Turkey Flexes its Muscle

Author:
Publish date:
Alia’s 55-meter Al Waab II under construction.

Alia’s 55-meter Al Waab II under construction.

Turkey is no longer an up-and-comer as a hub for yacht building — the country is now a major player and home to some of the world’s busiest yards.

After establishing the Antalya Free Zone on the country’s Mediterranean coast in 2000, the number of builders has steadily increased every year.

A rendering of the completed Al Waab II.

A rendering of the completed Al Waab II.

The result: Antalya has generated $1.2 billion in revenues — now ranked only behind Italy and the Netherlands in the world, according to the Hürriyet Daily News.

“Since 2000, we’ve been in this business,” ASBAŞ head Zeki Gürses told the paper. “Now there are 50 companies here. We have built and delivered around 460 ultra-luxury yachts.” ASBAŞ oversees and represents the builders in the free zone.

Ava Yachts 110 comes out of the shed.

Ava Yachts 110 comes out of the shed.

The largest superyacht built here was 63 meters (206 feet) but Gürses said that a yard is slated to launch a 230-foot vessel by the end of the year.

It is the busiest of such yacht-centric free zones in the nation — others include Tuzla, just outside Istanbul of Bodrum, on the Aegean Sea.

Gürses added that the free zone has become a vital service hub for maintenance and other needs, serving many of the superyachts that summer in the Med.

“In previous years, 132 super yachts were brought here. Some 114 of them were repaired and $34.1 million were fetched,” Gürses said. 

Related

NMMA Confirms Industry Growth

NMMA president Frank Hugelmeyer said the boating business grew 12 percent last year during yesterday’s virtual State of the Boating Industry address.

Newport Show Dates Announced

Organizers are planning for an in-person Golden Anniversary edition of the show Sept. 16-19.

Quick Hits: March 5, 2021

The National Association of Manufacturers names Brunswick Corp. CFO Ryan Gwillim to its Board of Directors.

Caught Red-Handed

Two commercial fishermen were jailed for possessing an illegal haul that included 100 undersized lobster tails, which is a felony. Also, fisheries management gets new funding.

Bennington Expands Operations

The pontoon builder plans to add jobs at its new facility in Elkhart County, Ind., and increase manufacturing output.

KVH Industries Names CFO

Longtime telecom financial executive Roger A. Kuebel assumes the position that COO Brent Bruun had held in an interim capacity.