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Published at 25th of December 2023 05:17:12 AM


Chapter 314: [Dismantle old ships and build new ships! 】

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Chapter 314 [Dismantle old ships, build new ships! 】

In mid-October, Cheung Kong Holdings issued an announcement:

[Changjiang Industrial spent HK$57.2 million to purchase 1.1 million square feet of Cheung Kong Real Estate, a total of 9 residential plots; and decided to develop three of these plots at the same time and build them into residential communities. If shareholders have any comments, please come to our company for inquiries! 】

The relationship between Cheung Kong Real Estate and Cheung Kong Holdings was soon revealed!

The citizens suddenly realized that it turned out that it was the "shark brave" on the left hand and the right hand!

The response of the Kowloon Stock Exchange was the fastest, and the survey of Cheung Kong Holdings was carried out at the fastest speed and announced to the majority of shareholders.

【Kowloon Stock Exchange Announcement: After investigation, the market price of the nine plots of Cheung Kong Properties will not be lower than 52 Hong Kong dollars per square foot, and the total area of ​​the nine plots is 1.113 million square feet. 】

The implication is that this transaction is reasonable, reasonable and legal!

Of course, not only the Kowloon Stock Exchange but also the media, industry figures, competitors, and Hong Kong government departments have all investigated this matter.

Without any handle left to everyone, the credibility of "Shark Bold" in doing business has been affirmed again!

Moreover, in terms of price, ‘Shark Bold’ even took care of Cheung Kong Holdings!

It just makes everyone wonder, why didn’t ‘Shark Bold’ not use Cheung Kong to buy the land in the first place?

Some media deliberately went to Macau to interview two shareholders. The results are self-evident and the truth is revealed!

The people of Hong Kong Island have to admire Wu Guangyao's prediction of the situation!

Wu Guangyao came to the telegraph room of Global Shipping and asked He Yuanzhang, who was anxious on his face, "How is the situation?"

"There is news from the ship, and support is needed. It may be that the power system is aging!" He Yuanzhang started Wu Guangyao at a glance, and the anxious expression on his face was even worse!

"I told you a long time ago that some ships need to be eliminated, and you just can't bear it! This is the first few major failures this year. It's a bit better if you parked at sea. At most, you will lose a little money to the customer; if it is because of the old ship. The oil spill was caught by the maritime departments of the countries that passed it, and we have to lose us!" Wu Guangyao couldn't help criticizing He Yuanzhang.

The oil spill mentioned by Wu Guangyao is not a small problem. Different countries have different penalties, but all of them lose large sums of money.

Fortunately for Southeast Asian countries, if you pay a bribe or public relations, you will also lose money for a 15-year-old ship;

If the oil spills near the seas of Dongying, after being caught by the Dongying government, the compensation amount will be able to buy a new ship;

If the oil spilled in the United States and polluted their waters, then they would have to pay more. I am afraid that they would have to pay for three new ships to go out.

This is what Wu Guangyao is most worried about, so Global Shipping is afraid to invest in the old-fashioned oil tankers in Europe and the United States.

"The boss is right, I will deal with these ships immediately!" He Yuanzhang buried his head and said, wanting to come to be the angry town owner of Wu Guangyao.

At this time, there are no less than ten staff in the telegraph room, and they all dare not show up!

He Yuanzhang is the number one person in power in Global Shipping. He basically handles all the affairs of the company, and he is also a shareholder; even with such an identity, he never dared to offend him in front of Wu Guangyao.

Wu Guangyao thought for a while, and felt that he was a little too strict. He said happily: "We should eliminate as many as possible. Anyway, our business volume is not full; and we can also improve our competitiveness by eliminating old ships. Tell Your message, starting from the beginning of next year, we will build 1.5 million to 1.8 million tons of new ships every year. Think about it yourself. Is it appropriate for us to hold so many old ships?"

