Besiktas Shipyard

What Besiktas Shipyard does

Besiktas Shipyard (Beşiktaş Shipyard) is a privately held Turkish ship repair and shipbuilding facility headquartered in Altınova, Yalova, Turkey, operating across 212,000 sqm with 57,000 sqm enclosed area. Founded in 2007 by the Kalkavan family and active in repair since 2009, the company operates three docks — two floating docks and one graving dock — including the newly operational 85,000 TLC floating dock (345m x 70m) acquired from Seatrium in 2024 and the largest towed marine unit ever to transit the Suez Canal. The yard can simultaneously accommodate up to 15 vessels and serve ships up to 330,000 DWT, delivering dry-docking, steel production (>1,500 tons/month), mechanical works, blasting/painting, outfitting, BWTS and scrubber retrofits, and specialized services. Since 2021 it has held GTT accreditation as the first shipyard in the region authorized to perform cryogenic LNG cargo tank repairs, and it operates on-site authorized ABB Turbocharger and Woodward Governor workshops.

The company monetizes primarily through project-quoted ship repair and retrofitting services, supplemented by limited newbuild activity (workboats, small tankers) via its Besiktas Workboats subsidiary and additional repair capacity at Art Shipyard (Tuzla Bay). Go-to-market combines direct enterprise sales (managing director Yavuz Kalkavan leads commercial operations) with a global exclusive agent network spanning 13+ countries and a dedicated Athens branch office opened in 2019. It serves enterprise shipping customers across Europe and Asia — Maersk, Grimaldi, Norden, d'Amico, Hafnia, Scorpio Tankers, Eastern Pacific Shipping, Energos — with reported metrics of 98% customer satisfaction and 92% repeat customer rate, and is ranked #1 in Europe and #8 globally by Clarksons Research (2019). The firm is increasingly positioning into maritime decarbonization retrofits through partnerships with Carbon Ridge (first commercial centrifugal OCCS installation, July 2025), bound4blue (wind-assisted suction sails), and Navigate Shipping Partners (end-to-end decarbonization advisory), alongside ISO 14064-1:2018 carbon footprint certification.

Name

Besiktas Shipyard

Legal name

Besiktas Tersane A.Ş

Website

https://besiktasshipyard.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Besiktas Shipyard is a privately held Turkish ship repair and retrofit facility operating 3 docks (including Europe's largest floating dock) in Yalova, Turkey, serving global shipping enterprises such as Maersk, Grimaldi, and Norden with dry-docking, BWTS/scrubber retrofits, LNG repairs, and emerging maritime decarbonization installations.

Ownership category

akta.pro rank

Product category

Ship Repair Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industries

Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA), Hull, Structure & Steelwork Repair (TLAKAKAE), Mechanical Systems Repair (Engines, Propulsion, Pumps) (TLAKAKAF), Utilities & Power Infrastructure (Electrical Distribution, Compressed Air, Steam, Water) (IMAJALAJ)

Keywords

• Ship repair services
• Dry docking services
• Vessel maintenance
• BWTS scrubber installation
• LNG vessel repair

Headquarters

HQ city

Altinova

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Ship Repair Services: Core revenue from dry docking, repairs, and maintenance of vessels. Services include routine dry-docking, special surveys, steel works, mechanical works, and outfitting. Project-based pricing with quotes per vessel.
2. Retrofitting Services: Scrubber and Ballast Water Treatment System (BWTS) installation projects. Typically 23-35 day turnarounds for scrubber retrofits, 21+ days for BWTS installations.
3. Wind Propulsion Installation: Installation of wind-assisted propulsion systems such as bound4blue eSAIL suction sails for sustainable shipping solutions.
4. Ship Building: New vessel construction including tugs, workboats, tankers. Historical activity from 2009-2019, currently limited capacity dedicated to newbuilds.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Besiktas Shipyard provides ship repair, dry-docking, and maintenance services for commercial vessels at its 212,000 sqm facility in Yalova, Turkey, operating 2 floating docks and 1 graving dock capable of accommodating vessels up to 330,000 DWT. Core offerings include steel works, mechanical works, outfitting, BWTS and scrubber retrofits, and GTT-approved LNG vessel repairs, with limited newbuild construction for niche vessel types.

Product overview

Besiktas Shipyard operates as a comprehensive ship repair and building facility offering a unified portfolio of maritime services. The core offerings center on ship repair (including dry-docking, steel production, pipe works, blasting/painting, mechanical works, outfitting, and electrical services), complemented by specialized retrofitting services for BWTS and scrubbers, LNG vessel repairs with GTT approval, and wind propulsion installations. The yard operates 3 docks (2 floating docks and 1 graving dock) with capacity for vessels up to 330,000 DWT, and maintains in-house workshops for turbochargers (ABB), governors (Woodward), and specialized pipe fabrication. Ship building services are offered for niche vessel types up to 26,000 DWT. The recent addition of an 85,000 TLC floating dock has expanded capacity for oil rigs, FPSOs, FSRUs, and cruise ships.

