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Milaha Buys Its Largest Container Vessel

Qatar-based maritime and logistics company Milaha has acquired its largest container vessel to date, the 3,768 TEU boxship Majd. The new ship will be one of the 17 container vessels that the group operates, and is part of the group’s strategy to optimize its container shipping network with larger tonnage to meet increasing customer demand for capacity and cost efficiency in a competitive market.

Sold

Sold for $8.3M to Qatari buyers (Qatar Navigation)

Qatar Navigation buys boxship, ramps Sohar infrastructure in wake of sanctions

Qatar Navigation – also known as Milaha – continues to take action to operate in a more constricted environment weeks after Arab neighbours put in place severe sanctions against Qatar. The diverse shipowner is reported by brokers as taking the 3,586 teu HS Chopin from Germany’s Hansa Shipping for $8.25m. Moreover, with key hub Dubai a no-go area for Qatari ships since sanctions were put in place in June, Qatar Navigation has announced plans to shift its regional transhipment hub to the port of Sohar in Oman. The line has said it is setting up a warehousing and logistics operation at Sohar.