Resource Tycoon Reborn

One hundred and fortieth chapters make matters worse

Although it is already eleven o'clock in the evening and darkness has taken over the sky, the office building of Feldspar Shipbuilding Co., Ltd. in Tokyo is still brightly lit.

Benji Sato sat behind his desk with a livid face. Although there were seven or eight people standing or sitting in the office, the room was completely silent. Everyone's eyes fell on Benji Sato. Everyone was

Waiting, waiting for his decision!

Just a few hours ago, Feldspar Shipbuilding Co., Ltd. suddenly received a call from the president of Indonesia's GT Berlianya Jutanke Shipping Company, requesting for inspection of a 300,000-ton supertanker and two 150,000-ton containers under construction.

The delivery of the ship was delayed for one year and six months! This sudden notice undoubtedly made the situation of Feldspar Shipbuilding Co., Ltd. even worse!

The shipping industry has always been closely linked to the development speed of the global economy, because once the world economy shrinks and trade demand between countries decreases, the shipping industry will be the first to bear the brunt! Due to the uncertain economic outlook, the financial industries of various countries will generally shrink the size of their loans.

, this has resulted in fewer sources for ship owners to raise ship loans, higher costs, and significantly increased financial pressure.

According to general practice, when a ship owner places a ship order through bidding, he must first pay a part of the down payment to the shipbuilding company. The balance of the ship's construction is usually settled in four to five installments before the shipbuilding company officially delivers the ship to the ship owner. Delayed delivery

This means that the ship owner can extend the time to settle the ship payment than the original contract, thereby reducing the financial pressure on the ship owner to a certain extent. Therefore, when most ship owners are faced with financial constraints, their first choice is often to request an extension of delivery.

goods.

However, the ship owner's request for delayed delivery is actually a transfer of pressure to the shipbuilding company. Because after receiving the order, the shipbuilding company generally needs the support of domestic bank loans to implement the operation. If the ship payment cannot be received in full on time, it means that its

The loan period in domestic banks must be extended, so the shipbuilding company will face a significant increase in interest expenses. In addition, this will also cause the shipbuilding company's operating costs such as labor costs and material costs to increase.

Especially for these three ships, Feldsake Shipbuilding Co., Ltd. has started construction, and the project is currently halfway through! Although gtberlianyajutanke Shipping Company requested a delay in delivery, Feldsake Shipbuilding Co., Ltd. cannot just stop work and let these three semi-finished products occupy the

It is attached to the dock. Therefore, it can only be built with advanced funds first. This will inevitably occupy a large amount of Feldspar Shipbuilding Co., Ltd.’s already insufficient liquidity!

In the 1980s, Feldspar Shipbuilding Co., Ltd. experienced a delay in delivery, and some orders were even directly canceled by ship owners. At that time, there were many small and medium-sized shipbuilding companies not only in Japan, but also in countries all over the world.

The shipbuilding industry around the world was in dire straits when they were forced to file for bankruptcy or court trusteeship due to a broken capital chain. Benji Sato still remembers the tragic situation at that time.

"I remember that GTberlianya Jutanke Shipping Company not only booked three ships with our company, but also booked a 230,000-ton ore carrier from Mitsubishi Heavy Industries. Did that ship also request a delay in delivery?" Sato

Benjie asked in a deep voice. In January, news came out that gtberlianyajutanke Shipping Company had suffered serious losses and heavy debts last year. At that time, Benjie Sato was a little worried, but later the third call from gtberlianyajutanke Shipping Company came as scheduled.

Only the forward payment made him give up his worries. But he didn't expect that in June, this kind of thing would happen without any warning!

"President, let me go find out!" Someone stepped forward and said.

It didn't take long for the person who was out to inquire hurriedly walked in. The look on his face seemed a little angry. "President, gtberlianyajutanke Shipping Company's 230,000-ton ore carrier at Mitsubishi Heavy Industries did not ask for an extension.

goods."

Sato Benjie's face became a little gloomier, but although they were angry about the actions of GTberlianya Jutanke Shipping Company, they had nothing to blame the other party. As ship owners, they have the right to choose to postpone delivery based on the specific situation of their own company.

The target of the goods. The delay is one year and six months. This means that the last two installments of the ship payment may not be paid until nearly two years later! And in these more than two years, Feldspar Shipbuilding Co., Ltd.

As a result, the club had to bear heavy loan interest, which made the shipbuilding profits that were not large in the first place even thinner.

"Tateishi-kun, how much liquidity will be occupied by doing this?" Benji Sato turned his attention to the company's financial director.

