Qatar Shipper Milaha Eyes Combining Tanker Business With UAE Firm - Gulf Business
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Qatar Shipper Milaha Eyes Combining Tanker Business With UAE Firm

Qatar Shipper Milaha Eyes Combining Tanker Business With UAE Firm

Milaha said that if the merger is successful, the move would provide better financial returns and strengthen its combined business market position.

Shipping firm Qatar Navigation said on Monday it was initiating talks with United Arab Emirates-based United Arab Chemical Carriers on a possible combination of their product and chemical tanker businesses.

Qatar Navigation, also known as Milaha, said that if successful, the move would create a larger business, provide better financial returns, and strengthen its combined business market position. It provided no details.

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