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Turkey Freight Rate Update

by ChemOrbis Editorial Team - content@chemorbis.com
  • 14/07/2015 (17:37)
Freight rates from China and Southeast Asia to the Turkish market have been revised down for a second time for July for the remainder of the month following the significant hikes announced in late June, according to MTS Izmir. The new rates indicate significant decreases compared with the most recent levels they will be in effect from July 17 until July 31, 2015.

When compared to the most recent adjustments for July, rates from China to Turkey declined by $325-350/container for 20’ containers and by $700/container for 40’ containers. For shipments from Southeast Asia to Turkey, freight rates were also down $300-375/container for 20’ containers and $700/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 July 17, 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
ChinaTurkey450-500-325-350700-750-700-700
Southeast AsiaTurkey500-550-300-325750-850-700-700
USATurkey****NC1775-1875NC
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC
IndiaTurkey1100-1200NC1950-2150NC
USAChina****NC****NC
USAEgypt****NC1875-1975NC


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