The Charismatic Charlie Wade – Chapter 6149

The most significant expense for BAIT Shipping is fuel. A cargo ship with a capacity of 100,000 tons consumes dozens of tons of heavy oil daily. If fuel is added all at once, it may require thousands of tons of oil at one time. With the price difference of fuel potentially reaching hundreds of dollars per ton, this could lead to discrepancies amounting to hundreds of thousands.

Many ocean freight companies prefer to refuel in Singapore primarily because the oil prices there are comparatively lower, allowing them to save a considerable amount of money. If Hamid had access to oil, he wouldn’t need to look for buyers at all. He could simply sell the oil to the Dragon Temple at a discounted rate, which would then resell the heavy oil to BAIT Shipping for a lower price. This transaction chain would be straightforward.

At that point, Hamid would profit, the Dragon Temple would benefit, and BAIT Shipping would reduce its fuel expenses. Given the size of the fleet, the annual savings could reach hundreds of millions, resulting in a situation that benefits everyone involved.

Additionally, leveraging the basis of securing this route, the Dragon Temple has recently begun its refueling operations for BAIT Shipping.

While Syria’s oil reserves aren’t as plentiful as those of wealthier nations, Charlie did not anticipate Hamid possessing a large oil field that generates tens of thousands of dollars daily. Even having a smaller oil field would be sufficient to meet the needs of both the Dragon Temple and BAIT Shipping, making the venture worthwhile.