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Chapter 2568 The crisis in the shipping industry!

After the Greek debt crisis broke out, the whole of Greece fell into panic.

But if you want to say that the Greek government is stupid and has not thought of any way to save itself, that is also untrue.

The day after the financial crisis was revealed by the News of the World, that is, on September 1, Greece officially issued an emergency decree. Targeting Greece's long coastline, all port facility fees will be reduced from now on.

All charges are halved, and if you sign a long-term contract, there will be a significant discount.

At the same time, various tax conditions at Greek ports have also been significantly reduced. Although the tariff is not zero, it has dropped sharply to the point where it is close to no payment.

When the three major rating agencies added insult to injury, Greece discovered that its strategy was not working so quickly, so it came up with new tricks.

On the morning of September 6, the day after Greece's fourth largest bank restricted withdrawals, the Greek government once again announced that all 8.5 million tonnage trading vessels owned by state-owned enterprises owned by the Greek government would be auctioned.

, while they are still operating, they will use zero profits to attract major traders.

Immediately afterwards, the Greek government announced its price list, which immediately caused everyone in the shipping industry to take a breath of air.

Greece is trying to pull everyone together to finish it.

With such a low price, it is definitely not a profitable business. It would be good if you don’t lose money.

If you think about it carefully, the Greek government supports tens of thousands of employees through fleet transportation, and also supports so many people at the port through unloading at Greek ports, etc.

If the Greek government’s fleet does not make money, port loading and unloading costs are cheap, and taxes are almost non-existent, then everyone is definitely willing to let them transport the goods. Who wouldn’t want to save money by loading and unloading there?

In this way, at least the Greek fleet will have work. In the busy going back and forth, the port personnel, as well as related facilities and service personnel will also have work, and the family's life will be no problem at all.

The shipping industry is Greece's pillar industry, accounting for 15% of Greece's GDP, employing more than 200,000 people, and accounting for 38% of Greece's total population.

If it can solve the lives of hundreds of thousands of workers and millions of people, then what does it matter if the Greek government doesn’t make money?

The Greek government can also use these businesses to promote more industries and get rid of more financial burdens.

From this point of view, there are advantages to not making money.

After figuring this out, the same port countries in the Mediterranean and Atlantic Ocean, Italy, Spain, Portugal and Ireland, also announced the same policy as Greece.

Port fees are halved, long-term contracts are cheaper, and fleet operating costs are significantly reduced.

After learning such a set of methods, Greece did not even taste the benefits, and was immediately forced to enjoy the benefits that these policies would bring along with these four countries.

They were relatively good and could still find a way out of the desperate situation, but all the shipping companies around the world were dumbfounded.

How can one do business like this?

Can we still cooperate happily and win-win?

What should we do if you guys are playing like this?

The shipping industry under the national government can stop making money and rely on work to support workers and people in related industries, but the same cannot be said for shipping companies.

Shipping companies are all about profits and paying dividends to shareholders. There is no actual profit. They support so many crew members. What do the staff do? They are not a state agency and have no obligation to support these people.

You said you want to put pressure on these countries. This is even more impossible.

Greece didn’t even listen to what the EU said before. What are you doing by listening to industry giants like you? If you can find a better way to feed their citizens than this, just stop chirping here.

There are also countries like Italy. The situation is probably not much better than that of Greece. Even before this issue broke out, they have already imitated Greece's policies. This shows how worried they are.

In such a country, you still want to persuade them

Do not make jokes

As a result, shipping companies around the world are in panic.

Among them are the Philippine shipping giant Zhengli Shipping, which has just purchased a cargo ship with a tonnage of 1 million tons, and the Indonesian shipping giant Tajiama Company, which has also purchased a cargo ship with a tonnage of 1 million tons.

The two companies have one thing in common, that is, they both bought ships of such large tonnage at low prices.

These boats are about 70% new and well maintained, but the price is only two-thirds of the market price. It's a complete sale.

Both Zhengli Shipping Industry and Dajiama Company have strong backgrounds and are ready to be ambitious in the shipping industry, especially in European and American routes.

They were overjoyed to be able to buy so many high-quality cargo ships at such a cheap price, but they also secretly laughed at the fact that Granny En was really an old fool. If he wanted to change his career, he wouldn't sell it so cheaply.

That's right.

They bought these cargo ships from Asia's shipping king, Malaysian tycoon Kuang En, with a tonnage of 2 million cargo ships, accounting for half of the Gu family's fleet.

It can be said that after losing such half of the tonnage, the Gu family can only be regarded as the king of Malaysian shipping, and it is not even ranked among the top ten in Asia.

