People in Hong Kong create super chaebols

Chapter 414 The Right Person

"Running a logistics company successfully cannot be done with just confidence!" Su Cheng did not agree to Li Yihui just because of his confidence.

After all, Li Yihui is from the petrochemical industry. Although BP Petroleum Company also has a shipping subsidiary, and the business in Asia was previously managed by Li Yihui, the scale of BP Petroleum Company's shipping subsidiary is not large after all.

Sioux City has very high hopes for this upcoming logistics company.

Logistics companies, if they develop well, have unlimited potential in the future.

"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 knows Maersk?" Li Yihui asked.

Maersk?Of course Su City knows it. This is the first of the ten famous shipping companies in the future and the largest container shipping company in the world.

In the world before Sioux City traveled through, Maersk was already a very large freight logistics company that integrated sea, land and air transportation, including shipping, air transportation, and railway transportation.

However, it is obvious that in this era, Maersk has not yet reached this status. Now, their strength is even far behind that of Global Shipping Company, the king of charter shipping.

However, Maersk is also a multinational enterprise that has developed relatively rapidly in the world's shipping industry. Over the years, its scale has been steadily and rapidly improving.

Therefore, if you can serve as the president of Maersk Asia, you must still have the ability.

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

Maersk also has a branch in Hong Kong, but its Asia-Pacific headquarters is in Singapore.

After all, Singapore relies on the advantages of the Strait of Malacca, which is much better than Hong Kong today.

However, when China begins to develop in the future, Xiangjiang's advantages will be better than Singapore's, so the Asia-Pacific regional headquarters will be moved to Xiangjiang in the future.

It is precisely because of this that when Li Yihui was in Singapore, he met Mr. Daniel Harry of Maersk and became a very good friend.

"Mr. Daniel Harry once served as the President of Maersk's Middle East Region and the President of Southeast Asia. Five years ago, he served as the President of the Asia-Pacific Region. He is the Minister of Border Affairs of Maersk. Mr. Daniel Harry and I have cooperated through the company's business a long time ago. We got to know each other, and he later became my friend." Li Yihui introduced.

"Since he is the former Asia Pacific president of Maersk, why don't he continue to work for Maersk now?" Su Cheng asked in surprise.

From Sioux City's perspective, the prospects of working at Maersk should be pretty good.

But since he is a former president, he should no longer serve in Maersk.

“Two years ago, he started his own business and founded a 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 development, A large rented container ship owned by Dali Logistics Company was robbed with its cargo in the waters of Somalia, causing heavy losses to their company. It can be said that the two years of hard work were not only in vain, but also all his money over the years. All my savings have been exhausted." Speaking of Daniel Harry's incident, Li Yihui felt deeply sorry for him.

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

He has the experience of serving as a border minister in a large multinational company and also has the experience of starting a business. Such a person is indeed a talent, and it would be best to bring him over.The failure of Daniel Harry's business cannot be said to be due to his poor abilities, but only to his bad luck.

"Don't worry, leave it to me. Daniel Harry is still in debt of millions of Hong Kong dollars. I think he needs a job with both high salary and development prospects." Li Yihui said with a smile.

"Since we have suitable management candidates, I will leave the logistics company to you. I will directly allocate 2 million Hong Kong dollars to you. This money is enough to develop a logistics company into a large logistics enterprise." Su Cheng directly said.

He doesn't mean that he just believes in Li Yihui, but he will have people investigate Mr. Daniel Harry afterwards. When the time comes, he will know clearly whether Li Yihui lied.

Moreover, three years ago, when Su City was developing Tianyuan Investment Company, it had already developed a very mature fund supervision team. Su City was not worried about the use of the allocated funds.

"2 million Hong Kong dollars is enough. You don't even need that much upfront capital." Li Yihui thought for a while and said.

When developing a logistics enterprise, the most expensive part in the early stage is the purchase of ships, aircraft, vehicles, etc.

Therefore, many logistics companies without financial strength basically relied on leasing for development at the beginning, which not only reduced risks but also did not require high investment.

For example, many large ships currently not in use by Global Shipping Group are leased to some logistics companies.

However, Sioux City does not need to rent a boat or plane, he has plenty of money.

Su Cheng had learned about the current second-hand ship market from Charter King before.

In 1967, Israel occupied the Sinai Peninsula and the Suez Canal became a frontline. The canal was closed for eight years. Ships that used to detour through the Suez Canal had to go as far away as 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 60s. Global maritime trade volume increased rapidly during this period, soaring from 1966 billion tons in 18.1 to 1973 billion tons in 32.3, an increase of 78%. In seven years, The global demand for ships is greater than the total demand in the past 20 years after World War II.

Despite the rapid expansion of shipbuilding, shipping capacity is still in short supply, and it is "hard to find a ship" in the market. Many shipowners who were on the verge of bankruptcy suddenly found that their freight income could repay all their debts. The shipping industry suddenly became the most promising at that time. And the most profitable industry, banks are investing in the shipping industry.

Therefore, the late 60s is also known as the golden age of global shipping market development.

The chartered shipping king relied on this golden age of the global shipping market to seize the best opportunities to develop, and now it has firmly established itself as the first shipping king in the world.

However, this extreme rise also laid hidden dangers for the market recession. For example, from 1970 to 1971, a second-hand VLCC sold for about US$2600 million, but by 1972 it rose to US$6100 million to US$7350 million, and the price almost tripled. The crisis is self-evident.

After the 70s, a large amount of speculative investment led to a serious excess of tanker shipping capacity, rising oil prices, a sharp decrease in oil imports, and sluggish demand for shipping.

Now, we are experiencing the second world oil crisis.

It was precisely because the charter king saw the general environment in the shipping industry that he had the idea of ​​​​abandoning the ship and landing.

(End of this chapter)