The Besiktas shipping group has widened operations with a new venture in the Bay of Tuzla, Turkey’s traditional shiprepair hub.
Art Shipyard, which began operations in April with a panamax-sized floating dock, expanded last week by acquiring a handymax floating dock.
Its establishment and expansion took place through a string of share acquisitions and land renting arrangements with neighbouring facilities Yardgem, Gemsan and Myo Docks.
