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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 16/09/2015 (17:00)
Freight rates from China and Southeast Asia to the Turkish market have been downwardly revised for September following significant increases in the previous update, according to MTS Izmir. The new rates will be in effect from September 21 until September 30, 2015.

When compared to the most recent adjustments, rates from both China and Southeast Asia to Turkey declined $500/container for 20’ containers while they were also down by $1000/container for 40’ containers. Rates from India to Turkey, meanwhile, were stable after the most recent adjustment.

Rates from Northwest and Southern Europe to Turkey were stable. For shipments to Turkey from the Middle East, Egypt and the US rates were also unchanged. Rates from the US had declined $250-300/container for 40’ containers on September 11 after a long period of stability.

The following freight rates per container were reported effective as of September 21, 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
ChinaTurkey500-550-500-500 700-750-1000-1000
Southeast AsiaTurkey525-575-500-500 750-850-1000-1000
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

The abovementioned freight rates are valid until September 30, 2015. Price ranges for geographical regions are due to freight variations depending on the port.
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