Minister of Transport and Infrastructure Abdulkadir Uraloğlu, the scrapped Turkish bayraklı They announced that they have amended the regulation regarding the incentives provided for the construction of new ships to replace the ships and stated that they doubled the scrap incentive applications, which were limited to 25 thousand GT (Gross Tonnage), to 50 thousand GT. Uraloğlu said, “With this change, we aim to rejuvenate Turkey's average ship fleet by reducing its age. In addition, we will contribute to the shipbuilding industry in Turkish shipyards in terms of both innovation and investment, and will increase employment in this field. "I believe that with our steps towards the sector, we will be one of the world's leading countries in the maritime sector," he said.
Minister of Transport and Infrastructure Abdulkadir Uraloğlu, Turkish bayraklı He stated that they have made significant changes in the current regulation in order to encourage the scrapping of ships and the construction of new ships. “Scrapped Turk Bayraklı Explaining that the "Regulation on Amending the Regulation on the Encouragement of the Construction of New Ships to Replace Ships" was published in the Official Gazette dated March 23, 2024, with the signature of President Recep Tayyip Erdoğan, Uraloğlu said that the existing incentives have been expanded.
Ship Tonnage to be Scrapped Increased by 10 Times
Minister Uraloğlu stated that with the changes made, the minimum tonnage of ships to be scrapped was increased 10 times from 5 thousand GT to 50 thousand GT, and the scrap incentive applications, which were limited to 25 thousand GT, also doubled to 50 thousand GT. Uraloğlu also noted that they have expanded the scope of documents regarding the types of ships that can benefit from the incentive and the ships that will be scrapped, and said, “With this change, the number of ships included in the scope of the incentive will increase significantly. "This will provide a significant increase in the amount of investment in the sector," he said.
“Employment Will Increase in the Shipbuilding Industry”
Uraloğlu stated that they have made important changes in our incentive mechanism in favor of the sector and underlined that with this change they aim to rejuvenate Turkey's average ship fleet by reducing its age. Uraloğlu said, “In addition, this change we have made in the regulation will contribute to the shipbuilding industry in Turkish shipyards in terms of both innovation and investment. We will even ensure that employment in this field is increased. "As we plan every step we take, we also calculate the benefits it will bring to the entire maritime industry," he said.
Application Process Extended from One Month to One Year
Uraloğlu stated that they provided significant convenience in the process, especially regarding ship construction and scrapping. Stating that an important innovation is the inclusion of chartered accountants as well as classification societies in the processes regarding ship construction and scrapping transactions, Uraloğlu said that this will enable the transactions to have a more diverse and flexible structure. Uraloğlu stated that they simplified the bureaucratic processes to ensure that incentive applications and payments are made effectively and quickly, and said, “We also extended the application process, which was limited to 1 month, to the whole year. These regulations are Turkish bayraklı While it is aimed at the renewal of the commercial fleet, it also aims to comply with both environmental standards and technological innovations. "We invite our sector to benefit from these supports and invest in Turkish maritime," he said.
“We Will Take Our Deserved Place Among the Leading Countries in Maritime”
Minister Uraloğlu underlined that with these changes, they will not only increase the international competitiveness of the Turkish maritime industry, but also contribute to its more sustainable structure, and said, “We act knowing that maritime transport, which undertakes 90 percent of world trade, is the backbone of the world economy. For this reason, we provide all kinds of facilities for the growth of the Turkish naval fleet. Under the leadership of our President, Mr. Recep Tayyip Erdoğan, we will continue to take the necessary steps to increase Turkey's share in world maritime trade and to reach its deserved place among the 'Leading Maritime Countries' in every field of maritime. "I believe that with our steps towards the sector, Turkey will make its weight felt in the maritime field in the future and will become one of the world's leading countries in the maritime sector by increasing its competitiveness," he said.