Chapter 267: [Pressure from opponents! 】(Ask a monthly pass!)
If audio player doesn't work, press Stop then Play button again
Chapter 267【Pressure from opponents! 】(Ask a monthly pass!)
Onassis was a bit sneer at the large-scale shipbuilding of global shipping in the world;
Onassis feels that Wu Guangyao’s desperate behavior is a big adventure, and sooner or later he will taste the consequences!
Onassis made a lot of money in this opportunity!
Of course, because of the US framed, Onassis can only choose a US-registered company, and part of the crew is also American. Even the shipbuilding must be built in the US.
So, this caused Onassis' shipping cost, at least more than that of global shipping.
Take the monthly salary of American seafarers as an example, it is about 240 dollars; while the salary of seafarers on Hong Kong Island is only about 12 dollars (70 Hong Kong dollars), which turns out to be 20 times.
This is still the previous depreciation of the Hong Kong dollar, coupled with the large increase in workers’ wages in recent years, it has narrowed the distance;
At the end of the 1940s, the difference in wages between the two sides was 40 times, which was terrifying!
Onassis's fleet before this shipping opportunity, there are still a small number of ships signed for six months or one year contracts, after all, not everyone has the ability to predict the future!
Therefore, although Onassis has a deadweight of 3 million tons, the profit this time may not be as much as that of Global Shipping, and it is estimated to be more than 300 million US dollars.
Furthermore, Onassis is too old and dare not take any risks at all!
So he decided to invest half of the profit this time on land assets and half to build ships and repay loans.
Onassis thinks of Global Shipping’s shipbuilding costs, seafarers’ wages, and loan interest, and it has a headache. It’s so cheap!
"Boss, this time we made a total profit of 330 million U.S. dollars." An American executive reported to Onassis.
Onassis immediately forgot the envy and jealousy of Wu Guangyao, and said happily, "How much do we have on loan?"
"80 million U.S. dollars, if even the interest is connected, it is almost 100 million U.S. dollars; of course, if the boss repays early, at least 10 million U.S. dollars will be saved, and only 90 million U.S. dollars will be paid."
"Then pay it back first! So, I still have 240 million U.S. dollars; I set aside 120 million U.S. dollars as other investments, and the other 120 million U.S. dollars continue to build ships!"
"If you don't have a loan of 120 million US dollars, you can only build 14 50,000-ton tankers. In this case, we will be lower than your opponent Wu Guangyao in terms of ship capacity." The executive had to remind, because Austrian Narcis often compares Wu Guangyao with Wu Guangyao in front of these executives; of course, Onassis compares Wu Guangyao to a defeated player.
"How many tons of deadweight will he have?" Onassis felt a headache. He wanted to use the funds to invest in land-based businesses, but did not want to be compared with global shipping.
"It is estimated that in the early 1960s, he will have a carrying capacity of 5 million tons; moreover, this is still considering that part of his second-hand ships are eliminated!" The executives have some research on global shipping, so the information is sticky. Coming soon.
Onassis started pacing back and forth in the office, and the cigar in his hand began to be sent frantically into the mouth. Sometimes he picked up the whiskey on the desk and took a sip. This is a typical Mediterranean man.
Unlike Wu Guangyao, Wu Guangyao does not smoke, and he is interested in wine only when he has good food and friends.
"In this way, after we paid off the loan and set aside 120 million U.S. dollars (land investment), we loaned another 50 million U.S. dollars to build 20 50,000-ton oil tankers. In this way, by the early 1960s, we also had a deadweight of 4 million tons. In terms of the load capacity of the new ship, we are still a little bit over. As for the broken copper and iron of global shipping, European and American customers don’t like it, and only those little Dongying can look at it. Haha.” Onassis finally made it. Made a decision and made his own comfort.
In fact, without Wu Guangyao’s opponent, Onassis would have only built a ship with a deadweight of 500,000 tons, because Onassis had a deadweight of only about 4.5 million tons in the mid to late sixties; In the middle and late decades, the deadweight was only 7.5 million tons.
