Turkish shipyard, Bilgin Yachts, has announced that it has now been formally accepted as a member of the SYBAss (Superyacht Builders Association). Now representing 22 of the world’s top tier shipyards SYBAss was founded on the basis of ensuring that the specific needs of superyacht builders, specialising in 40m-plus vessels, are addressed on the international stage.
Since its inception in 2007, SYBAss has acted on behalf of its members by providing them with coherent representation in front of IMO, flag states and international technical organisations. To gain a membership to the association, a shipyard needs to have built and delivered (to customer satisfaction) at least three 40m-plus superyachts over the last 10 years.
Having delivered 23 superyachts, according to Superyacht Intelligence, Bilgin Yachts meets the SYBAss criteria for entry. Cumulatively, Bilgin’s delivered fleet has an LOA of 877m, which accounts for 5.8 per cent of the total LOA (15142.9) of the delivered Turkish fleet. The total figure, however, is determined by the cumulative the LOA of 387 superyachts from 131 Turkish shipyards, of which 107 have delivered less than three superyachts. In fact, there are only eight shipyards in Turkey that have delivered ten or more superyachts in their lifetime.
Of the 131 Turkish shipyards that have delivered a superyacht, only 28 have superyachts under construction. Furthermore, over the last five years, 22 Turkish shipyards have only delivered a single vessel, meaning that a large majority of the original 131 shipyards cease to continue.
Bilgin Yachts now has three superyachts under construction, Bilgin 156, 220 and 263. All three models are built in compliance with IMO Tier III and have been created to perform with reduced energy consumption.
The Superyacht New Build Report, which is available to download now and will hit desks on 20 February, will analyse all sectors of the new build market and boast an exclusive interview with SYBAss president, Michael Breman, and Secretary general, Theo Hooning,
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