Differentiator

Problem solved

Functional benefit

Products and services

• Ship Repair Services Comprehensive ship repair services including dry-docking, steel production, pipe works, blasting and painting, mechanical and machinery works, outfitting and electrical works, for ship owners and operators globally with capacity for vessels up to 330,000 DWT.
• Dry Docking Services

Quantifiable outcome

• 98% customer satisfaction rate
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Navigate Shipping Partners (NSP)coreStrategic or Co-development Partner · 8 October 2025NSP is a London-based project delivery platform launched to accelerate maritime decarbonization. Besiktas Shipyard collaborates with NSP to provide end-to-end decarbonization solutions including advisory, engineering, and shipyard implementation for the maritime industry's transition to net zero emissions.
• Carbon RidgecoreStrategic or Co-development Partner · 1 July 2025Carbon Ridge's centrifugal Onboard Carbon Capture and Storage (OCCS) system was installed at Besiktas Shipyard in July 2025. The system achieved 98% peak CO2 capture rate during commercial pilot on Scorpio Tankers' STI Spiga - the first maritime implementation of centrifugal OCCS technology.
• DNVcoreTechnology or IntegrationDNV classified society verified Carbon Ridge's centrifugal OCCS system performance during pilot at Besiktas Shipyard. DNV provides technical verification and classification services for vessels repaired at the yard.
• GTT (Gaztransport & Technigaz)coreTechnology or IntegrationGTT provides approval for Besiktas Shipyard to perform LNG vessel cargo tank repairs. GTT approval enables owners to bring LNG carriers to the yard for cryogenic repair work.
• Zoepffel & SchneidercoreChannel Partner/ Reseller/ DistributorExclusive agent for Besiktas Shipyard in Germany, hosting receptions to announce new partnership. Represents yard to German maritime industry.
• Coway Marine ServicescoreChannel Partner/ Reseller/ DistributorExclusive agent for Singapore and Malaysia markets. Hosts traditional cocktail party during Sea Asia exhibition.
• Art ShipyardminorStrategic or Co-development PartnerRelated entity within Besiktas Group established in Tuzla Bay area in 2021. Has capacity for 70 ships annually in 2 panamax floating docks. Part of group expansion strategy.

Scale indicators9 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Desan Shipyard: Tuzla-based Turkish ship repair and newbuild yard operating multiple floating docks. Directly comparable in geography, service mix, and customer base, competing for the same Mediterranean and European-flag repair business.
• Sedef Shipyard: Major Tuzla-based Turkish shipyard with newbuild and repair capability, including large floating dock infrastructure. Comparable in scale and Turkish-straits positioning, with a stronger newbuild tilt.
• Drydocks World: Dubai-based global ship repair, conversion, and offshore services yard with multiple floating and graving docks. Direct competitor for VLCC, FPSO, and large vessel repair work, particularly for Middle East and international tanker owners.
• ASRY (Arabian Ship Repair Yard): Bahrain-based ship repair and conversion yard with floating and graving docks serving regional and international tanker, naval, and offshore clients. Comparable in service offering and customer profile, competing for the same Middle East and international repair tonnage.
• Palumbo Malta Superyards: Mediterranean ship repair operator with yards in Malta and Italy serving commercial and cruise vessels. Direct European competitor for repair of large cruise ships, tankers, and cargo vessels in the Mediterranean basin.
• Remontowa Shipbuilding: Gdansk-based Polish ship repair, conversion, and newbuild yard with extensive floating dock capacity. Comparable European peer competing for North European, Baltic, and Atlantic repair business, particularly specialized and offshore vessels.

Broad incumbents

• Sembcorp Marine: Singapore-based global shipbuilding, repair, and offshore engineering group with vast yard infrastructure. Overlaps on ship repair and offshore conversions but operates at significantly larger scale with broader newbuild and offshore EPC exposure.
• Keppel Shipyard: Singapore-based global ship repair, conversion, and offshore yard operating under Keppel Offshore & Marine. Competes on offshore and large-vessel repair but offers a much broader portfolio including rig building, offshore renewables, and deepwater engineering.
• Damen Shiprepair: Dutch-headquartered global shipbuilder and repair operator with yards across the Netherlands, UK, and beyond. Overlaps on commercial and naval vessel repair but is significantly larger and broader, including newbuild, components, and services.
• COSCO Shipping Heavy Industry: China-based global shipbuilding and repair group with multiple mega yards. Competes aggressively on cost for international repair work, especially for tanker and bulker owners, but is substantially larger with dominant newbuild exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@BesiktasShipyard
• Facebookfacebook.com/besiktasshipyard
• LinkedInlinkedin.com/company/besiktas-shipyard
• Xx.com/BesiktasYard

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Besiktas Shipyard