So, Onassis is destined to be rubbed on the ground by Wu Guangyao!
"By the way, why does your American shipbuilding company charge me 8.5 million U.S. dollars for a 50,000-ton shipbuilding fee; while Global Shipping is less than 8.3 million U.S. dollars, and even sent various services?" Onassis Said dissatisfiedly to American executives.
The senior executives were embarrassed, thinking in their hearts, have you been caught by the United States?
Furthermore, you are now a bird caged by the United States, don’t slaughter who you slaughter!
Of course, the executives never dare to say this. In the past few years, their bosses have invested money in the government of Z and gained a lot of ‘friendship’ from politicians, and they are in a much better situation.
"I'm going to talk to the shipyard! But the boss, these shipyards are so generous this time for the sake of business; we may have a little difficulty because you have an agreement and must build ships in the United States!" The executive decided to call Onassis A vaccination.
Onassis felt that it was nothing to build ships in the United States, because he did not believe in Dongying’s shipbuilding technology.
It’s just uncomfortable that the prices offered by American shipyards to others are even cheaper, and services are also delivered. It’s really TMD when Onassis is a triumphant, don’t worry!
Later generations commented on Bao Yugang, saying that he had the stability and caution of a banker to create a maritime kingdom.
So what about his own thoughts?
Bao Yu just watched the short-term charter owners make a big profit, and at this time, he felt complaining about himself.
The Dongying market is 32 dollars a ton, and the European and American markets are 60 dollars a ton!
How attractive the price is, Bao Yugang not only thought of it!
In fact, it is precisely because of Bao Yugang’s idea of seeking stability that he developed very slowly throughout the mid to late 1950s;
What really made him take off was in the 1960s, the support of HSBC, and the long-term goodwill with Dongying customers!
However, in this life, HSBC will never fully support Bao Yugang; of course, the loan should not be rejected, after all, HSBC does this.
When I heard that Wu Guangyao used 400 million US dollars to build a new ship, Bao Yugang was so shocked that he was still a little bit unwilling to eat at home.
"Yugang, what's the matter, something is on my mind?" Bao Zhaolong said majesticly.
Bao Yugang has admired his father Bao Zhaolong since he was a child, and he also likes to ask his father’s opinions in business.
"Global shipping has grown to 5 million tons, and I can't even afford 50,000 tons of ships, I can't help but feel a little sad!" Bao Yugang said honestly.
"Naughty, you have only been in the industry for a few years, how many years have others been in the industry, can you compare with him? Moreover, you encountered a big opportunity in shipping when you started your shipping business. One year. You don't want to think about how lucky you are! Many people envy you before it is too late and you are not satisfied." Bao Zhaolong reprimanded.
Bao Yugang suddenly realized that he was guilty of jealous disease; don’t you know, why don’t others envy yourself?
"Father is right, and the child knows it is wrong!"
In early May, the Suez Canal was reopened, and shipping prices began to fall.
It is not what Wu Guangyao imagined at the beginning, the price fell back to the price in June last year;
It turned out that although the distance has been shortened again, due to the squeeze of the goods and the shortage of oil in Europe and the United States, the freight price has only been halved.
In other words, the shipping fee for Europe and the United States is US$30 per meal, and the shipping fee for Dongying is US$16 per meal.
Of course, the price will fall sharply. It is estimated that by July, the price will fall back to the level of last June.
Then, the price will continue to fall, and the final stable price may be about 70% to 80% of last year's price.
This time in April, Wu Guangyao did not propose to sign long-term contracts with Dongying’s customers because it was unrealistic.
Everyone is not a fool, every time you play Wu Guangyao's routine!
Of course, Wu Guangyao is not without hole cards behind—
70% of Dongying’s customers have signed a memorandum of cooperation with Global Shipping, and will give priority to Global Shipping in business; in this way, at least Global Shipping does not have to be intermittent in business.
