Japan’s MOL is close to inking a newbuilding deal on an LNG bunker vessel (LNGBV) tendered for by Singapore’s Pavilion Gas and energy major Total.
Industry sources said MOL has already agreed the chartering arrangement with Pavilion Gas — an arm of Pavilion Energy — on what is expected to be an LNGBV of up to 12,000 cbm that would be based in Singapore.