• 2021 November 12 15:35

    Turkish maritime industry raised its competitive edge with record-breaking growth

    The Turkish maritime industry turned crisis into opportunity in the aftermath of the pandemic and added 110 ships of different tonnages and types into its fleet. This is the highest growth rate since 2013 in the Turkish maritime industry. The industry is now prepared to meet at the 16th Exposhipping Expomaritt Istanbul to be held at Viaport Marina Tuzla between November 30 and December 03, 2021.  Stating that the industry’s goal is to raise the current level of the Turkish-owned fleet (30 million DWT) to a level of 50 million DWT, Tamer Kıran, the Chairman of the Board of Directors of Turkish Chamber of Shipping said: “Given the participation of national and international attendees I believe that Exposhipping Expomaritt Istanbul organized on behalf of our Chamber will turn Istanbul into a major hub of the maritime industry and will contribute to our achieving the goal of growth.”

    Around 85% of the volume of global loads are currently transported by sea. The recent record rise in the freight has led to an increase of profitability in shipping market, and the Turkish shipowners have made record breaking investments in highest the sector as Turkey had a freight advantage over the Far East in the trade with the countries of the European Union. This helped the Turkish-owned merchant marine fleet to raise its capacity by 2.5 million DWT in 9 years this year, in other words a capacity increase of 8.6%. This is the growth rate since 2013 in the Turkish marine fleet particularly with the help of the addition of 110 ships of different tonnage and types, to the fleet. The growth rate of the Turkish-owned merchant marine fleet is expected to nearly triple the global marine fleet which is estimated to grow by around 3.2 per cent this year according to the international reports.           

    Noting that the rules of the game have changed in the global shipping sector and countries like Turkey that want to receive a larger share from the sea act with the motto of ‘full speed ahead’ Tamer Kıran, the Chairman of the Board of Directors of Turkish Chamber of Shipping said: “The global fleet is expected to increase by 3.05 per cent on the basis of DWT in 2021 and reach 2 billion 130 million DWT; and increase by 2.5 per cent on the basis of TEU and reach 25 million 910 thousand TEU.   As the Turkish maritime industry, we have the wind at our back. Our goal is to raise the current level of the Turkish-owned fleet (30 million DWT) to 50 million DWT. We believe that reaching these values should be amongst our national targets and we address this goal at all fora. With its global and regional location, Turkey is making major headways in the maritime sector every single day, not only in respect of shipping, but also in respect of such areas as shipyards, ship and yacht building industry and port services. In this vein, Turkey features as a hub.   Exhibitions play an utmost importance in respect of the development of trade and maritime sector in the post-pandemic era.”

    Reminding that the maritime industry will convene at Exposhipping Expomaritt Istanbul, the 16th of which will be held at Viaport Marina Tuzla between November 30 and December 3, Tamer Kıran, the  Chairman of the Board of Directors of Turkish Chamber of Shipping said: “I believe that given the participation of national and international attendees, this exhibition will turn Istanbul into a major hub of the maritime industry. The national and international ship and yacht building, supply industry, maintenance, repair and ship recycling, mechanical and auxiliary equipment, logistics, port operation, ship outfitting, and defense industry firms will have the opportunity to promote their cutting-edge technology products and come together with numerous exhibitors at Exposhipping Expomaritt Istanbul. Both the transformation in global supply chain after COVID-19, and the steps taken within the scope of the green deal and climate change bring along major opportunities as well as threats. With the Green Deal and the sustainable and smart transportation strategy, the European Union set many detailed goals for reducing green gas emissions by 90% in transportation by 2050 and also determined the interim period goal of developing releasing  to market the zero-carbon emission ships by 2030. It is undoubtedly the maritime industry that will be mostly affected by these changes.  To sum up, we have a challenging process ahead. This is because the machinery that will help us achieve these goals have not yet been invented, and it is not possible to achieve these goals only with the fossil fuel-powered machinery.”  