European and American customers have also enjoyed a lot of discounts this time, and global shipping has been listed as a key partner for cooperation; coupled with the price advantage of global shipping and the quality of seafarers, there is no need to worry about future business.
(End of this chapter)
Please report us if you find any errors so we can fix it asap!
Chapter 267【Pressure from opponents! 】(Ask a monthly pass!)
Onassis was a bit sneer at the large-scale shipbuilding of global shipping in the world;
Onassis feels that Wu Guangyao’s desperate behavior is a big adventure, and sooner or later he will taste the consequences!
Onassis made a lot of money in this opportunity!
Of course, because of the US framed, Onassis can only choose a US-registered company, and part of the crew is also American. Even the shipbuilding must be built in the US.
So, this caused Onassis' shipping cost, at least more than that of global shipping.
Take the monthly salary of American seafarers as an example, it is about 240 dollars; while the salary of seafarers on Hong Kong Island is only about 12 dollars (70 Hong Kong dollars), which turns out to be 20 times.
This is still the previous depreciation of the Hong Kong dollar, coupled with the large increase in workers’ wages in recent years, it has narrowed the distance;
At the end of the 1940s, the difference in wages between the two sides was 40 times, which was terrifying!
Onassis's fleet before this shipping opportunity, there are still a small number of ships signed for six months or one year contracts, after all, not everyone has the ability to predict the future!
Therefore, although Onassis has a deadweight of 3 million tons, the profit this time may not be as much as that of Global Shipping, and it is estimated to be more than 300 million US dollars.
Furthermore, Onassis is too old and dare not take any risks at all!
So he decided to invest half of the profit this time on land assets and half to build ships and repay loans.
Onassis thinks of Global Shipping’s shipbuilding costs, seafarers’ wages, and loan interest, and it has a headache. It’s so cheap!
"Boss, this time we made a total profit of 330 million U.S. dollars." An American executive reported to Onassis.
Onassis immediately forgot the envy and jealousy of Wu Guangyao, and said happily, "How much do we have on loan?"
"80 million U.S. dollars, if even the interest is connected, it is almost 100 million U.S. dollars; of course, if the boss repays early, at least 10 million U.S. dollars will be saved, and only 90 million U.S. dollars will be paid."
"Then pay it back first! So, I still have 240 million U.S. dollars; I set aside 120 million U.S. dollars as other investments, and the other 120 million U.S. dollars continue to build ships!"
"If you don't have a loan of 120 million US dollars, you can only build 14 50,000-ton tankers. In this case, we will be lower than your opponent Wu Guangyao in terms of ship capacity." The executive had to remind, because Austrian Narcis often compares Wu Guangyao with Wu Guangyao in front of these executives; of course, Onassis compares Wu Guangyao to a defeated player.
"How many tons of deadweight will he have?" Onassis felt a headache. He wanted to use the funds to invest in land-based businesses, but did not want to be compared with global shipping.
"It is estimated that in the early 1960s, he will have a carrying capacity of 5 million tons; moreover, this is still considering that part of his second-hand ships are eliminated!" The executives have some research on global shipping, so the information is sticky. Coming soon.
Onassis started pacing back and forth in the office, and the cigar in his hand began to be sent frantically into the mouth. Sometimes he picked up the whiskey on the desk and took a sip. This is a typical Mediterranean man.
Unlike Wu Guangyao, Wu Guangyao does not smoke, and he is interested in wine only when he has good food and friends.
"In this way, after we paid off the loan and set aside 120 million U.S. dollars (land investment), we loaned another 50 million U.S. dollars to build 20 50,000-ton oil tankers. In this way, by the early 1960s, we also had a deadweight of 4 million tons. In terms of the load capacity of the new ship, we are still a little bit over. As for the broken copper and iron of global shipping, European and American customers don’t like it, and only those little Dongying can look at it. Haha.” Onassis finally made it. Made a decision and made his own comfort.
In fact, without Wu Guangyao’s opponent, Onassis would have only built a ship with a deadweight of 500,000 tons, because Onassis had a deadweight of only about 4.5 million tons in the mid to late sixties; In the middle and late decades, the deadweight was only 7.5 million tons.
