The Birth of the Hong Kong Island Family.

Just as Bao Yu came to the project department office of HSBC Bank, Sundas met him.

The two met in 1952. At that time, Bao Yugang and his friends were doing trading business, and the four-person company could earn 100 million Hong Kong dollars a year, so HSBC accepted the business of his trading company.

Not long after sitting down, Bao Yugang said something that surprised Sanders: "Manager Sanders, I want to do shipping business!"

The words were full of determination; before that, he had persuaded all his relatives and friends who opposed him, including his father.

Sandas was taken aback for a moment, and then said: "The shipping business is not so easy to do!"

Another one!
Of course, in his opinion, Bao Yugang and Lin Zhichao are completely incomparable. When Lin Zhichao started shipping, his net worth was already more than ten million, and he owned three large ships when he first entered shipping.

He knew Bao Yugang well, he might not even be able to afford a seven or eight thousand ton boat.

Therefore, he was not optimistic about Bao Yugang at all.

Bao Yugang immediately said: "Since the Peninsular War, some economists said that shipping will usher in a good cycle of 20 years. Therefore, I decided to step into this industry. I am here today, hoping that you can give me some pointers, such as purchasing ship channel."

It's this set again.

Sandas persuaded again: "You have never done shipping. Like me, you used to be engaged in banking industry, and now you are engaged in trading business. You are too unfamiliar with shipping. Moreover, Hong Kong already has a shipping king. He owns With a huge fleet and an extremely sharp eye, he is a born shipping man!"

When talking about Lin Zhichao, Sanders changed his usual tone, and his tone was full of admiration.In fact, HSBC Bank is optimistic about Lin Zhichao, especially Global Shipping, which still holds a lot of high-priced long-term leases in its hands, and its profits can be regarded as profitable.

Bao Yugang knew who Sundas was referring to. Although his fellow Dong Haoyun was also a big ship owner, he could not be called the "ship king"; only Cantonese businessman Lin Zhichao, who employed more than 2000 seamen, was enough to be called the "Asian ship king" .

In fact, if Lin Zhichao's construction of 52 oil tankers with a deadweight capacity of 10 tons is reported, even the Western world will be amazed.However, Lin Zhichao deliberately confessed to the shipyard that he only allowed the big fanfare when launching.

Wang Zha naturally had to save it until the critical moment!
Bao Yugang said confidently: "He also started with a boat, and gradually developed into the king of the boat. I admire his business strategy, but it cannot prove that I am inferior to him."

Immediately, Sandas's words made him embarrassed.

"No, when he stepped into this business, he purchased a total of three [-]-ton large ships, with an investment of tens of millions. And he seized the best timing. Not long after he entered, there was a ship shortage in the Far East. I don't know how much Mr. Bao can have. Funds, enter this line?"

Bao Yugang didn't know how to answer. He hadn't prepared enough funds at all. He planned to mobilize relatives and friends to join in according to the price of the ship, and his own net worth was only more than 200 million.

"It's not a lot, but I can definitely get together the funds for a second-hand boat!"

After chatting for a while.

Seeing that Bao Yugang had made up his mind, Sandas said, "Okay then! I can introduce you to two people, hoping to help you. One is the old Mr. Madden from Wheelock. He has been making 'boats'. agent' business, but is now based in London; one is Mr. Lin Zhichao of Global Shipping, but I'm not sure he will sell second-hand boats, but he has very extensive contacts and information in the second-hand boat market in London, you can ask .”

Old Madden has been working as a "ship agent" for a long time, and even quietly sold many ships to the mainland in the name of "scrapping" to expand the navy.That's right, it's just a few merchant ships from 40 to [-] years old that were used as naval ships.

Bao Yugang is overjoyed. He is a headless chicken now. Now that Sanders introduces two big names in the shipping industry, he may gain something.

A week later.

Bao Yu just came to London excitedly, it was autumn, and London was breezy and crisp, less the usual smog, and more gloomy.He came to Old Madden's office, ready to ask for help.

Old Madden looked at Bao Yugang, who came to visit, with the same high-minded and domineering expression as always. Even when Bao Yugang talked about his idea of ​​shipping in an unassuming way, Madden suddenly wanted to laugh——do you think you are Lin Zhichao?Can all of you Chinese become ship kings?

