Message from the Chairman

Message from the Chairman

At ES Denizcilik, we operate in the field of qualified contracting, primarily focusing on marine structures and industrial facility construction.

We possess Turkiye's largest and most advanced marine construction fleet. Our marine fleet, consisting of over 20 specialized vessels and equipment, along with our more than 1,000 employees and over 25 years of experience in the industry, allows us to carry on our work without interruption. With our highly skilled workforce, we complete our projects without any time-loss accidents and have been recognized with numerous awards. Since 1999, we have not only contributed to the Turkish economy but also actively supported employment in the construction sector. As one of the leading contractors in marine construction and industrial facilities, we provide high-quality solutions with our innovative approach.

We undertake specialized projects that require expert engineering knowledge, including seabed dredging, marine structures, and industrial facility construction. By continuously strengthening our fleet, we have increased our hourly dredging capacity to 1,000 m³. Over the past 10 years, our construction work at the refineries on the Aliaga peninsula has played a significant role in its development and growth, effectively changing the geography of the area. We are fully committed to large-scale industrial projects and marine construction initiatives aimed at the petrochemical and steel sectors. Through our port capacity enhancement projects, we support the growth of our ports' trade volume and contribute to the national economy.

As ES Denizcilik, we are developing sustainable projects in the industry. We construct specialized, "niche," projects in the construction sector, undertaking tasks that very few contractors in our field can handle. We take pride in this capability. In every project we undertake, we operate on a turnkey basis. We can also work as an EPC contractor, managing the entire process from design to product/material procurement and facility operation. In recent years, we have particularly stood out with our projects in the steel and petrochemical industries.

Our fleet is the most advanced and largest marine construction fleet in Turkiye. We specially import our specialized vessels from abroad. Our fleet includes over 20 vessels with various specifications, such as floating cranes, pile driving vessels, split hoppers, and dredgers. Our pile driving vessel, Demirbas 06, is one of Turkiye's largest and most modern pile driving barges, equipped with the largest detachable hammer (Delmag 180) with a tower height of 54 meters. Another vessel, Kanuni D.S, has an excavator capacity of 190 tons, enabling dredging at depths of 21 meters. We will continue to expand our fleet. Two additional split hopper vessels will join us, and we have included an investment for a "Trailing Suction Hopper Dredger" in our 2025 budget to increase our dredging speed in soft to moderately firm soils and reduce unit costs. This vessel is also designed for land reclamation and artificial island formation. In 2025, we will continue our investments in machinery and equipment that add value to our industrial and marine construction projects and create awareness.

With our expert engineering knowledge, quality-focused approach, and deep experience in the industry, we will continue to move forward with our large-scale construction projects without slowing down.

Chairman of the Board

Erol Demirbas