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VLGC rates boosted Milaha 10 percent in 2014

Qatar's shipping group Milaha increased its net profit by ten percent in 2014, a development mainly driven by the company's tanker business in the second half of the year.

Shipping and oil company Milaha can look back at a 2014 that brought growth in both revenue and net result.

The Qatar-based shipping group delivered a net result of USD 288.1 million (QR 1.04 billion), a ten percent improvement from USD 260.9 million in 2013, says Milaha in a financial report.

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