Mr. Glenn Carr:

We should not underestimate the funding support that will be required. While we are talking about a multibillion euro industry, the reality, from a commercial point of view at the mandated ports, is that the bankable contracts we are talking about are not in place. Those contracts will be for certain durations as each project emerges. If we consider returns on investments over the short term, it should be noted that ports offer a very long-term return on an investment. Mechanisms will have to be found to support the ports and raise the capital in order to build the facilities and ensure they are in place in time.