    Exposhipping  Expomaritt Istanbul 16th International Maritime Exhibition & Conference will be held by Informa Markets on behalf of the Turkish Chamber of Shipping at VIAPORT Marine Tuzla between November 30 and December 03.  Providing information regarding the latest preparations for the exhibition Esin Aslıhan Göksel, Exposhipping Expomaritt Istanbul Exhibition Director “The Turkish maritime industry is leaping forward and undergoing a major transformation. Exposhipping Expomaritt Istanbul has a crucial mission to accelerate this transformation and ensure that the sectorial representatives meet the international maritime industry brands. Exposhipping Expomaritt Istanbul held every two years serves as a major trading and marketing platform in the region. This exhibition helps the global maritime industry meet the Turkish Ship Building and Supply Industry for 16 years. This year over we will be hosting over 200+ exhibitors and 700 brands from over 35+ countries. Exhibitors are mostly coming from Germany, the UK, Denmark, Norway, the Netherlands, the EU, China, South Korea, Italy, and Spain. With its high-quality workforce and production capacity meeting the European Standards and quality, the Turkish Shipbuilding Industry has the capacity to compete with the leading countries in maritime industry, particularly in new ship building, ship maintenance-repair and defense industry projects.”    

    Exposhipping  Expomaritt Istanbul 16th International Maritime Exhibition & Conference to be held at VIAPORT Marine Tuzla between November 30 and December 03, 2021 will host the events that will broaden the horizon of the industry. The Network Meeting of the Shipowners will bring together the Turkish shipowners who recently raised their capacity worldwide, with their international colleagues and will provide them with the opportunity of exchange of information and engaging in new collaboration. We will also organize site visits for the international delegations to see the capacity and supremacy of the Turkish shipyards. The conference program Marine Talks where the sector leaders will discuss the Turkish and international maritime industry and events like Exhibitor Seminars where the exhibitors will promote new technology and brands will bring along the latest developments in the maritime industry. The international Procurement Delegation that will visit the Exhibition under the coordination of the Ministry of Trade of the Republic of Turkey and under the organization of the Turkish Ship, Yacht & Marine Services Exporters Association will offer new market opportunities to the exhibitors. The latest technological developments in the industry will be exhibited at the Innovation Pavilion in the exhibition space.  

    Both the exhibitors and visitors will be entering the Exposhipping Expomaritt Istanbul Exhibition by showing their HES Codes and wearing their masks. A healthy and safe exhibition environment will be ensured by implementing the AllSecure Standards developed by the world’s largest organization company Informa Markets that cover ‘Cleanliness and Hygiene’, ‘Physical Distance’, and ‘Protect and Track’

    Murat Kıran, the Chairman of the Board of Directors of the Turkish Shipbuilders’ Association (GİSBİR) said: “I consider exhibitions like Exposhipping Expomaritt Istanbul as a great opportunity to raising the number of people interested in shipbuilding industry and gathering the sea lovers and producers. I believe this Exhibition contributed a lot to our economy and industry and therefore the branding of the Exposhipping Expomaritt Istanbul is our greatest expectation just like other similar examples across the world. By directly employing minimum 40 thousand and indirectly 200 thousand people, the Turkish Shipbuilding Industry, having an annual building capacity of 4,65 million tones, achieved and continues to achieve the ‘mosts’ and ‘firsts’ like the biggest live fish carriers, first LNG-powered towboat, the first hybrid ferry, the first ever accumulator and LNG-powered fishing boat of the world, the first energy conversion ships, and the biggest sailing yachts. Turkey is one of the few countries in the world that builds its military ships. Turkey ranks amongst the three top countries in respect of yacht building. I know that there are Turkish yacht manufacturers that have become global brands and I am proud of that.” 

    Murat Kıran, the Chairman of the Turkish Shipbuilders’ Association also added the following: “Thank God unlike the sectors affected by pandemic, we experienced no major problems in the yacht industry and particularly shipbuilding. I can even say that our sector is one of those few sectors that turned this crisis into opportunity. Ferries, energy ships, towboats, offshore vessels, fishing boats, chemical tankers, cargo carriers, and other merchant ships built inside of Turkey and the maintenance and repair services of these ships have helped us to raise our annual export volume to around 2 billion Dollars. The industry works resolutely to bring the export volumes to a higher level.”      

