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Turkey eyes to increase shipbuilding capacity almost threefold

Business Materials 19 September 2017 10:50 (UTC +04:00)

Baku, Azerbaijan, Sept. 19

By Rufiz Hafizoglu – Trend:

Turkey plans to increase shipbuilding capacity from 3.6 million deadweight tons (dwt) to 10 million dwt by 2023, a source in the country’s Ministry of Transport, Maritime Affairs and Communications told Trend.

In this regard, Turkey plans to build vessels for transporting liquefied natural gas (LNG) and liquefied petroleum gas (LPG).

“First, it is planned to create infrastructure and purchase technologies that will allow organizing own production of vessels for transportation of LNG and LPG,” the source said.

It is also planned to start construction of ships such as Car Carrier for transporting vehicles.

“Construction of vessels such as Ro-Ro and Ro-Pax is on the agenda too,” said the ministry.

The source added that Turkey plans to build new shipyards as well.

Currently, Turkey has 79 shipyards compared to 37 in 2002.

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Follow the author on Twitter: @rhafizoglu

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