So, Onassis is destined to be rubbed on the ground by Wu Guangyao!
"By the way, why does your American shipbuilding company charge me 8.5 million U.S. dollars for a 50,000-ton shipbuilding fee; while Global Shipping is less than 8.3 million U.S. dollars, and even sent various services?" Onassis Said dissatisfiedly to American executives.
The senior executives were embarrassed, thinking in their hearts, have you been caught by the United States?
Furthermore, you are now a bird caged by the United States, don’t slaughter who you slaughter!
Of course, the executives never dare to say this. In the past few years, their bosses have invested money in the government of Z and gained a lot of ‘friendship’ from politicians, and they are in a much better situation.
"I'm going to talk to the shipyard! But the boss, these shipyards are so generous this time for the sake of business; we may have a little difficulty because you have an agreement and must build ships in the United States!" The executive decided to call Onassis A vaccination.
Onassis felt that it was nothing to build ships in the United States, because he did not believe in Dongying’s shipbuilding technology.
It’s just uncomfortable that the prices offered by American shipyards to others are even cheaper, and services are also delivered. It’s really TMD when Onassis is a triumphant, don’t worry!
Later generations commented on Bao Yugang, saying that he had the stability and caution of a banker to create a maritime kingdom.
So what about his own thoughts?
Bao Yu just watched the short-term charter owners make a big profit, and at this time, he felt complaining about himself.
The Dongying market is 32 dollars a ton, and the European and American markets are 60 dollars a ton!
How attractive the price is, Bao Yugang not only thought of it!
In fact, it is precisely because of Bao Yugang’s idea of seeking stability that he developed very slowly throughout the mid to late 1950s;
What really made him take off was in the 1960s, the support of HSBC, and the long-term goodwill with Dongying customers!
However, in this life, HSBC will never fully support Bao Yugang; of course, the loan should not be rejected, after all, HSBC does this.
When I heard that Wu Guangyao used 400 million US dollars to build a new ship, Bao Yugang was so shocked that he was still a little bit unwilling to eat at home.
"Yugang, what's the matter, something is on my mind?" Bao Zhaolong said majesticly.
Bao Yugang has admired his father Bao Zhaolong since he was a child, and he also likes to ask his father’s opinions in business.
"Global shipping has grown to 5 million tons, and I can't even afford 50,000 tons of ships, I can't help but feel a little sad!" Bao Yugang said honestly.
"Naughty, you have only been in the industry for a few years, how many years have others been in the industry, can you compare with him? Moreover, you encountered a big opportunity in shipping when you started your shipping business. One year. You don't want to think about how lucky you are! Many people envy you before it is too late and you are not satisfied." Bao Zhaolong reprimanded.
Bao Yugang suddenly realized that he was guilty of jealous disease; don’t you know, why don’t others envy yourself?
"Father is right, and the child knows it is wrong!"
In early May, the Suez Canal was reopened, and shipping prices began to fall.
It is not what Wu Guangyao imagined at the beginning, the price fell back to the price in June last year;
It turned out that although the distance has been shortened again, due to the squeeze of the goods and the shortage of oil in Europe and the United States, the freight price has only been halved.
In other words, the shipping fee for Europe and the United States is US$30 per meal, and the shipping fee for Dongying is US$16 per meal.
Of course, the price will fall sharply. It is estimated that by July, the price will fall back to the level of last June.
Then, the price will continue to fall, and the final stable price may be about 70% to 80% of last year's price.
This time in April, Wu Guangyao did not propose to sign long-term contracts with Dongying’s customers because it was unrealistic.
Everyone is not a fool, every time you play Wu Guangyao's routine!
Of course, Wu Guangyao is not without hole cards behind—
70% of Dongying’s customers have signed a memorandum of cooperation with Global Shipping, and will give priority to Global Shipping in business; in this way, at least Global Shipping does not have to be intermittent in business.
