# Sea freight prices could fall 20 per cent if Red Sea attacks curbed, says DP World

> DP World's deputy CEO said sea freight prices could fall 20-25% within two to three months if Houthi attacks on Red Sea shipping stop. Houthis said they would limit attacks to Israel-linked ships. Many major carriers continue to route around Africa, tying up at least 30% more capacity.

- Date: 2025-01-23 · published 2025-01-23T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/16975-sea-freight-prices-could-fall-20-per-cent-if-red-sea-attacks-curbed-says-dp
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A Red Sea reopening would release idle capacity and sharply lower ocean freight costs for grain and meal imports. The possibility of a Houthi pullback is a bearish freight signal, though timing is uncertain.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- bairdmaritime.com: https://www.bairdmaritime.com/shipping/ports/sea-freight-prices-could-fall-20-per-cent-if-red-sea-attacks-curbed-says-dp-world

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.