He Yuanzhang listened to Wu Guangyao's words, was shocked and dumbfounded. Every year 1.5 million to 1.8 million tons of ships are built. What is this concept?

Calculated according to the minimum standard, within ten years, the global shipping fleet will drop to 20 million tons; this is more than the current Soviet Union combined?

The Soviet Union is the second strongest country in the world. What a shock that the carrying capacity of its fleet will not be better than that of Global Shipping!

But out of trust in Wu Guangyao, plus Global Shipping not only has no debt at this time, but also has cash to invest in container terminals around the world;

So, He Yuanzhang thinks about it and feels that this plan is not very risky!

Furthermore, it’s not like building so many ships in a year. What are you afraid of?

"Well, some time ago, our executives discussed together that there are about 700,000 tons of second-hand old ships that need to be eliminated within one or two years; then, taking advantage of this lesson, we will immediately dismantle all these ships and sell scrap iron." He Yuanzhang said.

In fact, this is the third time this year that the old ship has had an accident, but the first two times have made these executives feel good and the amount of compensation is acceptable, so they have been reluctant to eliminate the old ship.

After all, in this era, oil prices are very cheap;

Before 1973, international oil prices were controlled by countries led by the United States;

At that time, a fixed-price contract was signed for several years. There was almost no short-term change in oil prices. Crude oil was about US$15 per ton.

In other words, in the first half of 1957, the freight from Arabia to Europe and the United States was three times that of oil; the freight from Dongying to Arabia was twice that of oil.

The freight is more expensive than the goods, it is so arrogant!

Until October 1973, when the Fourth Middle East War broke out, the Arab oil-producing countries announced an oil embargo and reduced production in order to attack their opponent Israel and countries that support Israel, triggering the first oil crisis. During this period, oil prices skyrocketed. 2 US dollars per barrel (more than 7 barrels per ton) rose to 11.5 US dollars per barrel, OPEC began to have absolute pricing power.

In other words, the price of oil has risen nearly six times!

Because of the oil crisis, countries have begun to attach importance to oil reserves;

So at the end of the 1970s, everyone's oil demand was not so high, so the shipping depression began.

In the 1980s, the cost of oil prices increased and the cost of seafarers increased, but the freight was declining!

It is conceivable that the ship king who does not go ashore has only a dead end!

Dongying

After learning about the matter, Ko Ke rushed to the tenant's office as soon as possible.

"Mr. Nakai, I'm sorry, one of the oil tankers rented to you had an accident at sea." Gao Ke said apologetically.

Nakaito frowned, suppressed the anger in his heart, and said, "What do you plan to do with Global Shipping?"

"According to the contract, the freight for this trip is only charged 50%. Our round-the-world shipping guarantees that it will be delivered within 20 days after the contract period, otherwise the freight will not be charged."

Nakaito stretched his brows. The attitude of Global Shipping is very useful; of course, the main reason is that this compensation plan is still praised. Although it is 20 days late, it can save a lot of money!

"But your ship is too old, what if two ships encounter problems? It will really affect us a lot!" Nazuto was still a little worried about future cooperation.

"Mr. Nakai, please rest assured that this time our boss has decided to eliminate 46 old ships with a total deadweight of 700,000 tons. The possibility of subsequent situations will become very small!" Gao Ke said confidently.

Nakaito naturally knows the strength of global shipping, which is a fleet of 5 million tons deadweight! (Global Shipping began to deliberately keep a low profile and conceal the total deadweight of the fleet; the actual new ship plus the old ship totals 6.6 million tons of deadweight, of course, including the 1.55 million tons of ships that will be launched soon.)

Nakai Teng just did not expect to eliminate 700,000 tons of deadweight at one time!

"That's good. As an oil company, we actually don't want to get any compensation. We just hope that the oil can arrive at the port on time." Nakai Fujiguchi said wrongly.

"That is! Don't worry, Mr. Nakai, the chances of this kind of thing happening next are very small!"

(End of this chapter)




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