Chapter 341: [Expansion of the fleet] (Fourth more, please ask for a monthly ticket!)
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Chapter 341 [Expanding the Fleet] (Four more, ask for a monthly pass!)
Sundus can’t help but sigh every time he walks into the Yangtze River Center. With such a large-scale building complex and such a high flow of people, Cheung Kong Holdings has made a huge profit, even more than Land's property in the Central District.
Accordingly, there should be a consortium that is jealous and eager to try;
On the contrary, no real estate company has dared to build the same commercial entity so far, and no real estate company has dared to think about it.
At this time, with the increase in land, labor, and commodity prices, the cost of building a commercial entity of this scale may have cost 200 million Hong Kong dollars.
Of course, suitable land resources are also necessary. If it is not a land near the sea, the image of a commercial entity will be greatly reduced.
By the way, it needs to be managed properly!
The Changjiang Center Commercial Complex has a professional management team, and the marketing methods are jaw-dropping;
For example: Every weekend, there must be performances at the Yangtze River Center, which attracts the attention of many people;
The key marketing targets of the Yangtze River Center seem to be women and children.
Waved away the thoughts in his mind, Sundars walked towards the office building of Global Shipping.
Sundus knows that this time I came to the Global Group, I was definitely not asking myself to divide the money;
In contrast, HSBC may pay another huge loan.
The net profit of global shipping in 1961 was US$180 million, plus the remaining US$180 million in 1960, which totaled a huge sum of US$360 million;
But with so many huge sums of money, it cannot hold up the ambitious Chinese businessmen.
At the beginning of last year, Wu Guangyao made a large-scale purchase of ships, purchasing 2 million tons of deadweight vessels at a time, spending a total of 290 million U.S. dollars, plus interest is about 320 million U.S. dollars.
320 million U.S. dollars for ship goods, Global Shipping has so far paid off 200 million U.S. dollars;
Global Shipping invested in 3 container terminals last year and spent a total of US$30 million;
In this way, Global Shipping should have a cash flow of 130 million US dollars on its current account, and it still owes a loan of 120 million US dollars.
With such favorable conditions, which Chinese businessman decided that he would not give up the opportunity to expand the fleet.
Sundars guessed well. In Wu Guangyao’s office, Wu Guangyao said in a shocking tone: “I decided to build 15 more 100,000-ton tankers and 5 70,000-ton freighters for Global Shipping, and 3 more customized 5 ships. A special container ship with a capacity of 10,000 tons, this time is still a cargo vessel with a capacity of 2 million tons."
Sundus thought that Wu Guangyao would only build a ship of about 1 million tons, but he did not expect that it would still be a ship with a deadweight of 2 million tons.
"In this way, Global Shipping will bear at least 350 million US dollars in debt." Sundars calmly analyzed.
is also a 2 million tons deadweight vessel, but this time it has to pay 30 million US dollars more, obviously for a reason;
The global shipbuilding cost has increased by about 3%, and it is estimated to spend an additional 10 million US dollars;
The loan cycle becomes longer, and the interest payment is expected to be about 15 million US dollars;
Finally, the specially-made container ship is expensive to build several million, because to maintain the center of gravity, more steel needs to be invested.
"No problem, the world's fleet is not as good as our global shipping debt!"
Wu Guangyao’s words did say that Sundars was heartbroken. Indeed, the overall finance of Global Shipping is now without a share of debt.
This is incomparable to other fleets!
This can be done naturally because at the beginning of Global Shipping, Wu Guangyao invested tens of millions of dollars in cash, laying a good foundation;
Follow-up Wu Guangyao seized two more big opportunities-the Korean War and the Second Middle East War, as well as proper management-to find the right time and sign a long-term contract and a memorandum of cooperation.
Next, everyone discussed the details and determined the time and place for the creation.
After Sundashi left, Gao Ke said to Wu Guangyao: "Boss, Dong has picked up a big leak recently!"
Wu Guangyao suddenly became interested when he heard it. The Dong family in Gao Ke’s mouth was Dong Yunhao;
Dong Yunhao itself already has a load capacity of about 600,000 tons, which can be regarded as a big leak, but it is not simple.
"What is the big leak?"
