SEOUL, Oct 4 Reuters Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected.

Evergreen Marine, Wan Hai Lines and Yang Ming Marine in Taiwan fell between 8.8 and 10 in their heaviest drops for several months.

Japanese shippers Nippon Yusen, Kawasaki Kisen and Mitsui OSK Lines logged drops between 7 and 9 and were the largest decliners on the Topix index.

Investors who hoped for a shortterm rebound in freight charges, which are in a downward trend, are selling as the strike ended, said Yang Jihwan, an analyst at Daishin Securities.

Reporting by Jihoon Lee in Seoul and Tom Westbrook in Sydney; Editing by Muralikumar Anantharaman

Source Reuters