We're building a super chaebol in Hong Kong

"Are there any difficulties now?" Su Cheng looked towards the busy docks outside, and then turned his gaze to the docks under construction further away.

The current docks, although sufficient for the time being, will definitely not be enough when the Tuen Mun oil base is fully operational, especially for 50,000-ton vessels.

However, a crude oil terminal capable of berthing 200,000 to 300,000-ton oil tankers has been under construction a few hundred meters southwest of the docks.

"The terminal under construction is very likely to be completed before the refinery at the Tuen Mun oil base officially starts operations. At that time, our oil transportation will no longer need to be done through transshipment but can be done directly through the terminal," Li Yihui said, seeing Su Cheng looking at the terminal under construction, not answering Su Cheng's question but instead talking about the situation of the terminal.

"Well, that would be best. Although transshipment solves the current difficulties of the Tuen Mun oil base's terminal, it is ultimately very inconvenient and causes additional waste," Su Cheng nodded.

"Boss, speaking of difficulties, there is one. Our crude oil transportation is increasing, so we often need to use oil tankers. However, we can only entrust this transportation to transportation companies, such as the Global Shipping Group, etc. In this way, complicated handover is a difficulty, and high costs are also a drawback. Since Tianwen Petroleum Company is determined to develop in the petrochemical field, it is very necessary to have its own oil tanker transportation fleet," Li Yihui said, expressing the ambition in his heart—to build an oil tanker transportation fleet for Tianwen Petroleum Company.

Looking at the world's large oil companies, such as Shell, ExxonMobil, British BP Oil Company, and other international petrochemical companies, they all have their own oil tanker fleets.

Li Yihui felt that since the boss, Su Cheng, wanted to build an international oil company, he should also have his own oil tanker transportation fleet.

"I have considered the problem you mentioned before. I have been thinking of building a shipping company. I even talked to the 'King of Chartering.' He agreed to sell us some of his company's ships at a price cheaper than the market price. So, there is no problem in establishing a shipping company to help Tianwen Petroleum Company," Su Cheng nodded.

"Boss, based on my understanding of the shipping industry, especially from an international perspective, the international shipping industry has been shrinking in recent years, especially this year. My view is that the shipping industry is about to experience a period of depression. Therefore, although I want to build a shipping company that can help Tianwen Petroleum Company, the scale does not need to be too large; just enough is fine," Li Yihui said, expressing his views.

He previously served as the president of British BP Oil Company Asia, so he is also very knowledgeable about the international shipping industry.

"I am very pleased that you have such thoughts. As expected, I didn't misjudge you," Su Cheng said with a smile, patting Li Yihui's shoulder, very satisfied with his views.

This is enough to show that Li Yihui is not a person who likes to make a great show of success; otherwise, he would definitely hope that the shipping company would be as large as possible.

"So, boss, do you want to hand over the task of this shipping company to our Tianwen Petroleum Company? I will definitely be able to manage it well," Li Yihui said with a smile, directly expressing his ambition.

In Li Yihui's view, the current Tianwen Petroleum Company is still too small, and there are too few supporting subsidiaries.

Therefore, he hopes that Tianwen Petroleum Company can take over the transportation sector.

Although the shipping slump will cause many shipping companies to lose money, as far as Su Cheng's shipping company is concerned, as long as Tianwen Petroleum Company operates successfully, there is no possibility of losing money.

After all, those shipping companies that are losing money are because they have no work to do.

And their shipping company is different; taking their own work is enough to support the shipping company.

"It's not impossible, but my previous idea was to establish a logistics company separately. This logistics company will not only be responsible for transporting oil but also for transporting products from Su's Group, Hutchison Whampoa Group, and other industries under my banner, transporting them all over the world.

You should also know about my Oracle brand experience stores. Now, as the number of stores continues to expand, our product sales are also constantly increasing. Just paying for transportation costs requires a large amount of money. If we run our own shipping company, then this transportation fee can be earned by our own people. Since you want to do it, I can hand over the operating rights of the shipping company to Tianwen Petroleum Company, but I hope you can really seriously build up the shipping company.

Because there are too many types of products to be transported, I hope that the freight company will not only be limited to sea transportation but also land and air transportation.

For land transportation, not to mention other places, at least Xiangjiang, Haojiang, and Wanwan should be developed first, and then the business will be gradually expanded to the outside world.

For air transportation, we must first establish several routes, such as Xiangjiang to Tokyo, Xiangjiang to New York, Xiangjiang to San Francisco, Xiangjiang to London, etc., because our product sales are good in these places, and air transportation can also transport the goods to the past at the fastest speed.

So, rather than calling it a shipping company, it is better to call it a logistics company. If you can do it well, I hope you can develop this area."

What does Su Cheng lack the most now? Of course, it is funds.

Therefore, now is also the time to develop logistics.

The funds he can use now have exceeded 15 billion Hong Kong dollars.

It would be a waste to keep this money in the bank.

Therefore, it is better to continue investing.

Buying ships, buying trucks, buying airplanes may require a lot of money, but for Su Cheng, this amount of money is not worth mentioning.

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Moreover, now that Global Shipping Group wants to sell ships, Su Cheng's shipping company can just buy their ships at the most favorable price.

Well, an oil tanker can be used for decades. Su Cheng doesn't care if it is new or not, as long as it can be used. It's not like he's driving it himself.

If it were a car that he drove himself, he would of course buy a new one.

Even for airplanes, Su Cheng felt that buying second-hand ones would be enough. It's just freight, there's no need for new planes. It's best to buy those slightly newer planes. Su Cheng would not allow buying planes that are too old, with more than five years of service.

If expensive things are bought second-hand, then this logistics company won't cost much money.

"Boss, I didn't expect you to think even more than I did. My original purpose was just to facilitate the transportation of our own oil and reduce transportation costs," Li Yihui said in surprise upon hearing Su Cheng's words.

"Then can you manage it well? After all, you are also responsible for developing Tianwen Petroleum Company. If you don't have confidence, I might as well separate it and create another logistics company," Su Cheng asked with a smile.

"Of course, I am very confident. For me, although this is a big challenge, I am confident that I can handle it well!" Li Yihui said confidently.