    Turkish Ship, Yacht & Marine Services Exporters Association which is among the main sponsors of Exposhipping Expomaritt Istanbul increased its exports in October by 399% compared with the exports volume of the previous year and performed an exportation of around 208 million 205 thousand dollars.  The industry’s share within the total exports of Turkey is 1.1 per cent. Speaking about the exports figures of the industry Cem Seven, the Chairman of the Turkish Ship, Yacht & Marine Services Exporters Association  said:”Turkish Ship, Yacht & Marine Services Exporters Association feels the justified pride of being among the industries in Turkey that increased Turkey’s export volumes at the highest level. Our success may mostly be attributed to our export activities that includes high-technology and innovative elements.”      Ship exports made the greatest contribution to the industry in October with a volume of 147 million 224 thousand 933 dollars which was followed by the ferry exports of 23 million 197 thousand 261 dollars. The Russian Federation is the country to which the ship, yacht, and services industry performed the highest exports in October. Seven, the Chairman of the Turkish Ship, Yacht & Marine Services Exporters Association added: “In terms of our exports, Russia is followed by Norway with a volume of 74 million 770 thousand dollars, Malta with a volume of 17 million dollars, Marshall Islands with a volume of 4 million 767 thousand dollars, and the U.S. with an export volume of 1 million 618 thousand dollars.”   

    Underlining the fact that the ship and yacht industry exhibitions in Turkey bear great importance in respect of gathering the national and international industrial stakeholders, Seven said: “As the Turkish Ship, Yacht & Marine Services Exporters Association, we are assuming the responsibility of Turkey’s representation at sectorial exhibitions held abroad, and we are also providing support to ensure that the sectorial exhibitions held in Turkey contribute to the international promotion of our country and of  the ship and yacht building industries. In this respect, I hope that as a leading international sectorial organization, the Exposhipping Istanbul Exhibition will continue to provide positive inputs to our industry, and I therefore hope all the best for this year’s (2021) organization.” 

    Referring to the long-lasting contributions of the Turkish Shipowners Association to the industry, and reminding that the Association is amongst the major supporters of Exposhipping Expomaritt Istanbul Exhibition Cihan Ergenç, the Chairman of the Turkish Shipowners Association said:  “This year’s exhibition gains further importance as several products and solutions that fulfill the major imminent IMO regulations will be exhibited at this event. We are particularly encouraging the shipowners to join this exhibition as events like Shipowners Network Meeting offers major solutions and gives the opportunity to have a mutual talk regarding these solutions.  Therefore, I would reemphasize the importance of this exhibition and hope that this exhibition will contribute a great deal to our industry.”    

    Expressing the fact that the Association has set ambitious goals in shipping, Ergenç, added the following: “The global size of the shipping industry is around 500 billion dollars. Turkey receives around 2 per cent out of this global value. Presumably, our industry is creating a value of 28 billion USD (together with the multiplying effect), 9 billion USD of which a direct, and 15 billion USD of which is an indirect contribution. Besides, we are providing job opportunities to directly 20 thousand and to indirectly to 250 thousand people. With its 200 members, the Turkish Shipowners Association holds around 50 per cent of the shipping industry in terms of tonnage and continues to work for rising this share as an umbrella organization.” Ergenç also said: “While 88% of the loads are carried by sea in the world, 70 % of the export loads and 95% of the import loads are carried by sea in Turkey. In terms of value, we are carrying 60% of our exported and imported products by sea. Given the fact that Turkey’s trade volume is around 400 billion USD, a commodity level of 240 billion USD is transferred by sea. This is a very important value. All these figures show how important maritime transportation for Turkey is.  We have the 15th biggest fleet in the world in terms of capacity. We think that the capacity will be raised by 8-10 per cent in the upcoming years. Our fleet values 10 billion USD by 2020. Another important rise is in the number of the seamen. Turkey accounts for 8.5 per cent of the seamen in the world.

