Resource Tycoon Reborn

Hanjin Shipping Company, together with Korea Global Airlines, are the two pillar companies of Hanjin Group Company. They are also the largest shipping company in South Korea. Their container transportation capacity ranks eighth among global shipping companies and is an important player in the global shipping industry.

As a member of South Korea, which attaches great importance to import and export trade, its economic status is self-evident.

However, the operating conditions of Hanjin Shipping Company are not optimistic. Especially after 2008, due to the outbreak of the global economic crisis, global trade volume shrank significantly. In addition, in the past few years, due to the high freight rates, various

Major shipping companies have ordered a large number of ships to seize the shipping market. Nowadays, these ships are being delivered one after another, but the volume of global seaborne cargo has dropped sharply. The result is a serious excess of global shipping capacity and a sharp drop in freight rates.

Hanjin Shipping Company is also one of the shipping companies that has vigorously expanded its shipping capacity in the past few years. What makes Zhao Xunhao even more troubled is that among the ships operated by Hanjin Shipping Company, its own fleet accounts for less than half. In other words, currently,

Ninety-eight of the 158 ships of various types are leased, and the rest are Hanjin Shipping Company's own ships.

Self-purchasing ships and leasing ships are the two main ways for shipping companies to obtain ships. In the past, almost all ships owned by shipping companies were purchased by companies through loans and self-raised funds. However, this would occupy a large amount of money on one hand.

The company's cash flow will be tight, which will cause the company's cash flow to be tight. On the other hand, bank loans will also be recorded in the company's balance sheet, which is not conducive to the company's re-loaning. Therefore, professional ship leasing companies appeared later. Although the emergence of professional ship leasing companies

, has played a considerable role in promoting the development of modern shipping enterprises, but it also has disadvantages!

A considerable number of these leased ships were signed with ship leasing companies in the past few years by Hanjin Shipping Company in order to rapidly expand its shipping capacity. Many of these ships even signed contracts for ten years.

leasing contract. During the booming period of the shipping industry, major shipping companies would rapidly expand by leasing ships in order to expand their shipping capacity and seize the market. This also caused the chartering costs to be at a very high level, and when the shipping industry fell into a trough

During this period, in order for ship leasing companies to lease out a large number of idle ships, charter fees will naturally drop relatively low.

Hanjin Shipping Company signed a large number of charter contracts with ship leasing companies precisely at a time when charter rates were high, including a considerable number of ten-year long-term charter contracts. When freight rates were at their peak, high charter rates

It is indeed nothing, but since the outbreak of the economic crisis, freight rates have almost halved. At this time, the high chartering fees have swallowed up all the small profits of Hanjin Shipping Company. The current chartering fees are comparable.

In comparison, when Hanjin Shipping Company leased the same ship, it had to pay nearly US$10,000 more per day, which is equivalent to one-third of the rental fee! This alone makes Hanjin Shipping Company’s operating costs higher than those of its peers.

a lot of!

Zhao Xunhao is very clear about the current situation of Hanjin Shipping Company, but he is a little helpless. Although he is the chairman of Hanjin Group Company, his main foundation is still in Korea Global Airlines. In Hanjin Shipping Company, Cui Miyan's power is still

She has a certain upper hand. If she were not just the daughter-in-law of the Zhao family, and her younger brother was unable to serve as director, it is not certain who would take the position of president of Hanjin Group. A while ago, Cui Miyan almost overturned

plate.

The reason why Hanjin Shipping Company has leased so many ships, including a considerable number of ten-year long-term charter contracts, is that Choi Mi-yeon and her group played an important role in it. This makes Zhao Xunhao have a deep interest in this woman.

He was even more annoyed, but also felt helpless. With Fang Mingyuan's support, his position in Hanjin Group Company and Hanjin Shipping Company has been stabilized, but he has no obvious advantage against Cui Meiyan.

Although everyone who knows the inside story understands that Choi Mi-yeon is mainly responsible for the situation that Hanjin Shipping Company is in today, but in the eyes of outsiders, as the president, Zhao Xunhao naturally has no shirk of responsibility. Therefore, Korean society has recently

, the criticism of Hanjin Shipping Company and Zhao Xunhao is getting louder and louder day by day, which makes Zhao Xunhao very upset. It is obviously not his fault, but he is about to fall on his head.

