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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 05/11/2015 (13:13)
Freight rates from China and Southeast Asia to the Turkish market have been revised for November with decreases, according to MTS Izmir. The new rates will be in effect from November 6 until November 30, 2015.

When compared to the most recent adjustments, freight rates for shipments from both China and Southeast Asia to Turkey declined $200/container for 20’ containers and $500/container for 40’ containers. Rates from India to Turkey remained stable after declining $300/container for 20’ containers and $500-600/container for 40’ containers on November 2.

Rates from Northwest and Southern Europe to Turkey were stable. Rates for shipments to Turkey from the Middle East and the USA were also unchanged. Rates for shipments from USA to Turkey and Egypt had been revised down $25-75/container and $400/container, respectively, for 40’ containers on November 2.

The following freight rates per container are effective as of November 6, 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
ChinaTurkey700-750-200-200 1300-1350-500-500
Southeast AsiaTurkey700-750-200-200 1350-1450-500-500
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

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