Exec: Has not entered deal on Red Sea passage [**Note: responds to ShippingWatch report that 'some' shipping firms entered into deals with the Houthis to avoid attacks]

***Reminder: earlier on Jan 8th Container shipping giant China Cosco Shipping Corp. to stop delivering goods into Israel because of the threats and attacks that Houthi militants have made against vessels that sail there
- On Jan 5th MAERSK confirmed risk with Red Sea and Gulf of Aden continues to be at a significantly elevated level; To divert ALL ships from Red Sea transit; Encourage customers to prepare for complications to persist and for there to be significant disruption to global network