Shipping Corp of India (SCI) has signed an agreement to buy a Greek suezmax.
The company said it would acquire a ship of 158,710 dwt, owned by Fidelity Shipping.
The only vessel in the global fleet matching this specification is the Aegean Navigator (built 2007), operated by Arcadia Shipmanagement.
SCI told TradeWinds earlier this year it was in talks for the Arcadia vessel.