritime and logistics conglomerate, has launched the first ever direct feeder service between Qatar and Kuwait. The new service, named KQX (Kuwait Qatar Express Service), will operate between Hamad Port in Qatar and Shuwaikh Port in Kuwait once a week initially, using a 515 TEU vessel. With 50 reefer plugs available on…