After listening impatiently, Old Madden immediately said in a warning tone: "Young man, the investment in shipping is quite large. How much money do you have?"

Bao Yugang's face flushed suddenly, and what Old Maden said just hit his mind, and seeing the old Maden's contemptuous eyes staring at him, he raised his head, looked directly at Maden and said: "Funds There are some, but not many!"

Madden burst out laughing suddenly, and said in a sarcastic tone while laughing: "I'm afraid it's not 'not much', but so little that you can't even afford an old boat?"

Bao Yugang's face turned red all of a sudden, and Madden seemed to know his family well. Indeed, all his savings could not afford to buy an old boat, so he had to run around, looking for ways, relationships, and relationships. Loan, I made a special trip to London today for nothing more than one purpose - to borrow money, who would have thought that I would be ridiculed and ridiculed like this.

Bao Yugang only felt a burst of anger rushing straight to his head, and he clenched his fists unconsciously.But soon, he restrained himself and said in a calm tone: "Mr. Marden, although I can't afford an old boat today, it doesn't mean that I will never be able to afford a new boat in the future."

Old Ma Deng was taken aback, he didn't expect this oriental man to be so ambitious, and he was a bit like Lin Zhichao back then.

After pondering for a while, Old Madden said: "Since you are so interested and confident in shipping, I will help you. I have a ship, which was built during World War II. It is called Lord Granston, and it is worth 40. million pounds, and if you want to buy it, I can give you a 60-70% loan."

Old Madden said while handing over the ship's relevant information to Bao Yugang.

Bao Yu just took over the stack of printed materials and found that the three advantages of this ship are listed above:

[-]. The hull is made of high-quality steel plates and advanced welding technology. Compared with the boat with rivets, it is stronger and lighter.

Two, the use of turbines is more energy-efficient and the speed of the ship is faster.

[-]. The cabin is spacious and the capacity is larger than other ships of the same type made in Britain.

Bao Yugang found that the information provided by the materials did not match what he had learned.Because three days before meeting Madden, Bao Yugang began to understand the market situation of the shipbuilding industry.He had heard several London shipping managers mention the Lord Grantston, and he was extremely disinterested in it because most of Marden's ships were built during the war. Very poor, often seepage, after the baptism of war, the hull is also dilapidated, not to mention the cargo, even if it is empty, it is impossible to say where it will go.

Bao Yugang took another look at the contract that Madden handed over, and found that the above terms were complicated and harsh. It was clear that Madden deceived Bao Yugang because he had no experience in shipping and wanted to make a fortune from it.

Bao Yugang was originally a shrewd banker, so how could he not know about Madden's wishful thinking?
He suppressed the anger in his heart, and said politely to Madden: "Mr. Madden, if I buy your boat, it's not that you lend me the money, but rather I lend you the money."

Madden was stunned, knowing that he had lost his sight again. The calm young man in front of him turned out to be a shrewd businessman who had come prepared and had nothing to take advantage of.

For a while, Ma Deng couldn't find the right words to respond to Bao Yugang, so he had to laugh dryly, feeling very unhappy.

The meeting broke up unhappy, and Bao Yugang had no choice but to return to Hong Kong to find a solution.

Lin Zhichao came to Global Shipping, recruited Gao Qiqiang, and arranged: "I plan to take out a freighter of seven to eight thousand tons and go to Japan to seek a two-year contract. You can go there for me. Here is the ship's information."

Gao Qiqiang looked at the information on the freighter and said, "The Jinhai is usually a one-way short-term charter ship. If you can get a two-year charter, that would be great!"

How could he understand Lin Zhichao's thoughts!

Lin Zhichao didn't want to take a boat to sign a two-year long-term lease for no reason, but when he played golf with Sandas last weekend, he got a message-that is, Bao Yu just approached Sandas, and Sandas asked Bao Yu Yu Gang recommended Old Madden and himself.

Sanders asked Lin Zhichao if there was any contact, Lin Zhichao answered "no", and he was already careful.

It turned out that Lin Zhichao believed that one of the very important opportunities for Bao Yugang to develop rapidly in his previous life was to buy a new ship when the charter was about to expire, just in time for the "Suez crisis", and the Japanese charterer renewed the contract at several times the price.Bao Yu just used the funds from the contract renewal, and borrowed funds everywhere, and expanded to seven ships a year later.

