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.…
