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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 30/10/2014 (16:41)
Freight rates from China and Southeast Asia to the Turkish market have been announced for November with increases, according to MTS Izmir. The new rates will be in effect from November 1 until November 30, 2014.

When compared to the most recent October levels, rates from China to Turkey increased $800-850/container for 20’ containers and $1700/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates are up $800/container for 20’ containers and $1600-1650/container for 40’ containers. Rates from India to Turkey were unchanged from October.

Rates from Northwest and Southern Europe to Turkey were steady. For shipments from the Middle East to Turkey, rates were unchanged. Freight rates from the US to Turkey were also stable for November while rates from the US to Egypt were also unchanged.

The following freight rates per container were reported effective as of November 1, 2014 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 AsiaTurkey1850-1950+800+8003350-3550+1650+1600
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

The abovementioned freight rates are valid until November 30, 2014. Price ranges for geographical regions are due to freight variations depending on the port.
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