Turkey Freight Rate Update
by ChemOrbis Editorial Team - content@chemorbis.com
Freight rates from China and Southeast Asia to the Turkish market have been revised downward for March, according to MTS Izmir. The new rates will be in effect from March 8 until March 31, 2015.
When compared to the most recent March adjustments, rates from China to Turkey decreased by $200/container for 20’ containers and by $250-350/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were also down $150-250/container for 20’ containers and $200-250/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 to Turkey from the Middle East, US and Egypt, rates were unchanged.
The following freight rates per container were reported effective as of March 8, 2015 and contain all applicable costs such as bunker adjustment fees (baf) and currency adjustment fees (caf):
The abovementioned freight rates are valid until March 31, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
When compared to the most recent March adjustments, rates from China to Turkey decreased by $200/container for 20’ containers and by $250-350/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were also down $150-250/container for 20’ containers and $200-250/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 to Turkey from the Middle East, US and Egypt, rates were unchanged.
The following freight rates per container were reported effective as of March 8, 2015 and contain all applicable costs such as bunker adjustment fees (baf) and currency adjustment fees (caf):
| From | To | Freight (USD/20” container) | Change | Freight (USD/40” container) | Change |
| China | Turkey | 850-950 | -200-200 | 1600-1700 | -250-350 |
| Southeast Asia | Turkey | 850-950 | -250-150 | 1700-1800 | -200-250 |
| USA | Turkey | **** | NC | 1775-1875 | NC |
| Northwest Europe (ARA) | Turkey | 750-850 | NC | 950-1150 | NC |
| Southern Europe | Turkey | 600-700 | NC | 750-850 | NC |
| Middle East | Turkey | 1100-1300 | NC | 1950-2150 | NC |
| India | Turkey | 1100-1200 | NC | 1950-2150 | NC |
| USA | China | **** | NC | **** | NC |
| USA | Egypt | **** | NC | 1875-1975 | NC |
The abovementioned freight rates are valid until March 31, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
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