This is an abbreviated version of the article. The full version can be read in the April 2015 issue of bq magazine. To get your print or digital copy, click here.
Khalifa Bin Ali Al-Hetmi joined Milaha 31 years ago, and ever since he took over as president and CEO of the group in 2008, he has led by example and transformed the company into a successful and multinational enterprise, with its current assets valued at QR 18.7 bn. After successfully integrating Qatar Navigation, Qatar Shipping and Halul into Milaha, Al-Hetmi now prides himself in his extremely loyal colleagues, a strong balance sheet, diverse business portfolio and of course, being president and CEO of Qatar’s first shipping agent and a current market leader in the regional maritime industry
Can you tell us a bit more about Milaha as a group?
We are one of the Middle East’s leading providers of supply chain solutions with an accumulated experience of half a century. Many things have changed since we started back in 1957 as the country’s first shipping agent and first public shareholding company. We now have five business units operating synergistically to deliver marine and logistics solutions to a wide array of clients.
Our Maritime & Logistics segment works with some of the region’s biggest players in the oil, gas & petrochemical sectors in addition to major importers, exporters and shipping companies to deliver services ranging from logistics and marine transport, to port services, ship repairs, and complete shipping agency services.
Our Gas and Petrochem segment owns and operates a modern fleet of product tankers, gas, and crude carriers that cater to major international energy and industrial companies. We also have several joint ventures and investments in LNG and LPG transport. In 2005, we entrenched our integral position in Qatar’s LNG supply chain by becoming the largest shareholder in Qatar Gas Transport Company (Nakilat), which owns the biggest LNG fleet in the world.
Halul Offshore, which is a wholly-owned Milaha subsidiary, has witnessed exponential growth since its birth in 2000 and is currently one of the largest offshore marine services companies in the region. Halul owns and operates a diversified, hi-tech fleet of diving support vessels, construction support vessels, anchor handlers and platform supply vessels, among others, which puts us in an excellent position to offer and deliver comprehensive services to the offshore oil and gas industry. Halul has recently embarked on a regional expansion plan that will see us collaborating with partners in the UAE and Saudi Arabia, and beyond.