Hapag-Lloyd and Maersk deny reports of negotiations with Houthis

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Reports yesterday that some shipping lines were negotiating with the Houthis for safe passage in the Red Sea saw shares at Hapag-Lloyd and Maersk fall, according to Morningstar. However, investors were reassured when the lines denied any talks with the Houthis and it was revealed by ShippingWatch that they were not among “the largest container carriers” involved.