Halul Secures US$ 60 million in Ship Financing

Halul Offshore Services Company, a wholly owned subsidiary of Milaha (previously known as Qatar Navigation), has secured an eight year US$ 60 million (equivalent to QAR 220 million) ship financing facility with Sumitomo Mitsui Banking Corporation (SMBC). Proceeds from the facility will be utilized by Halul to fund its ambitious…

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Milaha Increases Stake in LNG Carriers

Milaha, previously known as Qatar Navigation, today announced that its fully-owned subsidiary, Qatar Shipping Company, has signed an agreement to increase its stake in two LNG carriers. Qatar Shipping Company, represented by Mr. K. K. Kothari, Chief Executive Officer of Qatar Shipping, and Dr. Salem bin Nasser Al-Naemi, Executive Vice…

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Qatar Navigation Launches Its New Identity, Milaha

Qatar Navigation Q.S.C. launched its new corporate identity, Milaha, in an exclusive ceremony yesterday in Doha, with a large number of high-ranking dignitaries, Qatari business leaders, clients and partners in attendance. The themes of synchronisation, collaboration and solutions focus were woven through the entire event to bring attention to Milaha’s…

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Sheikh Ali bin Jassim bin Mohammad Al-Thani, Chairman of the Board of Directors

Qatar Navigation Launches New Growth Strategy

Qatar Navigation has recently completed a comprehensive review of its current business and revised its long term strategy. The company retained Roland Berger Strategy Consultants in September 2010 to conduct an in-depth review of both the markets in which it operates as well as potential future markets where it believes…

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Milaha in the Press