Is that the window we're talking about here, and what are consequences if we continue to see this tighten through the, the Strait of Hormuz?

Hormuz?Now, I think in, uh, in, in Europe we're, we're, we're fully stocked up with, uh, with containerized goods.

Uh, more, much of that also includes, uh, some of the stuff that we would actually see going into to the peak season, uh, which is normally the third quarter of the year where the lion's share of consumerized, uh, consumer goods are moved, uh, away from, uh, the factories in Asia into the consuming regions in North America and, and North Europe.

So, so that kind of, uh, window opportunity is basically due to the, uh, the, the weather-related, uh, conditions out there.

You need to have a, a fairly ice-free, uh, passage, uh, in order to, to go via the Northern Sea route.

And, and, and that's the, uh, the window of opportunity that I'm talking about here.

Fortunately, um, being at the same time as, as the, uh, the, the merchant, uh, peak season, so to speak.

But how do you see the Strait of Hormuz reopening and shipping getting back to anywhere near approaching normal?

Uh, what is the latest in terms of rate movements at the moment?

Yeah.

Um, all of the, say, four out of five main, uh, shipping lanes that, uh, the... we, uh, uh, talk about and, and inform you guys about, uh, every, every week, uh, is down, um, most of, uh, of July.

Uh, the one exception here is Far East to, to US East Coast.

That has basically flatlined, but, uh, but also around $9,000 per FEU, so that's, uh, that's pretty staggering high.

Uh, but, uh, but we have seen a decline into the West Coast.

We have seen a decline again out of, uh, our Asia Far East into, to North Europe and, and Med.

So is this similar to what you've witnessed and are anticipating at Xeneta?

What more do you need to see then?

Yeah.

We need to see real action.

We need to see trustworthy, uh, intel that, uh, that, uh, translates into a, to real change o- on the ground, right? So, uh, so it's not been more than a few days ago where another declaration of, uh, "Okay, the world is now free, and we can, uh, once again travel safely and without interference through the Strait of Hormuz." And, and then it turned out to be a few selected US, uh, re- linked ships, uh, were under, under fire, escorted out, and, and nobody else, uh, but a few, uh, ships got hit, right? And the rest stays in there.

So, so the risk is very, very real.

We need a trustworthy permanent, uh, ceasefire and a peace deal before, uh, before real action can actually change the situation for, for the people in the region and in terms of container shipping in there, but certainly also for, for the, uh, critical energy situation for the rest of the world with, uh, with energy coming out of the area.

It sounds like from what you're saying, it's not just ending these blockades though, it's having sort of some guarantees of that security going forward too.

Yeah, absolutely.