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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 17/02/2015 (13:38)
Freight rates from China and Southeast Asia to the Turkish market have been revised downward for the remainder of February, according to MTS Izmir. The new rates will be in effect from February 23 until February 28, 2015.

When compared to the most recent February adjustments, rates from China to Turkey decreased by $100-150/container for 20’ containers and by $200-300/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were also down $50-150/container for 20’ containers and $200/container for 40’ containers. Rates from India to Turkey were steady after the most recent adjustment.

Rates from Northwest and Southern Europe to Turkey were stable. For shipments from the Middle East, US and Egypt to Turkey, rates were unchanged.

The following freight rates per container were reported effective as of February 23, 2015 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 AsiaTurkey1300-1350-50-1502250-2350-200-200
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

The abovementioned freight rates are valid until February 28, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
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