Qatar-based shipping group Milaha finished the first half of 2015 with a net result of 651 million QR, around USD 178.7 million, representing a 26 percent improvement from 518 million QR in the same period last year, according to the group's interim report.
The group's business ranges from logistics over container to offshore, and the company noted strong growth in the latter sector especially in spite of an extremely challenging offshore market. Milaha Offshore's revenue increased 41 percent and net profits soared 151 percent.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.