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Höegh LNG and Nakilat exploring potential partnership

The two gas carriers Höegh LNG and Nakilat will look into forming a joint business in Floating Storage and Regasification Units for LNG. The companies have signed a Memorandum of Understanding to explore the possibilities.

Milaha suffered setback in Q1

Doha-based carrier Milaha saw its revenue and earnings slide in the first quarter this year. "We are continuing to face the same market challenges as in 2016," says management.

Nakilat suffers marginal setback in tough market

Earnings at the Arabian LNG carrier decreased by a little under QAR 30 million in 2016. Despite the downturn in the oil and gas market and overcapacity in the shipping markets, the carrier is pleased with the result.

Arabian gas carrier Nakilat sustains profits

Dubai-based tanker carrier Nakilat nearly managed to keep its earnings in the third quarter on par with the level seen in the third quarter last year in spite of an overall weaker market for LNG and LPG transports.

Nakilat makes gains in weak LNG market

The world's largest LNG carrier Nakilat delivered an improved result in an otherwise pressured market in the transport of liquefied natural gas. The carrier is on the lookout for growth opportunities.

Milaha raises profit by 17 percent

Arabic shipping group Milaha managed to raise its net profit by 17 percent in the first nine months of the year, the company’s interim report shows.

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