Jon Chappell: Yeah. That makes sense. Thanks, Jacob. Thanks, Kim.
Operator: The next question on the line is Anders Karlsen with Kepler Cheuvreux. Please go ahead.
Anders Karlsen: Yeah. Thank you. Much of my questions were really answered. But I was thinking at what level do you think that it will be sensible to enter into term charters? I mean, today’s levels are quite good. But at what level are you tempted, can you give any guidance on that?
Jacob Meldgaard: Yeah. Thank you, Anders. Obviously, we need to reflect on that constantly. Currently, we are not tempted. We don’t think that the pressure that we are experiencing in our daily sort of trending our ships and where the utilization really is that, that is currently reflected in the term rates. And we will probably, today, look towards going slightly longer. We are not that concerned. Of course, there could be something of a black swan event that we don’t know of. But currently, we are not really news about being open for the foreseeable future. So it makes not much sense to go short charters like 1, 2 years. I really think that you need to see time charter rates for longer, more strategically 3, 5 years to really move up from where they are before we are tempted. I don’t have a precise number, but it’s not where they are now.
Anders Karlsen: Okay. No, that’s fine. And in terms of potential acquisitions, you mentioned you could use your share, you also have the MR proceeds. Where would you kind of focus that, would that be in the MR segment or in the bigger segments?
Jacob Meldgaard: So I think we don’t – I mean, we are in constant dialogue in the market. And clearly, what we tried to do over the last – not since the market has jumped, but let’s say before was to move for the larger sizes. So our preference would be to go for 2L1 But at the same time, I think we have a really strong platform in MR. So we wouldn’t be shy to also look at that if it’s the right assets. But probably slight preference if I had the luxury of choice to go for larger ships.
Anders Karlsen: Okay. That’s all for me. Thank you.
Jacob Meldgaard: Thank you, Anders.
Operator: There are no further questions on the phone. I will hand over to Andreas for any web questions.
Andreas Abildgaard-Hein: Thank you. We have one question on the web here. So you have reclassified two vessels that were held for sale. Can you elaborate some more on that decision? How do you look at your fleet going forward?
Jacob Meldgaard: Yes, that’s correct that we had two vessels that we had assets for sale. In the current environment, we simply found that the earning potential from operating the vessels in comparison with the straight sale that is more attractive for us to maintain the vessels in the fleet. So that was a decision that we have made deliberately during the quarter. And as I mentioned before, we are actually quite pleased with the fleet the way it is right now and feel we’ve got the right tools in the toolbox to harvest in the current environment.
Andreas Abildgaard-Hein: Jacob, I think we covered the remaining – any questions already. So this concludes the earnings conference call regarding the results for the third quarter and the first 9 months of 2022. Thank you for participating.
Operator: Ladies and gentlemen, the conference has now concluded, and you may disconnect your telephones. Thank you very much for joining, and have a pleasant day. Good bye.
