Mubasher: Gulf Warehousing Company on Sunday announced that its subsidiary Gulf Warehousing Marine has been formally appointed as a shipping agent to handle the Taiwan WAN HAI LINES LTD liner business in Qatar.

This appointment will come into force on 1 December 2018, according to the company’s statement to the Qatar Stock Exchange (QSE).

For the first nine months of 2018, Gulf Warehousing’s profits rose 10.1% year-on-year to QAR 173.2 million.

By 11:46 am Qatar time, Gulf Warehousing’s stock inched up 0.02% at SAR 40.86.