Singapore- headquartered Atlantic Gulf & &Pacific( AG&P), a worldwide downstream gas as well as LNG logistics professional, has actually made a tactical equity financial investment in Kanfer Shipping.
Kanfer is a Norway- based designer of small LNG sea transport remedies that consist of a barge created to make damaging bulk freights of LNG less complicated, much faster as well as a lot more effective.
Kanfer’s small option utilizes a trademarked Detachable Stern Vessel (DSV) layout to produce what AG&P explains “as an advanced version of the commonly used Articulated Tug Barge (ATB).”
Kanfer’s DSV effectively transfers LNG to as well as from an FSU, FSRU or land-based LNG terminals by means of a tiny as well as manoeuvrable barge that brings LNG to drop-points up rivers as well as along shores.
Kanfer’s DSV is created to conveniently browse rivers as well as coasts, consisting of in inadequate climate condition as well as hard sea states. Its superficial draft enables accessibility to downstream clients looking for to reduce aquatic framework expenses. These benefits allow brand-new LNG solution for smaller sized need facilities or for bigger need facilities in position that are much less easily accessible.
“AG&P’s goal is to bring LNG to new markets. One of the missing links has been the capability to break-bulk LNG affordably,” claimed Karthik Sathyamoorthy, President of LNG Terminals as well as Logistics at AG&P. “Kanfer’s layouts open these brand-new markets as well as fix an essential space in the LNG supply chain for incipient as well as expanding markets. We are therefore pleased to bring Kanfer Shipping right into AG&P’s team of business.
“We have worked long and hard at Kanfer to find a real solution to the LNG virtual pipeline – one that stands on its commercial and technical merits,” claimed Stig Anders Hagen, Managing Partner atKanfer Shipping “Now, we are honored to be partnered with AG&P, a global trailblazer in LNG solutions and gas logistics. Together, we will reduce the cost of LNG infrastructure through Kanfer’s innovative solutions and provide a more robust solution to improve availability and accessibility.”
“AG&P has recognized the rapid and accelerating market shift to LNG as a primary fuel for land and marine applications. Three years ago, we invested in Gas Entec, the leading LNG terminal, bunkering and fuel system engineering company, and today in Kanfer Shipping to create a unique and compelling ecosystem for the development of LNG and gas delivery systems. Kanfer’s expertise complements and expands our passion for an integrated approach to LNG logistics and will enable us to reach new customers in Southeast Asia, the Caribbean and beyond,” claimed Jose P. Ibazeta, Director of AG&P.