This Is How I Became a Chaebol
Chapter 76
076 : Cuban cigars for men
“How did you come to that conclusion?”
“It is an inference. Thanks to the consumption of the post-war baby boom generation, the volume of goods transported around the world is growing exponentially, and the United States must die not only for trade but also for transporting military supplies to Vietnam.”
“It’s not like I’m going to die. Whoops.”
“Is it really so? Such bluffing would work if Japan helped, but Japan would be busy exporting its own products. Wouldn’t it be ten times a hundred times better for the US to focus on the Atlantic route than the Asian route? I think we need a shipping company in the Pacific Ocean that will move the goods wherever we want at a low price.”
“For example, Daese Shipping?”
Ugh, I know you entered the port of Portland under the name of a major shipping company.
Also, I got it right.
“Is this my own delusion?”
“No, no. It’s an incredibly accurate analysis.”
If you are a plant worker or shipbuilding or heavy industry person, you cannot know what the shipping industry was like in the late 1960s.
Until the first oil shock in 1973, the shipbuilding industry enjoyed an extremely booming period, led by container ships, and charter rates and shipping rates rose like crazy.
Even this kind of thing was reproduced exactly to the point of being called a reprint before and after the Lehman crisis.
“If you choose Daesae Shipping, we will be your best partner.”
“like. I hope Korea covers the Middle East, Southeast Asia, and Taiwan with exceptionally low logistics costs. Of course, if you still have the strength to cover North America, that’s the icing on the cake. Oh, of course you can’t leave out Vietnam. It’s because our American soldiers are there.”
It was a typical American idea to do dangerous and low-cost work to other countries.
But for me it’s a good thing.
Even if the logistics cost is exceptionally low, considering crude oil imports, military supply to the US military, Quy Nhon, and exports to North America, it is a business that remains unconditionally.
Most of all, I will have a shipping company that I will manage.
Considering future growth, this is a must.
“What if it’s unconventional?”
“How about 70% of international sea freight? Instead, they join the Pacific Shipping Alliance.”
“It’s 70%…”
It means that if they cut the freight rate by 30%, they will put it in their shipping cartel.
“They say that putting a new shipping company into a shipping alliance is an unconventional thing.”
“Let me tell you a really unconventional condition. Maintained for 10 years at current global rates. How is it?”
If you make a long-term contract at the current price, you will eventually benefit.
Because of the oil shock, the volume of goods transported and shipping rates plummeted.
If you insist on getting your money right now, you will end up receiving a true education for beginners who will not be able to receive goods at the port, will not be able to unload cargo, and will have to pay a lot of penalties.
“It’s a 10-year contract at the current rate, so the conversation goes well.”
“The most important thing remains. If you want to do something, isn’t it the order to give the boat?”
“You are misunderstanding something. I lent 100 million dollars to Korea, but I have to pay for it and buy a boat.”
“You want to buy a boat?”
“At a time like this, should I spend money, and when would I spend it? The Silverstein family sells a 50,000-ton used tanker (oil tanker) for $15 million and a 10,000-ton general cargo ship for $3.5 million.”
It is also a Jewish method of calculation.
They lent money, so they bought their own things.
“good. You don’t seem to have any intention of renting a boat, but let’s look into the other side and contact you.”
“You’re free to find out, but you’d better not expect anything. While charter rates are rising like crazy, other shipping companies can’t help CS. However, CS will not have the money or time to order new ships.”
Nancy seemed convinced that I was going to buy the Silverstein family ship.
They pretend to give it for me, but in reality it was carefully planned.
Nancy, the highest-ranking Jewish family, also knows that within a year or two Israel will start a Middle East war and the Suez Canal will be blocked.
At that time, oil tankers under 80,000 tons that can pass through the Suez Canal will be worth shit.
If you can’t cross the Suez Canal, it’s much more profitable to go around the Cape of Good Hope with a large tanker of 200,000 tons or more.
The Silverstein family must be hard at work selling their existing boats at a high price. It must have placed an order for a giant oil tanker of more than 200,000 tons somewhere.
Originally, the shipping industry is similar to a gambling board, so those who know the information first make a lot of money.
‘Hey, Nancy. You’re not the only one with that information. I know more and more accurately than you do.’
Anyway, if I buy a boat now, in a word, I will become a perfect hukou among hukou.
