Turkon Holding

What Turkon Holding does

Turkon Holding A.Ş. is a privately held, family-controlled Turkish maritime conglomerate tracing its origins to the Kalkavan family's 1875 maritime activities, with operations institutionalized in 1954 and consolidated under the current holding structure in 2003. It operates through six wholly-owned subsidiaries across three business divisions: shipping and multimodal logistics (Turkon Konteyner/Turkon Line for container shipping, Turkon Lojistik for sea/air/road freight forwarding, Turkon Taşımacılık for domestic container transport with satellite-tracked fleet, and Turkon Demiryolu for rail-based intermodal transport across Turkey's seven regions); shipbuilding (Sedef Gemi İnşaatı, Turkey's largest private shipyard at 231,000 m² with 600,000 DWT annual capacity, 50,000-ton panel-line capacity and the country's largest dry dock at 180,000 DWT, having built 180+ vessels including container ships, chemical tankers, energy ships, Ro-Ro ferries, military platforms and floating docks); and ship management (Kaşif Gemi İşletmeciliği, providing provisioning, maintenance, ISM audits and crewing services).

The group's revenue model is B2B and transaction-fee based across all streams: freight charges for container shipping on America/Europe/Mediterranean/Black Sea routes, project-based shipbuilding contracts, and per-shipment logistics fees. Distribution is through 11 direct sales offices in 5 countries (Istanbul, Izmir, Mersin, Bursa, Ankara, USA, UK, Germany, Belgium) supported by 28 agencies and 44 agency offices across 23 countries on 4 continents, reaching 46 ports in 26 countries. Notable operational differentiators include scrubber systems on every Turkon Line vessel for IMO 2020 compliance (first Turkish company to do so), the world's first full-module SAP Container Shipping Line (CSL) implementation as part of Maritime 4.0, and inclusion in Turkey's Turquality Brand Support Program. The customer base spans Turkish importers/exporters (Gaziantep carpet manufacturers cited), industrial manufacturers, project-cargo shippers, energy operators (Karadeniz Holding for power ships), government (Turkish Navy for TCG Anadolu LHD, Üsküdar Municipality for passenger ferries), and international shipowners (Seaspan Ferries Corporation for hybrid Ro-Ro vessels). Headcount is approximately 2,000 employees across the group.

Name

Turkon Holding

Legal name

Turkon Grup Holding Anonim Şirketi

Website

https://turkonholding.com

Company type

Private

Founded year

1954

Operating status

Operating

Short description

Turkon Holding is a family-owned Turkish maritime conglomerate operating container shipping (Turkon Line), multimodal logistics (road, rail, sea, air), shipbuilding (Sedef Tersanesi, Turkey's largest private shipyard) and ship management services across 23 countries and 46 ports on four continents.

Ownership category

akta.pro rank

Headquarters

HQ city

Istanbul

HQ country

Türkiye

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Container Shipping Services: Turkon Line provides container shipping services on America, Europe, Mediterranean and Black Sea routes. Revenue is generated through freight charges for container transport including standard containers, CPC euro pallets, 40' high cube, flat rack, open top, hanging and reefer containers.
2. Shipbuilding: Sedef Tersanesi builds various types of ships including container ships, chemical tankers, energy ships, offshore vessels, and military ships (LHD). Also builds floating docks for export.
3. Logistics Services: Turkon Lojistik provides sea, air and land transportation services through wide agency network and international connections for import and export cargo.
4. Land Transportation: Turkon Tasimacilik provides domestic container transportation and project transportation using company-owned vehicles with satellite tracking systems.
5. Railway Transportation: Turkon Demiryolu provides intermodal logistics services using company-owned wagons and various railway equipment across 7 regions of Turkey.
6. Ship Management Services: Kasif Gemi Isletmeciligi provides ship management and support services including material supply, spare parts, victualing, maintenance and repair, ISM audits, survey and certification, and drydocking management.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Turkon Holding is a vertically integrated maritime and logistics conglomerate. Through its subsidiaries it provides container shipping services across America, Europe, Mediterranean and Black Sea routes (Turkon Line), commercial and naval shipbuilding and repair (Sedef Gemi İnşaatı), multimodal logistics via sea, land and rail (Turkon Lojistik, Turkon Taşımacılık, Turkon Demiryolu), and ship management and crewing services (Kaşif Gemi İşletmeciliği). The group sells these services B2B to importers, exporters, project cargo clients, shipowners and government/defense customers.

Product overview

Turkon Holding operates as a diversified maritime and logistics conglomerate with three core divisions: shipping/logistics, shipbuilding, and ship management. The core product is Turkon Line (container shipping service) serving America, Europe, Mediterranean, and Black Sea routes. Supporting logistics services include Turkon Lojistik (freight forwarding), Turkon Taşımacılık (road transport), and Turkon Demiryolu (rail transport). Shipbuilding operations are conducted through Sedef Gemi İnşaatı A.Ş (Sedef Shipyard), one of Turkey's largest private shipyards. Ship management services are provided by Kaşif Gemi İşletmeciliği A.Ş. The company also operates a talent development program called Future Team for long-term internships.

