Milaha

Mawani announces new Milaha service addition

The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service, Milaha Inta Gulf Express, by Milaha to King Abdulaziz Port in Dammam.

This initiative aims to enhance maritime connectivity between Saudi Arabia and the world while supporting national exports and imports, according to Mawani’s statement.

This development is part of Mawani’s ongoing efforts to strengthen strategic partnerships with major regional and global shipping lines, aligning with the objectives of...

https://container-news.com/mawani-announces-new-milaha-service-addition/

President and CEO of Milaha steps down

Qatar Navigation Company (Milaha) announced the resignation of the company’s president and CEO.

Abdulrahman Essa Al-Mannai has taken this decision in order to carry out other tasks, according to the statement. According to Milaha, the board of directors of the company accepted the resignation of the president and CEO of the Group, and his position was temporarily taken by Mohammed Abdulla Swidan, the executive vice president of “Milaha Offshore and Marine Services”.

Swidan has nearly twenty years...

https://container-news.com/president-and-ceo-of-milaha-steps-down/

Milaha commences new service connecting Far East, India and the Gulf

Milaha, Qatar’s maritime and logistics service provider, has announced the launch of a new express shipping service to connect China and Southeast Asia to India, Qatar and the Gulf region.

The new China-India Express (CIX) service is aimed at improving trade opportunities and enhancing connectivity between China, Singapore, Malaysia, Vietnam, India, Qatar, Oman, UAE, Kuwait and Iraq.

Milaha said this new product “was established to cater to the requirements of Milaha’s customers, while ensuring...

https://container-news.com/milaha-commences-new-intra-asia-service/

Milaha’s net profit more than doubles during 2021

Qatar Navigation Q.P.S.C. (Milaha), one of the largest maritime and logistics companies in the Middle East, has announced its financial results for the first nine months of the year, marking increases, especially in net profit.

More specifically, during the January – September period, Milaha’s net profit reached US$179.6 million (QR654 million), which is increased by US$74,1 million (QR271 million) over the same period of 2020.

Additionally, operating revenues have been grown to US$550 million...

https://container-news.com/milahas-net-profit-more-than-doubles-during-2021/

COLUMN | Do it yourself, Gulf style: Middle Eastern states invest in offshore oilfield services companies [Offshore Accounts]

In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-do-it-yourself-gulf-style-middle-eastern-states-invest-in-offshore-oilfield-services-companies-offshore-accounts/

Milaha enjoys increase in net profit

Qatar Navigation (Milaha) Q.P.S.C. announced its financial results for the six months ended June 30, 2019.

Key financial highlights:

  • Operating revenues of QAR 1.26 billion for the six months ended June 30, 2019, up from QR 1.25 billion for the same period in 2018
  • Operating profit of QAR 230 million for the six months ended June 30, 2019, down from QAR 258 million for the same period in 2018
  • Net profit of QAR 316 million for the six months ended June 30, 2019, up from QAR 297 million for the same...

https://container-news.com/milaha-enjoys-increase-net-profit/

Milaha signs eco-friendly partnership

Milaha, Qatar’s leading maritime and logistics company, and Elite Paper Recycling are partnering to promote environment sustainability and recycling across all their programs and activities.

Mr. Saleh Abdullah Al Haroon, Executive Vice President of Support Services at Milaha, and Mr. Abdallah Al Suwaidi, Chairman of Elite Paper Recycling, co-signed the partnership agreement on Tuesday, 6 August 2019.

Under the agreement, Milaha will continue to recycle its waste paper with the support of Elite...

https://container-news.com/milaha-signs-eco-friendly-partnership/

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