Chapter 1639 Shipping Cake

For a port city, there are bound to be some people who are famous for shipping.

These people are often called ship kings.

The king of ships in Xiangjiang is not fixed.

Now there are four major shipping kings in Xiangjiang.

Global Shipping Bao Yugang, Orient Overseas Shipping Dong Haoyuan, Wanbang Group Cao Wenjin, and Huaguang Aviation Zhao Congyan.

If in a few years, Bao Yugang passes away and the Bao Consortium is completely on shore, then the Xu family, the old shipping kings of 40 years ago, will step in again and become one of the four new shipping kings.

Oh, a direct descendant of the Xu family, the lucky one who married Li Jiaxin.

But the rise and fall of shipping is actually the same as the rise and fall of families on land.

Many times, the general environment and the times determine whether you will rise or decline.

For example, in the 1960s and 1970s, the general environment was very good. Countries such as Japan, South Korea, the Philippines, and Malaysia were developing rapidly and required a large amount of various materials. Therefore, shipping flourished, and Hong Kong's shipping industry made a lot of money. With great profits, the four major shipping kings are in the limelight for a while.

As early as 1978, the charter king's assets exceeded US$1 billion. What a terrifying figure this is!

But some things cannot be undone by human power.

In the 1980s, due to the slowdown in the development of various countries, the demand for materials gradually decreased. However, shipping companies engaged in this industry were constantly adding new ships, which resulted in vicious competition on a global scale.

Everyone is busy cutting prices, boosting business, and relying on small profits but quick turnover to maintain the shipping company...

The consequence of this is that no matter how big your shipping company is, it will suffer continuous losses.

Among them, the Dong family, among the four major shipping kings, is the most typical example.

The year before last, Mr. Dong passed away. Without him, who had strong connections and a good dancing skills, the Dong family's life became increasingly sad.

When the external conditions were very bad, the Dong family used the freighter as a mortgage loan from the bank, but it was already insolvent due to depreciation.

That is to say, in April this year, the annual report they released showed that Orient Overseas Company's liabilities were as high as 7 billion Hong Kong dollars, and it needed to pay 380 million Hong Kong dollars in interest.

Last year, their total profit was only 120 million.

In other words, the money earned is not enough to repay the interest.

Do you think that under such circumstances, Orient Overseas’ shares can still rise?

We have already hit rock bottom!

But the most troublesome thing is not the company itself, but Japan.

Before Mr. Dong's death, he not only ambitiously acquired a large number of overseas shipping companies, but also ordered 24 new ships from five Japanese shipyards, with a total tonnage of 5 million tons.

The total value of these ships is about 500 million US dollars, which is close to 4 billion Hong Kong dollars!

The Dong family has so much debt, where can they get the money to pay for such a large amount of goods?

But if you don't pay the price, not only will you not be able to get the ship, but you will also face compensation of up to 2 billion Hong Kong dollars.

The Dong family is in a dilemma.

Originally, they could survive for another two years before they had to ask Mr. Huo for help, who would help them tide over the difficulties.

But this life is different.

It’s not that they can’t support it anymore, but Mr. Dong saw an opportunity.

A great opportunity to bring their Dong family back to life!

This is the super-large iron ore discovered by Yin Jun in Australia!

Mr. Dong personally went to Western Australia to check it out some time ago.

The Christmas Creek Iron Mine contains 1.5 billion tons of rich iron ore. This is still a conservative estimate. If about 50% of the iron ore is added, it will probably exceed 2 billion tons.

Yin Jun must be selling these iron ores to the mainland, Japan and South Korea.

If this is the case, then large transport ships will definitely be needed to transport it.

Based on the current shipments of Australian iron ore groups, the annual shipment volume of the Christmas Creek iron ore area should be more than 30 million tons.

Then it is 2.5 million tons per month, and it is transported by 100,000-ton ships, which is the transportation volume of 25 ships.

Not to mention getting all the transportation orders, even half of it is enough to bring the Dong family back to life and regain their youth!

But now there is a prerequisite, which is also the biggest difficulty.

That is the different stances of the Dong family and Yin Jun. Yin Jun is devoted to the mainland, but Mr. Dong is facing the other side.

It is for this reason that Mr. Dong hesitates.

But once this year's financial statements came out, Mr. Dong didn't have any hesitation.

The Dong family is almost doomed, so why worry about those who have something and don’t have it?

Saving your life is the most important thing!

But I decided to find Yin Jun, but it wasn't that easy to find him.

Although your Dong family is one of the four major shipping kings in Hong Kong, so what?

Yin Jun is still the second richest man in Hong Kong, and he is very likely to become the richest man in Hong Kong within five years!

They have nothing to do with each other, so why do you let him give you these shipping businesses?

His relationship with the Charter King is a hardcore one!

Before Yin Jun was developed, the chartering king had been praising Yin Jun in public and helped him solve a lot of troubles overtly and covertly.

With such a relationship, he doesn’t hand over the business to the charter king, but instead gives it to strangers like you?

Do not make jokes!

Therefore, Mr. Dong needs to find a suitable middleman, a middleman who has weight in Yin Jun's heart, in order to achieve his goal.

This candidate is also very easy to find.

In Xiangjiang, there is only one person whose reputation is as good as that of the Charter King and who is also close to Yin Jun.

Mr. Huo.

