Kanfer founder and managing partner Stig Anders Hagen, who remained tight-lipped on some details when TradeWinds first reported on the plan back in February, says the idea is based on a design using articulated tug barges (ATBs).

Hagen says Kanfer now has “several” letters of intent (LOIs) related to projects on “three continents”. He adds that the company also has a shareholder in the form of an unnamed North American investor in the shipping industry.

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