Rebirth of the Strongest Tycoon

Chapter 1422 Become the world ship king behind the scenes

"Haha, Huaguang Shipping has been suspended!"

This morning, Xia Yu got the latest news from the newspaper below, but he was not surprised.

Huaguang Shipping Company is currently the third largest shipping company in Hong Kong, after Orient Overseas Shipping Company and Wheelock Shipping Company.

The current chairman and president is Zhao Congyan, the head of the Zhao family.

In the 1970s, Zhao Congyan, together with Bao Yugang, Dong Haoyun and Cao Wenjin, were called the "Four Kings of Ships" in Xiangjiang.

It's just that Bao Yu just abandoned the ship and went ashore, leaving three of the four major Chinese ship kings.

In addition to the main business of the Zhao family, Huaguang Shipping Company, there is another sub-core Far East real estate company, which is the predecessor of the future Zhuoneng Real Estate Company.

It's just because Xia Yu strongly suppressed the housing prices in Xiangjiang, and the real estate market in Xiangjiang can only rely on commercial real estate to develop, so the development of Far East Real Estate Company can only be regarded as good, not excellent.

After all, in Xiangjiang of Xiangjiang, if you want to make more profits in commercial real estate, you must be able to build a mature and prosperous business district.

If you don't have this ability, you can only go to other people's business circles, then the development cost of commercial real estate must be extremely high.

However, in order to create a mature and prosperous business district, it is extremely necessary to integrate various social resources and invite various merchants with high traffic to settle in.

In Xiangjiang, Xia Yu has the most of these resources.

"The debt has exceeded 100 million Hong Kong dollars, the assets are 9.7 billion Hong Kong dollars, and the market value has dropped to 9.6 billion Hong Kong dollars. It has now been suspended."

"The debt ratio has reached 856. Although there is still a certain distance from bankruptcy, the capital chain is broken, and Zhao Congyan's rescue is very difficult."

"The imminently due performance debt is HK$11.7 billion, and now no bank would dare to lend it to him."

Xia Yu thought of this, picked up his mobile phone and called Huo Jianning, and asked him to arrange for Wheelock Shipping Company to increase the acquisition of Huaguang Shipping Company in the bottom-hunting operation of the shipping market.

Although the total assets of Huaguang Shipping Company are only 9.7 billion Hong Kong dollars, it is the time when the ship price is the lowest.

After getting out of this trough, the total assets of Huaguang Shipping Company will naturally not be as simple as 9.7 billion Hong Kong dollars.

The current price of second-hand cargo ships is only one-fifth of the selling price of new cargo ships of the same size before the outbreak of the shipping crisis six or seven years ago!

As long as the global shipping market is out of the trough, it will be easy for Huaguang Shipping Company's total assets to rise to HK$20 billion, and the debt ratio can drop below 50 all of a sudden.

With this debt ratio, Huaguang Shipping will be a high-quality shipping company.

Of course, the premise is that after Wheelock Shipping Company acquires Huaguang Shipping Company, it will keep the company alone, rather than merge it.

But no matter what, at this time, you can make a profit without losing money!

In July, heavy news came out one after another in the global shipping market.

The first is the island country.

The world's largest shipping company Sanguang Steamship Group, which began bankruptcy and reorganization the year before last.

Because of the relatively large scale, extremely high debt, and the shipping market has been sluggish, it is difficult to find investors to take over after Sanguang Steamship Group begins bankruptcy and reorganization.

Even if some investors have been found, they have little energy and cannot support Sanguang Steamship Group to complete the reorganization.

So Sanguang Steamship Group can only slow down the pace of reorganization, while reorganizing, while actively looking for investors.

But this time, Sanko Steamboat Group has won the support of a large number of companies, including Nomura Securities, the king of securities companies in the island country, Sunshine Credit Company, one of the four major credit companies, Chiba Bank, Shizuoka Bank and so on.

These companies are all companies of the all-day consortium that Xia Yu wants to build in the island country.

After letting these companies come forward, only 32 billion yen was spent, and the entire Sanko Steamboat Group was included in the bag.

Of course, 32 billion yen is something that any company can take out. The reason why so many companies are required to take action together is to undertake the original high debt of the Sanguang Steamship Group.

The acquisition this time went very smoothly. Even if no relationship was used, the island country government also actively supported it.

After all, the reorganization of the Sanko Steamship Group was completed one day earlier, and shipbuilding companies such as Shibo, Kawasaki, Hakodate, Usuki, Oshima, Keihin, and General Shipyard were able to get out of the crisis, which saved the entire island nation's shipbuilding industry.

In addition to the acquisition of Sanguang Steamship Group, Xia Yu's full-time consortium also has a series of big moves in the island country.

