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

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

New Survey Vessel Ordered for the Port of London

The Port of London Authority (PLA) has ordered a new purpose-built survey catamaran, a CTruk MPC19, due to enter service on the river Thames later this year.   The

Raytheon Anschütz Opens Service Center in Panama

German navigation system manufacturer Raytheon Anschütz has established its new subsidiary Raytheon Anschuetz Panama, S. de R.L., in Panama City.   The new company,

ThyssenKrupp: Submarine Unit Not For Sale

German industrial group ThyssenKrupp is not in talks to sell its submarine unit nor is it in talks to sell its stainless steel unit VDM, its chief executive said on Friday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.6377 sec (2 req/sec)