"The U.S. sold 12 15,000-ton Victory cargo ships to Dong at one time, and the conditions were amazing. They only received 1 million U.S. dollars; equivalent to 6 million Hong Kong dollars, an average of only 500,000 Hong Kong dollars per ship. Picking up a big leak is like giving it to Dong for nothing!" Gao Ke said with an expression of envy.
"This is not a free gift!" Wu Guangyao thought for a while and said mysteriously.
"Oh! The boss knows the inside story?"
He Yuanzhang next to is also interested, the boss feels that he knows everything!
"Back then, Uncle Sam detained Dong's two 10,000-ton freighters for no reason, and almost caused Dong's company to go bankrupt. I think it was Uncle Sam's conscience that discovered it. Recently, he was giving money to the relevant agencies or institutions whose assets were detained that year. A kind of disguised compensation by the company to make undeclared corrections to the wrong practices of the year."
"Furthermore, Uncle Sam can't be smarter. These Victory freighters were hurriedly built in the early 1940s in response to the special needs of the U.S. Department of Defense to carry soldiers. The facilities are simple and you can go."
"Now those American seafarers who are respected and respected will not work on this kind of ship. To put it bluntly, they are obsolete and should be sold as scrap iron."
“Now be a good friend to make up for Dong’s losses that year, why not do it!”
After listening to Wu Guangyao’s explanation, He Yuanzhang and Gao Ke suddenly realized that there are so many ways in it.
"It's the boss who wanted to understand. I really missed a big leak when Dong's family! It turned out to be just to make up for the losses that year." Gao Ke exclaimed. At that time, Dong's altogether only had three 10,000-ton cargo ships, and Uncle Sam deducted them. Two ships, isn’t this harming others!
"Might is the truth, what can be done. You see that the Yankees are making trouble in Vietnam recently, and we may use our container terminal to transport some supplies, then we dare not refuse. But you will talk to the Yankees and ask for money. Some interests, for example, we invest in container terminals in the United States to see if there is any hope. But we need to pay attention to proportions, and there can be no threats, we can't afford them." Wu Guangyao took the opportunity to say.
The Yankees fight in Vietnam. Hong Kong Island is their rear training base and material transportation base. Even warships can go to Hong Kong Island for maintenance and maintenance.
Because of its container terminal, Global Shipping will surely become a helper for the transportation of supplies in the United States, such as military supplies such as beer and cans.
Wu Guangyao has always wanted to invest in a container terminal in an American port to see if there is hope this time!
"Well, I will pay attention to proportion!" He Yuanzhang said.
Wu Guangyao then learned about other shipowners on Hong Kong Island from a few people. Although they are still very weak, Wu Guangyao does not have a glimpse.
At this time, because Dong Yunhao was backed by Taiwan Island, he was taken care of by Uncle Sam and became the owner of a 800,000-ton ship.
The development of Bao Yugang, due to Wu Guangyao’s influence, was only about 400,000 tons at this time;
This is still thanks to Bao Yugang’s prudent style, which made many banks willing to lend, even Japanese banks rushed to lend him loans.
Zhao Congyan’s Huaguang Company also has a deadweight of 450,000 tons. Zhao Congxian is a rare businessman on Hong Kong Island who concentrates on shipping and does not engage in real estate.
It can be said that the shipping industry on Hong Kong Island has begun to explode!
In the mid-1950s, Greek and Japanese shipowners rose rapidly and became the second-generation stars of shipping;
The representatives are Onassis, Niagas, Sanko, Japan Steamship, etc.;
Then into the 1960s, the shipowners of these two countries were severely restricted again, that is, the rapid increase in labor costs, resulting in a sharp decline in competitiveness.
The Prime Minister of Japan even shouted a slogan that within seven years, labor wages will double;
Facts have proved that this is not a slogan. Dongying completed this task in 1966, but which prime minister has already died.
Unlike Hong Kong Island, there is a steady stream of people coming from the Mainland. These are cheap labor, and wages cannot go up at all.
Moreover, the rights of trade unions on Hong Kong Island are very low and cannot influence businessmen at all.
Think about it, seafarers on Hong Kong Island are 20 times the wages of seafarers in the United States, and 6 times the difference between seafarers in Dongying, and how competitive this is for a fleet.
Moreover, Hong Kong Island is a low-tax area and a tax haven for shipowners.