    Paying attention to the fact that the exhibitions actively engaged in global trade largely contribute to national and international economies and serve as a major global communication and information network,  Zeynep Pınar Kalkavan Sesel –Chairwoman of Coaster Shipowners and Operators Association said: “The 16th Exposhipping Expomaritt Istanbul International Maritime Industry Exhibition and Conference that assumed a valuable role by gathering the entire actors of the maritime industry will continue to be a major meeting point of Turkish and international maritime industry representations with the help of the opportunities it offers to exhibitors and visitors in all periods including this year. I therefore hope that Exposhipping Expomaritt Istanbul International Maritime Industry Exhibition and Conference whose excitement will also be shared by Coaster Shipowners and Operators Association will lead to auspicious results, and will provide luck and blessings to Turkey and the Turkish maritime industry.”      

    About Informa Markets

    Informa Markets creates platforms for industries and specialist markets to trade, innovate, and grow. We provide opportunities to the entire global market participants to engage, experience and do business via one-to-one participant exhibitions, targeted digital services, and actionable data solutions. We bring together buyers and vendors from over a dozen global industries including the Food, Medical, technology, and Infrastructure industries. As a leading market creating firm in the world, we implement various specialized markets, offer new opportunities, and contribute to the developments of these markets 365 days a year.  For further information: www.informamarkets.com

    About Informa AllSecure:

    Informa has collaborated with association partners including UFI, AEO and SISO, peers, venues, suppliers, and relevant authorities to develop industry-wide All Secure best practice guidelines that raise the bar on safe, hygienic, productive, and high-quality organised event experiences. Informa AllSecure is how these guidelines are being adopted in our business. All Informa events will be run according to official government and local authority guidance in the first instance, as well as any venue or location-specific regulations. In addition, all Informa events around the World will follow the ten Informa AllSecure priority commitments below. Wherever applicable and possible, our events will also apply the fuller range of standards and guidelines described in the “Informa AllSecure guidebook.”


2024 May 20

18:00 ADNOC secures equity position and LNG offtake agreement in NextDecades Rio Grande LNG Project
17:31 EDGE Group and Fincantieri formalise MAESTRAL shipbuilding JV and announce 400 mln euro order for 10 naval vessels
17:02 Genevos awarded European Commission funding for hydrogen fishing vessel demonstrator in ‘H2-SEAS’ consortium
16:43 MAI to invest in ship investment fund managed by Navigare Capital Partners
16:29 Three year collaboration between EMEC and FloWave offers wave and tidal energy developers ‘try-before-you-buy’ site simulation capability
15:58 IndustriAll Europe and SEA Europe agree on joint priorities ahead of the 2024 EU elections
14:51 Fincantieri shipyard launches Logistic Support Ship ‘Atlante’ for the Italian Navy's fleet
13:24 MOL Cruises announces the six inaugural cruises of MITSUI OCEAN FUJI
12:21 Deltamarin designs CO2 carrier of Ecolog
11:50 Tsakos Energy Navigation plans to invest $2 billion to create a 100% green fleet by 2030
11:23 Horizon Tankers order six newbuilds in China
10:55 Turkish-owned cargo ship sinks off Romania
10:15 Serica Energy receives final approval from the NSTA to develop the 100% owned and operated Belinda field

2024 May 19

15:43 RWE, Masdar award geophysical surveys contract for DBS West offshore wind farm
14:27 Intesa Sanpaolo and Fincantieri for the energy transition of maritime and air transport
14:03 MSC Cruises to expand at Port Canaveral with the arrival of the MSC Grandiosa
13:56 Noatum launches maritime services in Türkiye
12:44 New Pipeline Transition Alliance to focus on re-purposing natural gas infrastructure to hydrogen service
11:29 Yantai CIMC Raffles Offshore Ltd. shipyard launches dual-fuel offshore installation vessel for Van Oord
11:23 Major Scottish export terminal invests £750,000 to boost refrigerated cargo capabilities
10:12 Jan De Nul orders new XL cable-laying vessel

2024 May 18

15:24 SNAM's Q1 total revenues declined 1.9% to 895 million euros
14:17 KOTUG Int'l successfully pilots Tug Drone technology
12:04 Austal USA names Mark Santamaria as CFO
11:36 Silver Ships delivers four of seven coastal fast response boats
09:51 CMA CGM posts revenue of 11.8 billion for Q1 2024

