What Çeksan Shipyard does

Çeksan Shipyard (legal name: Çeksan Gemi İnşa Çelik Yapı Sanayi ve Ticaret A.Ş.) is a privately held, family-owned Turkish shipyard founded in 1960 by Habip Bayrak and currently operated under third-generation Bayrak family management. The company is headquartered at a 17,000 m² integrated facility in the Tuzla Shipyards Area of Istanbul, where it operates two business lines: newbuilding of vessels up to 25,000 DWT and ship repair, maintenance, and conversion services up to 15,000 DWT. Annual steel processing capacity stands at 7,500 tons, supported by a 132m x 26.3m slipway, a 139.5m x 21.5m floating dock with 5,000-ton lifting capacity, a 122m pier, and approximately 2,000 m² of indoor production space fitted with CNC plasma cutting and automated welding systems.

The newbuilding portfolio focuses on specialist, small-to-mid-DWT niche segments including IMO II chemical tankers (stainless steel and Marineline-coated, 6,400-8,100 DWT, with methanol-prepared and Cold Ironing-ready variants), well boats/live fish carriers for Norwegian aquaculture operators, double-ended ferries, research vessels, product tankers, dry cargo vessels, harbor and oceangoing tugs, fast pilot boats, mooring boats, feed barges, and fishing trawlers. Engineering is anchored on CFD-optimized hull design (via partnership with NORDEN Ship Design House), achieving documented 6% hull resistance and 25% propulsion efficiency gains versus comparable vessels. Dual-class certification through IACS members Bureau Veritas and Türk Loydu, CleanShip notation, ISO 9001 (since 2003), ISO 14001 (since 2010), and ISO 45001 underpin eligibility for international shipowners and government clients.

Çeksan runs a project-based, quote-driven revenue model with one-time newbuilding contracts supplemented by recurring repair and conversion service revenue (50+ vessels serviced annually). Go-to-market is exclusively direct B2B to shipowners, conducted via dedicated inquiry channels (new building, docking/repair, accounting) and reinforced through participation in international exhibitions such as Posidonia 2026. Its customer base spans European private owners (Unibaltic, Aas Mek, YMN Tanker, Platin Denizcilik, Mercan Group) and Turkish public-sector maritime entities (TCDD, TÜBİTAK, Botaş, İzmir Metropolitan Municipality, Istanbul Sea Buses and Fast Ferries Inc., Republic of Turkey Ministry of Transport). Over 85 vessel projects have been delivered since inception, with a claimed 100% on-time delivery record on newbuildings.

Name

Çeksan Shipyard

Legal name

Çeksan Gemi İnşa Çelik Yapı Sanayi ve Ticaret A.Ş.

Website

https://ceksan.com.tr

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

251–500 employees

Short description

Çeksan Shipyard is a Turkish, family-owned shipyard in Tuzla, Istanbul, founded in 1960, specializing in newbuilding (up to 25,000 DWT) and repair/conversion (up to 15,000 DWT) of chemical tankers, well boats, ferries, tugs, and research vessels for international shipowners and Turkish government clients.

Ownership category

akta.pro rank

Product category

Commercial Shipbuilding and Ship Repair

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Yard Layout & Production Facilities (Assembly Bays, Block Fabrication Shops, Warehouses) (IMAJALAG)

akta.pro secondary industries

Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA), Naval & Government Vessel Maintenance & Modernization (TLAKAKAB), Mechanical Systems Repair (Engines, Propulsion, Pumps) (TLAKAKAF), Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD)

Keywords

• Shipbuilding services
• Vessel repair services
• Chemical tanker construction
• Ship conversion services
• Marine vessel manufacturing

Headquarters

HQ city

Tuzla

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. New Ship Construction: Project-based revenue from constructing new vessels up to 25,000 DWT, including IMO II Chemical Tankers, Live Fish Carriers, Ferries, Tugs, and specialized marine vessels. Turn-key projects with on-time delivery guarantees.
2. Ship Repair and Maintenance: Docking, repair, and conversion services for vessels up to 15,000 DWT. Services include machinery overhauling, surface preparation, steel and piping works, and general repair operations.
3. Ship Conversion and Modernization: Modernization projects such as the rail road ferry modernization for Turkish State Railways, converting older vessels to modern operational standards.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Çeksan Shipyard is a Turkish shipbuilding and repair facility that constructs new vessels up to 25,000 DWT and provides docking, repair, and conversion services up to 15,000 DWT. The shipyard builds IMO II Chemical Tankers, Well Boats/Live Fish Carriers, double-ended ferries, research vessels, product tankers, dry cargo vessels, tugs, and specialized vessels, while servicing 50+ vessels annually through its floating dock and integrated workshops.

Product overview

Çeksan Shipyard operates as a shipbuilding and repair facility with two primary service lines: New Building (constructing vessels up to 25,000 DWT) and Ship Services (repair, maintenance, and conversion up to 15,000 DWT). The new building portfolio includes IMO II Chemical Tankers (stainless steel and Marineline-coated), Well Boats/Live Fish Carriers (for Norwegian aquaculture), Double-ended Ferries, Research Vessels, Product Tankers, Dry Cargo vessels, Tugs, Fast Pilot Boats, Mooring Boats, Feed Barges, Floating Piers/Pontoons, and Fishing Trawlers. The shipyard's annual steel processing capacity is 7,500 tons with infrastructure including a slipway (132m x 26.3m), 2,000 m² indoor workshops, floating dock (139.5m x 21.5m, 5,000-ton capacity), and 122m pier. Advanced engineering capabilities include CFD analyses for hull optimization and dual class certification with IACS member societies. The company has delivered over 85 vessel projects since 1960.

