Milaha ... eyeing a larger business
Qatar shipper eyes combining tanker business with UAE firm
DUBAI, April 13, 2015
Shipping firm Qatar Navigation said it was initiating talks with UAE-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.
--Reuters