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    Most of the freight hauliers have accounts with all the ferry operators so they don’t have all their eggs in one basket (in case of strikes etc.) So they will exploit P&O all the time they are selling space so cheaply. I agree with Reg, they will be at capacity for a while and then when their rates start to increase it might reduce quite a bit. I’m still of the view that they won’t continue in the longer term though.

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