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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 28/09/2015 (10:13)
Freight rates from China and Southeast Asia to the Turkish market have been downwardly revised again for remainder of September and October, according to MTS Izmir. The new rates will be in effect from September 25 until October 31, 2015.

When compared to the most recent adjustments, rates from China to Turkey declined $100/container for 20’ containers while they were also down by $200/container for 40’ containers. Freight rates for shipments Southeast Asia to Turkey also fell $50-75/container for 20’ containers while they slipped by $200/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 to Turkey had been revised down on September 11 and these new rates will be in effect until September 30.

The following freight rates per container are effective as of September 25, 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
ChinaTurkey250-300-100-100 300-350-200-200
Southeast AsiaTurkey300-350-75-50 350-400-200-250
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

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