Qatar Navigation, the Doha-based company more commonly referred to as Milaha, had a bumper first half of its 2022 financial year as its overall net profit soared by 46% to QAR 641m ($176m) from QAR 438m for the same period in 2021.

The multi-sector shipping company benefited from strong earnings in the container and hydrocarbons sectors, which pushed up revenue in the six months ending on 30 June to QAR 1.77bn,