Resource Tycoon Reborn

Cui Miyan's face turned a little blue. She didn't expect that Zhao Xunhao would come up and point the finger at her. The ten-year contract signed by Hanjin Shipping Company and Seaspan Company was precisely because of her strong push.

It was approved by the board of directors, and it was also her idea for Hanjin Shipping Company to lease ships on a large scale.

Zhao Xunhao looked at her for a few times and continued: "I don't want to hold anyone accountable for this now. The most important thing is how to reverse the current situation of the company! Can you guys tell me what you think?"

Cui Miyan secretly breathed a sigh of relief. If Zhao Xunhao persisted in this issue, she would really be in big trouble.

"We are continuing to discuss with ship leasing companies and asking them to reduce leasing costs, and we can not renew some of the ships that are about to expire to reduce the company's ship leasing costs." Park Zhenhai said bravely,

"We can take out long-term loans from the Industrial Bank to ensure that we can survive this most difficult period."

"Our borrowings from banks have accounted for 70% of all liabilities, and the total debt has reached 2.9 billion and nearly 3 billion US dollars. I am afraid it will not be easy to continue to get loans from the Industrial Bank."

The director retorted, "Moreover, the interest paid on bank loans will further reduce our profits. From a long-term perspective, what we need is investment, not loans."

Everyone present was silent. Not to mention who else would invest in Hanjin Shipping Company, which was already showing signs of being in a mess at this time. Even if they could attract investment, it would also mean that the shares in the hands of these people

will be diluted, which will undoubtedly affect their control over Hanjin Shipping Company. But they also understand that if Hanjin Shipping Company continues to lose money like this, even when the shipping industry recovers, it will definitely be severely damaged.

It's hard to say that he won't be able to cope with the next group of heroes coming together.

"By the way, there is one more thing I want to ask, President Park. I found that the age structure of our fleet is very unreasonable?" Zhao Xunhao turned his eyes to Park Zhenhai and said coldly, "In the fleet,

With such a high proportion of new ships, have you considered how to arrange future dock repairs according to the current international ship inspection rules?"

Park Zhenhai was startled for a moment. According to the current international ship inspection rules, ships must undergo dock repairs twice in every five-year cycle, that is, entering the dock for repairs. During the dock repair period, extensive repairs to the hull structure and mechanical equipment are required.

The overall amount of maintenance work is large, it will take a long time, and the cost will naturally be relatively high. During this period, the ship will naturally have no freight income. If it is a leased ship, it will have to pay rent. Such miscellaneous things

After calculation, the expenditure is extremely considerable. However, this kind of expenditure can be said to be an operating cost that every shipping company must bear.

Zhao Xunhao turned around and gestured slightly, and his secretary immediately took out several pieces of information from his briefcase and distributed them. Zhao Xunhao said: "I have just noticed that the age structure of our fleet is very unreasonable. If we talk about these

If I am not wrong about the age of the ships, then in the next two years from 2013 to 2014, at least two-thirds of the ships in our fleet will need to complete dock repairs...

…”

Before Zhao Xunhao finished speaking, everyone present had already uttered exclamations. From the data, it can be seen that the number of ships that Hanjin Shipping Company needs to undergo dock repairs in 2013 accounts for 10% of its fleet.

The proportion is as high as 37.7%, and the proportion of ships that need to be docked in 2014 is even more astonishing, reaching 37.4%! So many ships require

Completing the docking repairs in two years, not to mention the impact on the company's shipping capacity, the cost of docking repairs for these ships alone is not a small sum.

Park Zhenhai's face also became extremely ugly. If the company's ship lease was too high and the debt structure was unreasonable, he could still blame it on Cui Miyan and the others. However, the age structure of the company's fleet was so unreasonable, but he had never done it.

Realizing that, as the president, who can he blame for this?

