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Published at 25th of December 2023 05:18:56 AM


Chapter 250: [Jiangsu, Zhejiang and Shanghai Shipowners' Gathering] (Ask a monthly pass!)

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Chapter 250 [Jiangsu, Zhejiang and Shanghai Shipowners Gathering] (Ask a monthly pass!)

Back on Hong Kong Island, Wu Guangyao learned of one thing, but he didn’t take it too seriously;

That is, Bao Yu just bought a 1,000-ton freighter from London and spent a full 200,000 pounds.

It can be seen from this incident that the second-hand freighter owned by Wu Guangyao has not only not depreciated in value for so many years, but has increased in value!

Explained in economics, it is inflation.

When Wu Guangyao bought the first freighter, it only cost 400,000 US dollars (I told a news, and 50,000 US dollars a ship was exempted). According to the exchange rate at that time, it was equivalent to 100,000 pounds.

Of course, in October 1949, the pound depreciated by 30% against the U.S. dollar, which also has a certain relationship.

When the pound depreciates, the Hong Kong dollar will naturally depreciate. After all, the fixed exchange rate between the Hong Kong dollar and the British pound is 16:1.

The devaluation of the Hong Kong dollar will naturally increase the price of goods, and the wages of workers will also rise quickly; of course, wages on Hong Kong Island do not rise as fast as they do.

Wu Guangyao changed some history, thinking that Bao Yugang borrowed money from him to purchase ‘banned’ materials, but Wu Guangyao agreed. According to Bao Yugang later told himself, that time he made 150,000 Hong Kong dollars.

He not only returned his 50,000 Hong Kong dollar principal, but also paid 10,000 Hong Kong dollars in interest, which was put into the drawer by Wu Guangyao.

After so many years, with the original principal of 150,000 Hong Kong dollars more than in history, Bao Yugang does not know how many more 150,000 Hong Kong dollars he has earned.

This time I bought a cargo ship worth 200,000 pounds. I think I don’t have much to borrow!

When it was heard that Bao Yugang had also bought a freighter, Wu Guangyao, on a whim, invited several Jiangsu, Zhejiang and Shanghai shipowners on Hong Kong Island to prepare for an industry exchange conference. Bao Yugang was also invited.

With Wu Guangyao's load capacity of close to 2 million tons, it is not wrong to say that the others are small shrimps and crabs;

However, Wu Guangyao intends to support the shipowners on Hong Kong Island, so naturally he will not suppress anyone.

So far, Wu Guangyao has not opened any shipping business on Hong Kong Island, except for this container shipping.

In June 1953, Global Shipping was a second-hand ship of 650,000 tons and a new oil tanker of 450,000 tons, with a total deadweight of 1.1 million tons;

After two years of development, Global Shipping already has 1.2 million tons of second-hand ships and 800,000 tons of new oil tankers (including oil tankers under construction).

There are several reasons for the rapid development of   :

First, because of the Jeddah Agreement, global shipping has not been boycotted, but its reputation has greatly increased. Many European and American oil companies are willing to cooperate with global shipping. The price is lower than that of European, American, Greek, and Dongying shipowners; all crew members are trained by the Maritime Academy and are professional enough; these are the reasons why European and American oil companies are willing to cooperate with global shipping.

Second, after HSBC became a shareholder of Global Shipping, it not only relaxed the conditions on loans, but also used its European relationship to introduce business.

Third, Wu Guangyao deliberately did it, that is, to have as many ships as possible before the Second Middle East War. No matter how much money is owed by Global Shipping, it will be enough to pay it off in one year of blockade of Suez.

Wu Guangyao doesn’t know how much freight has gone up during that year?

But Wu Guangyao knew that Bao Yugang’s "Jinshan" had just expired, and Dongying’s Yamashita Steam Turbine Company spent several times the price to renew the contract with "Jinshan".

How many times?

Dongying has been several times, at least three times as much for European and American routes.

