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TGE Marine floats
- Created:
- 20 May 2008
- Written by:
- Martin Li
TGE Marine, a leading engineer of gas carriers and offshore units, has raised £21.3m and floated on Aim. The group designs and makes marine gas handling and storage systems and vessels. The world's liquid petroleum gas fleet is moving into a natural scrapping cycle, and more generally, the liquid gas markets are moving towards smaller vessels. Both trends offer the group significant growth opportunities.
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IC VIEW
The liquid gas markets are booming, and TGE is excellently placed to take advantage. One to watch.
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