"Turkish Owned Coaster Fleet Renewal Project" launched by...

"Turkish Owned Coaster Fleet Renewal Project" launched by Turkish Prime Minister

Prime Minister Binali Yıldırım said at the signing ceremony of the "Turkish Owned Coaster Fleet Renewal Project" organized at the WOW Hotel that the project has been in the process of being held for a long time but has not been completed yet.

12 June 2018 - 12:10

Prime Minister Yıldırım: "Turkish flagged coaster ships will raise our reputation"

Prime Minister Binali Yıldırım said at the signing ceremony of the "Turkish Owned Coaster Fleet Renewal Project" organized at the WOW Hotel that the project has been in the process of being held for a long time but has not been completed yet.

Yıldırım voiced that a company with 49 percent of the public sector and 51 percent of the private sector has been established within the scope of the works, "We have done this with deliberate." The public rules here are the ones that started the business, we wanted them not to play a role that prevents us from realizing our targets because of the legislation. If the public is investing 100 million TL, then you will have to pay 100 million TLas well.. If not, the partnership will be crippled from the beginning." Prime Minister Yıldırım said.

Yıldırım stated that the project has a volume of 3.5 billion dollars and stated that the project duration is 10-15 years.

Emphasizing that the project is an important project for the marine, shipbuilding industry, Yıldırım continued:

"We need to have some degree of control over the Black Sea and the Mediterranean, we have to be able to control the market, and if we can not do that, it will be hard to get to the point where we are doing this project. Environmental catastrophe, life and property will be completely raised the safety issue. In addition, our shipbuilding industry was affected by the global crisis. There are public investments, but serious viability of future new build sector will make 15 years the minimum 500 boats. This is a very large volume of business . not only shipyards, industrialists, suppliers, everyone from top to bottom will be opened tremendous work. this is perhaps to support also greatly our goal of building the localization industry and nationalization ship. hold the host, until it reaches the other systems we depend on other external to our own capabilities it will give you the opportunity to do it. "

Yıldırım stated that at least 70 percent of the total investment will be covered by Turkish shipyards and subsidiary companies.

Yıldırım stated that the first package is 100 ships, "100 ships mean 4 thousand employees, direct, there will be 4 thousand new jobs in the shipyards and there are indirect employment in this sector." Our thousands of citizens from other suppliers who work here will also find jobs in the sector. We are planning a 10-year period for the return of the financing, we have made the ship, we have gone to the market and this financing will be back in 10 years and the new vessels will continue.With the execution of the project under one roof with KOSER AŞ, we will avoid the loss of time. control and the industry will be able to bring bread from this work to everyone instead of piling up in certain places to the maximum extent. " He spoke in the form of.

Prime Minister Yıldırım stated that the company is not a shipbuilding company and shipyard owner and that the organization will be an organization that will hold all the shipyards in the same way and equally at everyone's place.

Emphasizing that they will have the ability to manage costs in mass construction, Yıldırım said:

"The cost of building a ship is that it costs 20 ships, so if you buy 20 main engines, you can negotiate separately and negotiate separately if you buy a machine, which is a big advantage in terms of cost control. tons, 10 thousand tons, 12 thousand tons, this will seriously turn both the construction period and the cost into a serious advantage.The shipbuilding sub-industry will have a serious supply opportunity both during the construction period and during the operation period of the ship, we will have created a source of a flowing stream. "

"Fleet age average will fall"

Prime Minister Binali Yıldırım noted that the transition to a constructive position on the market was also an important input, emphasizing that the renewed fleet will be provided with a serious competitive power in the Black Sea in the Mediterranean.

Prime Minister Yıldırım stated that 75 percent of the cargoes carried by sea were carried with coaster ships and said "Our step here is not only a fleet renewal but also a strategic decision in terms of transportation and logistic policy of our country.Turkish flagged vessels are from Baltic, From the North Sea to West Africa, from the Black Sea to Gibraltar, the marines described as 7 seas will wave our flag on the geography and make a great contribution to the rise of our reputation in the maritime. " he said.

"Every year some argue that we delist from the white flag, will we fall?"  Yildirim said that the benefits are not limited to this and that the additional freight obtained will contribute positively to the current climate.

Yıldırım stated that the average age of the fleet will decrease and that the access of the new vessels to the load will be even easier.

"In a sense, it will make our country's maritime position more powerful in international organizations, with each ship being a factory, with 10 to 14 people working, which will provide employment for 2,000 to 2,500 trained seamen. After 5 years we will look again and all these cares will provide continuous business opportunity to the shipyards during small maintenance and major maintenance.These sailor students will also encourage them to work at sea and they will make a great contribution to them. We will have a sustainable job opportunity for 35 thousand people in subsidiary industry over 15 years period. "The virtues of the project are not over.

"If you are going to participate, you need to make them clear"

After the establishment and management of the company, the organization of the necessary organization is completed and Yıldırım tells that the calendar will actually start. He said that the important contributions of the ministries are there.

Yıldırım noted that, the Ministry of  Science, Industry and Technology, the capital of the Institute itself through the Patent Institute will put here, 49 percent of the state will meet the money invested, said:

"You have to complete the work of the legal entity, as soon as possible, who will already participate in the 51% of the organization, you have to show them clearly if you participate in this project otherwise the project will only be born dead with only public support. we can not provide the benefits we expect, I will say it from the beginning. "

Yıldırım stated that the Ministry of Transportation, Maritime Affairs and Communication will contribute to the project by working on the rules and regulations as well as the activities of the vessels here. Yildirim noted that the Ministry of Economy would also implement the order incentive system, .

"We are talking about an investment of $ 3.5 billion in the sector"

Prime Minister Yıldırım explains that each of the 500 coaster ship intended to build would not be a single project,  "We will definitely set up an incentive system framework for the entire project and we will make that decision in a short time so that we will do what we need to increase the attractiveness of the project." he said.

When the Russians ordered 25 boats in the  Sedef shipyard once, Yıldırım voiced that he spoke about 5-10 years ago and said, "We are talking about 500 ships now and we are talking about a $ 3.5 billion sector investment. I want to see you first, I understand it's Ramadan, but Ramadan is going to end after it. " he said.

Prime Minister Yıldırım, thanked to the efforts of the past, said:

"What do you guys do as soon as you make the money that 51 will reveal? Find it, we will not invest it without bringing the money, we will tell it to you not because we do not want to invest it,, but because we need it to proceed.We need to make sure that all parties have faith in their promises.

Yıldırım explains that there are ideas for financing sustainability and funding sources, and that they have the opportunity to sit down and talk in detail after elections.

Yıldırım pointed out that they will have two festivals this month, saying that one of them is Ramadan and the other is 24th of June.

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