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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.
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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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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 2024-
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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 2024-
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Offshore & Marine
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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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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 2024-
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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 2024-
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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.
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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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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
Qatar Navigation Reports a Net Profit of QR1253 Million for the Period Ending September 2010
18 October 2010Qatar Navigation has reported a net profit of QR 1253 million for the period ending 30/09/2010 which includes two one-time gain items.
QR 236 million was realized as a fair value gain on account of Qatar Navigation’s holding of 15% share capital of Qatar Shipping prior to the acquisition.
QR 397 million was realized as a gain resulting from the negative goodwill representing the difference between the price of acquisition and the net fair value of the assets of Qatar Shipping. This gain was determined upon the conclusion of the purchase price allocation report that was completed by an independent international audit firm in the third quarter. Earnings per share after the acquisition amount to QR 10.94 and the company’s capital is QR 1145 million.
“In spite of the slowdown in the global economy and its effect on freight volume and prices, the company was able to achieve strong results due to its diversified activities and strategic investments,” said Qatar Navigation Chairman & Managing Director, Sheikh Ali bin Jassim bin Mohammed Al-Thani.
He attributed the positive financial results and achievements of the company during that period to the strong fundamentals and core values of the company in achieving its goals and for its contribution to the economic development in the country. Qatar Navigation aims to maximize profits and shareholder value.
Mr. Khalifa bin Ali Al Hitmi, Qatar Navigation’s Chief Executive Officer stated that the company’s policy of diversifying sources of income, the strength of the Qatari economy and the proactive nature of Qatar’s government enabled the company to overcome the financial implications of the crisis and achieve good results. The company owns a prestigious and illustrious real estate portfolio, including Qatar Navigation Tower, which was recently leased to Qatar Gas for ten years.
HE announced that Roland Berger Strategy Consultants have been appointed by Qatar Navigation to develop a long-term strategy and restructure the company by evaluating and assessing existing and potential business segments and to benefit from the recent acquisition of Qatar Shipping. The first phase of this project is expected to be completed at the end of the first quarter of 2011.
On a final note, Qatar Navigation has moved to its new headquarters at Al Jazeera Tower, situated in the West Bay area, equipped with the latest in technology and communications.