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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 29/09/2017 (09:58)
Freight rates from China and Southeast Asia to the Turkish market were revised down, according to MTS Izmir. The new rates will be in effect from September 29 until October 30, 2017.

When compared to the previous rates, freight rates for shipments from China were down by $100/container on both ends for 20’ containers. Rates for 40’containers were also down by $200-250/container. Freight rates from Southeast Asia were down by $100/container for 20’ containers and by $200/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 29, 2017 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 AsiaTurkey800-850-100-100 1100-1150-200-200
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey700-800NC1150-1250NC

The abovementioned freight rates are valid until October 30, 2017. Price ranges for geographical regions are due to freight variations depending on the port.
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