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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 14/11/2014 (11:00)
Freight rates from China and Southeast Asia to the Turkish market have been revised for the second half of November with decreases, according to MTS Izmir. The new rates will be in effect from November 17 until November 30, 2014.

When compared to the most recent adjustments, rates from China to Turkey declined $200/container for 20’ containers and $300-400/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were down $250/container for 20’ containers and $300-350/container for 40’ containers. Rates from India to Turkey were stable after the most recent November adjustment.

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 steady for November while rates from the US to Egypt were also unchanged.

The following freight rates per container were reported effective as of November 17, 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 AsiaTurkey1050-1150-250-2501950-2150-350-300
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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