It just so happened that Mr. Huo was a friend of Mr. Dong, and Mr. Dong usually visited him during the New Year and holidays. This kind of incestuous feeling still existed.

But Mr. Huo also has a problem here, and that is his position.

Mr. Huo's position is the same as Yin Jun's, and it is more firm.

If you want him to persuade Yin Jun, it may not be a problem, because one of the people Yin Jun respects most is Mr. Huo.

But what reason do you use to ask him to persuade Yin Jun? This is a very mysterious question.

Mr. Dong knew that there was only one way to get Mr. Huo to agree.

After half a month of careful consideration, Mr. Dong finally walked into Mr. Huo's mansion.

However, the next day, Mr. Huo asked Yin Jun, who had been back for several days, to come over for a meal.

In many cases, Chinese people do not pay attention to judging heroes by wealth.

Even if Ma Yun is the richest man in China, when he meets a teacher who has taught him, he will still call him "teacher" with respect. When he meets a poor elder, he still has to listen and cannot turn away.

If he is such a person, he simply cannot achieve such a career.

Mr. Huo asked Yin Jun to come over for dinner. He is a senior and the person who has always helped Yin Jun. This is natural.

He would not feel that his current wealth was behind Yin Jun, so he should go to Shi Xuandao's manor for dinner.

Of course Yin Jun wouldn't think so either. If a person becomes ambitious and becomes arrogant, then he won't be proud for long.

So Yin Jun arrived an hour early.

He knew that Mr. Huo must have something to discuss with him.

When the young man was walking in the garden with Mr. Huo, he heard Mr. Huo talking about the Dong family and that Mr. Dong had decided to join this side.

Yin Jun was not surprised at all. If Mr. Dong did not do this, he would not be the first governor.

Mr. Huo was a little surprised, "Are you not surprised at all? Are you not afraid that he is just a temporary measure?"

"There are some things that once you express your opinion, you can't go back, otherwise he will be a double-dealer." Yin Jun smiled, "More importantly, we are getting stronger day by day. Even if he is a little hesitant now, he has seen more After receiving many benefits, he will also invest in us."

Yin Jun hasn't said it yet, let alone Mr. Dong, haven't the group of businessmen from Lian Baodao, who have been doing business in the mainland for a long time, come to our side?

"Yes, only by becoming stronger and stronger can everyone return to their hearts." Mr. Huo sighed and asked, "Then what do you think?"

"You can give it to him." Yin Jun had nothing to hide from Mr. Huo. "My estimate is to conservatively ship 100 million tons a year. It will definitely be more than enough for him and the chartered Wang family to share."

"so much!?"

Mr. Huo took a breath of air, "You are going to dig out all your mining areas in 15 years? What a loss!"

He really regarded Yin Jun as his nephew, so he was concerned about whether he was acting too hastily.

After all, no mine now produces 100 million tons of ore a year. This is not in line with the principle of maximizing profits at all.

Even the current three major iron ore companies may have a total shipment volume of around 100 million tons per year.

Although they have a lot of iron ore in their hands, the mines are not renewable resources and will be gone once they are dug.

It is better to dig slowly, wait until the price rises sharply to ship more, and when the price drops, dig less. This is what smart people do.

"No loss." Yin Jun said with a smile, "First of all, the Christmas Creek mining area should be able to be mined for 20 years, and then I have 100,000 square kilometers of exploration rights in my hand, and there are at least one or two iron ores as big as the Christmas Creek mining area. District. It’s a blessing to have a business for 50 years. I can’t be so greedy!”

After a pause, the young man continued, "Besides, although there is not too much steel shortage in the country, the gradual construction of highways, the construction of commercial housing due to population pressure, the expansion of railways, etc., etc., which one does not require a large amount of steel? Prepare the raw materials for them now, so that they won’t have to rush to buy them when they need to use them later.”

"We can't use that much now, and we don't have that much money." Mr. Huo shook his hand, "But you can sell it to Japan and South Korea in the past two years. They need a lot of shipbuilding and steel refining. Iron ore.”

Having said this, Mr. Huo blinked, "But the price of iron ore has not increased in many years. Can we all sit together and discuss how to increase prices slightly for Japan and South Korea? ah?"

"There is no way." Yin Jun spread his hands, "Several Japanese steel companies have their own mines in Western Australia, and they are also shareholders of Rio Tinto, BHP Billiton, and Vale. If they want to increase prices, It will definitely increase prices for China in the future."

"Haha, you have such a big iron ore area in your hands, can they raise the price? Dream!" Mr. Huo laughed.

Yin Jun smiled slightly.

This is also the main reason why I have to spend tens of billions of dollars to go to Western Australia to detect mines and transport ore out!

Maybe you, the old man, never thought that in the future, the Japanese and the three major iron ore companies would jointly set the price of iron ore above US$200. That would be crazy!

It is for this reason that China gritted its teeth and spent huge amounts of money to develop its own iron ore area in Western Australia.

Unfortunately, they were out of luck.

It took more than ten years and tens of billions of dollars. Just when the mine was ready to be mined, the financial crisis hit. The price of iron ore collapsed, and the company lost as much as it paid out.

This is the biggest disadvantage of not planning ahead!

If they had been more forward-looking and had gone to Western Australia to explore for minerals in the 1990s, they would not have had so many troubles later.

Fortunately, with Yin Jun now, this huge regret has been made up for.

The rest is to let this country develop more smoothly and actively!

…

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