To sum up, the 60s and 70s was the stage for shipowners on Hong Kong Island!
(End of this chapter)
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Chapter 341 [Expanding the Fleet] (Four more, ask for a monthly pass!)
Sundus can’t help but sigh every time he walks into the Yangtze River Center. With such a large-scale building complex and such a high flow of people, Cheung Kong Holdings has made a huge profit, even more than Land's property in the Central District.
Accordingly, there should be a consortium that is jealous and eager to try;
On the contrary, no real estate company has dared to build the same commercial entity so far, and no real estate company has dared to think about it.
At this time, with the increase in land, labor, and commodity prices, the cost of building a commercial entity of this scale may have cost 200 million Hong Kong dollars.
Of course, suitable land resources are also necessary. If it is not a land near the sea, the image of a commercial entity will be greatly reduced.
By the way, it needs to be managed properly!
The Changjiang Center Commercial Complex has a professional management team, and the marketing methods are jaw-dropping;
For example: Every weekend, there must be performances at the Yangtze River Center, which attracts the attention of many people;
The key marketing targets of the Yangtze River Center seem to be women and children.
Waved away the thoughts in his mind, Sundars walked towards the office building of Global Shipping.
Sundus knows that this time I came to the Global Group, I was definitely not asking myself to divide the money;
In contrast, HSBC may pay another huge loan.
The net profit of global shipping in 1961 was US$180 million, plus the remaining US$180 million in 1960, which totaled a huge sum of US$360 million;
But with so many huge sums of money, it cannot hold up the ambitious Chinese businessmen.
At the beginning of last year, Wu Guangyao made a large-scale purchase of ships, purchasing 2 million tons of deadweight vessels at a time, spending a total of 290 million U.S. dollars, plus interest is about 320 million U.S. dollars.
320 million U.S. dollars for ship goods, Global Shipping has so far paid off 200 million U.S. dollars;
Global Shipping invested in 3 container terminals last year and spent a total of US$30 million;
In this way, Global Shipping should have a cash flow of 130 million US dollars on its current account, and it still owes a loan of 120 million US dollars.
With such favorable conditions, which Chinese businessman decided that he would not give up the opportunity to expand the fleet.
Sundars guessed well. In Wu Guangyao’s office, Wu Guangyao said in a shocking tone: “I decided to build 15 more 100,000-ton tankers and 5 70,000-ton freighters for Global Shipping, and 3 more customized 5 ships. A special container ship with a capacity of 10,000 tons, this time is still a cargo vessel with a capacity of 2 million tons."
Sundus thought that Wu Guangyao would only build a ship of about 1 million tons, but he did not expect that it would still be a ship with a deadweight of 2 million tons.
"In this way, Global Shipping will bear at least 350 million US dollars in debt." Sundars calmly analyzed.
is also a 2 million tons deadweight vessel, but this time it has to pay 30 million US dollars more, obviously for a reason;
The global shipbuilding cost has increased by about 3%, and it is estimated to spend an additional 10 million US dollars;
The loan cycle becomes longer, and the interest payment is expected to be about 15 million US dollars;
Finally, the specially-made container ship is expensive to build several million, because to maintain the center of gravity, more steel needs to be invested.
"No problem, the world's fleet is not as good as our global shipping debt!"
Wu Guangyao’s words did say that Sundars was heartbroken. Indeed, the overall finance of Global Shipping is now without a share of debt.
This is incomparable to other fleets!
This can be done naturally because at the beginning of Global Shipping, Wu Guangyao invested tens of millions of dollars in cash, laying a good foundation;
Follow-up Wu Guangyao seized two more big opportunities-the Korean War and the Second Middle East War, as well as proper management-to find the right time and sign a long-term contract and a memorandum of cooperation.
Next, everyone discussed the details and determined the time and place for the creation.
After Sundashi left, Gao Ke said to Wu Guangyao: "Boss, Dong has picked up a big leak recently!"
Wu Guangyao suddenly became interested when he heard it. The Dong family in Gao Ke’s mouth was Dong Yunhao;
Dong Yunhao itself already has a load capacity of about 600,000 tons, which can be regarded as a big leak, but it is not simple.
"What is the big leak?"