That being the case, then Lin Zhichao can assume that Bao Yugang will find him, whether he needs help or something else.When the time comes, he will make a personal favor—not only sell him a boat, but also give him a rental channel for the boat.

At that time, the Suez crisis will come, and Bao Yugang's only boat is being rented out at a 'cheap' rate, so the natural development will suffer a setback.

As for Bao Yugang, he didn't know that the "Suez Crisis" would come next year, so he was afraid that he would be grateful to Lin Zhichao!

Of course, there is another situation, Bao Yugang will not find Lin Zhichao, so Lin Zhichao has nothing to lose.

"Talk to the shipping company first, don't rush to sign the contract, I will sign the contract in person."

"Ok, I see!"

Naturally, Gao Qiqiang wouldn't suspect anything, he just regarded it as one of the boss's management methods.

At present, there are many kinds of leasing methods for global shipping, long-term leasing occupies a large share, followed by fixed routes, and finally one-way short-term leasing; but undoubtedly all of them will expire in July next year, only a very small number of ships will expire later, but absolutely not for long.

At the same time, due to the strength of global shipping, Dong Yunhao's fleet has also been affected to some extent. After all, everyone is still in competition; after the business is reduced, the speed of Jinshan Shipping's ship purchase will naturally be invisible.

Shanghai Pai is not currently the main force in Hong Kong's shipping industry, nor will it be in the future.

Sit back and wait for the 'hook'!
In mid-September, Bao Yugang found Lin Zhichao as expected.

Of course, his purpose of looking for Lin Zhichao was not to buy a ship directly, but to seek contacts, especially experience in buying a ship in London.

"Bao Sheng, I didn't expect that after we met in a hurry three years ago, you would also be interested in the shipping industry three years later. You have a good eye, and you will definitely have a head start in shipping in Hong Kong!" Lin Zhichao sat on the sofa with Bao Yugang heartily , said.

As soon as Bao Yu saw Lin Zhichao's attitude, he was overjoyed. Recently, he was looking for funds, contacts, and boats, but because he was a layman, he hit a wall everywhere.

"Lin Sheng, I can't compare with you. My funds are limited, so I want to learn from you, or give me some advice on how to buy a ship." Bao Yugang said sincerely.

Lin Zhichao said with a smile: "I was like you at the beginning. I didn't know anything about shipping. I thought of a way. I bought a 1200-ton broken ship with my partner, and then I learned while doing it. I barely graduated a year later. As for As for buying a ship, I went to various brokerage companies in London to inquire, and later found that the British business is still very good, there is not much deceit, and the ship was successfully bought from the brokerage company.”

Bao Yugang immediately asked: "Then is there anyone who can provide installment payment?"

Lin Zhichao said: "Yes, but generally the client needs to be reputable. In your situation, you know that it will be difficult for others to recognize you when you are in this business for the first time. I'm sorry, did I say too much! "

Bao Yugang quickly said: "Lin Sheng is telling the truth, why did he come here?"

Lin Zhichao nodded. What he said is indeed true. You are a small ship owner and you are still a novice. Why should others trust you? It is impossible for novices to obtain financial convenience.

Afterwards, Bao Yugang said, "Then, is there any brokerage company that Lin Sheng is familiar with, and can introduce some selection of cargo ships?"

Seeing that Bao Yugang was so sincere, Lin Zhichao thought for a while, and said proactively: "Bao Sheng, I do have a boat that I can consider selling. This boat is a 8200-year-old second-hand boat with a capacity of 26 tons. It was originally operated for one-way short-term rental. Recently, I found that the efficiency has deteriorated, so I plan to lease it to a Japanese shipping company for a long time. If you are interested, you can consider it and introduce it to you together with the lease agreement!"

Bao Yu was stunned for a moment. He didn't expect such a good thing. Regardless of whether it was appropriate or not, he of course said: "Lin Sheng, can you look at the specific information?"

Lin Zhichao nodded, then picked up the phone and called other offices.

After a while, his subordinates brought over the information on the 'Gold Sea', and Lin Zhichao handed it to Bao Yugang.