Not only are the two major companies making fun of Gu Gu's family, but even Malaysia's rich people are also muttering that Gu Gu En has made a bad move.

Although more than 5 billion U.S. dollars in cash were earned from selling cargo ships, and although the current shipping industry is not very prosperous, it is difficult to do any business. In an industry that I am familiar with, I can still operate it even with a small profit. I am waiting for it.

If the situation improves, won’t we be able to make money again?

Automatically reducing the tonnage of the fleet by half, doesn't this indirectly reduce one's own advantages?

If you don’t have enough cargo ships, how can you compete with others?

You know, only by having more cargo ships can they rotate faster, maintain speed, and reduce operating costs.

But what everyone didn't expect was that less than a month after the two companies bought it, they encountered such a bolt from the blue.

The five European and Mediterranean countries actually resorted to such despicable tricks, which is exactly the rhythm of bankrupting shipping companies.

The direction of public opinion suddenly changed.

"As expected of Mr. Gu."

"I'm just telling you, Mr. Gu has been smart all his life, how could he make such a mistake?"

"The old is still the hotter. Now those two companies know how powerful they are."

"Yeah, I thought I got a big deal, but I ended up getting a big deal of trouble."

"Now the shipping industry in Asia will be directly overwhelmed by Europe, right? Mr. Gu's move has cut the bottom line, not only reducing the burden, but also having a cash flow of more than 5 billion US dollars. It is definitely the best situation to deal with the crisis.

"

"So, the old man's wisdom is really profound."

""

Remarks like this are circulating in business circles in Southeast Asia.

Zhengli Shipbuilding and Dajiama Company were so angry that they almost fainted, but their money had already been paid to the Gu family, and there was nothing wrong with the business itself, so they had no choice but to cause trouble.

In addition, the Gu family, who have been widely praised by everyone, are naturally extremely proud. They have swept away the insecurities and doubts of the past and became proud and proud.

The two people who really knew the inside story, Gu Pinghao and Gu Pinghao looked at each other, and Gu Pinghao sighed and was speechless.

The two of them were originally unwilling to believe what Xiao Qi said and did not want to sell the cargo ship in their hands.

But when they transferred to Hong Kong and returned to Malaysia, Ganggang En and Li Chaoren met. Although Li Chaoren didn't know what Ganggang En and Xiao Qi talked about, he knew that his old friend was hesitant when he saw Ganggang En's confused look.

"Xiao Qi is a magical young man. If he gives you advice that does not involve the fundamentals of the family, you'd better listen to it," Li Chaoren said to his old friend.

With Li Chaoren's reminder, Grang En returned home and convened his own think tank and asked them to discuss in various ways, but they did not come to the conclusion that the Maritime Games would shrink significantly.

In fact, the current sea transport is no longer as good as it was in the 1900s. If it is worse, can it still be worse than now? Is there no need for sea transport?

But the more he thought about it, the more he felt uneasy. Finally, he decided to trust Xiao Qi and sell half of his cargo ship's tonnage.

In Gu Pinghao's view, his father was taking too many risks, but he was not easy to stop.

After all, he couldn't find the reason why Xiao Qi wanted to harm the Gu family, so naturally he couldn't say that Xiao Qi was talking nonsense.

Now that he had decided to sell the cargo ship, Grang En did not hesitate. After just two months of negotiations, he finally sold his 2 million-ton cargo ship at a price much lower than the market price.

Then Guang En was ridiculed by many people openly and covertly.

Even Gu Pinghao felt that Xiao Qi was really being childish and wanted to ask his father to ask him, but Gu Pinghao made no move.

Next, the Greek debt crisis broke out, Greece announced this extremely vicious plan, and Italy and other four countries followed suit.

Not only Gu Pinghao was dumbfounded, Gu Pinghao also couldn't imagine that the situation would change like this.

If you don't listen to Xiao Qi, I really don't know what to do with a shipping company worth over 10 billion US dollars.

Throwing it away is absolutely impossible, but keeping it in your hands is a hot potato. It is an absolute dilemma.

But now it's better. After listening to Xiao Qi's words, the Gu family sold half of the tonnage in advance, and the burden was greatly reduced. Even the Asian transportation routes with small profits over short distances will not be at the end of their rope.

What's more, we still have more than 5 billion US dollars in cash flow. What problem can't we deal with?

And to live such a good life today, isn’t it because of Xiao Qi’s wonderful guidance?

The young genius is truly worthy of his reputation.

Brothers, please subscribe more. To be continued.

...


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