The company said its newbuilding list now stands at more than 40 ships. London broker Clarksons had 22 listed for ECO previously.

“Reacting to customer demands, ECO continues to lead the industry by designing, building and operating new generation vessels featuring the latest available technology,” said ECO president Gary Chouest.

Most of the will be constructed at its four US-affiliate shipyards: North American Shipbuilding, LaShip, Gulf Ship and Tampa Ship, as well as its Brazilian shipyard, Navship.

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