“Let’s start with a contract to join the Pacific Shipping Alliance for 10 years of operation. When purchasing a ship, you can insert a special condition that you buy Silverstein’s ship with priority if it’s the same price.”
“Heh, I won’t stop you from going through all your hard work. But keep in mind that you won’t be waiting long.”
As if giving an ultimatum, Nancy quickly signed the contract I had written and left the VIP room.
It was like the Silverstein family to drive them to the edge of a cliff and get the contract they wanted.
It would be really worth watching if we started pushing Japan in this way and extracting compensation for civil claims against Japan. I left the job to the right person
After all, it is a great pleasure to have someone else’s blade not point at me, but at a competitor.
“I feel like I’m going to get sick. Have a drink.”
As Nancy left, Van Flint got up and made Jackcock at the bar.
“thank you.”
“Don’t worry too much. Because I can cut about 20% of the ship price. In fact, there are very few shipping companies willing to operate on such a risky and low-profit route.”
For the US, the Atlantic Ocean would be much more beneficial.
However, South Korea in Asia is also sensitive to such routes. You can’t move the ground.
“We need to get a boat.”
Seriously. We need to prepare a boat for this opportunity.
In addition to repairing Daesae No. 1 and boarding it, if you want to operate a long-distance route from the Middle East to North America, you will need at least four ships to circulate logistics.
There are quite a few things stolen from Quy Nhon, so you’ll have to allocate one ship separately.
In fact, now is also an opportunity.
Even in history, the Ulsan shipyard in Hyeonsan was a great success, while the Okpo shipyard, which was only a few years late in construction, collapsed due to an oil shock the moment the ship was about to be cut down after construction.
If you have decided to build a shipyard starting with the shipping industry, you should not miss this opportunity now.
When the Vietnam War heats up and the US influence in the Middle East is solid, it is necessary to open a route to make a lot of money.
“If you look elsewhere, they won’t sell it cheaper than Silverstein. It’s a family with a huge greed for money, but they don’t cheat. In the current game, buying a boat quickly and rolling a lot is the remaining business.”
Van Flint gently advised me.
That’s right a hundred times.
If I didn’t know where to go.
“Look at this and tell me.”
I slipped the inside of the cigar box at Van Flint.
“What are you looking for?”
“Here are the pictures and writings.”
「Mothball Fleet, Suisun Bay」
Four words were written on the picture of the ship.
In Korean, it means ‘wartime reserve fleet, water level bay’.
“Oh… who the hell would give such advanced information…”
Van Flint was dumbfounded for a while.
More precisely, Van Flint seemed to realize something only when he saw the fooling around.
The Mothball Fleet is a reserve fleet in which the US Navy collects scrapped warships and transports and refurbishes them in case of an emergency wartime situation.
It’s a reserve fleet, but frankly, it’s nothing more than a collection of scrapped ships.
It is only known that they are scattered all over the United States, but the exact location is a secret, and it is currently located in Waterline Bay near San Francisco.
There are only a handful of overseas business trips in my previous life, but it was quite coincidental that one of them, a place near San Francisco, came up.
“Who is that? It’s Gothel. Would you have put a star on it by now?”
I also found it by accident.
A few days before departure from Korea, should I give it to General Van Flint as a gift while packing up? I opened it while doing it and saw the dupe.
“How did that idiot get a star? Seeing that you’ve helped me this far, it’s all thanks to you. Well, yes. haha.”
“Help is a give and take. It won’t be easy for the general to feel sorry for me, but if that happens, I will definitely show you what an alliance is like. This time, help me.”
With a firm expression on my face, I asked him for help.
I’m not in a position to spend a lot of money on a boat.
Van Flint, who was silent for a moment, opened his mouth.
“great. Go to the waterline bay. There… Oh, where was it? Yes, there will be ships of the Liberian flag. take it.”
“Liberia?”
Is it a tax avoidance country?
It’s strange. Originally, isn’t Panama nationality required to evade tax on ships?
“There is such a thing, go find it. The other ships have all their engines and major parts removed, but the Liberian ships will be usable. Maybe… it will.”
It seems there is a story behind something.
Let’s go find out.
“thanks. I will write well.”
“You have to pay for scrap metal at City Hall. Of course, it’s up to you to fix it. I take care of the rest. Pretend you don’t know and take it.”
