Mengi Yay Joins SYBAss, expanding Turkish member base

Monaco, August 2026 – The Superyacht Builders Association (SYBAss) is pleased to welcome yacht builder Mengi Yay Yachts as its newest member, further strengthening the association’s representation of yacht building activity in Turkey.

Mengi Yay was founded in 1964 in Istanbul as a family-owned shipyard specializing in wooden yacht construction. During the 1990s and early 2000s, the company expanded into steel and aluminium yacht construction. The shipyard's transformation accelerated in the last decade through investments in its production facilities and collaborations with renowned yacht designers. Meanwhile the yard delivered 10 motor yachts and 3 sailing yachts over 40 meters in length in the last 10 years. It operates two facilities in Turkey, one in Tuzla, Istanbul. Mengi Yay is currently constructing several custom yachts ranging from 45 to over 60 metres.

“We are delighted to welcome Mengi Yay to the SYBAss community,” said Robert van Tol, Executive director of SYBAss. “This family-owned and craftsmen-driven company is a great addition to our membership. Also expanding our representation of the continuously growing Turkish yacht construction sector is important. We look forward to working together to address the opportunities and challenges our industry is facing.”

By joining SYBAss, Mengi Yay becomes part of an international network of the world’s foremost superyacht builders dedicated to representing the industry’s interests, promoting best practices, and collaborating on technical, regulatory, and sustainability initiatives. As an NGO with consultative status at the International Maritime Organization (IMO), SYBAss plays an active role in shaping policies and standards that support the continued development of the global superyacht sector.

Commenting on the membership, Hüseyin Mengi, Chairperson of Mengi Yay Yachts said:
“Joining SYBAss represents the beginning of a new chapter for Mengi Yay. We come to this table with sixty years of building experience, more than 200 deliveries, and a clear view of where our industry is heading. We support the recently published three-year plan and aim to take an active role in delivering it. Many of the issues in front of us, from regulation to sustainability, form a shared agenda for all of us. We are glad to address these common matters together with fellow builders who face the same challenges, and to contribute to the process of finding solutions.”

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About SYBAss
The Superyacht Builders Association (SYBAss) represents the world’s leading superyacht builders, serving as their collaborative platform and championing their interests. Today it has 25 member shipyards, responsible for 75% market share in delivered yachts over 40 meters and 80% of gross tonnage. SYBAss works closely with international regulatory bodies, including the International Maritime Organization (IMO), and collaborates with industry stakeholders to advance safety, quality, environmental responsibility, and technical excellence. Recently the association shared its first-ever 3-year plan, including some ambitious projects for the builders and the wider yachting sector, put on a three-year timeline, which corresponds with the term the elected board serves.

About Mengi Yay Yachts
Mengi Yay Yachts has been manufacturing custom and semi-custom superyachts since 1964, representing a deeply rooted heritage in the eastern Mediterranean yachting industry. What began as a visionary boutique workshop founded by Ramazan Mengi in Istanbul has steadily evolved over six decades into a world-class shipbuilding company with a legacy of more than 200 successful deliveries across wooden, steel, aluminium, and composite hulls.

Operating from its highly advanced production facilities located in the strategic maritime hub of Tuzla, Istanbul, the shipyard features an expansive infrastructure capable of constructing multiple large-scale vessels simultaneously. Mengi Yay specializes in the engineering and construction of sophisticated motor and sailing yachts ranging up to 60+ meters, focusing heavily on high-performance steel-aluminium structures and technologically advanced composite lines.

Driven by family-run management and backed by hundreds of highly skilled craftsmen, the shipyard collaborates seamlessly with world-renowned naval architects and international design studios to ensure every single project is fully customized according to the exact requests and strict engineering standards of its owners. Combining traditional Turkish carpentry mastery with cutting-edge global innovation, Mengi Yay remains dedicated to providing an uncompromised custom-building experience while actively setting new efficiency and design benchmarks, such as the highly acclaimed Virtus and NL Plus series, on the global superyacht stage.