Milaha, formerly known as Qatar Navigation, announced an important addition to the company’s executive leadership team. Michel Deleuran, until recently a senior executive at A.P. Moller – Maersk, has joined Milaha as Executive Vice President, Maritime Operations. Deleuran was most recently Group Senior Vice President and Chief Executive, North Europe…
Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the first quarter of 2012. The group declared a net profit of QR 284 million for Q1 2012, an 8.5 percent increase over Q1 2011. The group’s consolidated operating revenue in the first quarter of 2012 was QR 640 million.…
Qatar Navigation (Milaha) Q.S.C. announced that its Ordinary General Assembly, in its meeting on April 15, 2012 approved the company’s audited financial results for the year ended 31 December 2011, one of the items on its agenda. The General Assembly ratified all the remaining items on its Agenda including the…
The Board of Directors of Qatar Navigation (Milaha) Q.S.C. met on March 22, 2012 and approved the financial statements for the year ended December 31, 2011. The Board of Directors also decided to recommend to the General Assembly to distribute a cash dividend of 35% of the face value per…
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…
Milaha, previously known as Qatar Navigation, supported and participated in Qatar’s first 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 extensive program of activities that was designed for all age groups…
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…
Milaha is the sole distributor of HINO trucks within Qatar and was proud to introduce the new generation of the HINO300 Series light-duty truck at a successful launch event held at Katara, amongst an audience comprising of members of the press and distinguished guests. Drawing from the continued success of…
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…
Qatar Navigation Q.S.C. today announced the financial results for the nine months ended September 30, 2011. Summary financial results for the third quarter of 2011 are as follows: Operating revenues of QR 1,669 million vs. same period in 2010 of QR 1,535 million. This represents a 9% increase year over…
