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Ship Construction boom continues

Ship Construction boom continues
Turkey's ship construction business continues to surge, with international orders received having reached to $3.1 billion. Shipyards, with capacity for processing 560 thousand tons of steel annually, are full until 2010.

Ship Construction boom continues

Turkey's ship construction business continues to surge, with international orders received having reached to $3.1 billion. Shipyards, with capacity for processing 560 thousand tons of steel annually, are full until 2010.

"They have won large business deals, particularly for container ship and large yacht construction," said Izmir Chamber of Shipping Chairman Geza Dologh in an interview with the Dogan News Agency earlier this week. Emphasizing a potential additional direction that the sector could explore and capitalize on, Dologh said, “Located in a strategic area on the cruising road, Turkey has great potential to increase ship care and repair business."

Turkish shipyards have today become a brand in ship construction. With a growing number of shipyards, Turkey ranks 8th in ship construction worldwide. Its goal for the year 2013 is to be ranked among the world's top three in ship construction.

The number of shipyards was 32 in 2002 and 62 for 2007 to date, according to the data obtained by Ship Construction Industrialists Union and Chamber of Shipping. After the constructions of the shipyards are finished the number of the shipyards will be 123. Once the shipyards are working at full capacity, Turkey will reach a production capacity of 6 million dwt. This will help Turkey to reach its 2013 ranking goal.

"Defining new shipyard areas and providing the sufficient support for the shipyards... should be clarified as soon as possible,” said Dologh.

Adding a further reason for the world preference for Turkish shipyards, Dologh noted the industry's timely deliveries.

www.TurkishMaritime.Com.tr

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