Complete Maritime Profile & Reviews of Majd

Milaha, a leading maritime and logistics firm based in Qatar, has announced the acquisition of its most sizable container vessel yet, the Majd, which has a capacity of 3,768 TEUs. This new addition to the fleet represents a significant milestone as Milaha operates a total of 17 container ships. The decision to enhance its fleet with larger tonnage vessels is a strategic move aimed at optimizing the company’s container shipping network. This expansion is designed to address the growing customer demand for increased cargo capacity and improved cost efficiency within a highly competitive market.

In a significant maritime transaction, a vessel has been sold for an impressive $8.3 million to Qatari buyers, specifically Qatar Navigation. This acquisition marks a noteworthy development in the shipping industry and highlights the ongoing investment interests from Qatar in the maritime sector.

In a strategic move to adapt to the challenging maritime landscape following recent sanctions imposed by neighboring Arab nations, Qatar Navigation, also recognized as Milaha, is making significant operational adjustments. The company has secured the purchase of the 3,586 TEU container ship HS Chopin from Germany’s Hansa Shipping for a reported $8.25 million. In light of the sanctions enacted in June, which have rendered key trade hub Dubai off-limits for Qatari vessels, Qatar Navigation is pivoting its regional transshipment operations to the port of Sohar in Oman. The shipping firm has announced plans to establish a comprehensive warehousing and logistics facility at the Sohar port, reinforcing its commitment to maintaining robust maritime operations despite the new challenges.