The moves have also seen Bordelon rise to the role of chairman, president and chief executive officer at the Louisiana-based yard group.

The transaction adds Bollinger’s 10 yards to the empire of the Chouests, who control offshore vessel giant Edison Chouest Offshore (ECO).

Also based in Louisiana, ECO is a rare vertically integrated shipping company, as it already controls a network of shipyards that churn out vessels for its own fleet.

A