Although we saw a slowdown in shipping activity during the initial stages of COVID, things have improved rapidly over the past few months. Pent-up demand for consumer goods in particular is being realized and supporting a rebound in activity, particularly across the core shipping assets we monitor. This is reflected in the left chart, which shows global port calls. On the right, we show global port call duration by region since 2020. Since the global reopening, we have not only seen a jump in the number of port calls but duration as well, highlighting continue issues with port congestion and supply chains