No matter how angry Zhao Xunhao is, Hanjin Shipping Company is after all one of the important pillar companies of Hanjin Group and an important family property of the Zhao family. It is related to the status of the Zhao family in Korean society, so even if he is no longer willing to do it for

Cui Mi-yeon took the blame and had to wipe her butt and find opportunities for Hanjin Shipping Company to turn around the situation. In the Asia-Pacific region, the shipping company currently in the best position is Kuok Shipping Group Co., Ltd. Not only does it not have the pressure of losing money, it also has

There is room for acquisition of other companies.

For example, after Hyundai Merchant Marine acquired shares from Kuok Shipping Group, the situation was greatly improved. But this time, when Hyundai Group, Hyundai Motor Group, and Hyundai Heavy Industries were split, they got it from each other.

A large number of shares, and the shares held by Xuan Zhenen and Kuok Shipping Group Company today are likely to have reached the level of controlling shares.

The reason why Guo Shi Shipping Group Co., Ltd. was able to cope with the economic crisis so well is largely because the fleet of Guo Shi Shipping Group Co., Ltd. is basically composed of its own ships, and the number of leased ships only accounts for

A very small part, even negligible, so the high charter rates did not cause much trouble to Guo's Shipping Group. Stable customers and early shrinking of business are also the reasons why Guo's Shipping Group is as stable as Mount Tai

Important reasons. In the final analysis, these changes were only implemented so thoroughly after Fang Mingyuan became the president of Guo's Shipping Group Company.

Although Zhao Xunhao does not want the Zhao family's power position in Hanjin Shipping Company to be threatened in the slightest, he also understands that if the situation cannot be reversed as soon as possible and Hanjin Shipping Company continues to lose money like this, it may face serious problems in the future.

It will be bankruptcy and liquidation, and all the Zhao family's interests in Hanjin Shipping Company will be lost!

Although many people believe that as a coastal country and a country where foreign trade has become an important pillar of the country's economic development, the importance of the maritime industry in South Korea is self-evident. Hanjin Shipping Company is South Korea's domestic

The largest shipping company, Hyundai Merchant Marine Co., is not in the same weight class as it. The South Korean government will not sit back and watch the bankruptcy of Hanjin Shipping Co., Ltd. However, Zhao Xunhao believes that it is absolutely impossible to pin its hopes on the government and those officials.

Today's South Korea is no longer the South Korea it was back then. Chaebol groups have changed from targets supported by the government to potential targets of suppression. Once Hanjin Shipping Company falls into trouble, the South Korean government may actively coordinate in the early stage to help

It is out of trouble, but if all this cannot be truly changed, Hanjin Shipping Company will never be given large-scale financial and policy support.

Needless to say, which one is more detrimental to the family, the loss of all equity or the reduction of the family's equity in the company? So Zhao Xunhao has been considering whether Fang Mingyuan can also participate in Hanjin Shipping Company and become an important member of the company.

Shareholders. In this case, it will undoubtedly be more conducive to the development of Hanjin Shipping Company than the cooperation between Hanjin Shipping Company and Kuok Shipping Group Company.

But Zhao Xunhao also understands that today's Hanjin Shipping Company must have very limited appeal to Fang Mingyuan. Perhaps from a strategic perspective, Fang Mingyuan has plans to annex more shipping companies to expand Guo's Shipping Group Company, but

Hanjin Shipping Company will definitely not be at the forefront. And all he needs to do now is to work hard to get closer to Fang Mingyuan, hoping that in the future, if an emergency happens...Fang Mingyuan can really lend a helping hand.

"Master Fang, last time you mentioned the matter of investing in Hynix Semiconductor Company, I thought about it for a long time. I am really ashamed. I can only spend 200 million U.S. dollars to invest in my personal capacity. Master Fang, don't you think so of me?"

Can't you get some money?" Zhao Xunhao asked with a smile.

Zhao Xunhao personally raised US$200 million in funds and will personally invest in Hynix Semiconductor Company in the future. This answer surprised Fang Mingyuan. Since the Zhao family's industry has little to do with Hynix Semiconductor Company, Fang Mingyuan did the same at the beginning.