Differentiator

Problem solved

Functional benefit

Products and services

• Turkon Line Container Shipping

Quantifiable outcome

• Built over 180 ships at Sedef Tersanesi
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor, major, strategic and core.

• ID ShippingminorChannel Partner/ Reseller/ Distributor · 5 April 2020ABD'ye ihraç edilen yüzer havuz için ID Shipping acentelik hizmeti sağlamıştır.
• Seaspan Ferries Corporation (SFC)majorOthers · 9 April 2017Kanadalı Seaspan Ferries Corporation (SFC) için Sedef Tersanesi'nde iki adet hybrid Ro-Ro gemi inşa edildi. 9 Nisan 2017'de Vancouver'da tören düzenlendi. Gemiler, dümendeki ilk hybrid (akü+doğalgaz+dizel) örnekleri olup 148.9 metre boyunda ve 59 TIR taşıma kapasitesine sahiptir.
• Karadeniz HoldingmajorOthers · 1 January 2017Sedef Tersanesi, Karadeniz Holding için dünyanın en büyük enerji gemisi dahil olmak üzere çeşitli kapasitelerde enerji gemileri inşa etmektedir. 4 yeni enerji gemisi (Osman Khan 480 MW, Onur Sultan, Gökhan Bey 120 MW, Yasin Bey 120 MW) Sedef Tersanesi'nde üretilmiştir. Yerli katkı oranı %80'lerdedir.
• TCG Anadolu (Turkish Navy)strategicOthers · 1 January 2017Sedef Tersanesi, Türk Donanması için Havuzlu Çıkarma Gemisi (LPD) TCG Anadolu'yu inşa etmektedir. Türkiye'nin ilk milli uçak gemisi olan bu gemi, %68 yerlilik oranına sahiptir.
• GISASminorChannel Partner/ Reseller/ Distributor · 1 January 2017GISAŞ kılavuz kaptanı nezaretinde yüzer havuz operasyonu gerçekleştirilmiştir.
• Suzue CorporationminorStrategic or Co-development Partner · 1 January 2017Japon lojistik firması Suzue Corporation'dan 10 kişilik bir ekip, Grup şirketlerimizden Sedef Tersanesi ve Turkon Line'ı ziyaret etti.
• Arkas LinecoreStrategic or Co-development Partner · 12 August 2016Arkas Line ve Turkon Line, Türkiye-Mısır-Lübnan servislerini (TLS ve TEL) birleştirmeye karar verdi. Yeni servis 3 adet 2400-2800 TEU nominal kapasiteli gemi ile haftalık rotasyonda sağlanmaktadır. İki gemi Arkas, bir gemi Turkon tarafından nomine edilmektedir.

Scale indicators11 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Arkas Line: Turkey-based container shipping line operating trade-lanes between Turkey and the Mediterranean/Black Sea. Direct competitor and existing vessel-sharing partner of Turkon Line on the Turkey-Egypt-Lebanon services (TLS/TEL), making it the closest comparable in scale, geography, and customer base.
• Besiktas Shipyard (Besiktas Tersanesi): One of Turkey's leading private shipyards with capacity for new builds, repairs, and conversions. Direct competitor to Sedef Tersanesi in commercial and military shipbuilding within the Turkish shipyard cluster.

Broad incumbents

• A.P. Møller-Mærsk (Maersk): World's largest container shipping company with global liner services, terminal operations, and integrated logistics. Directly comparable to Turkon Line on the transatlantic Turkey-USA East Coast lane, though at vastly greater scale and breadth.
• MSC (Mediterranean Shipping Company): Global container shipping leader with strong Mediterranean and Black Sea presence, overlapping with Turkon Line's core routes. Operates at much larger scale across liner, logistics, and terminal segments.
• CMA CGM: French global container carrier and third-largest liner operator, with deep Mediterranean and North America presence overlapping Turkon Line's serving markets. Comparable in offering container freight plus integrated logistics.
• Hapag-Lloyd: German-headquartered global container liner serving Mediterranean, North America, and Europe lanes. Comparable in transatlantic/mid-sized liner operations, though at larger scale.
• Ocean Network Express (ONE): Global container shipping alliance (NYK, MOL, K Line) with broad intercontinental liner services. Compares to Turkon Line on transpacific and transatlantic routes, though at significantly larger scale.
• Evergreen Marine Corporation: Taiwanese global container shipping line operating Asia-Europe, transpacific, and intra-Asia services. Comparable in offering container freight and integrated logistics, though focused on Asia-centric trade lanes.
• Hyundai Heavy Industries: World's largest shipbuilder with capacity for commercial vessels, offshore, and naval ships. Comparable to Sedef Tersanesi in shipbuilding capabilities but at vastly larger scale and global reach.

Regional players

• YILPORT Holding: Turkish port operator and maritime logistics group owned by Yıldırım Group, operating container terminals across Turkey and globally. Comparable as a Turkish-headquartered maritime/logistics conglomerate with overlapping customer base among Turkish importers/exporters.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/turkonkariyer/?fref=ts

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries6 records

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 Turkon Holding