World Maritime News

Milaha Ups Its Stake in Nakilat

Qatar-based maritime transport and logistics company Milaha has, through its subsidiary Qatar Shipping Company WLL, increased the company’s stake in compatriot LNG shipping firm Nakilat.

Namely, Milaha entered into an agreement for acquiring the entire stake of Qatar Investment Authority in Nakilat, representing 5.9% of Nakilat’s share capital.

The sale and purchase agreement was conditional on obtaining the consent of the Qatar Financial Markets Authority and the Qatar Central Securities Depositary Company.

Upon the completion of the transaction, Milaha’s stake in Nakilat was increased from 30.3% to around 36.3% of the company’s share capital, according to Abdulrahman Essa Al-Mannai, President and CEO of Milaha Group.

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World Maritime News

Milaha Ups Its Stake in Nakilat

Share this article

Follow World Maritime News

Milaha Launches Its 1st European Service

Milaha to Upgrade Its Mesaieed Shipyard

Milaha Reports Rise in Profit

Nakilat's Growth Continues

Milaha, Oracle Cloud Join Forces on Digital Transformation

Milaha's Profit Rises by 11 Pct in First Half of 2018

In Depth>

Essar Ports: Green Ports Are the Future of the Industry

Scrubbers to Eventually Need Constant Washwater Monitoring?

Video Interview: Oslo Set to Become Zero-Emission Port

Nakilat Sees Higher First-Half Profit

Nakilat, Excelerate Energy Sign Deal on FSRU Joint Venture

HMM and PSA Increase Stake in Busan Terminal

Milaha Connects Qatar, Iraq with Feeder Service

Milaha’s Net Profit Up in Q1 2018

Nakilat's Q1 Profit Grows by 13 Pct

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The 5th CWC China LNG & Gas International Summit

Global Sustainable Shipping Forum 2019

OEE Conference & Exhibition 2019

Defence Safety Conference 2019

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