Bao Yugang immediately looked seriously!
After a long time, Bao Yugang was quite satisfied with the ship, so he asked, "How much does Lin Sheng plan to sell this ship? What about the lease agreement?"

Lin Zhichao said: "This ship can be sold to you for 55 US dollars. The two-year lease was negotiated last week. The annual rent is 40 US dollars, and the cost will be paid back in the early two years. If you want to do it, you can do it. It can have a good rate of return and allow you to learn shipping knowledge.”

Bao Yugang felt like the sky had fallen from the sky, and he paid back his capital in the early two years, so the annual return rate was more than 40%. This business is very good!Moreover, the information on this ship clearly records the maintenance status and the condition of the equipment on board. It can be seen that the global shipping management is very good.

"Then I'll go back and think about it, and make some money by the way!"

"No problem! Help people to the end. If you almost miss it, you can give it to me after the rent. The matter of a boat is a big deal for me!"

Yes, the ship magnate has heard that he has two thousand sailors, so he may have more than fifty ships.It is understandable to sell one now.Bao Yugang thought so.

The important thing is that he felt that it was impossible for Lin Zhichao to deceive him. The two had no grievances and no enmity, and in all respects, there was no trap.Maybe, just like the rumors outside, this young rich man likes to support people.

With this in mind, Bao Yugang went back excitedly to raise money.

Seeing Bao Yugang's expression before he left, Lin Zhichao knew he was 'fooled'.

Of course, Lin Zhichao never cheated him. It can be said that no matter how many years later, Bao Yugang will thank him.

There is no problem in the whole transaction, and no one will feel that there is a problem if you change it, and you will feel that it is a bargain.

In fact, when the ship Jinhai was purchased, it was almost 55 US dollars; but if Bao Yugang went to a London brokerage company to buy it, it would definitely be tens of thousands of dollars more expensive.

In recent years, second-hand ships have been rising according to the economy.

Four days later in the morning, Bao Yugang brought all the members of the Bao family to the pier. Looking at the huge "Gold Sea", the naughty little daughter kept asking whether it was the ship.

After all members of the Bao family boarded the 'Golden Sea', everyone cheered. They soon found that the ship was very beautiful, and it was not at all like a 26-year-old ship that had been subjected to so many years of wind and rain.

Just as Bao Yu took everyone to the cabin for a visit, his four daughters were like a few happy larks, chirping and asking what is this and what is that.

On the deck, Bao Zhaolong looked at his smug son and faced the endless sea, as if adding a bit of pride.

"dad"

With a crisp accent, the youngest daughter ran over as lightly as a milk swallow,

Pulling his father's skirt, he raised his red face and asked, "What's the name of this big ship?"

"It's called..." Bao Yugang wanted to say that it was called Ying Chenna, but when he said it, he found that he didn't like the name, it was difficult to pronounce and had no special meaning.

What is it called?
He had heard that Lin Zhichao started with the word 'gold' back then, and hoped to make up 26 letters.

Now, why didn't he think so, but obviously he couldn't call it 'gold'!
"Yes! It's called Dong'an! From now on, each of my ships will be crowned with 'Dong', the east of Dongfang."

For a while, everyone applauded.

During the period, Bao Zhaolong said to Bao Yugang: "Yugang, will there be any problems with the two-year lease with Japan? Why are others willing to sell it to you after they have found a tenant?"

Bao Yugang said confidently: "Father, don't worry. After many investigations, I have found that there is no problem with the cargo ship Dong'an. As for any problems with the lease contract, I will find out from a lawyer at that time. Lin Sheng is willing to transfer it to me, I am afraid it will be him. I think the rent for a two-year lease is too cheap. As far as I know, the long-term contracts he signed before were all very expensive because the market was very good at that time. Now that the market is flatter, he may feel a little bit aggrieved, so he transferred it to me. "

Bao Zhaolong nodded and said, "It's a good business to pay back the capital in two years! As long as the ship has been running safely and steadily for two years, a ship will almost pay back the cost, not bad!"

Bao Yugang also nodded in satisfaction, and said, "Yes! This business is much easier than trading, and I can also take this opportunity to learn how to do shipping."

He is also very satisfied with the rent. Although he is envious of Lin Zhichao who signed a high-priced long-term contract before, he feels that shipping should be more stable in order to gain the trust of the bank. (end of this chapter)