"The U.S. sold 12 15,000-ton Victory cargo ships to Dong at one time, and the conditions were amazing. They only received 1 million U.S. dollars; equivalent to 6 million Hong Kong dollars, an average of only 500,000 Hong Kong dollars per ship. Picking up a big leak is like giving it to Dong for nothing!" Gao Ke said with an expression of envy.
"This is not a free gift!" Wu Guangyao thought for a while and said mysteriously.
"Oh! The boss knows the inside story?"
He Yuanzhang next to is also interested, the boss feels that he knows everything!
"Back then, Uncle Sam detained Dong's two 10,000-ton freighters for no reason, and almost caused Dong's company to go bankrupt. I think it was Uncle Sam's conscience that discovered it. Recently, he was giving money to the relevant agencies or institutions whose assets were detained that year. A kind of disguised compensation by the company to make undeclared corrections to the wrong practices of the year."
"Furthermore, Uncle Sam can't be smarter. These Victory freighters were hurriedly built in the early 1940s in response to the special needs of the U.S. Department of Defense to carry soldiers. The facilities are simple and you can go."
"Now those American seafarers who are respected and respected will not work on this kind of ship. To put it bluntly, they are obsolete and should be sold as scrap iron."
“Now be a good friend to make up for Dong’s losses that year, why not do it!”
After listening to Wu Guangyao’s explanation, He Yuanzhang and Gao Ke suddenly realized that there are so many ways in it.
"It's the boss who wanted to understand. I really missed a big leak when Dong's family! It turned out to be just to make up for the losses that year." Gao Ke exclaimed. At that time, Dong's altogether only had three 10,000-ton cargo ships, and Uncle Sam deducted them. Two ships, isn’t this harming others!
"Might is the truth, what can be done. You see that the Yankees are making trouble in Vietnam recently, and we may use our container terminal to transport some supplies, then we dare not refuse. But you will talk to the Yankees and ask for money. Some interests, for example, we invest in container terminals in the United States to see if there is any hope. But we need to pay attention to proportions, and there can be no threats, we can't afford them." Wu Guangyao took the opportunity to say.
The Yankees fight in Vietnam. Hong Kong Island is their rear training base and material transportation base. Even warships can go to Hong Kong Island for maintenance and maintenance.
Because of its container terminal, Global Shipping will surely become a helper for the transportation of supplies in the United States, such as military supplies such as beer and cans.
Wu Guangyao has always wanted to invest in a container terminal in an American port to see if there is hope this time!
"Well, I will pay attention to proportion!" He Yuanzhang said.
Wu Guangyao then learned about other shipowners on Hong Kong Island from a few people. Although they are still very weak, Wu Guangyao does not have a glimpse.
At this time, because Dong Yunhao was backed by Taiwan Island, he was taken care of by Uncle Sam and became the owner of a 800,000-ton ship.
The development of Bao Yugang, due to Wu Guangyao’s influence, was only about 400,000 tons at this time;
This is still thanks to Bao Yugang’s prudent style, which made many banks willing to lend, even Japanese banks rushed to lend him loans.
Zhao Congyan’s Huaguang Company also has a deadweight of 450,000 tons. Zhao Congxian is a rare businessman on Hong Kong Island who concentrates on shipping and does not engage in real estate.
It can be said that the shipping industry on Hong Kong Island has begun to explode!
In the mid-1950s, Greek and Japanese shipowners rose rapidly and became the second-generation stars of shipping;
The representatives are Onassis, Niagas, Sanko, Japan Steamship, etc.;
Then into the 1960s, the shipowners of these two countries were severely restricted again, that is, the rapid increase in labor costs, resulting in a sharp decline in competitiveness.
The Prime Minister of Japan even shouted a slogan that within seven years, labor wages will double;
Facts have proved that this is not a slogan. Dongying completed this task in 1966, but which prime minister has already died.
Unlike Hong Kong Island, there is a steady stream of people coming from the Mainland. These are cheap labor, and wages cannot go up at all.
Moreover, the rights of trade unions on Hong Kong Island are very low and cannot influence businessmen at all.
Think about it, seafarers on Hong Kong Island are 20 times the wages of seafarers in the United States, and 6 times the difference between seafarers in Dongying, and how competitive this is for a fleet.
