
We celebrate the achievement of a milestone with one of our partners Ningbo Huabo Inc. that recently entered a multimillion dollar contract with Mediterranean Shipping Company (MSC) to expand its reach in North America. Huabo is already one of the biggest NVOCC carriers in the port city of Ningbo with over 10 million dollars in total shipment costs monthly. This adds to the list that already has MAERSK, and COSCO. We at DFYDN already enjoy excellent shipping services, especially Sub-Saharan Africa, Southern and Eastern Africa Region, that includes warehousing, competitive spot market pricing. We have exceeded $200,000 in shipment costs in the first quarter of 2022. One of the resultant effect is that we can serve our customer better by improving their cash to cash cycle.