First build to start in 2016

EO7A5761 1500The first LNG carrier equipped with the LNT A-BOX® system has already been contracted, and the construction starts in Q3 of 2016. The first vessel will be a 45 000 cbm carrier built by the shipyard China Merchants Heavy Industries Co., Ltd. (CMHI). Saga LNG Shipping Pte. Ltd. and China Merchants Industry Holdings Co Ltd (CMIH) have signed a contract for 1+1 such LNG carrier. LNG New Technologies has entered into a license agreement with CMHI to utilize the LNT A-BOX® containment system.