Differentiator

Problem solved

Functional benefit

Products and services

• IMO II Chemical Tankers Stainless steel and Marineline-coated chemical tankers meeting IMO II standards, ranging from 6,400 to 8,100 DWT, designed for global shipowners transporting chemical cargoes.
• Well Boats (Live Fish Carriers) Specialized vessels for transporting live fish, built for Norwegian aquaculture operators, with separated cargo holds that maintain fish in live and stress-free conditions, capacities from 2,070t to 3,770 DWT.
• Double-ended Ferries Environmentally friendly double-ended ferries with bridges and engines/propellers on both ends, with accessibility accommodations and 30% improved fuel efficiency, deployed for municipal maritime transport.
• Research Vessels Specialized research vessels designed for marine ecosystem observation, undersea surveillance, fault line monitoring, and oil exploration activities, including Turkey's first nationally built research ship TÜBİTAK Marmara.
• New Building Services Turn-key vessel construction projects up to 25,000 DWT with annual steel processing capacity of 7,500 tons, using CFD analyses for hull optimization, a slipway (132m x 26.3m), and 2,000 m² indoor production areas with CNC plasma cutting and automated welding systems.
• Ship Repair & Conversion Services Maintenance, repair, and conversion operations for 50+ vessels annually up to 15,000 DWT, utilizing a floating dock (139.5m x 21.5m, 5,000-ton lifting capacity), 122m pier, and integrated workshops, including machinery overhauling, surface preparation, steel/piping works, and insulation.
• Tugs Harbor and oceangoing tug vessels with barrier pulling force capabilities, including KAPTAN SÜREYYA GÜLER with 55T barrier pulling force.
• Product Tankers Refined product carriers for transporting processed petroleum and chemical products, with capacities ranging from 3,700 to 8,000 DWT.
• Fast Pilot Boats High-speed vessels for pilot transportation to and from incoming ships, including JUBAIL 9 with 16.29 GRT capacity.

Quantifiable outcome

• 65+ years of maritime experience and 85+ vessel projects delivered
• +5 more outcomes

Named customers11 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

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• NORDEN Ship Design HousecoreStrategic or Co-development PartnerCollaboration with NORDEN Ship Design House for hydrodynamic hull design. The award-winning efficient hull design for M/T AMONITH was developed and further improved with additional CFD analyses, reducing hull resistance by 6%. Turkish-based design activities complement the partnership.
• Bureau VeritascoreTechnology or IntegrationClassification society partner providing dual class certification for vessels. Bureau Veritas, an IACS member, supervises vessel construction and ensures compliance with international maritime standards.
• Türk LoyducoreTechnology or IntegrationTurkish classification society partner providing dual class certification alongside Bureau Veritas. Both are IACS members ensuring vessels meet international maritime regulations.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sefine Shipyard: Sefine is a Turkish shipyard in Yalova building offshore vessels, passenger ferries, and specialized commercial ships. Similar size and capability profile to Çeksan with overlapping customer segments in European and government markets.
• Sedef Shipyard: Sedef is a Turkish shipyard in Tuzla building commercial vessels, ferries, and naval ships. Geographic proximity in the Tuzla shipyard zone and overlapping commercial vessel portfolio make it a direct comparable to Çeksan.
• Vard: Vard (owned by Fincantieri) operates Norwegian and Romanian shipyards building offshore service vessels, specialized commercial ships, and aquaculture vessels including well boats. Direct overlap with Çeksan in the Norwegian aquaculture vessel segment and broader offshore vessel categories.
• Havyard Group: Havyard is a Norwegian shipbuilder and ship designer building offshore service vessels, well boats for the aquaculture industry, and specialized commercial ships. Highly comparable to Çeksan in the Norwegian well boat segment and broader offshore vessel categories.
• Ulstein Verft: Ulstein Verft is a Norwegian shipyard building offshore vessels, specialized commercial ships, and service vessels with a focus on design-driven, high-specification vessels. Comparable to Çeksan in target customer base (Norwegian/European owners) and vessel complexity, though operating at the higher end of the offshore segment.
• Cemre Shipyard: Cemre is a Turkish shipyard located in Yalova, building offshore support vessels, chemical tankers, and specialized commercial vessels with similar DWT capacity ranges. Competes with Çeksan for European shipowner orders across similar vessel categories.
• Tersan Shipyard: Tersan is a major Turkish shipyard based in Yalova, building offshore vessels, well boats for Norwegian aquaculture, and specialized commercial vessels. Highly comparable to Çeksan in size, vessel portfolio, and target customer base, including direct overlap in the Norwegian well boat segment.
• Besiktas Shipyard: Besiktas Shipyard is a Turkish commercial shipbuilder building chemical tankers, cargo vessels, and specialized ships. Closely comparable in size, facility footprint, and target vessel segments, competing directly with Çeksan for domestic and international orders.

Broad incumbents

• Damen Shipyards: Damen is a major Dutch global shipbuilding group operating dozens of yards worldwide, building tugs, ferries, offshore vessels, and specialized ships. Overlaps with Çeksan across multiple vessel categories but at significantly larger scale and broader geographic reach.

Regional players

• Colombo Dockyard: Colombo Dockyard is a Sri Lankan shipyard building chemical tankers, offshore vessels, and ship repair services, primarily serving South Asian and European customers. Comparable in scale and vessel portfolio to Çeksan, but geographically focused on the Indian Ocean and South Asian markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ceksanshipyard
• Facebookfacebook.com/ceksanshipyardinc
• LinkedInlinkedin.com/company/ceksan-shipyard

Compliance6 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 Çeksan Shipyard