Turkish ship and yacht sector targets record export this year

Türkiye’s ship, yacht and services sector is aiming to achieve a record $2.5 billion to $3 billion in exports this year, said Mustafa Talha Pepe, chairman of the Board of the Ship, Yacht and Services Exporters’ Association (GYHİB).

Pepe stated that the ship, yacht and services sector generated $1.5 billion in exports in the first six months of the year.

He emphasized that exports were supported particularly by deliveries of fishing vessels, special-purpose ships and tugboats to Northern European countries, noting that the sector continues to strengthen its competitiveness in international markets.

Pepe said a significant portion of the first-half performance stemmed from deliveries under contracts signed two to three years ago.