Milaha had a good year: Qatar Navigation (Milaha) recorded a 13% y-o-y surge in its bottom line to QAR 1.27 bn (c. USD 349 mn) in FY 2025, according to a statement. The firm’s operating revenues also climbed 17% y-o-y to QAR 3.33 bn during the same period.

The breakdown:

  • The offshore sector saw a QAR 107 mn y-o-y rise in its bottom line for FY 2025 — driven by added fleet capacity and a larger project pipeline;
  • The Gas and Petrochemical sector saw a QAR 31 mn y-o-y boost in net income — buoyed by the sale of two very large gas carriers in 3Q 2025;
  • The Maritime and Logistics unit saw a QAR 7 mn y-o-y drop in net income — with the firm’s container shipping unit pulling down the segment.

REFRESHER- Milaha saw its net income increase by 7% y-o-y to QAR 671 mn in 1H 2025, while its revenues jumped 11% y-o-y to QAR 1.6 bn during the same period.

India’s Adani drops another anchor in Dubai

Indian port operator Adani Ports and Special Economic Zone has set up a new Dubai subsidiary, incorporating AOP Marine and Logistics Services in the emirate, InvestyWise News reports. The move extends Adani’s maritime footprint in the Gulf, building on its 2024 acquisition of an 80% stake in Dubai-based offshore marine services firm Astro Offshore.

Under the hood: AOP Marine is a step-down subsidiary via Sunrise Worldwide Enterprise Limited — 80% owned by Adani Harbour International DMCC — with authorized share capital of AED 50k (50 shares at AED 1k). The entity has yet to commence operations, but its scope covers shipping agency services, ship management, customs brokerage, and logistics, pointing to an end-to-end marine and cargo platform anchored in Dubai.

NXN wagers on the UAE-Pakistan lane with TCS

NXN plugs Pakistan into its corridor network: NXN — the UAE’s unified national logistics platform — has integrated Pakistani-based TCS Express Worldwide to its partner list, giving customers access to Pakistan-bound courier, parcel, and document shipping via NXN branches across the UAE.

UAE💙Pakistan: Islamabad and Abu Dhabi are now fast-tracking CEPA talks, with logistics, ports, and infrastructure on the agenda. Bilateral trade between them topped USD 10.9 bn in FY 2023/24. AD Ports’ Maqta also inked an agreement with Pakistan Single Window to deploy a digital platform that allows traders to file import, export, and transit information through a unified portal.

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