WHO WE ARE

Experience Beyond a Century, Vision Beyond Oceans

Arsel Shipping - Corporate Governance & Heritage

Corporate Heritage & Governance Structure Founded a century ago by Hacı David Farkouh, Arsel Shipping is an established institution within the maritime industry.

The company executes strategic planning, financial discipline, and corporate governance from its United States headquarters, while ensuring the execution of intercontinental logistics operations through its Turkey organization.

This dual-hub structure optimizes integration between Eastern and Western markets. Under the stewardship of the Bekleniç Family and the leadership of Chairman Muhammed Ender Bekleniç, Arsel operates on a sustainable business model that synthesizes family values with international corporate standards.

Fleet Management & Operational Competence Our fleet of 60 vessels is positioned as a critical component of the global supply chain in industrial commodity transport. Managing millions of tons of capacity, primarily in the iron-steel and energy sectors, our operations are governed by the principle of "operational excellence." Beyond mere carriage, Arsel acts as a strategic partner guaranteeing logistical continuity for industrial giants.

Strategic Partnerships Managed under a 24/7 uninterrupted service protocol, our operations meet the logistical requirements of multinational corporations such as Mercedes, Hyundai, US Steel, and Tüpraş. The synchronization of US-based strategic vision with Turkey-based field execution is a tangible demonstration of the reputation management and commitment to obligations that the Bekleniç Family has upheld for generations.

Conclusion While technologies and routes may vary, Arsel’s corporate stance in the maritime sector remains constant. By carrying forward our historical accumulation through a robust management structure anchored in the US and Turkey, we continue to generate value in global trade.

ELI MORRISON

Chief Operating Officer

With a distinguished career spanning a quarter of a century in the maritime industry, Eli Morrison has shaped his expertise within the operational leadership of global titans such as Maersk and Starline. Representing the highest tier of international shipping standards, he brings deep expertise in fleet management and strategic planning. Morrison integrates the discipline and culture of excellence acquired at industry giants into Arsel Shipping’s global vision

EDUCATION

MBA / Economics,

Yale University

LICENSE

FİSUN BEKLENİÇ

Designated Person Ashore

A graduate of Boğaziçi University Business Administration, Fisun Bekleniç shaped her career within leading structures such as Koç Holding and Çukurova Holding. Bringing 'Conglomerate Discipline' to Arsel Shipping with her expertise in the financial and administrative management of large-scale operations, Bekleniç is the architect behind the company's sustainable growth architecture

EDUCATION

B.A. in Business Administration,

Boğaziçi University

LICENSE

AYZAT AYTUVGAN

Chief Commercial Officer

A graduate of the Department of Business Administration at QS Asia University (Kazakhstan), Ayzat Aytuvgan held positions at global maritime leaders COSCO and Evergreen during her professional career.

Bringing her expertise in international logistics networks and line management to Arsel Shipping, Aytuvgan plays an active role in executing the company's operational processes at international standards and managing foreign trade strategies

EDUCATION

B.A. in Business Administration,

QS Asia University

LICENSE

OUR MISSION

Mission "To ensure the uninterrupted intercontinental flow of raw materials and energy resources required by the global industry, through our century of experience, strong fleet, and principles of operational excellence.

To add value to the continuity of the global economy by generating safe, efficient, and sustainable logistics solutions for our partners within the supply chain of world trade."

We manage this operational power with a profound sense of responsibility toward the future. Our modernization investments minimizing carbon emissions and full compliance with international environmental standards (IMO) are integral parts of our commercial strategy. Merging its centennial heritage with 'Green Shipping' principles and a vision of sustainable growth, Arsel Shipping pioneers the transformation of the industry

CORE VALUES:

Unshakable Trust & Ethical Integrity

For us, reputation holds more value than the figures on a balance sheet. In our commercial tradition, which began a century ago with Hacı David Farkouh and continues today with the Bekleniç family, 'our word' is the most binding contract. Transparency, honesty, and full compliance with ethical codes form the unshakable foundation of our global stance

Passion for Operational Excellence

We reject mediocrity. In managing our giant fleet of 60 vessels and our global logistics network, we apply a discipline that exceeds international standards. In the maritime sector, where there is no margin for error, we manage our business not by chance, but through processes driven by knowledge, technology, and engineering precision

Responsibility to the Future & Respect for People

We view the seas not as an inheritance, but as a trust for future generations. In all our operations, we act on the principles of 'people first' and 'environment first.' We regard sustainable investments that reduce our carbon footprint and the highest standards of occupational safety as an essential requirement of our corporate citizenship consciousness