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.