Qatar Navigation (Milaha) Q.S.C. today announced its financial results for the three months ended March 31, 2014. Summary financial results are as follows: Operating revenues of QR 699 million vs. QR 703 million for the same period in 2013, essentially flat year over year. Operating profit of QR 273 million…
Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat) Q.J.S.C. signed a 2-year agreement with Qatar Navigation Q.S.C. (Milaha) to transport petrochemicals exports from Qatar. The agreement covers the containerized exports of polymers and melamine for Muntajat from Mesaieed to key hub ports in the region, from where major international…
Qatar Navigation (Milaha) Q.S.C. today announced its financial results for year ended December 31st, 2013. Summary financial results are as follows: Operating Revenues of QR 2.24 billion vs. QR 2.29 billion for the same period in 2012, a modest decrease of 2% year over year. Operating Profit of QR 647…
Milaha organized a group-wide Sports Day on Tuesday, February 11, 2014 at the Al Arabi Sports Club in Doha to mark Qatar’s celebration of National Sports Day and in support of the government’s vision to establish the country as a premier global sports hub. Now in its third year, Milaha’s…
Qatar Shipping, a wholly owned subsidiary of Milaha, has secured a 12 year US $425 million (equivalent to QAR 1.55 billion) fixed-term ship financing facility with a consortium of the following banks: The Bank of Tokyo Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation Europe Limited, Sumitomo Mitsui…
