The products tanker fleet of Singapore-based Jaldhi Overseas is set to increase to five vessels with a deal to purchase medium range 2 type tanker from JX Ocean of Japan now in the bag.

Sanjay Gattani, Jaldhi’s chief commercial officer, comfirmed to TradeWinds today reports being circulated by brokers that the company has acquired the 46,900-dwt products tanker High Power (built 2004).