“I will pay you back for this.”
“done. This cigar is enough.”
Van Flint, as if nothing had happened, packed up a box of cigars and left the VIP room.
It must mean hurry.
ok thank you Van Flint.
“Deputy Minister!”
“Yes, boss.”
“Let’s stop working and let’s go shopping.”
Leaving the VIP room, he called out to the deputy minister in a loud voice.
Since the party is already in a mood, the business meeting is over.
“It’s not shopping. You need to review the contract at the accommodation and…”
“I came all the way to America, but I have to go shopping.”
I led Assistant Secretary Yeom and headed to the parking lot with a hook. I was about to drive to San Francisco in a car I rented from the hotel.
First of all, I asked Deputy Minister Yeom, who did not drink jack coke, to drive.
“Where are you going?”
“San Francisco, let’s go to Waterline Bay.”
I opened the map book in the car and pointed it out.
“You go far for shopping.”
When I pointed at the water level line, I was puzzled, but sat in the driver’s seat and fastened my seat belt.
“If possible, let’s choose pretty ones, haha!”
“Are you pretty?”
“Ah, let’s pick up Captain Yoon Sang-soo on the way.”
“Ugh! Could it be that it is a merchant ship?”
It was Deputy Minister Yeom Won-cheol who immediately noticed when I took Captain Yoon.
“I can’t say no. haha.”
“Ha ha ha, I must go quickly.”
Assistant Secretary Yeom’s voice suddenly became lively.
On that road, we picked up Captain Yoon Sang-soo and ran south.
After driving for more than half a day, we barely reached the outskirts of San Francisco, so we stayed overnight at a cheap hotel.
I couldn’t sleep easily because of my pounding heart.
***
The next day, the waterline bay outside San Francisco.
I woke up early in the morning, finished my morning with coffee and toast, and drove off.
“This is the waterline bay.”
“The atmosphere is different from San Francisco.”
It’s because we’re used to American Hollywood movies and the silhouettes of New York skyscrapers. In fact, there are many rural neighborhoods in the United States. Especially if it was in the 60’s.
“I see.”
I was also the first to do only the water level line.
It wasn’t the cold, cool sea breeze unique to San Francisco, but the fishy smell of oil.
The color of the water was also a muddy yellow.
daughter and daughter.
“Excuse me.”
There were only shabby restaurants around the building, so I went inside.
Anyway, the fastest way to go to a neighborhood is to order food at a restaurant and ask questions.
What’s different about the US?
“Who are you?”
At the sound of the door opening, an old man with a shaggy beard and a huge body appeared.
He was a grandfather who would have driven a Harley Davidson had he only worn a leather suit.
It seemed that he had no intention of taking orders.
Instead of a menu board, he had a beer bottle in his hand.
Beer in the morning… It’s cool, isn’t it?
“I’m the first person to come here…”
“If you came to the restaurant, you came to the wrong place. Go.”
“I buy that beer for ten dollars.”
“What, what?”
“I’ll buy the beer you’re holding for $10. Then, can I ask you a question?”
I put a bill in the American grandfather’s top pocket. In this day and age, $10 is a bargain.
“Heh, you know how to do a pretty good deal on jabs.”
“If you bring me a new beer, I will buy it for $20. Of course, according to the number of people.”
“Okay, wait.”
The fat old man opened the shabby refrigerator, took out three beer bottles with one hand, and set them down on the table.
“thank you. And, I am Korean, not Japs.”
“I do not care. What do you want to ask? If you’re thinking of investing in land around here, fold it neatly. There is no farming, no fishing, and all the residents have left, so there are no drug dealers. To make money, go over there to San Francisco. There’s nothing here but a pile of rotting scrap metal. Abandoned land without money or honor! damn it!”
It was a grandfather who would tell stories without asking as if he would pay for three bottles of beer.
“Oh, that’s different from what I’ve heard. I heard it was the place where the heroes of the Ghost Fleet used to be.”
Mothball fleet, isn’t the wartime reserve fleet commonly referred to as the ghost fleet?
“What, a ghost fleet? Where did you hear that fucking sound!”
Grandpa suddenly gave up his anger.
there is something You came in right.
Well, there’s no way there won’t be a story to protect a place where there is nothing.
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