2024 May 17

18:10 Bunker fuel sales at the Middle Eastern hub of Fujairah drop on a monthly basis in April 2024
17:52 Lloyd’s Register and Shandong Marine Group sign MoU
16:43 China reveals cooperation methods to protect and restore the Yangtze River
16:03 APM Terminals Barcelona holds the commissioning of 17 Konecranes NSC 644 EHY hybrid straddle carriers
15:13 Marine fuel demand in Panama declined in April 2024
14:43 MITSUI E&S and PACECO commence commercial operations of world's first hydrogen fuel cell zero emission RTG crane at Port of Los Angeles
14:23 ILWU Canada agrees to delay serving 72-hour strike notice on employer DP World Canada
13:31 Barge hits a bridge in Texas, damaging the structure and causing an oil spill
13:10 Container shipping costs on EU-S. Korea route surge over 30 pct amid Red Sea crisis
12:43 DP World invests €130m in Romania
12:21 Astrakhan hosts Russia-Iran talks on shipping cooperation on International North-South corridor
11:41 Seatrium awarded repeat FPSO integration contract from SBM Offshore
11:04 Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping
10:41 Electramar christened in Helsinki
10:07 IMO Secretary-General spotlights seafarer safety amidst ongoing Red Sea attacks and resurging piracy
09:58 MABUX: Bunker Outlook, Week 20, 2024

2024 May 16

18:11 Kongsberg and Torghatten to develop self-driving ferry service linking Trondheim and the Fosen peninsula
17:42 “K” Line сonducts first trial use of B100 biofuel for carbon-free operations on car carrier
16:35 Deltamarin and ECOLOG unveil LP LCO2 carrier design
15:40 Seadrill enters agreement to sell its Qatar jack-up fleet
15:24 Scan Global Logistics and Hapag-Lloyd enter into major biofuel agreement in a new Green Collaboration
14:48 Edison Chouest feeder fleet for U.S. offshore wind market to be built to ABS Class
14:03 The Australian Government announces a funding package of $7.1 billion for budgeted programs to be administered by ARENA
13:54 The share of the idle container vessel fleet was 0.9% in April - Sea-Intelligence
13:25 The European Commission grants PCI status to CO2 value chain project developed by MOL with partners
12:14 HHLA's revenue decreased by 0.3 percent to € 363.6 millions in Q1 2024
11:42 MOL and TotalEnergies sign time charter contracts for 2 newbuilding LPG-fueled LPG carriers
10:40 Kalmar and Uniport Livorno agree on new terminal tractor order to enhance reliability, safety and service quality at Italian terminal
10:04 AMSA collaborates on a trial providing more recycling options for visiting foreign ships
09:59 SunGas Renewables and C2X announce strategic partnership

2024 May 15

18:07 MOL holds naming ceremony for newbuilding LNG carrier Greenergy Ocean to serve China National Offshore Oil Corporation
17:30 ClassNK and StormGeo mark significant collaboration to advance maritime decarbonization
17:02 Newly certified methanol valves to improve dual-fuel shipbuilding
16:45 HD KSOE to lease Subic shipyard in Philippines
16:25 Eidsvaag receives two forage carrier vessels designed and equipped by Kongsberg Maritime
15:58 ADNOC delivers first ever bulk shipment of CCS-enabled certified low-carbon ammonia to Japan
15:35 World's 1st wind challenger-equipped coal carrier achieves fuel savings of 17%
14:57 LR to support the retrofit of two Stena Line ferries to methanol
13:52 Port of Los Angeles nets record $58 million for harbor maintenance
13:32 CMA CGM to launch MCX - West Coast Central America
12:51 Port of Long Beach cargo volumes up 14.4% in April
12:21 First Ro-Pax vessel receives DNV Silent notation following successful sea trials with Wartsila propellers
11:41 Hapag-Lloyd transport volumes increased by 6.8 percent to 3 million TEU in Q1 2024
11:10 Cavotec signs two-year service agreement with Port of Salalah