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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 07/01/2016 (16:28)
Freight rates from China and Southeast Asia to the Turkish market have been revised down for the first half of January following hike attempts at the beginning of the month, according to MTS Izmir. The new rates will be in effect from January 9 until January 14, 2016.

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 unchanged.

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.

The following freight rates per container are effective as of January 9, 2016 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
ChinaTurkey1000-1050-200-200 1800-1900-500-500
Southeast AsiaTurkey1000-1050-200-200 1800-1850-500-500
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

The abovementioned freight rates are valid until January 14, 2016. Price ranges for geographical regions are due to freight variations depending on the port.
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