Six vessels have now transited the Kaelmar corridor under the framework signed three weeks ago at the Foreign Office on Chancery Row. None has been inspected. None has been delayed. None has filed a claim.

The fifth was the Stellan, a 1,400-tonne Thessarine cargo vessel under Captain Ingrid Brandt, forty-one, carrying copper ingots, raw textiles, and bottled Thessarine lamp oil westbound for Edgeminster. She filed her manifest on Wednesday, entered the corridor Friday at dawn, and cleared the western approach Saturday at 6:22 AM. The Joint Maritime Inspection Commission logged the transit without selecting the vessel for inspection.

The sixth was the Fair Wind, a Delvarian-flagged bulk carrier of 1,100 tonnes under Captain Lorenz Galt, eastbound with grain and machine parts. She cleared the eastern approach Monday at 3:15 PM. Henrik Dahl, the Ashford Republic observer on the commission, filed his third quarterly observation: “consistent with the framework in all material respects.”

It is the third time Dahl has used those exact words. They are becoming the corridor’s epitaph.

Copper closed Monday at 667 florins per tonne — a thirty-second consecutive daily decline and its lowest level since early December. The Eastern Spice Index stands at 218, well below the pre-crisis baseline of 295 and far below its crisis peak of 356. The Bramblegate Exchange traded corridor-route copper futures at a 3-florin discount to spot on Monday afternoon — the first time futures have traded below spot since before the crisis, a signal that the market expects further declines.

Sybil Tremayne of Fairweather & Chalk has reduced the corridor surcharge to 110 percent of pre-crisis rates, down from 115 percent last week and 140 percent at the framework’s signing. Twelve of fourteen Insurance Exchange firms are now writing corridor cover.

Harbourside Mutual has been writing policies since Monday of last week. The only remaining holdout, Blackwell & Pierce, is understood to be conducting an internal review. A spokesman said only that the firm “continues to assess the risk environment.”

Two more vessels have filed manifests for passage later this week — a Thessarine chemical tanker and an Ashford Republic grain carrier. By the end of April, the corridor may have processed a dozen transits.

Professor Elias Thornbury, of the Bobington Institute for Foreign Affairs, was asked on Monday whether the corridor could now be considered a success.

“It can be considered operational,” he said. “Success will require the ninety-day review to produce something more durable than a trial framework. But the evidence is accumulating in the right direction.”

He paused, in the way that Thornbury pauses when he is about to say something he considers important.

“The most significant thing about these six transits is that they are not significant. That was the entire point.”

In Kharstad, the Kharstad Gazette ran a four-line item on the Fair Wind’s transit on page five, between shipping notices and a grain subsidy announcement. In Thessara, the Confederation Herald placed the Stellan’s passage on page two with a photograph of the vessel entering port.

At the Foreign Office on Chancery Row, lights were off by six o’clock. The quiet channel, it seems, has done its work.