French liner carrier CMA CGM — which has built up an orderbook of 53 newbuildings — is adding 16 more vessels to its growing fleet.

The new additions are set to cost the company around $2.5bn.

The Saade-family led outfit said the orders include 10 dual-fuel LNG vessels and six methanol dual-fuel ships. However, it did not disclose the shipyards that are constructing the 16 newbuildings.