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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 22/08/2016 (11:33)
Freight rates from China and Southeast Asia to the Turkish market have been revised down for the remainder of August, according to MTS Izmir. The new rates will be in effect from August 22 until August 31, 2016.

When compared to the most recent adjustments, freight rates for shipments from China to Turkey declined $50/container for 20’ containers and $100/container for 40’ containers. Freight rates for shipments from Southeast Asia to Turkey also fell $50/container for 20’ containers and $100-150/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 August 22, 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
ChinaTurkey475-500-50-50 750-800-100-100
Southeast AsiaTurkey475-500-50-50750-800-100-150
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey700-800NC1150-1250NC

The abovementioned freight rates are valid until August 31, 2016. Price ranges for geographical regions are due to freight variations depending on the port.
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