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Turkey Freight Rate Update

by ChemOrbis Editorial Team -
  • 29/11/2017 (12:45)
Freight rates from China and Southeast Asia to the Turkish market were revised down for December, according to MTS Izmir. The new rates will be in effect from December 1 until December 15, 2017.

When compared to the previous rates, freight rates for shipments from China were down by $150/container for 20’ containers and $100/container for 40’containers. Freight rates from Southeast Asia were also down by $150/container for 20’ containers and $100/ton for 40’ container.

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 December 1, 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 AsiaTurkey600-650-150-150900-950-100-100
Northwest Europe (ARA)Turkey750-850NC950-1150NC
Southern EuropeTurkey600-700NC750-850NC
Middle EastTurkey700-800NC1150-1250NC

The abovementioned freight rates are valid until December 15, 2017. Price ranges for geographical regions are due to freight variations depending on the port.
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