Looking at the gloomy and astonished expressions of the directors present, Zhao Xunhao felt that he had finally found some psychological balance. When Fang Mingyuan pointed out this problem, his face was even uglier than those of those present. Thanks to Fang Mingyuan

The matter was revealed more than a year in advance, allowing Hanjin Shipping Company to have enough time to make adjustments. If this really happened only to be discovered when it came to the end, Hanjin Shipping Company would have a difficult life. If this happened

It has been still at a loss for two years. Maybe all the working capital on hand will be filled in by then, and it will not be enough! Such a low-level mistake actually happened to Hanjin Shipping Company, which also makes Zhao Xunhao feel ashamed.

"I'm sorry, this is our work error. Such an important matter was not discovered in time, and it was really derelict of duty for the president to wake us up!" Park Zhenhai stood up and bowed deeply, with a sad tone.

Honestly. Since the responsibility cannot be shied away, then it is better to take a gamble! Since Zhao Xunhao did not target Choi Mi-yeon with a high-priced lease contract, he might let himself go.

"It's really a dereliction of duty! There are so many people in the management, but no one noticed this problem?" A director said angrily, "Is this how you treat the trust that shareholders place in you? President Park, you must

Take responsibility for this!"

"I object. President Park manages the entire Hanjin Shipping Company, and it is impossible to pay attention to the normal operation of every department of the company at all times." Urged by Cui Miyan's eyes, a director immediately retorted, "That would only make things worse.

President Park is exhausted and does not have enough energy to fulfill his important responsibilities."

"If this information is indeed correct, his important duties as president have not been fully fulfilled!" A director held up the information and said angrily, "I really can't believe such a bad low-level mistake.

, it was actually committed by the elites hired by our company with high salaries!"

"There are no saints. Everyone makes mistakes. We cannot erase all of President Park's achievements just because of this mistake." Cui Miyan said softly, "I think since the president has discovered this

problem, our most urgent thing now is to solve this problem as soon as possible, rather than rushing to find out who is responsible. Management turmoil will not only seriously affect the company's normal operations, but also make it difficult to solve this problem.

It has caused many obstacles! I think President Park should be given this opportunity and he should be responsible for solving this hidden danger as soon as possible." Seeing the public opinion, she could no longer sit back and watch if Park Zhenhai was really kicked out.

As for the position of president, she is probably the one who will suffer the most losses.

Another director said dissatisfiedly: "Director Cui, how can you be sure that President Park has enough ability to solve this problem? The company suffered such serious losses in the first half of the year, and he also bears the unshirkable responsibility." Standing there.

Of course, Jo Hoon-ho, a director who dislikes Choi Mi-yeon, will not miss this opportunity to bring down Park Jin-hae. Which party holds the position of president is crucial.

"The global environment is like this, and President Park is not a god, what can he do?" Cui Miyan retorted, "How many of the world's top ten shipping companies have made profits? Do you think you are sure that you can hire someone who can turn the company's performance around?

Ying’s new manager?”

"Far away there is Kuok Shipping Group, and nearby there is Hyundai Merchant Shipping Company. They are both profitable companies." Another director interjected, "And among the top ten shipping companies in the world, how many of them have suffered such serious losses? Director Cui

Don’t confuse concepts.”

Cui Miyan couldn't help but feel a little panicked. She didn't expect that Zhao Xunhao, who had lifted up and put down gently on the previous matter, would insist on this matter. If Park Jinhae was kicked out as president,

The change of position also meant that her influence in the company was greatly reduced, and she couldn't help but turn to her companions for help.

"Okay!" Zhao Xunhao suddenly said, "I have just said that now is not the time to hold people accountable. We have to settle old scores. There will be plenty of time in the future. What is important is how to solve the current difficulties the company is encountering! Solve the problem

, this is the most important thing. I don’t expect to be able to turn a loss into a profit immediately, but losing hundreds of millions of dollars a year is an absolutely unacceptable result. Everyone is a shareholder, and we don’t expect that in today’s environment, Han Jin

How much assets can the shipping company earn for us, but it must at least ensure basic preservation of value, right?”