European and American customers have also enjoyed a lot of discounts this time, and global shipping has been listed as a key partner for cooperation; coupled with the price advantage of global shipping and the quality of seafarers, there is no need to worry about future business.
(End of this chapter)
Chapter 267Pressure from opponents! Ask a monthly pass!Onassis was a bit sneer at the large-scale shipbuilding of global shipping in the world;Onassis feels that Wu Guangyao's desperate behavior is a big adventure, and sooner or later he will taste the consequences!Onassis made a lot of money in this opportunity!Of course, because of the US framed, Onassis can only choose a US-registered company, and part of the crew is also American. Even the shipbuilding must be built in the US.So, this caused Onassis' shipping cost, at least more than that of global shipping.Take the monthly salary of American seafarers as an example, it is about 240 dollars; while the salary of seafarers on Hong Kong Island is only about 12 dollars 70 Hong Kong dollars, which turns out to be 20 times.This is still the previous depreciation of the Hong Kong dollar, coupled with the large increase in workers' wages in recent years, it has narrowed the distance;At the end of the 1940s, the difference in wages between the two sides was 40 times, which was terrifying!Onassis's fleet before this shipping opportunity, there are still a small number of ships signed for six months or one year contracts, after all, not everyone has the ability to predict the future!Therefore, although Onassis has a deadweight of 3 million tons, the profit this time may not be as much as that of Global Shipping, and it is estimated to be more than 300 million US dollars.Furthermore, Onassis is too old and dare not take any risks at all!So he decided to invest half of the profit this time on land assets and half to build ships and repay loans.Onassis thinks of Global Shipping's shipbuilding costs, seafarers' wages, and loan interest, and it has a headache. It's so cheap!"Boss, this time we made a total profit of 330 million U.S. dollars." An American executive reported to Onassis.Onassis immediately forgot the envy and jealousy of Wu Guangyao, and said happily, "How much do we have on loan?""80 million U.S. dollars, if even the interest is connected, it is almost 100 million U.S. dollars; of course, if the boss repays early, at least 10 million U.S. dollars will be saved, and only 90 million U.S. dollars will be paid.""Then pay it back first! So, I still have 240 million U.S. dollars; I set aside 120 million U.S. dollars as other investments, and the other 120 million U.S. dollars continue to build ships!""If you don't have a loan of 120 million US dollars, you can only build 14 50,000-ton tankers. In this case, we will be lower than your opponent Wu Guangyao in terms of ship capacity." The executive had to remind, because Austrian Narcis often compares Wu Guangyao with Wu Guangyao in front of these executives; of course, Onassis compares Wu Guangyao to a defeated player."How many tons of deadweight will he have?" Onassis felt a headache. He wanted to use the funds to invest in land-based businesses, but did not want to be compared with global shipping."It is estimated that in the early 1960s, he will have a carrying capacity of 5 million tons; moreover, this is still considering that part of his second-hand ships are eliminated!" The executives have some research on global shipping, so the information is sticky. Coming soon.Onassis started pacing back and forth in the office, and the cigar in his hand began to be sent frantically into the mouth. Sometimes he picked up the whiskey on the desk and took a sip. This is a typical Mediterranean man.Unlike Wu Guangyao, Wu Guangyao does not smoke, and he is interested in wine only when he has good food and friends."In this way, after we paid off the loan and set aside 120 million U.S. dollars land investment, we loaned another 50 million U.S. dollars to build 20 50,000-ton oil tankers. In this way, by the early 1960s, we also had a deadweight of 4 million tons. In terms of the load capacity of the new ship, we are still a little bit over. As for the broken copper and iron of global shipping, European and American customers don't like it, and only those little Dongying can look at it. Haha. Onassis finally made it. Made a decision and made his own comfort.In fact, without Wu Guangyao's opponent, Onassis would have only built a ship with a deadweight of 500,000 tons, because Onassis had a deadweight of only about 4.5 million tons in the mid to late sixties; In the middle and late decades, the deadweight was only 7.5 million tons.So, Onassis is destined to be rubbed on the ground