Freight rates on routes linking Asia, the Gulf and East Africa have fallen from recent highs.
Container freight rates on routes linking Asia, the Gulf and East Africa have eased in recent weeks, according to industry indices.
Analysts attribute the decline partly to a gradual recovery in Red Sea traffic and new vessel capacity entering service.
Importers in the Horn of Africa said lower freight costs could eventually ease prices, though the effect usually takes months to reach shop shelves.