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YILDIRIM GROUP Continues Its Expansion with CHEMFLEET

ISTANBUL, TURKEY, May 10, 2012 — YILDIRIM GROUP has become the majority shareholder by purchasing 51% of CHEMFLEET Inc., which is one of the safest and most dynamic providers in the ship management sector in Turkey, in accordance with its growth plan in the shipping sector. Having acquired significant prestige, both locally and internationally in chemcial tanker management, Chemfleet also recently expanded its service industry working with dry cargo ships.
Robert Yuksel YILDIRIM, the President of YILDIRIM Group, commented on the acquisiton:
“Chemfleet has more than satisfied us with its professional team and business conduct since we started working together. Chemfleet will enrich us with its service quality and superior industrial experience.”
Ahmet Haznedar, the Founder and Chief Executive Officer of Chemfleet also commented on the agreement:
“We have gained the trust and support of YILDIRIM Group thanks to the objectives and projects we came up with. We are proud of making an agreement  through which we can implement our growth plan.”

Having been founded in 2006, Chemfleet manages 23 ships in total, 20 ones of which are chemical tankers.


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