Akdeniz Shipyard

What Akdeniz Shipyard does

Akdeniz Shipyard is a Turkey-based private shipbuilding and vessel repair facility founded in 2007 as part of the Akbaşoğlu Group, which brings approximately 50 years of shipping industry experience. The company operates from a 120,000 m² shipyard at the Yumurtalık Free Zone in Ceyhan, Adana, supplemented by a head office in Istanbul's Tuzla maritime district. It is positioned as the largest private-sector shipyard in Turkey and the Eastern Mediterranean by area and capacity, and employs 51-100 people. The yard is equipped with heavy industrial assets including an 820-ton travel lift, a 1500-ton hydraulic press, a CNC dry plasma cutting table, and a panel welding line, enabling fabrication of steel-hulled vessels up to 150m on its main slipway.

The company's product portfolio spans four core categories: oil and lube oil tankers (typically 500-1200 DWT/CBM, including hybrid-electric propulsion variants), fishing vessels (purse seiners, ice-fishing vessels, and fish-farm catamarans), multi-purpose vessels (workboats, slop reception vessels, and anchor handlers), and specialized projects (dry cargo, pontoon barges, research vessels, floating docks). It also offers a separate repair and maintenance service covering steel repair, engine and generator overhaul, tank cleaning and coating up to 1500 bar, grit blasting, propeller work, and painting. Customers are international maritime operators across at least 14 countries — predominantly Norway, UAE, USA, France, Iceland, Gibraltar, Spain, Sweden, Denmark, Israel, Greenland, and Kazakhstan — with end-uses including oil transport, fishing, and maritime services.

Akdeniz generates revenue primarily through bespoke new-build contracts (one-time project sales quoted per vessel specification) and per-project repair and maintenance services, both sold via direct B2B relationships. Pricing is non-public and customized to scope, complexity, and vessel size. Commercial outreach is conducted through direct sales, a Norwegian shipbroker channel partnership (Hagland Shipbrokers), and sustained participation in European maritime and fisheries exhibitions (Europort, Nor-Fishing, ICE FISH, Nor-Shipping, ONS, Danfish, Blue Fish, ITS). The company is privately held with no external institutional funding and is operationally active, having completed or launched multiple vessels in both 2024 and the first four months of 2025.

Name

Akdeniz Shipyard

Legal name

Akdeniz Shipyard

Website

https://akdenizshipyard.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Akdeniz Shipyard is a Turkey-based private shipbuilding and repair facility, the largest private sector yard in Turkey and the Eastern Mediterranean by area, building custom oil tankers, fishing vessels, and multi-purpose vessels for international maritime operators.

Ownership category

akta.pro rank

Product category

Commercial Shipbuilding

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (33661), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industries

Crude & Product Tanker Shipbuilding (VLCC/Suezmax/Aframax/MR) (IMAJAAAC), Hull, Structure & Steelwork Repair (TLAKAKAE), Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD)

Keywords

• Shipbuilding services
• Vessel construction
• Ship repair maintenance
• Marine engineering
• Maritime vessels

Headquarters

HQ city

Ceyhan

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Ship New Building: Custom vessel construction including tankers, fishing vessels, multi-purpose vessels, bunker barges, and other maritime vessels built to client specifications
2. Repair & Maintenance Services: Comprehensive repair, renewal, maintenance and overhaul services during docking and repair periods including steel repair, engine overhaul, painting, and propeller services

Go-to-market motion1 record

Distribution channels1 record

Marketing channels9 records

Core offering

Akdeniz Shipyard designs and builds custom commercial vessels (oil tankers, lube oil tankers, bunker barges, fishing vessels, multi-purpose vessels, pontoon barges, research vessels, and floating docks ranging from 500 DWT to 10,500 DWT) and provides comprehensive repair and maintenance services including steel repair, engine and generator overhaul, tank cleaning, propeller services, and high-pressure water jet cleaning up to 1500 bar. The 120,000 m² shipyard in the Yumurtalık Free Zone, Ceyhan-Adana, Turkey, operates as the largest private-sector shipyard in Turkey and the Eastern Mediterranean.

Product overview

Akdeniz Shipyard operates as a comprehensive shipbuilding and repair facility offering a diversified portfolio of vessels and maritime services. The company's core offerings span four main vessel categories: Tankers (including oil tankers, lube oil tankers, and bunker barges ranging from 500-1200 DWT), Fishing Vessels (purse seiners, catamaran vessels, and ice fishing vessels), Multi-Purpose Vessels (workboats and utility vessels), and Other Projects (dry cargo vessels, pontoon barges, research vessels, and floating docks). Complementing new construction is a full-service Repair and Maintenance division offering steel repair, tank cleaning, engine overhaul, and propeller services. The shipyard maintains a hybrid product strategy combining standard vessel types with specialized custom builds for international clients, notably in Norway, USA, UAE, France, Iceland, Gibraltar, and other countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Tankers (Oil Tankers, Lube Oil Tankers, Bunker Barges, Hybrid Tankers) Custom-built oil tankers, lube oil tankers, bunker barges, and hybrid tankers with capacities ranging from 500 DWT to 1200 DWT, built for international oil transport operators. Includes shallow-draft and hybrid-electric propulsion variants for operationally demanding routes.
• Fishing Vessels Purpose-built fishing vessels including purse seiners, catamaran fishing vessels, ice fishing vessels, and standard fishing vessels for commercial fishing operators in Northern Europe (Norway, Greenland, Iceland).
• Multi-Purpose Vessels Versatile vessels for multiple operational purposes including workboats, slop reception vessels, anchor handling vessels, and general maritime support craft for maritime service companies and harbor operators.
• Ship Repair and Maintenance Services Comprehensive ship repair and maintenance services for vessel owners and operators, including steel repair and conversion, slop/sludge removal, tank cleaning, high-pressure water jet cleaning (up to 1500 bar), grit blasting, tank coating, tail shaft services, engine and generator overhaul, painting, and propeller repairs during docking periods.
• Specialized Vessel Projects Specialized one-off and short-series vessel projects including 10500 DWT dry cargo vessels, pontoon barges, split hopper barges, pontoon RO-RO vessels, research vessels, floating docks, and BV-class trawler yachts.

