The Charismatic Charlie Wade – Chapter 2590

Ito looked at Charlie and said seriously: “Mr. Wade, the ocean shipping license of the Eastcliff Banks' Family has been revoked recently. It is definitely a good opportunity to quickly enter this field. I don’t know if you are interested?"

Charlie waved, smiled and said, "I know nothing of ocean transportation, and I have not even a transport ship, what are you talking about to engage in ocean shipping?"

Yuhiko Ito said, "In fact, the ship is not a problem. The freighters and oil tankers of most ocean shipping companies in the world are leased, just like most of the airlines’ aircraft are leased. Some companies are good at operations but not good at heavy asset management and Fixed asset planning; and some companies are good at investing in fixed assets, but not good at operating. This is like many global retail stores who generally do not choose to buy shops on their own, and those real estate developers who invest in shopping malls often do Only rent shops to merchants and collect the rent by themselves."

"A large part of the world’s ships and aircrafts are purchased by leasing companies. They usually place orders with manufacturers early. After the orders are delivered, the ships and aircrafts that they couldn’t handle running, they just rented out and started collecting rent to make money.”

“Now a large number of Banks’ freighters are idle, and many of them are rented. If normal operations cannot be resumed in a short time, then they are unable to afford so much rent, and it is very likely they will cancel the lease in batches. At that time, a large number of freighter resources will be released on the market. You can buy it on a large scale, and then take the opportunity to grab the Banks Family's ocean transportation business!"