David Wu-led Saga LNG Shipping has signed a memorandum of understanding that could see it provide small-scale newbuildings to India-based Venerable LNG (VLNG).
The preliminary agreement comes as VLNG is developing terminal and infrastructure projects in the draught-restricted Bay of Bengal that could require two small LNG carriers.
Saga said it will be providing one or more 45,000-cbm LNG carriers, which will be built with its LNT A-Box cargo containment systems that have no restrictions on partial loading.
