Turkey's Shipbuilding Industry on the Rise

Tuesday, October 24, 2006
According to reports, projects implemented by the Turkish Ministry of Transport in the last four years to increase shipyard capacity and efficiency have started to bear fruit. The ministry took the shipyards’ demands for growth as their priority and development plans were approved by the Ministry of Public Works. The Tuzla Shipyard and Tourism Co. has reached a capacity to build 45000 deadweight (DWT) ships. Employment rose from 13,000 in 2003 to 28,500. Shipbuilding capacity rose from 654,000 DWT to 1.4 million DWT. The amount of sheet steel processed in shipyards has doubled.

Turkey’s worldwide market share in shipbuilding has risen from 0.9 percent to 1.4 percent; making Turkey fifth place in shipbuilding, right behind Germany who occupies fourth place with a share of 3.6 percent. With these developments, the Turkish Ministry of Transport’s bureau for Maritime Affairs has expanded its goals. Maritime Affairs’ new shipbuilding target for 2010 is now fourth place in the world.

An additional 3,600 people have been employed in the last three years. The steel processing capacity has increased by 306,000 tons. Maintenance and repair capacity have also seen a considerable increase. A million-ton yearly capacity has been reached with the restructuring of some other shipyards. Source: Zaman


Shipbuilding

Japanese Yards Mull Shipbuilding Alliance

Four major Japanese shipbuilders are in discussions to form an alliance in hopes of riding out the industry slump.   Mitsubishi Heavy Industries, Ltd. (MHI) announced

Another Tug Launched for Suderman & Young

Eastern Shipbuilding Group, Inc. said it launched on August 15, 2016 the final vessel in a series of four Z-Tech Class Terminal & Escort Tugs being constructed for Suderman & Young Towing Company.

Esvagt Makes Vestdavit MissionEase First Choice for Mission Bay

Norway-based boat system and davit-handling specialist Vestdavit has secured a breakthrough order for its unique MissionEase multi-boat handling solution for mission bays,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0625 sec (16 req/sec)