
Milaha realigns business segments to boost growth
Qatar Navigation (Milaha) is undertaking a strategic realignment of two of its five business segments – Maritime & Logistics and Trading.
The Maritime & Logistics division will now comprise container shipping, ports and logistics operations. According to the company, these interrelated businesses will form the foundation of an ‘integrated global trade and logistics platform to provide seamless, end-to-end supply chain solutions.’
The Trading segment will be replaced by the new Marine and Technical Services division. This will focus on delivering a comprehensive range of solutions to vessel owners and operators, aimed at enhancing asset efficiency and reducing the total cost of ownership. Marine & Technical Services will cover shipyard operations, ship management and ship services, including bunkering, ship chandlering, shipping agency and marine lubricants.
Milaha’s remaining three business segments will remain unchanged. The Gas & Petrochem segment will continue to focus on marine shipping and transportation, and the operation of floating storage and offloading (FSO) units, while the Offshore division will serve the energy sector through a fleet of offshore vessels, lift boats and subsea assets. Finally, the Capital segment will remain dedicated to financial and real estate investments.
This realignment is, the company says, intended to strengthen Milaha’s “strategic coherence, enhance its operational focus, and position the Group to drive sustainable growth across its core sectors.” Financial reporting under the revised segment structure will commence effective the first quarter of 2026.
In recently released Q1 results for 2026 Milan’s revenues were up 15% to QAR 874 million, from QAR 759 million in 2025. Net profits however were down 21% to QAR 297 million, compared with QAR 374 million in the first three months pf 2025.
The Maritime & Logistics sector was badly impacted by ongoing disruption, with a sharp, drop in profits, although steps have now been taken so that all vessels are now outside the Gulf region. The closure of the Strait of Hormuz has also adversely impacted its interests at Hamad Port where activity is still limited.



















