New York:

Turkish veterans behind new offshore player in Istanbul

Two long-standing Turkish shipping executives have joined forces to establish a company with ambitions to play a role in offshore marine projects and LNG bunkering.


Burak Alkoc and Captain Levent Akson set up Istanbul Gas & Energy Ship Management Inc (ISGEM) in September.

It is already in talks with Chinese and Turkish yards to build jack-up barges and crew transfer vessels for the offshore and marine sector.

A clearer picture of any eventual orders is expected to emerge in April, Alkoc told Tradewinds via email.

However, the company’s plans go further, “We will bid for various tenders at the beginning of next year,” Alkoc said, noting the company could target drilling rigs, seismic research vessels, support vessels and anchor handling tug supply vessels.