In terms of physical progress on MV Glen Rosa, we are pleased to report the following milestones: • Installation of mezzanine car decks • Shaft line setup and gap sag measurements underway • Initial insulation inspections commenced by the MCA • Switchboards positioned • Manufacture and delivery of Wartsila pipework for TCS completed • Anchor windlass gypsies manufacture complete • A new manager appointed to oversee pipe shop operations Additionally, the commissioning-based schedule is now being driven by focused short-term planning and daily coordination meetings, aimed at securing timely progress across all key stages. 1 O ver the next month we intend to progress a further stage of review and assurance activity to ensure the MV Glen Rosa operational plan has been fully optimised from the perspective of costs and handover date...