The renamed Turkish shipyard Turquoise Yachts is implementing changes to the company that will see them develop their product range to its full potential. Following the major stake acquisition by Dr. Mohammed Al Barwani in December 2014, the yard is now able to confidently build on their established reputation as a world-leading superyacht builder.
Mehmet Karabeyoglu (left), CEO of Turquoise Yachts, and Dr. Mohammed Al Barwani (right)
Three yachts are already under construction at Turquoise Yachts that include an 81m, a 72m and a 47 metre superyacht. With Dr. Al Barwani’s shared interest in both the Turkish shipyard and Dutch superyacht builder Oceanco, one of Turqouise’s new priorities will be the focus of building yachts up to 80 metres. “There is definitely an opportunity for a high quality, high value builder with an established track record,” says Al Barwani. “We’ll enhance Turquoise’s ability further with leading edge design and innovative engineering plus enhanced quality control and management systems.”
“There’s an overriding technical element in our business,” says Mehmet Karabeyoglu, CEO of Turquoise. “Turkey has a long tradition in shipbuilding with a highly skilled workforce. We are extremely confident in our technical and engineering skills. What truly sets us apart is our widely recognised high quality which we get at a relatively low cost."