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AG&P expands business to include small-scale bunker vessels and LNG-to-power barges

Atlantic Gulf and Pacific are reaching smaller and more scattered customers through its distribution solutions that drive down the delivered cost of LNG.
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Atlantic Gulf and Pacific (AG&P), the global downstream gas and LNG logistics company, on Thursday (30 January) announced its portfolio expansion of proprietary technologies to small-scale bunker vessels and LNG-to-power barges in response to growing global demand for cleaner and cheaper fuel.

In the past year, AG&P and majority-owned GAS Entec have been awarded contracts for key LNG components of, among others (i) Japan’s first LNG bunker vessel, (ii) Asia’s largest bunker vessel that will operate in Singapore, and (iii) multiple LNG carrier (LNGC) conversions to floating storage and regasification units (FSRUs) to be deployed in Africa and to power electricity grids in different markets.

“AG&P’s goal is to bring LNG to new markets. One of the missing links has been the capability to import and distribute LNG in an affordable and smaller volumes to non-traditional and off-grid customers. Our unique technologies bring isolated consumers clean, affordable gas, while giving suppliers access to new markets and revenue streams,” said Chong-Ho Kwak, CEO of Gas Entec during the Global LNG Bunkering Summit held in Amsterdam, Netherlands.

“Our integrated, low CAPEX solutions drive down LNG equipment and transport costs, which not only reduce overall project costs, but has the potential to lower the delivered cost of LNG per MMBTU for the customer,” Mr. Kwak added.

AG&P Vice President for Business Development Nishant Sharma commented: “To meet the needs of project owners and investors, solutions must be scalable to minimize surplus capacity and enable investment to match market growth. To sustain demand creation, producers of LNG must also be able to access smaller and more dispersed categories of consumers, bypassing the major intermediaries.”

Anticipating these market changes, in November 2019 AG&P acquired a minority stake in Norway-based Kanfer Shipping, adding a state-of-the-art, proprietary LNG articulated tug barge (ATB) to its suite of cost-optimized solutions. Kanfer has developed a small-scale approach for breaking LNG bulk cargoes using the patented Detachable Stern Vessel© (DSV) design to create an advanced version of the commonly used ATB.

The shallow-draft vessel can efficiently transport LNG to and from an FSU, FSRU, LNGC or land-based LNG terminals and deliver LNG to drop-points on islands, up rivers, along coasts and to remote areas with limited infrastructure. This provides a cost-effective and flexible alternative to capital-intensive onshore LNG facilities, enabling small, large and inaccessible customers to have reliable and affordable access to natural gas.

In addition, AG&P is building a significant fleet of LNG tankers that deliver LNG from terminals to industrial, power, commercial and LNG/CNG stations, while also providing on-site equipment to its customers.

 

Photo credit: Atlantic Gulf and Pacific
Published: 30 January, 2020

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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July 21, 2026

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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17 hours ago

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July 21, 2026

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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July 21, 2026

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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