Qatar Navigation (Milaha) Q.S.C. announced that its Ordinary General Assembly, in its meeting on March 31, 2013 approved the company’s audited financial results for the year ended 31 December 2012, one of the items on its agenda. The General Assembly ratified all the remaining items on its Agenda including the…
Qatar Navigation (Milaha) Q.S.C. today announced its financial results for year ended December 31st, 2012. Summary financial results are as follows: Operating Revenues of QR 2.35 billion vs. QR 2.19 billion for the same period in 2011, an increase of 7% year over year. Operating Profit of QR 575 million…
Milaha supported and participated in Qatar’s National Sports Day with a fun-filled day of sports at the Al Arabi Sports Club in Doha. Employees from across Milaha and its subsidiaries participated in an all-embracing program of fun sporting activities that was designed for all age groups and fitness strengths. Contestants…
Milaha demonstrated its expanding maritime capabilities at the recent Seatrade Middle East Maritime 2012 Conference and Exhibition held in Dubai. From beginning to end, it was a successful showing for Milaha and the rest of Qatar’s contingent of leading companies showcasing their emerging presence in the region’s maritime industry. H.E.…
The launch of the first three tug boats built at Erhama Bin Jaber Al Jalahma Shipyard, Qatar for Milaha and Qatar Petroleum’s Port of Mesaieed was celebrated today with a naming ceremony at shipbuilder Nakilat-Damen Shipyards Qatar (NDSQ). The three 18m-long tug boats are the first of a 19-vessel order…
Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the 9 months ended September 30th, 2012. Summary financial results are as follows: Operating revenues of QR 1.75 billion vs. QR 1.69 billion for the same period in 2011, an increase of 4% year over year. Operating Profit of QR…
Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the first half of 2012, ending June 30th. Summary financial results are as follows: Operating revenues of QR 1.164 billion vs. QR 1.159 billion for the same period in 2011, an increase of 0.4% year over year. Operating Profit of…
The LNG carriers MILAHA RAS LAFFAN and MILAHA QATAR recently carried out their first loading operations under their new names and new managers. The MILAHA RAS LAFFAN loaded at Ras Laffan on July 8th, 2012, while the MILAHA QATAR loaded at the same port on July 11th, 2012. At ceremonies…
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 Board of Directors of Qatar Navigation (Milaha) Q.S.C. met on May 28, 2012 to discuss the recommended rights issue, which was formally announced on March 25, 2012, and raised to the General Assembly at the company’s EGM on April 15, 2012. As part of the Extraordinary Meeting held in…
