We're building a super chaebol in Hong Kong

"Running a logistics company isn't something you can accomplish with just confidence!" Su Cheng didn't agree with Li Yihui just because he seemed full of confidence.

Li Yihui, after all, came from the petrochemical industry. Although BP Oil also has a shipping subsidiary, and Li Yihui previously managed the business in Asia, BP Oil's shipping subsidiary isn't very large.

Su Cheng had very high hopes for this logistics company that was about to be established.

If a logistics company develops well, its potential in the future is limitless.

"I can invite Mr. Daniel Harry, the former president of Maersk's Asia-Pacific region, to serve as the president of the logistics company. I wonder if the boss has any knowledge of Maersk?" Li Yihui asked.

Maersk? Su Cheng certainly knew of them. This was the leading of the world's top ten famous shipping companies in the future, the world's largest container shipping company.

In the world before Su Cheng's transmigration, Maersk was already a super-large freight logistics company integrating sea, air, and rail transport.

However, it was clear that in this era, Maersk had not yet reached this position. Currently, their strength even had a significant gap compared to the Baochuan King's Global Shipping Company.

However, Maersk was also a multinational company with relatively rapid development in the world's shipping industry. In recent years, its scale had been steadily and rapidly improving.

Therefore, being able to serve as the president of Maersk Asia definitely meant he had the ability.

"I know Maersk, but I don't know this Mr. Daniel Harry," Su Cheng said truthfully.

Maersk also had a branch in Xiangjiang, but the headquarters for the Asia-Pacific region was in Singapore.

After all, Singapore, relying on the advantages of the Strait of Malacca, was much better than Xiangjiang at this time.

However, after Huaxia began to develop in the future, Xiangjiang's advantages would be even better than Singapore's, so the Asia-Pacific headquarters would later be moved to Xiangjiang.

It was precisely because of this that Li Yihui met Maersk's Mr. Daniel Harry when he was in Singapore, and they became very good friends.

"Mr. Daniel Harry has served as the president of Maersk's Middle East region and the president of the Southeast Asia region. Five years ago, he began serving as the president of the Asia-Pacific region. He is a regional giant in Maersk. I met Mr. Daniel Harry a long time ago when we cooperated on company business, and later he became my friend," Li Yihui introduced.

"Since he was the former president of Maersk's Asia-Pacific region, why isn't he still at Maersk now?" Su Cheng asked in surprise.

In Su Cheng's view, the prospects of working at Maersk should be quite good.

But since he was the former president, then he should no longer be employed at Maersk.

"He came out to start a business two years ago and founded Dali Logistics Company in Singapore, mainly focusing on business between Europe and Singapore. This year, just as his company was preparing to start financing to accelerate its development, a leased large container freighter under Dali Logistics Company was robbed, ship and cargo, in the Somali waters, causing heavy losses to their company. It can be said that two years of effort were not only wasted, but also exhausted all his savings over the years." Speaking of Daniel Harry's affairs, Li Yihui deeply felt sorry for him.

"Then contact him and see if he is willing to come," Su Cheng decided to give him a chance.

Having experience as a regional giant in a multinational corporation, and also having entrepreneurial experience, such a person is indeed a talent. It would be best to pull him over.

This Daniel Harry's entrepreneurial failure cannot be said to be due to his lack of ability, but only that his luck was bad.

"Don't worry, leave it to me. Daniel Harry is now in debt for millions of Hong Kong dollars. I think he very much needs a job that is both high-paying and has good development prospects," Li Yihui said with a smile.

"Since there is a suitable management candidate, then I will leave the logistics company to you. I will directly allocate 200 million Hong Kong dollars to you. This money is enough to develop a logistics company into a large logistics enterprise," Su Cheng said directly.

It wasn't that he so trusted Li Yihui, but that he would also have people investigate this Mr. Daniel Harry clearly afterwards. At that time, whether Li Yihui had lied or not, he would know it clearly.

Moreover, three years ago, when Su Cheng was developing the Tianyuan Investment Company, he had already developed a very mature capital supervision team. Su Cheng wasn't worried about the use of the allocated funds.

"200 million Hong Kong dollars is enough, even the initial funds don't need that much," Li Yihui thought for a while and said.

To develop a logistics enterprise, the most money-consuming thing in the early stage is in purchasing ships, airplanes, vehicles, and the like.

Therefore, many logistics companies without financial strength basically rely on leasing to develop in the beginning. This not only reduces risks, but also doesn't require too much investment.

For example, many of the Global Shipping Group's large ships that are not currently in use are leased to some logistics companies.

However, Su Cheng didn't need to rent ships or airplanes, he had plenty of money.

Su Cheng had previously learned about the current second-hand ship market from Baochuan King.

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In 1967, Israel occupied the Sinai Peninsula, and the Suez Canal became the front line. The canal was closed for as long as 8 years. Ships that used to detour through the Suez Canal had to go around the Cape of Good Hope, which greatly stimulated the shipping industry.

In addition, world industrial trade was also in a period of prosperity in the late 1960s. The global maritime trade volume soared during this period, from 1.81 billion tons in 1966 to 3.23 billion tons in 1973, an increase of 78%. The global demand for ships in seven years was greater than the total demand in the nearly 20 years after World War II.

Although shipbuilding capacity expanded rapidly, the transport capacity was still in short supply. It was difficult to find a ship in the market. Many shipowners who were on the verge of bankruptcy suddenly found that their freight revenue could repay all their debts. The shipping industry instantly became the most promising and profitable industry at the time, and banks invested in the shipping industry.

Therefore, the late 1960s was also known as the golden age of the global shipping market.

Baochuan King relied on this golden age of the global shipping market to seize the best opportunity to develop, and now he has firmly established himself as the head of the world's ship kings.

However, this extreme increase also laid hidden dangers for the market's decline. For example, a second-hand VLCC was about 26 million US dollars in 1970-1971, but it rose to 61 million to 73.5 million US dollars in 1972, and the price almost tripled, so the crisis was self-evident.

In the 1970s, a large number of speculative investments led to a serious oversupply of tanker capacity, oil prices rose, oil imports plummeted, and maritime demand was sluggish.

And now, it is experiencing the second world oil crisis.

It was precisely because Baochuan King saw such a large environment in the shipping industry that he had the idea of abandoning the ship and going ashore.