Turkish builder Vicem Yachts is reorganizing production to improve efficiency, and all three of its lines - Vintage, Vulcan and Vanguard - will be concentrated in Antalya, the company announced.
The Antalya facilities are on the Turkish southeast Mediterranean coast.
"This move is part of the new Vicem Yachts three-year industrial plan started at the end of 2009," the company said in a statement. "The launch of the Vulcan Line and, more recently, of the Vanguard Line - Vicem's third line of open yachts - characterize the fundamental stages of the plan. Together with the Vintage Line - the yard's core business - all three lines will be built in Vicem's two Antalya facilities."
The consolidation will allow for all the company's production under one roof, making the move cost-effective. The facility also provides direct access to the sea.
Vicem also said it signed a co-central agency agreement with the Fraser Yachts brokerage agency for the sale of unit No. 1 of the Vulcan 46-meter superyacht, which is under construction.
Fraser Yachts has offices in the United States and overseas.
"We are extremely pleased to have been able to team up with one of the best brokerage companies in the yachting industry. Partnering with Fraser Yachts is further confirmation of Vicem Yachts' pursuit of excellence and its ability to meet the demanding operational and product standards of partners like Fraser," chairman and founder Sebahattin Hafizoglu said in a statement.