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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 11/07/2016 (13:51)
Freight rates from China and Southeast Asia to the Turkish market have been revised downward, according to MTS Izmir. The new rates will be in effect from July 12 until July 14, 2016.

When compared to the most recent adjustments, freight rates for shipments from China decreased $250/container for 20’ containers and by $750-800/container for 40’ containers. Freight rates from Southeast Asia also decreased $200-275/container for 20’ containers and $700-750/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 July 12, 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
Southeast AsiaTurkey1150-1175-200-2751650-1700-700-750
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey700-800NC1150-1250NC

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