Tuesday 19 March 2024
 
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Gulf Navigation Holding

Gulf Navigation 2017 gross profit surges 7pc

Gulf Navigation Holding, a leading maritime and shipping company, has posted a gross profit of Dh49 million ($13.3 million) for 2017, achieving a 7 per cent increase over the gross profit of Dh45.8 million in previous year. This a

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Gulf Navigation Holding president wins top maritime award

Dubai-based Gulf Navigation Holding has announced that its president of maritime and operations Omar Abu Omar was recently awarded ‘The Maritime Standard Excellence Award’ at the annual Maritime Standard Awards. Gulf N

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GulfNav, Mena Energy ink strategic deal

Gulf Navigation Holding, a top operator of crude and chemical tankers, has entered into strategic alliances with Dubai-based oil and gas company Mena Energy The alliances for mutual co-operation in ship acquisition, chartering and

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Gulf Navigation eyes expansion

Dubai-based Gulf Navigation Holding (GulfNav), a leading maritime and shipping company, has announced expansion plans aimed at increasing its assets under management and service-based revenue. The announcement was made during a pr

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Gulf Navigation reaches settlement deal with NAT

Dubai-based Gulf Navigation Holding, a leading maritime and shipping company, has signed a settlement agreement with one of its major creditors, Nordic American Tankers Limited (NAT), Bermuda. This was announced today in a formal

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GulfNav set to modernise fleet

Gulf Navigation Holding (GulfNav), a leading shipping and maritime service company, said it aims to boost fleet with more specialised and modern ships in line with its expansion strategy. GulfNav is the only shipping and maritime company l

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Gulf Navigation appoints new CFO

Gulf Navigation Holding, a leading group in maritime and shipping services has announced the appointment of Khalid Karim as its new chief financial officer. Khalid brings to Gulf Navigation over 30 years of tremendous depth of experience i

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Gulf Navigation nears tanker fleet deal

Gulf Navigation Holding, a leading non-governmental ship owner in the region, has entered the final phase in negotiating the acquisition of a large and modern tanker fleet. The company, rich in cash, has for some time sought opportuni

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GulfNav approves 8pc cash dividend

Gulf Navigation Holding has approved a cash dividend of 8 per cent of share capital equivalent to 8 fils per share for 2008. The company also appointed KPMG as auditor for 2009 and approved the board of directors to be authorised for distr

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Gulf Navigation net profit up 28pc

Gulf Navigation Holding, a leading maritime and shipping services firm, said it has posted a record net profit of Dh148.22 million ($40.3 million) for the year ended December 31, 2008, up 27.7 per cent when compared to Dh116 million ($31.5 mi

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