As the saying goes, working for one year and three years is the reason!

And Bao Yugang used that fee to buy several ships with loans. This luck is better than Wu Guangyao's!

On the day before preparing to have a party with the shipowners, the Hong Kong government suddenly called and asked Wu Guangyao to go to the Governor's Mansion.

Wu Guangyao seemed to know, but he was not sure, so he came to the Hong Kong government with excitement.

Sure enough, Wu Guangyao will go to London in September to receive the title from the British woman~Wang.

This title will not bring any substantial benefits to Wu Guangyao, but it can play a very good protective role; if it is after the return, if this title is given to me, I will not want it; but now it is different. In the future, Hong Kong Island will have such poor public security, this title can still fool some people.

I don’t know what's going on, how the matter of Wu Guangyao's appointment by the Queen was leaked, and it caused a huge sensation on Hong Kong Island for a while!

It is necessary to know that the title of jazz is much more difficult than the title of justice of the peace;

The Justice of the Peace, the Hong Kong government has the right to decide, and the title of knight must be decided by the British royal family.

In terms of quantity, the number of justices of the peace is dozens of times!

25-year-old colonial knight, but quite rare;

But the people on Hong Kong Island take it for granted. What happened to Wu Guangyao’s achievements in today’s career and the title of Baron?

On Hong Kong Island, there are 20,000 people working for Wu Guangyao, plus the number of related households, and there are 100,000 people who have something to do with Wu Guangyao. Sometimes the Hong Kong government is afraid of thinking about this issue. If Wu Guangyao has politics The tendency issue may cause a burst of super riots on Hong Kong Island.

Not only that, Wu Guangyao is a guest of Prime Minister and Cabinet Minister in Dongying; in Europe and America, he is a shipping star and a trusted big shipowner; in the world, he is the pioneer who pioneered modern containers and the leader of the'zipper king'. Production of non-metal zippers

There are so many achievements that London will not try to win, it would be too blind!

Many friends called to congratulate one another, Wu Guangyao always said casually: "It's just a fake name!"

The more downplaying Wu Guangyao, the more these friends feel that Wu Guangyao is unpredictable. I am afraid that this ambition will not be limited to a small island, but the big business man in the world!

Indeed, it is normal for a young and gentle person to have such ambitions!

Fu Sheng Hotel

Wu Guangyao, Dong Haoyun, Zhao Congyan, Cao Wenjin, Bao Yugang and other Jiangsu, Zhejiang and Shanghai shipowners gathered together.

Wu Guangyao and several other people have contacts, and everyone will occasionally get together to exchange experiences.

As for the so-called competition, it seems that the businesses of several people do not overlap very much; of course, even if they overlap, there is no way, it will not make others give up.

Zhao Congyan and Cao Wenjin made several trips to the Korean peninsula in the past few years and made a lot of risky money, but both of them were not enough, bought a boat for the profits they made, and started business in Dongying.

Dong Haoyun has the support of the local government of Taiwan Island. He has also made a lot of money in the past few years, and he has made every effort to expand his fleet.

Only Bao Yugang is a newbie in shipping. Even Bao Yugang can’t figure out why Wu Guangyao is so supporting himself!

At the beginning, even HSBC was unwilling to lend money to himself, this one lent it to himself without hesitation;

Up to now, I just bought a freighter, so I brought myself to meet these shipping seniors.

If the two are very close together, it will not be enough, because the relationship between the two is broad and not enough to support this kind of support!

It may be the new jazz, he is always willing to give a favor!

"Everyone, I would like to introduce you a newbie in shipping, Mr. Bao Yugang next to my left hand. Although he entered the bank late, I believe that with his banker's experience, he will definitely make achievements in the shipping industry in the future! "Wu Guangyao introduced to several people.

Bao Yugang is flattered, if he can get the help of several shipping seniors, then he will be able to avoid many detours.

