Gerrit, how has the LNG market adapted to the closure of Hummer's?

So obviously you can't just take out one fifth of the world's LNG supply and expect markets to not respond pretty strongly.

Paradoxically, while you might have expected rates to completely crater with so much cargo to base disappearing, we've actually seen the complete opposite happening.

What's ended up happening is you've had mostly U.S. volumes replacing Qatari volumes where possible, which has obviously greatly increased ton mile demand.

There are fewer cargoes going far longer distance, and I think you've seen similar effects happening elsewhere on the VLGC market, for example.

This has also led to some other interesting effects.

You've had record Russian LNG flows into Europe.

So I guess all of that sounds pretty positive on a long-term basis then.