Winscp 404 error on saved session

We are getting 404 not found error on a saved session when connecting via webdav. Log file attached.

Your stored site has /shared_with_me/RVD To BMG set an initial remote path. That path does not seem to exist (maybe it existed in the past). So just navigate to any other valid path. Or to a root (/). You can use Open Directory command.
https://winscp.net/eng/docs/task_navigate#manual