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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 20/09/2016 (18:01)
Freight rates from China and Southeast Asia to the Turkish market have been revised upward for the second half of September, according to MTS Izmir. The new rates will be in effect from September 15 until September 30, 2016.

When compared to the most recent adjustments, freight rates for shipments from China to Turkey rose $350-375/container for 20’ containers and $900/container for 40’ containers. Freight rates for shipments from Southeast Asia to Turkey also increased $400/container for 20’ containers and $1000/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 September 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
Southeast AsiaTurkey750-775+400+4001500-1600+1000+1000
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey700-800NC1150-1250NC

The abovementioned freight rates are valid until September 30, 2016. Price ranges for geographical regions are due to freight variations depending on the port.
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