Besiktas Shipping

What Besiktas Shipping does

Besiktas Shipping (legal name: Beşiktaş Likid Taşımacılık Denizcilik Ticaret A.Ş.) is a privately held, third-generation Turkish ship owning and management company headquartered in Istanbul and founded in the 1960s within the broader Besiktas Group. The company operates a 40-vessel fleet comprising 34 oil/chemical tankers, 4 bulk carriers, 1 container ship (M/V Moliva), and 1 LPG/ethylene carrier (M/T Besiktas GH), and serves major oil and energy customers including historical long-term charterers BP, Shell, Mobil, Total, Fina, Elf, ENI, and currently Neste (validated by a 2025 TMSA audit). Over 1,000 staff deliver technical, commercial, and crew management, with marketing positioning as a "first class tanker manager" certified to ISO 45001 Occupational Health and Safety standards under a ZERO TOLERANCE pollution policy.

The company runs three interrelated revenue streams: (i) ship chartering of owned and operated vessels to oil majors and commodity traders on time and voyage charter terms, (ii) recurring ship management services for ship owners and charterers covering technical, crew, and commercial management, and (iii) ship repair and maintenance through 50:50 partnership shipyards — Besiktas Shipyard in Yalova and Art Shipyard in Tuzla (with Yardimci Group), plus Duzgit Shipyard — offering six floating and graving docks up to 382 metres and approximately 300 ship repairs per year. Geographic reach spans Turkey (Mediterranean), the Baltic Sea and North Europe via the Alba Tankers Sweden AB stake, Northwest Europe via UK contacts, and West Africa (with Senegalese port calls documented). The company co-hosts industry safety forums (ITOSF 2025), maintains an active digital presence across LinkedIn, Instagram, YouTube and Facebook, and in December 2025 suspended all Russia-related operations following the M/T Mersin incident.

Technically, the platform is built around a Safety Management System (SMS) with ISO 45001 OHS certification, comprehensive environmental protection and energy conservation management plans, and TMSA audit compliance. The company has not disclosed any proprietary technology products, software platforms, or AI/ML capabilities; its differentiators are operational rather than digital, anchored in 60+ years of brand trust, multi-generation family ownership under the Kalkavan family, oil-major-approved tanker management status, and integrated shipyard infrastructure that places Turkey — and by extension Besiktas — among the world's top five ship-repair hubs (Turkey's global ship-repair market share grew from ~5% to ~13% since 2009).

Name

Besiktas Shipping

Legal name

Beşiktaş Likid Taşımacılık Denizcilik Ticaret A.Ş.

Website

https://besiktasshipping.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

251–500 employees

Short description

Besiktas Shipping is a privately held, third-generation Turkish ship owning and management company operating a 40-vessel fleet (34 oil/chemical tankers, 4 bulk carriers, 1 container, 1 gas carrier) and 300-repair-per-year shipyards, serving major oil companies, energy firms, and commodity traders.

Ownership category

akta.pro rank

Product category

Maritime Shipping Services

NAICS

Deep Sea, Coastal, and Great Lakes Water Transportation (48311), Ship Building and Repairing (336611), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400), Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Bulk Dry Cargo Carriers (Capesize/Panamax/Supramax/Handysize) (TLADABAC)

Keywords

• Ship management services
• Tanker chartering services
• Ship repair maintenance
• Maritime vessel operations
• Bulk cargo transportation

Headquarters

HQ city

Istanbul

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Ship Chartering: Chartering out owned and operated vessels (tankers, bulk carriers, container ships, gas carriers) to major oil companies and commodity traders on time or voyage charter basis
2. Ship Management Services: Providing first-class ship management services including technical management, crew management, and commercial management for ship owners and charterers
3. Ship Repair Services: Ship repair and maintenance services through Besiktas Shipyard and Art Shipyard facilities, including special surveys, ballast water treatment installations, and scrubber installations

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Besiktas Shipping is a ship owning and management company operating a fleet of 40 vessels including 34 oil/chemical tankers, 4 bulk carriers, 1 container ship, and 1 LPG/ethylene carrier. The company provides commercial and technical ship management, vessel chartering to major oil companies and commodity traders, and integrated ship repair and maintenance services through its shipyard facilities in Yalova and Tuzla in Turkey.

Product overview

Besiktas Shipping is a ship owning and management company offering integrated maritime services through its core vessel fleet and ship repair operations. The company operates 40 vessels consisting of 34 oil/chemical tankers, 4 bulk carriers, 1 container ship (M/V Moliva), and 1 LPG/ethylene carrier (M/T Besiktas GH), providing transportation of petroleum products, chemicals, gas, and dry cargo. Complementing its shipping operations, Besiktas maintains ship repair facilities including Besiktas Shipyard in Yalova and Art Shipyard in Tuzla, positioning itself among the world's top five ship-repair hubs.