Moreover, Hong Kong Island is a low-tax area and a tax haven for shipowners.
To sum up, the 60s and 70s was the stage for shipowners on Hong Kong Island!
(End of this chapter)
Chapter 341 Expanding the Fleet Four more, ask for a monthly pass!Sundus can't help but sigh every time he walks into the Yangtze River Center. With such a large-scale building complex and such a high flow of people, Cheung Kong Holdings has made a huge profit, even more than Land's property in the Central District.Accordingly, there should be a consortium that is jealous and eager to try;On the contrary, no real estate company has dared to build the same commercial entity so far, and no real estate company has dared to think about it.At this time, with the increase in land, labor, and commodity prices, the cost of building a commercial entity of this scale may have cost 200 million Hong Kong dollars.Of course, suitable land resources are also necessary. If it is not a land near the sea, the image of a commercial entity will be greatly reduced.By the way, it needs to be managed properly!The Changjiang Center Commercial Complex has a professional management team, and the marketing methods are jaw-dropping;For example: Every weekend, there must be performances at the Yangtze River Center, which attracts the attention of many people;The key marketing targets of the Yangtze River Center seem to be women and children.Waved away the thoughts in his mind, Sundars walked towards the office building of Global Shipping.Sundus knows that this time I came to the Global Group, I was definitely not asking myself to divide the money;In contrast, HSBC may pay another huge loan.The net profit of global shipping in 1961 was US$180 million, plus the remaining US$180 million in 1960, which totaled a huge sum of US$360 million;But with so many huge sums of money, it cannot hold up the ambitious Chinese businessmen.At the beginning of last year, Wu Guangyao made a large-scale purchase of ships, purchasing 2 million tons of deadweight vessels at a time, spending a total of 290 million U.S. dollars, plus interest is about 320 million U.S. dollars.320 million U.S. dollars for ship goods, Global Shipping has so far paid off 200 million U.S. dollars;Global Shipping invested in 3 container terminals last year and spent a total of US$30 million;In this way, Global Shipping should have a cash flow of 130 million US dollars on its current account, and it still owes a loan of 120 million US dollars.With such favorable conditions, which Chinese businessman decided that he would not give up the opportunity to expand the fleet.Sundars guessed well. In Wu Guangyao's office, Wu Guangyao said in a shocking tone: I decided to build 15 more 100,000-ton tankers and 5 70,000-ton freighters for Global Shipping, and 3 more customized 5 ships. A special container ship with a capacity of 10,000 tons, this time is still a cargo vessel with a capacity of 2 million tons."Sundus thought that Wu Guangyao would only build a ship of about 1 million tons, but he did not expect that it would still be a ship with a deadweight of 2 million tons."In this way, Global Shipping will bear at least 350 million US dollars in debt." Sundars calmly analyzed.is also a 2 million tons deadweight vessel, but this time it has to pay 30 million US dollars more, obviously for a reason;The global shipbuilding cost has increased by about 3%, and it is estimated to spend an additional 10 million US dollars;The loan cycle becomes longer, and the interest payment is expected to be about 15 million US dollars;Finally, the specially-made container ship is expensive to build several million, because to maintain the center of gravity, more steel needs to be invested."No problem, the world's fleet is not as good as our global shipping debt!"Wu Guangyao's words did say that Sundars was heartbroken. Indeed, the overall finance of Global Shipping is now without a share of debt.This is incomparable to other fleets!This can be done naturally because at the beginning of Global Shipping, Wu Guangyao invested tens of millions of dollars in cash, laying a good foundation;Follow-up Wu Guangyao seized two more big opportunities-the Korean War and the Second Middle East War, as well as proper management-to find the right time and sign a long-term contract and a memorandum of cooperation.Next, everyone discussed the details and determined the time and place for the creation.After Sundashi left, Gao Ke said to Wu Guangyao: "Boss, Dong has picked up a big leak recently!"Wu Guangyao suddenly became interested when he heard it. The Dong family in Gao Ke's mouth was Dong Yunhao;Dong Yunhao itself already has a load capacity of about 600,000 tons, which can be regarded as a big leak, but it is not simple."What is the big leak?""The U.S. sold 12 15,000-ton Victory cargo ships to Dong at one time, and