S’hail Shipping takes delivery of its 3rd ship

S’hail Shipping’s third ship, the S’hail Al Doha, is en route to Kashima in Japan to load its first cargo. The ship is a 52,455 dwt geared grabbed dry bulk carrier, and was delivered at Zhoushan in China. The company already signed an agreement for the acquisition of a 75,500 dwt gearless panamax bulk carrier, which is expected to be delivered in June 2017.