Ada Shipyard

What Ada Shipyard does

Ada Shipyard (legally Ada Denizcilik ve Tersane İşletmeciliği A.Ş.) is a privately held Turkish shipbuilder and ship repair operator, founded in 2002 and headquartered in Tuzla, Istanbul — Turkey's primary maritime construction cluster. The company operates two production locations in the Tuzla district: a 70,000 m² main yard at Evliya Çelebi Mahallesi, Rauf Orbay Caddesi, and a secondary manufacturing facility in İçmeler, comprising 14 separate production units. Core offerings split between new vessel construction and ship repair/maintenance. The newbuild portfolio covers passenger and double-ended ferries, fish feed vessels (including LNG-fuelled), platform supply vessels, trailing suction hopper dredgers, wind farm operation and maintenance support vessels, and product tankers, with classification handled primarily by DNV and Türk Loydu.

Revenue mechanics are based on custom, project-based quoting for high-value vessel contracts with multi-year execution cycles. Pricing is not publicly disclosed; each vessel is quoted individually based on specifications and requirements. The go-to-market is direct enterprise sales targeting maritime operators — ferry companies, offshore oil & gas and renewable energy operators, dredging contractors, and aquaculture firms — with project showcases and ISO certifications (9001, 14001, 45001, 27001) as trust signals. Approximately 100+ employees support operations (with firmographic headcount listed in the 251-500 band), serving 500+ customers across more than 20 countries, with a documented concentration in Scandinavian (Norwegian) operators and project flagships including ferries HERSUND, HASVIK, BERGSFJORD, HORNELEN, and dredgers NB 118/119 IHC HOPPER. Revenue is not disclosed publicly; no parent company, funding rounds, or institutional investors are noted in available data.

Name

Ada Shipyard

Legal name

Ada Denizcilik ve Tersane İşletmeciliği A.Ş.

Website

https://ada-shipyard.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Short description

Ada Shipyard is a privately held Turkish shipbuilder founded in 2002, headquartered in Tuzla, Istanbul, designing and constructing custom ferries, dredgers, fish-feed vessels, and offshore support ships for enterprise maritime operators, primarily in Scandinavia, alongside ship repair services.

Ownership category

akta.pro rank

Product category

Shipbuilding and Ship Repair

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Landing Craft & Amphibious Workboats (LCM/LCT-style, Beaching Craft) (IMAJADAK)

akta.pro secondary industries

Barge & Coastal Freighter Shipbuilding (IMAJAAAK), Mechanical Systems Repair (Engines, Propulsion, Pumps) (TLAKAKAF), Hull, Structure & Steelwork Repair (TLAKAKAE), Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH)

Keywords

• Shipbuilding services
• Ship repair
• Vessel construction
• Maritime services
• Ferry construction

Headquarters

HQ city

Tuzla

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. New Ship Construction: Design and construction of custom vessels including ferries, supply vessels, dredgers, and product tankers for international customers
2. Ship Repair and Maintenance: Repair and maintenance services including piping, valve, steel outfitting, mechanical repair, blasting, painting, and docking services

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ada Shipyard designs and constructs new vessels including passenger ferries, car ferries, fish feed vessels, platform supply vessels, wind farm support vessels, trailing suction hopper dredgers, and product tankers. It also provides ship repair and maintenance services including piping and valve work, steel outfitting, mechanical repair, blasting, painting, and docking services.

Product overview

Ada Shipyard (Ada Denizcilik ve Tersane Isletmeciligi A.S.) is a shipbuilding and repair company founded in 2002, offering a comprehensive portfolio of maritime services. The core offerings consist of new shipbuilding construction and ship repair and maintenance services. The shipbuilding portfolio includes multiple vessel types: passenger ferries (NB 105 HERSUND, NB 113 HASVIK, NB 114 BERGSFJORD, NBL 116 Hornelen), double-ended ferries, fish feed vessels (NB 110 WITH HARVEST, NB 111 WITH MARINE), platform supply vessels (NB 112 VESTLAND CYGNUS), wind farm support vessels (NB 109 SIEM MOXIE), trailing suction hopper dredgers (NB 118 IHC HOPPER, NB 119 IHC HOPPER), and product tankers (A-575, A 574). The repair and maintenance division provides piping and valve work, steel and outfitting, mechanical repair, blasting and painting, and docking services. The company operates 14 facilities totaling 70,000 square meters with a team of over 100 employees serving customers across more than 20 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Shipbuilding

Quantifiable outcome

• 500+ satisfied customers across 20+ countries
• +2 more outcomes

Named customers4 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

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Sefine Shipyard: Turkish shipyard in Yalova building offshore support vessels, fishing vessels, and specialized ships for international owners. Comparable to Ada as another mid-sized Turkish yard pursuing offshore and small-craft export contracts.
• Cemre Shipyard: Turkish shipyard based in Yalova building offshore supply vessels, fish farm vessels, tugs, and small commercial ships for European customers. Directly comparable to Ada as a mid-sized Turkish yard targeting Scandinavian and Western European newbuild markets with similar vessel mix.
• Ulstein Verft: Norwegian shipyard building offshore vessels, expedition cruise ships, and specialized ships. Comparable to Ada as a builder of offshore and specialized vessels for the same Northern European customer base, though operating at higher cost.
• Tersan Shipyard: Major Turkish shipyard in Yalova building offshore vessels, fishing vessels, and specialized ships for international clients. Comparable to Ada as a competing Turkish builder serving the same offshore, fishing, and small-craft export markets with multi-vessel production capability.
• Fiskerstrand Verft: Norwegian ferry and small-craft specialist building car-passenger ferries for Norwegian operators. Directly comparable to Ada as a competitor for the same Norwegian ferry newbuild market Ada serves.
• Havyard Group: Norwegian shipbuilder specializing in offshore service vessels, fishing vessels, and passenger vessels for European customers. Directly comparable to Ada in vessel type and target customer segments (Norwegian ferry and offshore operators).
• Besiktas Shipyard: Istanbul-based Turkish shipyard building cargo ships, offshore vessels, and small commercial craft. A directly comparable Tuzla-region peer competing for similar vessel types and European export orders.
• Myklebust Verft: Norwegian shipyard building offshore vessels and specialized ships for European owners. Comparable to Ada as another small-to-mid Norwegian competitor targeting offshore and specialized vessel contracts.

Broad incumbents

• VARD: Major Norwegian/Italian shipyard group (part of Fincantieri) building offshore vessels, ferries, cruise ships, and specialized ships at much greater scale. A broad incumbent competing for some of Ada's offshore and ferry tenders.
• Damen Shipyards: Large Dutch global shipbuilding group building workboats, tugs, ferries, offshore vessels, and naval ships through a network of yards. A broad incumbent whose product portfolio overlaps much of Ada's, including ferries, offshore vessels, and dredger support craft.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/adashipyard

Compliance4 records

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 Ada Shipyard