The first is the wholly-owned acquisition of Imabari Shipbuilding Group, a shipbuilding enterprise established in 1901, which is not in the background of the six major consortiums in the island country. It ranks ninth in the field of shipbuilding in the island country.

After the acquisition of the Imabari Shipbuilding Group, it was let go one after another and acquired some troubled shipyards in various parts of the island country.

After the acquisition, although the integration has not been completed, it has become the fourth largest shipbuilding group in the island country in terms of scale.

It is second only to the Ishikawajima-Harima Heavy Industries Group of the Mitsui Consortium, the Kawasaki Shipbuilding Group of the Daiichi Kanin Consortium, and the Mitsubishi Heavy Industries Group of the Mitsubishi Consortium.

Sumitomo Heavy Industries Shipbuilding and Hitachi Shipbuilding are all ranked under the Imabari Shipbuilding Group.

And over there in Europe.

The Bright Fund has launched.

First, at a price of 19.7 billion pounds, it wholly acquired the Danish giant Muller Maersk.

Founded in 1904, the company is mainly engaged in shipbuilding and marine transportation, oil and gas exploration and development, air transportation, commodity retailing, etc. It has more than 30 subsidiaries and more than 20,000 employees worldwide.

The key to the acquisition is that its two main pillars, shipbuilding and maritime transportation, and oil and gas exploration and production, are all mired in the quagmire.

The international oil price has fallen like a dog, and the global shipbuilding and shipping markets have also been in the doldrums for so many years, making Mueller Maersk a serious loss.

After winning it, the Bright Fund immediately mobilized its financial company to provide it with a billion-pound loan.

After getting the loan, Mueller Maersk rose to prominence.

First, for 2.4 billion pounds, it acquired the Swiss Mediterranean Shipping Company, a container shipping company focused on developing routes between Africa and the Mediterranean.

Then, for 2.1 billion pounds, it acquired the Hapag-Lloyd Shipping Company of West Germany, which was formed in 1970 by the merger of the two shipping companies Harpag in 1847 and North Deutsche Lloyds in 1856. The business spreads between southern Europe, northern Europe, North America, Latin America and Asia, and is also dedicated to container services.

Then it acquired the British Railway Container Shipping Group for 1.7 billion pounds, and acquired the Dutch Jawa Group for 1.5 billion pounds.

After completing the mergers and acquisitions of these four container giants.

Moller Maersk has firmly established itself as the dominant global container shipping company.

It has 824 container ships that can transport 4,528,430 TEUs at the same time.

According to the original market share of these five container companies, they add up to 432% of the global container transportation market share.

On Wheelock Shipping's side, the action is not small.

First, at a cost of US$9.2 billion, it wholly acquired Norway's shipping leader, Bengsen Group, which is the world's largest liquefied gas and natural gas transporter with a total deadweight of 5.24 million tons.

Then, at a cost of one billion Hong Kong dollars, it wholly took over and privatized the Guanghua Shipping Company of Heung Kong, which has a total deadweight of 2.85 million tons.

Coupled with the second-hand cargo ships purchased by Wheelock Shipping Co.

The total deadweight of Wheelock Shipping's fleet has soared to 15.25 million tons!

Orient Overseas, another shipping giant in Heung Kong, is not far behind, and has bought some cargo ships successively, increasing the total carrying capacity of the fleet to 12.8 million tons!

Just over a month.

In the global shipping market, three shipping companies with a capacity of 10 million tons suddenly emerged, and one of them has a shipping capacity exceeding 20 million tons, which really shocked everyone's attention.

Muller Maersk, with a capacity of 22.3 million tons, ranks first in the world!

Wheelock Shipping Company, with a capacity of 15.25 million tons, ranks second in the world!

Orient Overseas Shipping Company, with a capacity of 12.8 million tons, ranks third in the world!

As for the original shipping overlord Sanguang Steamship Group, the shipping capacity has dropped from 10 million tons to only 8.02 million tons, but it is still enough to rank fifth in the world!

Xia Yu has become the absolute behind-the-scenes world ship king!

Such earth-shaking changes in the global shipping market have triggered research in related industries and the financial industry.

The results of the research are generally the same, that is, the global shipping market has fallen to the bottom, and the market is about to recover!

On August 3, after the international crude oil price fell to $1,387 a barrel, it began to rebound the next day.

And it went higher for a week in a row, rising back to $14 a barrel.

The financial market has determined that the international crude oil price has begun to bottom out, which has brought the global shipping market back to life quickly.

However, Xia Yu did not pay attention to the changes in the shipping market.

The four giant shipping giants also have suitable people to run them, so there is no need for him to worry.

What's more, he didn't have the mind to deal with it.

Because before the international crude oil price bottomed out and rebounded, all the companies around the world that shorted the international crude oil price have completed the harvest one after another, and the list of statistical results has been compiled!

He got rich again!

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