Rebirth of the Strongest Tycoon - Vol 3 Chapter 1422

“Hehe, Huaguang Shipping is suspended!”

Early that morning, Xia Yu received the latest news from the following newspaper, but was not surprised.

Huaguang Shipping Company is currently the third largest shipping company in Hong Kong, second only to 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, Bao Yugang, Dong Haoyun, and Cao Wenjin were called the “Four Big Ship Kings” of Xiangjiang.

But then Bao Yu just abandoned the ship and went ashore, leaving three of the four Chinese ship kings.

In addition to the main business Huaguang Shipping Company, the Zhao family also has another secondary core Far East Real Estate Company, which is the predecessor of the later Shi Zhuoneng Real Estate Company.

Only because Xia Yu strongly suppressed the housing price of Xiangjiang, the real estate market of Xiangjiang can only rely on commercial real estate to develop, so the development of Far East Real Estate can only be regarded as good, not excellent.

After all, in Xiangjiang, Hong Kong, 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 districts, then the development cost of commercial real estate will inevitably be extremely high.

However, if you want to build a mature and prosperous business district, it is extremely necessary to integrate all kinds of resources in the society, and to invite all kinds of businesses with high traffic to settle in.

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

“Liabilities exceed HK$100 million, assets are HK$9.7 billion, and the market value has dropped to HK$9.6 billion. Trading has now been suspended.”

“The debt ratio has reached 856. Although there is still a certain distance from bankruptcy, but the capital chain is broken, Zhao Congyan’s rescue is very difficult.”

“The performance debt that is due soon is 11.7 billion Hong Kong dollars. Now there is definitely no bank that dares to transfer loans to him.”

Thinking of this, Xia Yu picked up his mobile phone and gave Huo Jianning a call, asking him to arrange for Wheelock Shipping Company to increase the acquisition of Huaguang Shipping Company in the bargaining operation of the shipping market.

Although Huaguang Shipping Company’s total assets are now only 9.7 billion Hong Kong dollars, it is now the lowest time for ship prices.

When it comes 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 freighters is only one-fifth of the selling price of new freighters of the same size before the outbreak of the shipping crisis six or seven years ago!

As long as the global shipping market goes out of the trough, it will be easy for Huaguang Shipping Company’s total assets to rise to 20 billion Hong Kong dollars, and the debt ratio can drop below 50 all at once.

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

Of course, the premise is that after Wheelock Shipping Company acquires Huaguang Shipping Company, it will keep this company alone instead of merging.

But in any case, bargain-hunting at this time, make sure to make a profit without losing it!

In July, heavy news continued to spread in the global shipping market.

The first is the island country.

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

Because of its 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 has begun bankruptcy and reorganization.

Even if some investors are found, they are all relatively small and unable to support the completion of the reorganization of Sanguang Steamboat Group.

As a result, Sanguang Steamboat Group can only slow down the pace of restructuring, while restructuring, while actively looking for investors.

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

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

After letting these companies come forward, it only cost 32 billion yen to get the entire Sanko Steamboat Group in the bag.

Of course, 32 billion yen can be obtained by any company. The key reason why so many companies are required to sell together is to undertake the original high debt of the Sanguang Steamboat Group.

This acquisition went smoothly. Even if the relationship was not used, the island government was very active in supporting it.

After all, the Sanko Steamship Group completed its reorganization a day earlier, and only shipbuilding companies such as Sebo, Kawasaki, Hakodate, Usuki, Oshima, Keihin, and General Shipyard can follow the crisis and rescue the entire island country’s shipbuilding industry.

In addition to the acquisition of Sanguang Steamship Group, Xia Yu’s all-day consortium also has a series of major moves in the island country.

The first is the wholly-owned acquisition of the Imabari Shipbuilding Group, which has no background in the six major consortiums in the island country. This is a shipbuilding company established in 1901 and ranked ninth in the island country’s shipbuilding industry.

After acquiring the Imabari Shipbuilding Group, they were allowed to make successive moves and acquired some troubled shipyards in various parts of the island country.

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

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

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

And on the European side.

The Bright Fund has launched.

First, at a price of 19.7 billion pounds, the wholly-owned Danish giant company Mueller Maersk was acquired.

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

The key to the acquisition is that its two pillars, shipbuilding and maritime transportation, and oil and natural gas exploration and extraction, are all caught in a quagmire.

International oil prices have fallen like dogs, and the global shipbuilding and shipping markets have been sluggish for so many years, making Müller Maersk suffer serious losses.

After taking it, the Bright Fund immediately mobilized its financial companies to provide it with a loan of one billion pounds.

After receiving this loan, Mueller Maersk became a strong company.

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

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

It also acquired the British Railway Container Transport Group for 1.7 billion pounds, and the Java Group of the Netherlands for 1.5 billion pounds.

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

Muller Maersk has completely secured its position as the hegemon of the global container shipping company.

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

Based on the original market shares of these five container companies, they together account for 432 of the global container transportation market.

On Wheelock Shipping’s side, the actions are not small.

First, at a cost of 9.2 billion US dollars, it wholly acquired the Norwegian shipping boss Ben Gesen Group, which is the world’s largest liquefied gas and natural gas transporter with a total load capacity of 5.24 million tons.

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

Coupled with the second-hand freighters bought by Wheelock Shipping Company on wild dips.

As a result, the total deadweight of Wheelock Shipping’s fleet soared to 15.25 million tons!

Orient Overseas, another shipping giant in Hong Kong, is not far behind. UU Read www.uukānshu. com has hunted down some cargo ships and increased the total carrying capacity of the fleet to 12.8 million tons!

Just over a month.

Three ten-million-ton-class shipping companies suddenly emerged in the global shipping market, and one of them had a capacity of over 20 million tons, which really shocked everyone’s attention.

Moeller Maersk has a capacity of 22.3 million tons, ranking 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 Steamboat Group, its capacity has dropped from 10 million tons, leaving only 8.02 million tons, but it is still enough to rank fifth in the world!

Xia Yu has become the world’s ship king behind the scenes of absolute status!

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 US$1,387 per barrel, it started to rebound the next day.

And it went higher for a week in succession, returning to 14 dollars a barrel.

The financial market judged that the international crude oil price has begun to bottom out and rebound, and it has quickly revived the global shipping market.

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 he doesn’t need to worry about them.

What’s more, he didn’t have the thought to deal with it.

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

He is rich again!