vincent clerc, a real pleasure having you on the show. t, let me start with this, because you sat back on the 2nd of january that you would suspend all sailings through the red sea because of the attacks on commercial shipping. so, just explain, vincent, what are those risks? correct me if i'm wrong, you have had at least two of your ships already attacked, right? yes, you are right. actually, this is starting to unfold as a widening of the conflict that we are seeing in the middle east already in the month of december. we had a first wave of attack, and one of our ships at the time was already under attack. we suspended temporarily that transit in their following the attacks, and then following some interaction with operation prosperity guardian, led by the us navy, we felt that we had the guarantees that we needed in order to guarantee safe passage for our crew, for our ships and for our customers cargo. and as we took this on, some of the ships went through and the maersk ship was attacked. it was attacked actually outside the zone that

it's taking longer, it costs more and vincent clerc goes through in a very clear way exactly how that increased cost comes about. >> i think the level of threat today is really, really hard to assess on an objective basis, and i completely understand that. for us this is really about guaranteeing the safety of our crew, of our ships, and also of the cargo our customers are trusting us with. >> reporter: you'll have to take the long way around which is about 10 to 14 days depending on, as i understand -- >> that is correct. >> reporter: what is that in terms of cost? >> the exact cost of it is something that is really unfolding and we're trying to get our arms around. i have different levels. it takes about 8,000 miles more to get from china to the uk, south of the horn. that takes a couple of weeks, ships that have to go full throttle, more fuel. they will not be, despite that, back on time in china, and the containers take a longer time. you have costs piling on here, and the longer this lasts, the more it will cost. >> reporter: the fascinating part of that is they literally have to