Quantifiable outcome

• Successfully launched 730 m³ hybrid lube oil tanker with electric propulsion for UAE client
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

17 partnerships are on record, tiered core, minor and moderate.

• Akbaşoğlu GroupcoreOthersParent company with 50 years of experience in shipping. Akdeniz Shipyard operates as part of Akbaşoğlu Group's maritime portfolio, benefiting from extensive industry expertise and established reputation in the shipping sector.
• KOOminorOthersReferenced as a client/reference in shipyard's project portfolio.
• Republic of Turkey Ministry of AgricultureminorOthersReferenced as a client/reference in shipyard's project portfolio.
• Akdeniz UniversityminorOthersReferenced as a client/reference in shipyard's project portfolio.
• BOTAŞ (Petroleum Pipeline Corporation)minorOthersReferenced as a client/reference in shipyard's project portfolio.
• Doğuş İnşaatminorOthersReferenced as a client/reference in shipyard's project portfolio.
• Bunker Oil NorwaymoderateStrategic or Co-development PartnerOngoing client relationship for oil tanker construction including KYSTBUNKER series vessels.
• ODR (Iceland)moderateStrategic or Co-development PartnerIcelandic partner for oil tanker construction projects including KEILIR vessel.
• MHB LandminorOthersReferenced as a client/reference in shipyard's project portfolio.
• Barents BoatminorOthersReferenced as a client/reference in shipyard's project portfolio.
• Hagland ShipbrokersmoderateChannel Partner/ Reseller/ DistributorNorwegian shipbroker partner involved in vessel projects and client referrals for the shipyard.
• Tri Star GroupmoderateStrategic or Co-development PartnerClient partner for lube oil tanker construction including TRISTAR vessels.
• Pallas GroupminorOthersReferenced as a client/reference in shipyard's project portfolio.
• Caspian OceanminorOthersReferenced as a client/reference in shipyard's project portfolio.
• Ganaye EnvironnementminorOthersReferenced as a client/reference in shipyard's project portfolio.
• ConsulmarminorOthersSpanish maritime services company referenced as a client/reference.
• MD AnchorminorOthersIsraeli maritime equipment company referenced as a client/reference.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cemre Shipyard: Turkish private shipyard building fishing vessels, offshore support vessels, and small commercial ships. Direct comparable on vessel mix, customer profile (Northern European fishing fleets), and yard-scale operations.
• Tersan Shipyard: Major Turkish private shipbuilder focused on offshore, fishing, and specialized commercial vessels. Closest Turkish head-to-head competitor in vessel types (fishing vessels, offshore support) and export-led B2B sales motion.
• Sedef Shipyard (Sefine): One of Turkey's larger private shipyards, building offshore service vessels, tugs, and specialized commercial ships. Comparable in scope of new-build capabilities and Turkish private-sector positioning.
• Besiktas Shipyard: Turkish private shipyard building small-to-medium commercial vessels, including tankers and multi-purpose ships. Direct competitor in the same Turkish private-shipyard segment with overlapping customer base in the Eastern Mediterranean.
• Ada Shipyard: Turkish private shipyard specializing in fishing vessels, tugboats, and small commercial ships. Comparable niche, customer geography (Northern Europe, Mediterranean), and new-build service offering.

Broad incumbents

• VARD: Norwegian-Italian global shipbuilder (part of Fincantieri) building offshore support, specialized commercial, and fishing vessels. Larger and broader incumbent in adjacent vessel categories, frequently bidding on the same Northern European fishing and offshore tenders.
• Damen Shipyards Group: Dutch global shipbuilder operating dozens of yards across multiple vessel segments, including small/medium tonnage, offshore, fishing, and workboats. A broader incumbent that competes for the same small-vessel, customized-vessel orders from international buyers.

Regional players

• Grandweld Shipyards: UAE-based shipyard building offshore support vessels, tugs, and small commercial ships in the Middle East. Comparable in small-to-medium commercial vessel focus and serves a customer base that overlaps with Akdeniz's Gulf clients.
• Fiskerstrand Verft: Norwegian family-owned shipyard building ferries, fishing vessels, and small commercial ships. Similar mid-size yard profile and focus on customized small commercial newbuilds, with Norwegian/Scandinavian customer base.
• Havyard Group: Norwegian shipbuilder and designer of offshore service vessels, fishing vessels, and specialized tonnage. Comparable in fishing-vessel and small commercial-vessel focus, but operating primarily in Northern Europe rather than the Mediterranean.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/akdeniz-shipyard

Revenue estimate

Valuation estimate

Number of profiles

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 Akdeniz Shipyard