But what are you actually seeing from your members at the moment? Which trades is this most prevalent on? And what can shippers be doing to mitigate against this?

Well, I've been hearing a lot about this as well and reporting about this, because once again, we're in a a prolonged period of intense disruption to what most shippers would consider normality.

And just like we saw last year with all the announcements on US tariffs, shippers are having to make some big decisions, some short-term adjustments, and are seeing hefty increases in the costs that they expect to pay for the service that they're receiving.

So, yeah, we're back in rather familiar territory.

I see two levels working here, Charlotte.

There's obviously the huge disruption that's taken place to trades in the Middle East and in particular the Gulf states.

Obviously, most of the media coverage is about the energy exports that aren't coming out of the Gulf.

So What are your thoughts on this? Is this largely the reason that carriers are getting away with some of this questionable behaviour?