Cui Miyan, Park Zhenhai and others couldn't help but were startled again. It was really strange that Zhao Xunhao suppressed the matter temporarily instead of using it to attack them. However, Zhao Xunhao did not dwell on this matter.

It also made them secretly relieved.

"What the president said is that we put the cart before the horse a little bit," the directors on Zhao Xunhao's side said one after another.

Zhao Xunhao turned his eyes to Park Zhenhae again and said: "President Park, do you have any good suggestions for the hidden danger of unreasonable age and structure of the ship?"

Park Zhenhai's heart that had just been relieved was raised in his throat again. He had just learned about this matter. What feasible plan could he come up with in a hurry? But as the president, when faced with the president's inquiry, what should he say?

If you can't even explain it, what will the directors here think and think about themselves?

Park Zhenhai pondered for a moment before saying: "The incident happened suddenly, and I couldn't come up with any good ideas in a hurry. But fortunately, the president found out early, and we still have more than a year to adjust the dock repair time of these ships. Or rather

, we can advance the docking time of some of the ships. We can also minimize the docking time to reduce our losses." According to the current international ship inspection rules, ships must undergo two inspections within each five-year cycle.

For minor docking repairs, it is in line with ship inspection requirements to advance the docking repair time of the ship. Although this will also cause some losses to Hanjin Shipping Company, it is almost two-thirds of the cost of intensive docking repairs within two years.

The ships are nothing compared to them.

Zhao Xunhao was silent, and the directors were also considering the choice between the two.

After a long while, Zhao Xunhao raised his eyes and glanced at everyone, and said in a deep voice: "Do you have any better ideas?" No one from the directors present responded.

Zhao Xunhao added: "What President Park said can be regarded as a solution to this problem. However, reducing the time for dock repair may also cause other serious consequences. I do not agree with it. Now I will talk about my

Idea. I plan to replace some of the ships that will be docked in 2013 and 2014 with similar ships from other shipping companies, so as to avoid too many ships undergoing docking during this period. No

I know what you think."

Replacement? Everyone blinked, and some couldn't turn around for a while. Zhao Xunhao explained again. In fact, in short, some of the ships that will be docked in the next two years have been replaced with similar ships from other shipping companies in 201

Ships that have been docked three years ago, or that will be docked after 2014, can be leased to each other, thereby achieving the purpose of avoiding intensive docking of ships.

Park Zhenhai hesitated for a moment and said: "President, this plan can indeed solve the problem of over-concentration of shipyard repairs to a certain extent. But who will agree to exchange ships with us?" Among the fleet of Hanjin Shipping Company

There are mostly large ships, and among these domestic shipping companies in South Korea, including Hyundai Merchant Marine and Stx Group, the total number of large ships is not necessarily more than that of Hanjin Shipping Company. Moreover, the peers are enemies, and he does not

It is believed that these shipping companies will help them tide over the difficulties.

"Master Fang has promised me that he will help us coordinate." Zhao Xunhao said calmly, "Moreover, I plan to send part of the ship's dock repair work to China to reduce the cost of dock repair."

Cui Miyan, Park Jinhae and others immediately opened their eyes and subconsciously wanted to refuse. After so many years, Hanjin Shipping Company has a stable partner for dock repair work in addition to its own shipyard. Of course, these

Most of the partners are inextricably linked to them. Zhao Xunhao wants to move some ships to China for docking repairs. This can certainly reduce the cost of docking repairs, but these partners will definitely "rebel"

!

But they couldn't say anything against it. Zhao Xunhao was wiping their butts! Besides, they still had huge leverage in Zhao Xunhao's hands. If Zhao Xunhao was offended, Zhao Xunhao would hold them accountable.

You can't even get away!

There was a temporary silence in the room. Zhao Xunhao said: "President Park, please seriously consider this plan and give me a feasibility report within three days. Now let's talk about another thing. I plan to introduce new investors to the company!"