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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 06/01/2017 (14:46)
Freight rates from China and Southeast Asia to the Turkish market have been announced with increases for the first half of January, according to MTS Izmir. The new rates will be in effect from January 1 until January 30, 2017.

When compared to the rates in late December, freight rates for shipments from China increased $100/container for 20’ containers and by $100/container for 40’ containers. Freight rates from Southeast Asia also increased $100 for 20’ containers and $100 for 40’ containers on the low end while it remained unchanged on the high end. Rates from India to Turkey remained unchanged.
Rates from Northwest and Southern Europe to Turkey were stable. Rates for shipments to Turkey from the Middle East and the USA were also unchanged.

The following freight rates per container are effective as of January 1, 2017 and contain all applicable costs such as bunker adjustment fees (baf) and currency adjustment fees (caf):

FromTo Freight (USD/20” container)ChangeFreight (USD/40” container)Change
Southeast AsiaTurkey1250-1275+100+1002250-2300+100+NC
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey700-800NC1150-1250NC

The abovementioned freight rates are valid until January 30, 2017. Price ranges for geographical regions are due to freight variations depending on the port.
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