Qatar's expanding S’hail Shipping has added a fifth bulker to its fleet, with more to come.
The latest 2005-built, 77,000-dwt acquisition has been renamed S’hail Al Wajbah and will fly the Qatari flag.
In April, Qatar Development Bank (QDB) agreed to extend a QAR 70m ($19.23m) facility to allow it add more vessels in a bid to reach its target of at least seven.
