I mean, if Russia acts as, uh, some kind of future toll keeper, uh, for this, uh, Arctic passage, much like Iran or the Houthis, uh, uh, are doing currently around the Arabian Peninsula, how can Europe, how can European a- and Asian economies safely rely on this corridor without, without essentially giving Moscow greater geopolitical leverage?

leverage?No, that's exactly the, the, the key point here is that one thing is, is ice melting.

That's on one side of the coin.

The other side of the coin is the political, uh, sanctions and, and policies in place.

That's why a lot of companies, even though is, they're able to sail on the Northern Sea Route, they're deciding not to sail there.

So we have heard statements from major European shipping companies saying they will not sail on the Northern Sea Route.

Interestingly enough, you also have China, COSCO, the largest shipping company in China, have, they are not sailing on the Northern Sea Route.

I mean, from a purely business and economic standpoint, uh, Mads, are, are we, are we watching the Earth's last great wilderness here, um, transform into the next major zone of friction?