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Turkey: Market Reports
Turkey
Turkish industry hits troubled waters as 2025 downturn signals tough 2026
After years of strong export performance, Turkey’s yacht sector is grappling with a sharp decline in sales, rising costs, shrinking incentives, and mounting regional competition. While some builders remain cautiously optimistic, industry leaders warn that 2026 will demand robust public support and strategic resilience
Numarine introduces new Classic superyacht line
BAZ Yacht Design partners with Australian cat builder on new hybrid model
Sirena Marine issues build update on new 42m superyacht
AIATA appoints new general manager
AIATA partners with Nautical Ventures to expand US presence
Major fire at Turkish marina leads to sinking of seven yachts
TurkeyBigger and bolder as boatbuilders capitalise on boom years
Turkey works to further expand its already strong yacht building sector
TurkeyQuality at a price alchemy spells success for equipment sector
Turkey has a long history of manufacturing high-quality products at competitive prices, and the marine industry is no exception. Lower labour costs, a young and technically skilled workforce and good geographic location has helped the sector prosper
TurkeyBoat show scene undergoes transformation
Plans are afoot that could transform Turkey’s boat show calendar
![D-Marin_Gocek[4]](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/415x277/1/0/2/34102_dmarin_gocek4_130884.jpg)
TurkeySurging prices take heat out of market
Turkey’s leisure boat sector is proving resilient despite the emotional and economic impact of February’s devastating earthquake and the country’s fragile macro-economic state
TurkeyNew and used boat sales rocket creating supply headaches
Demand has been on the rise for last two years and order books at Turkish yards are full
Companies - Turkey
NewsNumarine introduces new Classic superyacht line
The first two models, the 38XPC and 39MXPC, are designed to emphasise elegance, balance, and enduring design principles
NewsBAZ Yacht Design partners with Australian cat builder on new hybrid model
The Turkish firm will design the interior of Iliad Catamarans’ new long-range cruiser
NewsSirena Marine issues build update on new 42m superyacht
The yacht is in final outfitting for its July debut
People - Turkey
NewsAIATA appoints new general manager
Hakan Kefoğlu has 20+ years of experience in global business, exports, and engineering
NewsNumarine appoints new CEO to lead next phase of growth
Patrik von Sydow brings extensive leadership experience from across the global superyacht sector
NewsTurkish captain, crew face charges over fatal collision involving Mazu Yachts founder
Indictment alleges negligent watchkeeping and failure to report collision that killed Halit Yukay; trial set for December
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