The Japanese shipbuilder will acquire 99.36% of the shares from Caledonia Investments, Gasfin Investment and Dr Kuver, the latter of which belongs to TGE's CEO.
MES said that demand for small-to-medium sized LNG carriers, ethane and ethylene gas (LEG) ships and LPG vessels is expected to increase in the foreseeable future.
As a result it is developing and selling medium-sized multi-gas carriers.
