Update from the President

The first stage of mobilizing repair vessels is essentially completed. Further, all the necessary resources, tools and equipment are in place to address the repair. As we move forward, we are now entering the next phase of repair operations. As such, future updates may have fewer details due to time in transit and time in wait for ice abatement. Our intention is to consistently provide substantive information and a comprehensive overview of the progress made each day/week.

We understand that consistent communication is vital, and we appreciate your patience and understanding as we make this adjustment. Rest assured, our commitment to transparency remains unwavering. Our updates will contain detailed information about the ongoing repairs, challenges faced, and milestones achieved. No change in estimated time for repair although many options to expedite repair are being evaluated based on risk profile, probability of success, and safety. Paying close attention to the ice-free estimates/forecasts as a gating item.