Investor Presentaiton

XCELLON CAPITAL ADVISORS PEOPLE + IDEAS + SOLUTIONS Effect on the Maritime Sector Global economic output collapsed by 3.5 percent (UNCTAD, 2021). ► In 2020, the global total trade raised 12.1 billion tons and the maritime trade raised 10.7 billion tons. Even though most nations have closed their borders, the share of the maritime transport sector in world commerce has reached 90% (IMEAK, 2021). UNCTAD projected international seaborne commerce has fallen by 5.4% in 2020 and merchandise commerce by 5.4 percent, while international maritime transportation fell by 3.8%, to 10.65 billion tons. (UNCTAD, 2021). ► UNCTAD presumed that the volume of global maritime commerce decreased by 3.8% in 2020 and by 4.3% in 2021 (Tok & Ece, 2022). STATE OF THE GLOBAL MARITIME SECTOR - POST COVID-19 35 © 2023, Xcellon Capital

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