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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 11/02/2016 (15:10)
Freight rates from China and Southeast Asia to the Turkish market have been revised downward for the remainder of February, according to MTS Izmir. The new rates will be in effect from February 15 until February 29, 2016.

When compared to the most recent adjustments, freight rates for shipments from China declined $50-100/container for 20’ containers and $100/container for 40’ containers. Freight rates from Southeast Asia also fell $100/container for both 20’ containers and 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 February 15, 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
ChinaTurkey250-300-50-100 400-500-100-100
Southeast AsiaTurkey250-350-100-100 450-550-100-100
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey1100-1300NC1950-2150NC

The abovementioned freight rates are valid until February 29, 2016. Price ranges for geographical regions are due to freight variations depending on the port.
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