UK marine group James Fisher has said trading so far this year is in line with expectations.

But the London-listed owner said its product tankers and offshore oil division are trading "well ahead of last year."

"With a good start to 2019, the board considers that the group's outlook for the year remains positive and that James Fisher continues to be well placed to provide further growth and value for shareholders," it said.

In February, the company continued its fleet rejuvenation with the acquisition of a Borealis Maritime tanker, with more on the way.

The company said it had bought the 6,100-dwt products/chemicals carrier Bomar Pluto (built 2006) and renamed it Corrib Fisher.

The vessel was the second of two acquisitions it sealed in 2018 for a combined £10.6m ($14m).

It had previously said the 4,700-dwt Key Fjord (built 2006), which was renamed Dee Fisher, joined the fleet for £5.2m.