by Wu Guangyao!"By the way, why does your American shipbuilding company charge me 8.5 million U.S. dollars for a 50,000-ton shipbuilding fee; while Global Shipping is less than 8.3 million U.S. dollars, and even sent various services?" Onassis Said dissatisfiedly to American executives.The senior executives were embarrassed, thinking in their hearts, have you been caught by the United States?Furthermore, you are now a bird caged by the United States, don't slaughter who you slaughter!Of course, the executives never dare to say this. In the past few years, their bosses have invested money in the government of Z and gained a lot of friendship' from politicians, and they are in a much better situation."I'm going to talk to the shipyard! But the boss, these shipyards are so generous this time for the sake of business; we may have a little difficulty because you have an agreement and must build ships in the United States!" The executive decided to call Onassis A vaccination.Onassis felt that it was nothing to build ships in the United States, because he did not believe in Dongying's shipbuilding technology.It's just uncomfortable that the prices offered by American shipyards to others are even cheaper, and services are also delivered. It's really TMD when Onassis is a triumphant, don't worry!Later generations commented on Bao Yugang, saying that he had the stability and caution of a banker to create a maritime kingdom.So what about his own thoughts?Bao Yu just watched the short-term charter owners make a big profit, and at this time, he felt complaining about himself.The Dongying market is 32 dollars a ton, and the European and American markets are 60 dollars a ton!How attractive the price is, Bao Yugang not only thought of it!In fact, it is precisely because of Bao Yugang's idea of seeking stability that he developed very slowly throughout the mid to late 1950s;What really made him take off was in the 1960s, the support of HSBC, and the long-term goodwill with Dongying customers!However, in this life, HSBC will never fully support Bao Yugang; of course, the loan should not be rejected, after all, HSBC does this.When I heard that Wu Guangyao used 400 million US dollars to build a new ship, Bao Yugang was so shocked that he was still a little bit unwilling to eat at home."Yugang, what's the matter, something is on my mind?" Bao Zhaolong said majesticly.Bao Yugang has admired his father Bao Zhaolong since he was a child, and he also likes to ask his father's opinions in business."Global shipping has grown to 5 million tons, and I can't even afford 50,000 tons of ships, I can't help but feel a little sad!" Bao Yugang said honestly."Naughty, you have only been in the industry for a few years, how many years have others been in the industry, can you compare with him? Moreover, you encountered a big opportunity in shipping when you started your shipping business. One year. You don't want to think about how lucky you are! Many people envy you before it is too late and you are not satisfied." Bao Zhaolong reprimanded.Bao Yugang suddenly realized that he was guilty of jealous disease; don't you know, why don't others envy yourself?"Father is right, and the child knows it is wrong!"In early May, the Suez Canal was reopened, and shipping prices began to fall.It is not what Wu Guangyao imagined at the beginning, the price fell back to the price in June last year;It turned out that although the distance has been shortened again, due to the squeeze of the goods and the shortage of oil in Europe and the United States, the freight price has only been halved.In other words, the shipping fee for Europe and the United States is US$30 per meal, and the shipping fee for Dongying is US$16 per meal.Of course, the price will fall sharply. It is estimated that by July, the price will fall back to the level of last June.Then, the price will continue to fall, and the final stable price may be about 70% to 80% of last year's price.This time in April, Wu Guangyao did not propose to sign long-term contracts with Dongying's customers because it was unrealistic.Everyone is not a fool, every time you play Wu Guangyao's routine!Of course, Wu Guangyao is not without hole cards behind70% of Dongying's customers have signed a memorandum of cooperation with Global Shipping, and will give priority to Global Shipping in business; in this way, at least Global Shipping does not have to be intermittent in business.European and American customers have also enjoyed a lot of discounts this time, and global shipping has been listed as a key partner for cooperation; coupled with the price advantage of global shipping and the quality of seafarers, there is no need to worry about future business.End of this chapter