Differentiator

Problem solved

Functional benefit

Products and services

• Ship Owning & Management Services First-class ship management services providing commercial and technical management of vessels, including tanker, bulk, container, and gas carrier operations for ship owners and charterers. Service encompasses vessel management, crewing, technical operations, and commercial operations for ship owners and charterers.
• Oil/Chemical Tanker Transportation Transportation of petroleum products and chemicals via a fleet of 34 oil/chemical tankers ranging from small chemical carriers to 50,000+ DWT vessels, chartered to major oil companies and chemical charterers on time or voyage charter basis.
• Bulk Carrier Transportation Dry bulk cargo transportation services via 4 bulk carriers, including capesize vessels, serving major commodity traders globally.
• Container Shipping Container cargo transportation via M/V Moliva, a 936 TEU container ship managed by Besiktas Shipping.
• LPG/Ethylene Carrier Transportation Liquefied gas transportation via M/T Besiktas GH, a 9,000 cubic meter LPG tanker built at Besiktas Shipyard.
• Ship Repair & Maintenance Services Ship repair and maintenance operations through Besiktas Shipyard in Yalova and Art Shipyard in Tuzla, featuring floating and graving docks up to 382 meters, capable of handling 300 ship repairs per year, including special surveys, ballast water treatment installations, and scrubber installations.

Quantifiable outcome

• Zero accidents, incidents, spills or releases to environment (Vision statement)
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• NestecoreImplementation/ SI/ Consulting Partner · 1 December 2025Neste conducted TMSA (Tanker Management and Self-Assessment) Audit at Besiktas Shipping's new office, demonstrating operational excellence and commitment to industry standards compliance.
• Ditaş Tankers, Yasa Tankers, YMN TankerminorStrategic or Co-development Partner · 6 November 2025Co-hosting the 172nd Informal Tanker Operators' Safety Forum (ITOSF) - a distinguished gathering of leading tanker operators and maritime professionals from around the world to exchange insights and best practices.
• INTERCARGO (International Association of Dry Cargo Shipowners)minorGTM or Marketing Partner · 21 October 2024Besiktas Shipping hosted an event uniting INTERCARGO with Turkish bulk carrier owners, contributing to industry unity and Turkish shipping's growing global presence (ranked 11th in world).
• ShellcoreStrategic or Co-development Partner · 24 November 2023Partner companies in Mediterranean region hosting Maritime Partners in Safety Workshop at Istanbul Bomonti Hilton Hotel. Workshops focused on causal reasoning awareness and collective brainstorming for sustainable shipping practices.
• Alba Tankers Sweden ABcoreStrategic or Co-development Partner · 17 June 2020Besiktas Shipping and Alba Tankers developed a close relationship over the years. The partnership agreement made Besiktas a shareholder in Alba Tankers Sweden AB to strengthen presence in the Baltic Sea and North Europe. This strategic move allowed direct relations with northern European oil companies beyond just being a tonnage provider.
• Yardimci Group / Servet YardimcicoreStrategic or Co-development Partner · 1 January 201950% partnership with Yardimci Group (led by Servet Yardimci) in Besiktas Shipyard in Yalova and Art Shipyard in Tuzla. Yardimci contributed 13 small chemical tankers and one boxship to the joint venture. Besiktas provides commercial and technical management of the ships.
• Duzgit ShipyardcoreStrategic or Co-development Partner50% partnership in Duzgit Shipyard in Yalova with brothers Recep and Metin Duzgit. The investment is part of Besiktas' ship-repair focus since 2009, with the yard to be rebranded and equipped with a floating panamax dock.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Vroon: Dutch family-owned shipping group with product tankers, chemical tankers, and offshore vessels, plus an established ship management arm. Vroon is directly comparable in its mix of owned tonnage and third-party management services.
• Thenamaris (M/T Management): Greek-based ship management company providing technical, crew, and commercial management to tanker and bulk owners globally. Thenamaris competes directly with Besiktas Ship Management for third-party management mandates from oil majors.
• Stena Bulk: Swedish family-owned tanker and bulk operator running a large product/chemical tanker fleet. Stena Bulk's mix of owned tonnage, third-party ship management, and partnership-based geographic expansion closely mirrors Besiktas's integrated model.
• Yasa Tankers: Turkish-based operator of product and chemical tankers serving major oil companies. Like Besiktas, Yasa co-hosted the 2025 ITOSF safety forum and operates a mid-size, oil-major-anchored tanker book with similar Mediterranean exposure.
• Alba Tankers: Sweden-based commercial manager of chemical carriers with strong Baltic Sea and North Europe presence. Alba is a JV partner of Besiktas, making it a directly comparable chemical-tanker management peer with overlapping customer relationships.
• Ditaş Tankers: Turkish-based tanker owner and operator focused on chemical and product tankers, with comparable fleet size and oil-major customer base. Ditaş co-hosted the 172nd ITOSF forum with Besiktas in 2025, underscoring close operational and cultural peer overlap.
• YMN Tanker Group: Turkish-based tanker owner-operator focused on product and chemical tankers. YMN co-hosted the 2025 ITOSF forum with Besiktas and competes for similar oil-major charter business in the Mediterranean and Black Sea.

Broad incumbents

• Frontline: Publicly listed global tanker leader (VLCCs, suezmax, Aframax/LR2, MR) backed by John Fredriksen. Frontline is a broader incumbent competing with Besiktas in the oil-major tanker charter market at much greater scale.
• Maersk Tankers: Global product tanker operator and ship management provider within the Maersk group. Maersk Tankers offers overlapping third-party management and tanker pool services, competing with Besiktas for oil-major and commodity-trader business.
• Scorpio Tankers: Public, large-scale global product and crude tanker owner-operator. Scorpio is a broader incumbent whose scale and listed capital base dwarf Besiktas, but it competes for the same product-tanker pool and oil-major charters.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/besiktasshipping
• LinkedInlinkedin.com/company/besiktas-shipping
• Instagraminstagram.com/besiktasshipping

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

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 Shipping