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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 20/05/2015 (13:56)
Freight rates from China and Southeast Asia to the Turkish market have been revised downward for the remainder of May, according to MTS Izmir. The new rates will be in effect from May 22 until May 31, 2015.

When compared to the most recent adjustments, rates from China to Turkey declined by $50/container for 20’ containers and by $300-350/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were also down $50/container for 20’ containers and $300-350/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 May 22, 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 AsiaTurkey350-400NC-50350-450-350-300
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

The abovementioned freight rates are valid until May 31, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
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