S’hail Shipping and Maritime Services has acquired its second vessel. The new vessel is 75,323 dwt at 14.167 metres draft. The company had acquired its first vessel “S’hail Al Ruwais” in March.
Mohamed Khalifa Al-Sada, Chairman and Managing Director of the company, said: "This vessel can carry heavy cargoes and is capable for carrying more than 62,000 mt of gabbro from UAE to Qatar but becouse of draft restriction of 12.5 mtrs in Mesaieed.”
“Such gearless panamax vessels with higher cargo carrying capacity will be to the benefit to our local customers who can now carry more gabbro in each shipment.” The vessel is currently booked for next 2 to 3 months by the local companies to carry gabbro. The board of directors has already approved the acquisition of its third vessel. It is expected to join the company’s fleet in mid-May.
After its incorporation in December 2016, the company has been steadily building-up its tonnage with good quality ships appropriate for catering to not only the local aggregate trade but also the international trading.
