Perfect. First of all, congratulations on good set of numbers. Now two questions I have. Firstly, how are the day rates shaping up currently versus the previous quarter, both in the shipping and dry bulk segment?
And any sense particularly in dry bulk because it seems that they have firmed up in the last few weeks?
I have two questions. Firstly, now we have net cash of INR 7,000 crores. And at what levels of cash, and obviously at these prices that you, as you rightly mentioned, you are not going to buy an asset. You are just going to replace an older asset with a newer one. So, then my question is that, what levels of cash would you start increasing, increase your dividend distribution to investors? That is my first question.
So, that means, in case if this cycle continues for, let's say, for the next two years, then we will actually build up our cash balances. This is what I understand. Is it right?