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202402-21Red Sea crisis may disrupt global economy for a year! Shipping rates to stay high in H1.The Red Sea crisis is causing the first deterioration in the supply chain for manufacturers in the Eurozone and the UK in a year. -
202402-18Embarking on a Prosperous Journey: MASTER Resumes Operations After the Lunar New Year -
202402-09Happy Chinese Lunar New Year! MASTER Group extends our sincerest wishes.MASTER Group extends our warmest wishes to all our business partners. -
202402-06The Spring Festival is here: Where are container spot prices heading?As the haze of the Chinese New Year celebrations for the "Year of the Dragon" unfolds from February 10th to 15th, 2024, it seems that container spot prices have finally relinquished the green sprint that began due to the interruption in the Red Sea. -
202401-29Headline: Flash! Container Freight Rates Soar as Red Sea-Driven Momentum WeakensNear the Cape of Good Hope in Africa, a significant number of container ships changing course has led to a surge in spot prices, but the impact from the Red Sea may have reached its limit. -
202401-29The number of container ships transiting the Panama Canal has seen an increaseThe number of container ships transiting the Panama Canal has seen an increase. -
202401-19Due to the impact of drought, the toll revenue of the Panama Canal has been steadily decreasingThe Panama Canal administrator stated on Wednesday that since October of last year, toll revenues have been decreasing by approximately $100 million per month. -
202401-15Chinese New Year Approaches + Red Sea Attacks: Short-Term Surge in Asian Container DemandContainer leasing platform Container xChange reports that in the past two months, shipping companies have ordered over 750,000 TEUs of ISO containers in China. -
202401-11Global Expansion Unveiled: MASTER Launches Korea BranchMASTER is pleased to announce that our Korean branch has officially opened in 2024-1-9, bringing efficient and reliable freight forwarding services to the Korean market. -
202401-09The intensification of disruptions and rising costs: Freight rates surge on the U.S. West CoastShipping costs from Asia to West Coast ports are on the rise, a direct consequence of the Red Sea crisis.
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