Teruzo Tateishi has been working at Nagasei Shipbuilding Co., Ltd. for 21 years. He can be said to be the elder of the company and is deeply trusted by Benji Sato. "President, if we calculate it based on two years, the company will have

Half of the working capital is occupied by them. I personally think that we should find a company to take over for them as soon as possible." Since there are other people in the office, Tateishi Teruzo did not elaborate on the amount occupied, but from this proportion,

It’s completely conceivable how serious the situation is!

Benji Sato nodded wordlessly. Tateishi Teruzo's answer did not surprise him. His estimate was roughly this amount. Moreover, he also knew that Tateishi Teruzo had reminded him that if he wanted to take

Without new orders, even if the company counts all current accounts receivable, it can only sustain the company's various expenses for two years. And now, when this happens, it means that the company is even more

Urgently need new orders!

As Teruzo Tateishi said, finding companies willing to take over these three ships as quickly as possible is undoubtedly the best way to handle this incident. According to the request of gtberlianyajutanke Shipping Company, the delivery date was postponed for one year and six months.

If so, during this period of time, Feldspar Shipbuilding Co., Ltd. can build three more ships and deliver them to it.

However, now that we have a solution, who should we look for as the next buyer?

Guo's Shipping Group Company! It can be said that Sato Benjie thought of it at the first time! Whether it is the 300,000-ton super tanker or the two 150,000-ton container ships, it can be said that Guo's

Guo's Shipping Group needs the ship types. Although it has also experienced the baptism of the Southeast Asian financial crisis, Kuok's Shipping Group is expanding in adversity. If it can intentionally purchase six to seven super tankers, it is impossible not to be able to absorb these three

ship.

Even if the price is lower, as long as these three ships can be transferred in time, the loan interest fees saved and the working capital released will make Benji Sato very satisfied! However, will Guo Tianyu agree?

Benji Sato is not sure at all!

"Indonesia's gtberlianyajutanke shipping company intends to sell us six container ships of 6,000 to 8,000 teu?" At this time, Guo Tianyu also received a call from the company's headquarters.

Putting down the phone, Guo Tianyu fell into deep thought. Because one of its oil tankers leaked in the Strait of Malacca, gtberlianyajutanke Shipping Company caused large-scale pollution and faced huge claims from countries along the Strait of Malacca. This made it already heavily in debt and fall into losses.

The gtberlianyajutanke shipping company has made matters worse and has no choice but to sell its ships to raise compensation. The six container ships it intends to sell to Guo Shi Shipping Group Co., Ltd. are not very old. In five to seven years, it can be said that they are still in the

Within the golden age of the ship, a load capacity of 6,000 to 8,000 teu is considered a large ship among container ships and can be put into ocean transportation.

The asking price of gtberlianyajutanke Shipping Company is not high. Guo's Shipping Group only needs to pay a total price of US$300 million to get these six ships. And their cost that year should be more than US$400 million! Counting these five ships

After seven years of depreciation, the price is not high. And now the shipyard's quotation, after two years of decline, is almost US$378 million. Considering that these six ships can be purchased immediately

It has been put into use on routes, and there is still room for further negotiation in this quotation. Guo Tianyu feels that this deal still has merit!

It's just... Guo Tianyu is a little unsure whether he should buy these six container ships to give gtberlianyajutanke Shipping Company a chance to breathe, or whether he should simply be more ruthless and see if he can force it into bankruptcy.

Thus acquiring the entire company's fleet!

gtberlianyajutanke Shipping Company is the second largest shipping company in Indonesia. It was established in the mid-1980s and has a fleet of more than 50 ships with a total tonnage of more than 4.5 million tons. Most of the ships are owned by the company.

, only a few oil tankers are leased. Due to its late establishment, most of the ships in the fleet are relatively short, with an average age of no more than ten years. For such a fleet, it is in a period of rapid development, and at the same time, its fleet

Guo's Shipping Group, which had many ships in the fleet that needed to be scrapped, was naturally quite moved.

At the end of 1998, Guo's Shipping Group Company contacted the gtberlianyajutanke shipping company, which was rumored to be debt-ridden, and expressed its intention to acquire it. However, the board of directors of the gtberlianyajutanke shipping company rejected it without hesitation!

So this time, can Kuok Shipping Group get what it wants?

Guo Tianyu was a little undecided. Several of the board members of the gtberlianyajutanke shipping company had close ties with high-level officials of the Indonesian government. He did not rule out the possibility that they could obtain huge loans from domestic banks in an emergency. If he had been busy for a long time, he finally

But still unable to achieve the goal, it is better to put these six container ships in the bag first!

♂♂

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