Port of Burgas · Bulgaria · European Union
One yardFour ways in
An industrial port site with a dry dock and a water concession on the Black Sea coast. A design office that draws a vessel from a blank sheet. A yard that builds hulls to other people's drawings. Four separate propositions, one site, one team — choose the one you came for.
The asset
The port site itself is for sale: a concrete yard, a micro-port with its own berths, a dry dock and a concession over the adjacent water. With the operating team in place.
See the opportunity → 02 · For an ownerDesign & build
We design your vessel and build it whole — our design office, our halls, our welders, an outside inspector on every seam. One responsibility from the first sketch to sea trials.
See how a build runs → 03 · For a brandOEM & contract building
Your naval architecture, your specification, your badge. We supply the yard, the metal and the quality record — hull only, hull and outfitting, or a turnkey vessel.
See the programme → 04 · For a shipownerYacht conversion
A donor ship — tug, trawler, offshore vessel — hauled out on the ship lift and reborn as an explorer yacht.
See the conversion →Whichever way you come in, the metal is worked the same way — see ORIGAMI, the method inside design & build.
01 · The asset
The only way out
of the water on this coast
A transverse ship lift, a dry dock and the largest crane on the Bulgarian coast. Between the Bosphorus and the Danube there is no second place inside the European Union where a yacht of this size leaves the water.
A working port site,
and water of your own
An industrial port site inside the working port of Burgas: a concrete yard, a micro-port with its own berths, a dry dock and lifting equipment. A concession over the adjacent water area is expected to transfer with the site, subject to grantor (state) consent — confirmed in the legal review.
The asking price is stated by the selling side and is disclosed with the data room. Stingray acts as operator of the site and as intermediary in the sale — see our position below.
Why this exists nowhere else
This cannot be
built next door
The concession cannot be reproduced
Rights over the water area are granted by the state, not created with money. A competitor arriving on this coast with capital runs into the fact that there is nothing left to grant.
The dry dock already exists
The longest part of the road is behind: permitting, marine works and the dock itself. Building an equivalent from zero is a matter of years of approvals, not of budget.
Production inside the EU
A Union-flagged vessel arrives and leaves with no customs formality. On the far side of the border the same repair means paperwork, time and risk.
Depths that are scarce
The depths alongside and on approach are set by the seabed, not by investment, and cannot be added to somebody else's site.
How the site earns
Four revenue streams
Repair and dry dock
Ship repair and dry-dock work. The principal source of margin: high value-added labour tied to an asset that cannot be reproduced next door.
Storage and lifting
Storage capacity at scale, year-round. Mild winters on the Bulgarian coast remove the seasonality that constrains northern yards.
Hangar leases
Hangars leased to yacht brands for assembly and service. The nearest competing cluster is officially full.
OEM hull building
Hull construction to other people's designs, on competence already present on the site. The smallest contributor and the most capital-hungry.
The order reflects expected contribution to margin, not revenue. The financial model per stream is not published — it is opened with the data room.
Wintering
Hulls stand
where they are lifted
A yard of concrete beside the water. A boat comes out, crosses the yard on its own cradle and stays for the season — no road permits, no lowloader, no second lift.
The operator
A dry dock is worth what
the crew running it can sell
This is not a passive plot of land. A dry dock, cranes and a lift are only worth what the team operating them can sell. The site comes with people who have been running industrial production on it for four years, and the design office and the welding programme are attached to the yard — they work for whoever owns it.
Our position in this transaction
Stingray acts as operator of the site and as intermediary in the sale. The seller is a third party. We may also take a small equity participation. The size of that stake and the intermediary fee are disclosed before signing.
No return figure on this site has been modelled. The price is stated by the selling side and not confirmed by valuation. The concession, technical condition, environmental history, dredging responsibility and storage demand all require verification before a transaction, not after it.
Read the full risk list →Get in touch
Let's build
A technical survey of the site and a legal review of the concession. We arrange both and open the data room under NDA.
Send the brief, or the design you already own. You get a producibility check and a quote per stage, on an open book.
Send the 3D model, class drawings and specification. You get a producibility report and a scope you set yourself.
Or simply write to sales@stingray-yachts.com. Your details go only to the Stingray team — see the privacy policy.
Correspondence runs through sales@stingray-yachts.com. Hours, material invoices and subcontract orders on a build are visible to you online as they happen.