the conditions were amazing. They only received 1 million U.S. dollars; equivalent to 6 million Hong Kong dollars, an average of only 500,000 Hong Kong dollars per ship. Picking up a big leak is like giving it to Dong for nothing!" Gao Ke said with an expression of envy."This is not a free gift!" Wu Guangyao thought for a while and said mysteriously."Oh! The boss knows the inside story?"He Yuanzhang next to is also interested, the boss feels that he knows everything!"Back then, Uncle Sam detained Dong's two 10,000-ton freighters for no reason, and almost caused Dong's company to go bankrupt. I think it was Uncle Sam's conscience that discovered it. Recently, he was giving money to the relevant agencies or institutions whose assets were detained that year. A kind of disguised compensation by the company to make undeclared corrections to the wrong practices of the year.""Furthermore, Uncle Sam can't be smarter. These Victory freighters were hurriedly built in the early 1940s in response to the special needs of the U.S. Department of Defense to carry soldiers. The facilities are simple and you can go.""Now those American seafarers who are respected and respected will not work on this kind of ship. To put it bluntly, they are obsolete and should be sold as scrap iron."Now be a good friend to make up for Dong's losses that year, why not do it!After listening to Wu Guangyao's explanation, He Yuanzhang and Gao Ke suddenly realized that there are so many ways in it."It's the boss who wanted to understand. I really missed a big leak when Dong's family! It turned out to be just to make up for the losses that year." Gao Ke exclaimed. At that time, Dong's altogether only had three 10,000-ton cargo ships, and Uncle Sam deducted them. Two ships, isn't this harming others!"Might is the truth, what can be done. You see that the Yankees are making trouble in Vietnam recently, and we may use our container terminal to transport some supplies, then we dare not refuse. But you will talk to the Yankees and ask for money. Some interests, for example, we invest in container terminals in the United States to see if there is any hope. But we need to pay attention to proportions, and there can be no threats, we can't afford them." Wu Guangyao took the opportunity to say.The Yankees fight in Vietnam. Hong Kong Island is their rear training base and material transportation base. Even warships can go to Hong Kong Island for maintenance and maintenance.Because of its container terminal, Global Shipping will surely become a helper for the transportation of supplies in the United States, such as military supplies such as beer and cans.Wu Guangyao has always wanted to invest in a container terminal in an American port to see if there is hope this time!"Well, I will pay attention to proportion!" He Yuanzhang said.Wu Guangyao then learned about other shipowners on Hong Kong Island from a few people. Although they are still very weak, Wu Guangyao does not have a glimpse.At this time, because Dong Yunhao was backed by Taiwan Island, he was taken care of by Uncle Sam and became the owner of a 800,000-ton ship.The development of Bao Yugang, due to Wu Guangyao's influence, was only about 400,000 tons at this time;This is still thanks to Bao Yugang's prudent style, which made many banks willing to lend, even Japanese banks rushed to lend him loans.Zhao Congyan's Huaguang Company also has a deadweight of 450,000 tons. Zhao Congxian is a rare businessman on Hong Kong Island who concentrates on shipping and does not engage in real estate.It can be said that the shipping industry on Hong Kong Island has begun to explode!In the mid-1950s, Greek and Japanese shipowners rose rapidly and became the second-generation stars of shipping;The representatives are Onassis, Niagas, Sanko, Japan Steamship, etc.;Then into the 1960s, the shipowners of these two countries were severely restricted again, that is, the rapid increase in labor costs, resulting in a sharp decline in competitiveness.The Prime Minister of Japan even shouted a slogan that within seven years, labor wages will double;Facts have proved that this is not a slogan. Dongying completed this task in 1966, but which prime minister has already died.Unlike Hong Kong Island, there is a steady stream of people coming from the Mainland. These are cheap labor, and wages cannot go up at all.Moreover, the rights of trade unions on Hong Kong Island are very low and cannot influence businessmen at all.Think about it, seafarers on Hong Kong Island are 20 times the wages of seafarers in the United States, and 6 times the difference between seafarers in Dongying, and how competitive this is for a fleet.Moreover, Hong Kong Island is a low-tax area and a tax haven for shipowners.To sum up, the 60s and 70s was the stage for shipowners on Hong Kong Island!End of this chapter