I feel that it is not appropriate not to say a word to Zhao Xunhao. After all, Zhao Xunhao and I have always had a good relationship. He has also helped the other party's business in South Korea. If Hynix Semiconductor turns a profit in the future, other shareholders will make money.

, it is inevitable that everyone will look ugly.

Moreover, he also knows that Zhao Xunhao currently has to focus a lot of his energy on his younger brother and sister Cui Miyan, fighting for the leadership of the Zhao family and Hanjin Group, and investing in Hynix Semiconductor Company, but he must spend real money.

Just fine.

"Of course I welcome Chairman Zhao's joining with both hands! Compared with the funds, Chairman Zhao's joining is enough to make everyone full of confidence in the future of Hynix Semiconductor Company!" Fang Mingyuan laughed with joy, since

When Zhao Xunhao said it, he would naturally not refuse. The golden name of the chairman of Hanjin Group Company still has great influence in Korean society. With him standing in the same camp, Fang Mingyuan felt a lot more at ease.

Although they successfully suppressed the Zheng brothers, successfully helped Xuan Zhenen get out of the shadow of the Zheng brothers, and the Fang family also successfully became one of the important shareholders of Hyundai Group Company, Fang Mingyuan knew very well that this did not mean that

He can have the power to control the wind and rain in South Korea! All this is just a "premeditated" ambush targeting specific people during a special period. In his previous life, he was only a semi-otaku after all. Things in South Korea have nothing to do with it.

Many of them got a general idea from Korean entertainment novels, and then they became interested in learning about them. As for Korean companies, those are the ones he pays attention to!

The reason why he suppressed the Zheng brothers so successfully is due to a mixture of many factors. There are many people in South Korea who are unhappy with the Zheng brothers, so there are many people who sit on the mountain and watch the fight between tigers, and some want to help the Zheng brothers.

You must also consider whether someone will try to steal your back; the Korean government's attitude towards chaebols is no different than before. Many officials would like to see the Zheng brothers suffer; during the economic crisis, no one wants to get involved with the Zheng brothers and Fang.

Let’s forget about the fight between the family and Xuan Zhenen; no one thought that Fang Mingyuan set up a serial trap for the Zheng brothers. First, he stole most of the working capital from the Zheng brothers’ hands, and then the real killer was in the United States; there were many people

Sympathy for Xuan Zhenen, helping them overtly or covertly...etc., etc., this series of factors led to this overwhelming victory. And next, if the Fang family wants to continue to expand their influence in South Korea

If you use force, you will inevitably encounter resistance from all aspects. You must know that South Korea is not an open country!

Therefore, Fang Mingyuan hopes to attract more local Korean families to join his camp. On the one hand, this will be more beneficial to the Fang family's economic activities in South Korea, and on the other hand, it can further expand its influence on Korean society.

Zhao Xunhao waved his hand and said: "Young Master Fang is joking. As a layman, what kind of confidence can I give everyone? In my opinion, it should be Young Master Fang who gives me, a layman, confidence. In fact, it stands to reason that I should give Fang Shao the confidence."

I would like less and greater support, but the current situation of Hanjin Shipping Company really makes it difficult for me as the president to hold my head high. Even if I have some spare money, I have to keep it in case of emergencies. Therefore, Mr. Fang does not dislike Mr.

I’m very happy.”

Fang Mingyuan nodded. He knew the current situation of Hanjin Shipping Company very well. It could be said that it was on the verge of having to change. Although he did not know what the fate of Hanjin Shipping Company would be like in the future, he did know what the next few years would bring.

Here, the global shipping industry will face severe challenges, and global shipping companies are likely to be forced to undergo a new round of reshuffle! In this wave, whether Hanjin Shipping Company can resist it, Fang Mingyuan will

Don’t know anymore.

Zhao Xunhao was so knowledgeable and knowledgeable that Fang Mingyuan felt a little guilty for "accepting" his support like this.

"Chairman Zhao, my personal opinion is that the global shipping industry's freight rates are sluggish and the situation of severe overcapacity will continue for a long time. Hanjin Shipping Company continues to maintain too many chartered ships in its fleet..." Fang Mingyuan said a little

After a pause, he continued, "Especially those ships whose lease terms are as long as ten years and whose charter fees are quite high may become a black hole for the company's profits. Haven't you thought about talking to the ship lessor?"