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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 02/10/2015 (17:44)
Freight rates from China and Southeast Asia to the Turkish market have been revised downward for October, according to MTS Izmir. The new rates will be in effect from October 10 until October 31, 2015.

When compared to the most recent adjustments, rates from China to Turkey declined $50/container for 20’ containers while they were also down by $100/container for 40’ containers. Freight rates for shipments Southeast Asia to Turkey also slipped by $100/container for both 20’ containers and 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. Rates for shipments to Turkey from the Middle East and Egypt were also unchanged. Rates from the US to Turkey, meanwhile, have been revised down again following a downward revision in mid-September. New rates for shipments from the US to Turkey declined $50/container for 40’ containers.

The following freight rates per container are effective as of October 10, 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
ChinaTurkey200-250-50-50 200-250-100-100
Southeast AsiaTurkey200-250-100-100 250-300-100-100
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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