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ARTICLE · 27 MAY 2024

Ship And Yacht Construction - From A Turkish Law Perspective

Inal Law Office
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With the considerable increase of investments in the shipbuilding industry, Türkiye has become one of the leading countries in the world within the field of ship and yacht building.

TurkeyTransport
Seyma Inal
Seyma Inal
Cihan Mısırlı
Cihan Mısırlı
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With the considerable increase of investments in the shipbuilding industry, Türkiye has become one of the leading countries in the world within the field of ship and yacht building. According to the Maritime Sector Report published by the Chamber of Shipping, the number of active shipyards increased to 84 from 37 in 2002, the majority of which are concentrated in the Marmara and the Western Black Sea regions. Moreover, currently, 9 shipyards are in the investment phase and 13 areas are designated as shipyard areas.1

In addition to the above, ship and yacht exports from Free Zones in Türkiye amounted to USD 410 million in 2021, and to USD 280 million in 2022. A significant part of these exports have been made from the Kocaeli and Antalya Free Zones, and there are also exports made from the European, Adana Yumurtalık, İzmir, Aegean, İstanbul Trakya and İstanbul Industrial Free Zones.2

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