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About
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History
Milaha was established in 1957 as a public "shipping agency" characterized at that time with high credibility among its customers. In a short time, Milaha transformed itself into a leading and giant international prestigious company that provides trustworthy "Maritime & Logistics" services that attract its customers' confidence in GCC, the Middle East, and around the globe. As a heavy-scale and pioneering company, Milaha strongly focuses on providing integrated transport, marine services, and supply chain solutions. Milaha has owned an integrated "Shipyard & Fabrication" comprising and operating two floating docks, one Shiplift, and several extensive workshops facilities with the ability to carry dry dock and float repair work for vessels up to 230m LOA. The Shipyard, established in 1978 and located at Mesaieed Industrial City, offers various and efficient maritime services, repair and refit services to all types of vessels and yachts, not only in Qatar but also to entire GCC states and the international vessels dock at Doha ports.
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Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Board of Directors
In a world of increasingly complex supply chains, unlocking synergies has been the key driver of our success over the years with each of our 5 strategic business pillars working together harmoniously to ensure every requirement of our clients and partners is satisfied, and every expectation is exceeded. Our reputation comes from our unwavering commitment to safety and quality; our financial and organizational strength; a diverse portfolio of the offering; and, most importantly, our dedicated colleagues.
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Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Executive Management
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Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Core Values
We serve every client the best way possible and improve our service every day.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Fleet
When the company’s operations started in 1958, Milaha chartered several tugs and barges. Over the following years, the company’s fleet grew in number, size, and type of vessels, including owning and operating geared bulk and break bulk carriers. With the transformation of global freight and shipping methods from break bulk to containerized cargoes, the company decided to adapt to that change and started a new building campaign focused on a specialized container vessel. Today Milaha owns and operates a fleet of modern specialized container vessels which is among the largest in the Arabian Gulf and provides daily services to Hamad & Mesaieed Ports linking Qatar with the rest of the world.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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History
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Business Areas
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Maritime & Logistics
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Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2025-
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Marine & Technical Services
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Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2025-
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Offshore & Marine
Type
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2025-
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Gas & Petrochem
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Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2025-
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Capital
Type
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2025-
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Maritime & Logistics
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Investor Relations
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Overview
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Milaha Stock
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Financial Information
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Shareholder & AGAM
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Corporate Governance
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Useful Information
Investor relations activities are intended to present shareholders with detailed information and data on Qatar navigation's performance and its achievements during the year, along with outlining major business plans and objectives.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Overview
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Media Center
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News & Magazine
Our news blog contains notifications, service updates, industry news and information on what is happening at Milaha.
Updates
Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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Blog
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Milaha’s Ordinary General Assembly Meeting Approved to Distribute a Cash Dividend of 37.5% of the Nominal Share Value 6 March 2024-
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News & Magazine
General
Milaha Reports Net Profit of QR835 Million for FY 2012
13 March 2013Qatar 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 vs. QR 461 million for the same period in 2011, an increase of 25% year over year.
- Net Profit of QR 835 million vs. QR 711 million for the same period in 2011, an increase of 17% year over year.
- Earnings per share of QR 7.31 vs. QR 6.21 for the same period in 2011.
The Board of Directors also decided to recommend to the General Assembly to distribute a cash dividend of QR 3.75 per share.
Milaha’s Maritime & Logistics segment net profit strongly improved over 2011, driven largely by port services and container feeder transport activities.
A one-time income related to an increased stake in 2 LNG carriers boosted the net profit of the Gas & Petrochem segment relative to 2011 by 5%.
Net profit for Milaha’s Offshore segment declined by 26% relative to 2011, largely due to unforeseen operational issues in the first quarter of 2012.
Milaha Capital’s profit rose 43%, mainly on the back of investment sales and increased gains from the Company’s portfolio.
“2012 was another exciting and challenging year for Milaha, one in which we delivered strongly improved financial performance while continuing to make progress towards our long term strategic goals,” said Sheikh Ali bin Jassim Al Thani, Chairman and Managing Director of Milaha. “The combination of a dynamic Qatari economy and our own significant, internal efforts to optimize productivity within Milaha contributed to a strong year overall.”
Beginning Q1 2012, Milaha began reporting segment financials under its new structure, following the re-alignment of the company into a corporate entity and strategic business pillars.
The company will conduct an investor conference call on Wednesday, March 20th, 2013 at 3 pm Doha time, to further discuss its results. The conference call, organized by QNB Financial Services, may be accessed by telephone by dialing 0808 238 0673 (UK Free Call) and +44 (0) 1452 569 335 (UK and International) and entering the Conference ID: 23257083.