"Thank you Guangyao for your guidance, thank you predecessors, I first entered this trip, bet all of my fortune, and fight Weiwei. If there is anything I don’t understand in the future, I hope you will be able to support you for one or two.

Everyone was polite, mainly because of Wu Guangyao's face, and would not reject this new shipowner.

"Guangyao, did your container shipping work? I heard that the profits are quite large?" Dong Haoyun asked enthusiastically.

"Whether you have any chances, you may have to experience it yourself, because the global shipping has only been running for more than a month, and you are afraid to pack tickets. If you are interested, you can try to get a ship first, or you can wait and see! If you are interested, directly contact Global Container Service Company, we can provide all technical support." Wu Guangyao said.

There are more than a dozen subsidiaries of Global Container Service Company, including container, terminal, freight, loading and unloading, cargo ship transformation services and other subsidiaries, providing a full set of container shipping services.

As long as you have money, you can enter this business!

"Wait, let me see the situation!" Dong Haoyun saw that Wu Guangyao did not give a positive answer, and he was not sure if he wanted to come.

He is kind to Wu Guangyao, he doesn’t need to lie to himself.

"Well, after half a year, you can come and investigate."

In later generations, Bao Yugang, Dong Haoyun, and Zhao Congyan are good friends, and the three of them have different priorities in the development of shipping.

Dong’s OOCL franchise container, Bao Yugang’s main force is oil tankers, and Zhao Congyan has always regarded bulk carriers as the focus.

Of course, everyone has other businesses, but there are primary and secondary development directions!

As for Cao Wenjin, this year, that is, in 1955, he first cooperated with Dongying Pharmaceutical Company and became an agent; afterwards, although Cao Wenjin has been developing shipping, it is very scattered. He cooperated with Malay, Thai and other governments to establish Fewer shipping companies.

In this life, the business of these people is destined to shrink a lot, because Wu Guangyao, the super ship king, was born.

In fact, Wu Guangyao wants to share the interests of shipowners in East Asia, Greece, Europe and the United States. The shipowners on Hong Kong Island have always been planning to win over them. However, when it develops to a certain extent in the future, it will inevitably squeeze their living space.

"Brother Cao, you took over a textile factory in Malaysia last year, and this year you are cooperating with Dongying Pharmaceutical and Chemical Industry. Tell everyone, do you want to abandon the ship and land? Or, you are not optimistic about the shipping industry?" Zhao Congyanxiang Cao Wenjin asked a question.

Everyone turned their eyes to Cao Wenjin, Bao Yugang was even more nervous, he just entered the business, will he encounter the shipping winter?

"Brother Zhao laughed. The shipping industry will only become more and more prosperous. How could I not be optimistic! I just believe in a philosophy called the egg philosophy, which means to diversify investment and diversify risks! Look at Guangyao, his industry The layout will know how perfect it is!" Cao Wenjin looked at Wu Guangyao with envy.

Seeing that he brought the topic to himself, Wu Guangyao had to spread his hands and couldn’t explain it!

"I am very optimistic about the shipping industry, especially the shipping industry on Hong Kong Island. Think about it, the world tends to be peaceful, so only the development of the economy will lead to more frequent trade exchanges between countries. What kind of transportation does it rely on? From the perspective of the development of the United States, the number of cars is increasing, the industry is becoming more and more developed, and the demand for oil will increase, and other countries will also be the same. So, the development of shipping is right!" Wu Guangyao is generous Speaking of the future trend, of course it is justified.

Everyone nodded. Everyone knew some of these truths, but Wu Guangyao seemed to be more convincing when he said it!

Next, everyone discussed the things encountered in shipping. If anyone has any questions, they will not answer privately.

This atmosphere deeply moved Bao Yugang!

This is a newbie in shipping, I found the organization!

An average of 7000+ words are updated every day. According to the normal chapter, the number of words is three chapters, so the author is not lazy!

(End of this chapter)




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