Seltas Shipyard

What Seltas Shipyard does

Seltas Shipyard is a small Turkish shipyard operation based in Altınova, Yalova — a coastal district on the Sea of Marmara that is one of Türkiye's established shipbuilding and ship-repair clusters. The firm has a workforce of 27 employees per the firmographics record, placing it firmly in the small-to-mid enterprise tier of the Turkish maritime industrial base, well below the scale of the country's largest yards (e.g., those operating in the Tuzla, Yalova, and İzmit regions with multi-hundred-person headcounts). No public stock ticker is listed, indicating Seltas is privately held.

The source data does not disclose the company's specific service lines, vessel types handled, client base, capacity, dock infrastructure, certifications (e.g., class society approvals such as Lloyd's, Bureau Veritas, RINA, or Turkish Lloyd), revenue model, pricing, ownership structure, founding date, or management team. The company's website (seltasshipyard.com) returned only a generic loading/verification page during data collection, and no products, partnerships, awards, patents, regulatory actions, M&A activity, leadership changes, or social media presence were captured. Consequently, the functional description of what Seltas builds or repairs — whether newbuild construction, conversion, refit, maintenance, or a mix — cannot be determined from the supplied evidence.

For an investment audience, this means the company profile is presently a shell: location, headcount, and sector are confirmed, but the underlying commercial model, customer concentration, technological depth, and financial trajectory are unverified. Any further diligence will require direct outreach to the company, access to Turkish trade registries (e.g., MERSIS / TOBB records), or third-party maritime databases to establish revenue, order book, and capability profile before investment relevance can be meaningfully assessed.

Name

Seltas Shipyard

Website

https://seltasshipyard.com

Company type

Private

Headcount range

11–50 employees

Short description

Seltas Shipyard is a small, privately held Turkish shipyard based in Altınova, Yalova, operating with a 27-person workforce within Türkiye's established shipbuilding cluster on the Sea of Marmara.

Ownership category

akta.pro rank

Product category

Shipbuilding and Vessel Construction

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro industry

PRIMARYIMAJALAG

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

Industrials, Manufacturing & Construction/Marine & Shipbuilding/Shipyards & Drydock Infrastructure (Facilities, Lifting, Docking Systems)

SECONDARYTLAKAKAA

Commercial Ship Repair & Drydocking

Transportation & Logistics/Vehicle & Equipment Maintenance, Repair & Services (MRO)/Marine Vessel Maintenance & Repair (Shipyards)

SECONDARYTLAKAKAE

Hull, Structure & Steelwork Repair

Transportation & Logistics/Vehicle & Equipment Maintenance, Repair & Services (MRO)/Marine Vessel Maintenance & Repair (Shipyards)

SECONDARYTLAKAKAF

Mechanical Systems Repair (Engines, Propulsion, Pumps)

Transportation & Logistics/Vehicle & Equipment Maintenance, Repair & Services (MRO)/Marine Vessel Maintenance & Repair (Shipyards)

SECONDARYIMAJAKAF

Outfitting Modules & Skids (Accommodation, Machinery, E-House, Pipe Racks)

Industrials, Manufacturing & Construction/Marine & Shipbuilding/Shipbuilding Materials & Components (Steel, Aluminum, Composites, Prefab Modules)

Keywords

• Shipbuilding services
• Vessel construction
• Ship repair
• Marine fabrication
• Boat building

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Core offering

Seltas Shipyard operates a shipbuilding and vessel construction facility located in Altınova, Yalova, Türkiye. Based on the firmographic profile (27 employees, shipyard facility in a known Turkish maritime cluster), the company appears to provide shipbuilding, vessel construction, and related marine fabrication services. Specific product and service details could not be verified because the company's website returned only a loading/verification page during data collection.

Product overview

No product information available.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Med Marine: Turkish ship repair, maintenance, and conversion yard operating in the Marmara region, offering shipbuilding and afloat repair services. Direct competitor for repair and refit contracts in the same Turkish maritime cluster.
• Ada Shipyard (Altınova): Small-to-mid Turkish shipyard also based in Altınova, Yalova, providing newbuild, repair, and conversion services for commercial and offshore vessels. Closest geographic and scale peer to Seltas.

Broad incumbents

• RMK Marine: One of Turkey's largest shipyards, building naval and commercial vessels in Tuzla, Istanbul. Represents the larger-scale end of the Turkish shipbuilding market against which Seltas would compete.
• Navantia: Large Spanish state-owned shipbuilder active in commercial and naval newbuild, repair, and offshore. Represents a major international competitor that Turkish yards like Seltas contend with for export work.
• DESAN Shipyard: Established Turkish shipbuilder with multiple yards (including Tuzla) building newbuild vessels for Turkish and international clients. Larger incumbent competing for similar commercial and naval contracts.
• Sanmar Shipyard: Major Turkish builder of tugboats and offshore support vessels based in Tuzla. Comparable as a Turkish commercial shipbuilder, though at a much larger scale than Seltas.
• Beşiktaş Shipyard: Long-established Turkish shipyard in the Marmara region building commercial and naval vessels. A scaled incumbent that competes for the same Turkish and regional maritime contracts.
• Dearsan Shipyard: Turkish shipbuilder producing offshore support vessels, tugs, and naval platforms. A broader incumbent in the same Turkish shipbuilding ecosystem.

Emerging players

• Çeliktrans Shipyard: Turkish small-to-mid shipyard with capabilities in vessel construction and repair. Comparable as an emerging Turkish yard pursuing similar commercial and repair opportunities.

Regional players

• Yalova Tersanesi (Yalova Shipyard): Shipyard operating in the Yalova/Altınova area providing shipbuilding and repair services. A regional peer operating in the same geographic cluster.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/seltas-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 Seltas Shipyard