9,659.48 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
46.25 TRY Interest Interest
74.48 USD Fossil Oil Fossil Oil
33.77 USD Silver Silver
5.04 USD Copper Copper
102.21 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,803.99 TRY Gold (gr) Gold (gr)

Emergency adjustment charges implemented on international shipments

Global shipping landscape faces major shifts with emergency adjustment charges and rate adjustments. There is an increase in freight rates depending on market dynamics.

Emergency adjustment charges implemented on international shipments

In a significant development set to take effect from January 18, 2024, emergency adjustment charges of $1,500 per container will be implemented for shipments from India to the U.S. East Coast, U.S. Gulf Coast, and San Juan. This change is in response to the evolving Red Sea conditions, leading to the withdrawal of all previously quoted rates.

Moreover, starting December 19, a parallel adjustment will be applied to new reservations destined for Mexico, Canada, Central America, and the Caribbean, also at a rate of $1,500 per container. Notably, freight rates to Africa are experiencing an increase in response to market dynamics. 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye's rebar exports increased by 18.4% in February

Wednesday, April 2, 2025

Uncertainty over US-China trade forces market participants to act cautiously

Wednesday, April 2, 2025

Fagersta Stainless increases production capacity with Danieli technologies

Wednesday, April 2, 2025

ERDEMİR published its integrated annual report for 2024

Wednesday, April 2, 2025

Russian billet prices increased in March

Wednesday, April 2, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now