Chinese Golden Week holiday travel data show domestic tourist numbers increased by 70% year-on-year. Recovering above 2019 levels, and this is from data from the Chinese Ministry of Tourism. Data from the ministry also revealed that flight traffic jumped up 500% year on year and 4.2% above 2019 levels. We are more focused internally on Chinese transportation and travel demand as opposed to COVID recovery driver of oil demand. On both segments, we looked to take advantage of longer voyages when opportunities arose.

Jun 29, 2023 / receipt, needs a key / Konstantinos Ikhinomopoulos, Chief Development Officer | earnings call 2023-06-29 | transcript b041dcad-2d7c-488f-9d38-d4269d03c726 | chars 4686-5205 | segment 4