Millionaire Son in Law Chapter 2590
Please read Millionaire Son in Law Chapter 2590 to continue the story.
- A significant opportunity emerges in the ocean shipping sector.
- Common practices like ship leasing are discussed as viable options.
- JX Pharmaceutical’s global expansion might benefit from new logistics.
- The Su family’s recent setbacks open up a gap in the market.
An opportunity in ocean shipping has presented itself. Leasing ships is a common practice in the industry. JX Pharmaceutical’s global reach could benefit from ocean transport.
After speaking, Ito looked at Charlie and said seriously: “Mr. Wade, the Su family’s ocean shipping license was revoked recently. It is definitely a good opportunity to quickly enter this field. I wonder if you are interested?”
Charlie waved his hand and said with a smile: “I don’t know anything about ocean transportation, and I don’t even have a transport ship, so I’m talking about ocean transportation.”
Ito Takehiko hurriedly said: “Mr. Wade, the ship is actually not a problem. In fact, most ocean shipping companies all over the world rent freighters and oil tankers, just like most airlines are rented. Some companies are good at operations, but not good at heavy asset management and fixed asset planning; while some companies are good at fixed asset investment but not good at operations. This is like many companies that open global chain retail stores, but generally do not choose to buy shops on their own, and those real estate developers who invest in shopping malls often only rent shops to merchants and collect rent themselves.”
“A large part of the world’s ships and airplanes are purchased by leasing companies. They usually place orders with manufacturers early. After the orders are delivered, the ships and airplanes are not enough for themselves, so they just rent them out and start collecting them. Renting makes money.”
“Now a large number of cargo ships of the Su family are idle, and many of them are leased. If they cannot resume normal operations in a short period of time, they are unable to afford so much rent. They are very likely to cancel their leases in batches. At that time, there will be a large number of freighter resources released in the market. You can eat it on a large scale, and then take the opportunity to grab the Su family’s ocean transportation business!”