The safety of our crews is always a top priority and guiding principle. We will return to a Trans Suez network as soon as it is safe to do so, but as the situation remains highly dynamic, we will be prepared for either scenario. We expect to confirm the network selected for phase-in in October.

In August, our crisis management team provided an overview of the current security situation and an outlook assessment. To decide how to proceed, we look at certain triggers like demonstrated protection, threat levels and the geopolitical context to assess the security situation. There is currently no indication that we can expect the situation in the Red Sea to get better or resolved in the short term. However, there is also still some time until the phase in of the Network of the Future in February 2025, and the situation remains highly dynamic. We will return to the Red Sea as soon as it is safe to do so. For now, we are focusing on ensuring we are ready and in a strong position for either scenario, whether Trans Suez or Cape of Good Hope – and will provide further updates as we get closer to February.