Back in the United States, the flight landed in New York. Li Du contacted Cole and asked him to help find two outstanding jade carving masters who wanted to carve something.

This was very simple for Cole. Li Du was not short of money. He contacted two very famous engravers from New York. After hearing the price, the other party rushed to accept the employment immediately.

So at the beginning of the new year, Li Du became busy.

He had a small plan to be implemented. Finding a sculptor is just the first step to implement it, and then he had to prepare to go home for the New Year. In addition, there are people in both industries such as warehouse auction and bidding for real estate waiting for him to make the final decision.

Bill arranged for him a storage auction, which he had to attend, a rare maritime auction.

As the name suggests, a maritime auction is naturally held at sea. Li Du does not participate in ordinary auctions, but he is very interested in this maritime auction, one is novel and the other is great value.

In the warehouse and auction industry, the top one is war shooting. For example, when the Iraq War ended, the US military retreated from Iraq, leaving behind a large amount of supplies.

Most of these materials are war waste and are not worth transporting in the future, but they cannot be thrown away and wasted in vain. Therefore, the US Department of Defense will organize a storage auction.

But this kind of auction is rare in a few years, and even if you meet ordinary people, you dare not interfere. The war auction is controlled by arms companies, military contractors, violent teams and some underworld organizations.

In addition to war auctions, the second thing that is worth a lot is the inventory auction organized by the Department of Public Services or customs in the United States. Among them, one of the big heads of the auction organized by the customs is container auction.

Every year, customs in various places have some unclaimed containers and goods. These things are gathered together and a grand auction will be held.

Maritime auctions are similar to container auctions, because the things they auction are also in containers, that is, the transportation company goes bankrupt, or for some reason a ship cannot dock, and the goods on the ship become owners, the government and insurance companies will preside over an auction.

This kind of auction emerged in the 1970s and 1980s, and the earliest millionaires among treasure pickers came from this, making a fortune through container auctions.

But sea auctions are rare. After all, it is rare for shipping companies to go bankrupt. It is even rare for shipping companies to throw goods directly on the sea after they go bankrupt.

The latest maritime auction was seven or eight years ago. In the 2008 global financial crisis, the shipping industry suffered a severe blow, and many small shipping companies went bankrupt.

At that time, a sea auction boom emerged. So far, millions of clubs in various places have appeared by taking advantage of that opportunity.

It is terrible to enter a club with warehouse auctions and auctions, but there are still more than 20 related members in the United States. They not only rely on their strength but also on luck, and they must encounter such large-scale auctions.

Now, Li Du encountered one.

Just this year, South Korea's largest shipping company, one of the world's top ten shipping companies, went bankrupt. The shipping company has more than 200 container ships, bulk carriers and liquefied natural gas ships. Its fleet operates more than 60 regular and irregular routes around the world, transporting hundreds of millions of tons of cargo to all over the world every year.

With the downturn in the shipping market, the situation of major shipping companies around the world is relatively bad, among which the Korean Trade Group is the most miserable.

Although they have more than 200 ships, only half of these ships can be used for shipping. Among these half of the ships that can be shipped, less than 40 of them belong to the Korean Trade Group, and the rest are leased.

The shipping industry is very expensive. Raising a boat is much crazy than raising an airplane. It takes millions of dollars to maintain a ship once. If something goes wrong and needs repair, it will cost more money!

In addition, the fuel costs alone are sky-high prices when voyages. In order to maintain the safety of sea transportation, some routes are controlled by violent organizations, and shipping companies have to spend money to buy safety.

In short, the Korean Trade Group lost a total of 3 trillion won and more than 2 billion US dollars in the first half of last year. It started to lose money the year before last year. The losses that had just ended were even more terrifying. Finally, it could not support it and file for bankruptcy protection.

The bankruptcy information of such super companies is very secretive. They are listed groups. In order to maintain their stock prices, the group has been slapping and pretending to be fat before submitting bankruptcy applications to the court to prevent investors from panic selling of stocks. Otherwise, they may not be able to get bankruptcy protection and will collapse directly.

Therefore, when the Korean Trade Group filed a bankruptcy application, there were still multiple routes operating, and there were still multiple ships sailing at sea.

As soon as the bankruptcy information came out, the Korean Trade Group immediately broke up and began to show the Korean Netherworld tribe's bottomless line, unconventional and shameless style. They just ignored the ships on the sea!

Before, these ships were not filled with oil or water at one time when sailing. They all went to a transit site for repairs and supplies at one time.

When the Korean Trade Group went bankrupt, no one sent them money, fuel, water and supplies, and some ships were floating on the sea and could no longer move...

In fact, we can't completely blame the Korean Trade Group for being cold-blooded. They really have no money and can't even afford the money for the tugboat.

In addition, due to the bankruptcy of the South Korean Trade Group, most ports around the world have refused their ships to enter and berth, resulting in a large number of cargoes being trapped overseas or ports to this day, causing large-scale delivery delays.

A combination of various reasons, there are now 20 or 30 cargo ships in the South Korean Trade Group are trapped outside the port, some of which are close to the port. After the insurance company paid the compensation, it hired a ship to pull the cargo back.

Some ships are in the far sea, and it is too expensive to pull the goods back on them. In order to reduce the impact of delivery delays and the financial pressure caused by the Korean Trade Group, some ships transported goods on them are of low value, so insurance companies are not interested in paying a lot of money to process the goods.

At this time, the warehousing and auction industry came in handy. The insurance company hosted the auction and invited treasure pickers from all over the United States to attend.

Those who can participate in this auction are not ordinary treasure pickers. Insurance companies have cleverly verified their assets. Those with assets below one million are basically turned away.

Bill told Li Du that all the people participating in the auction were millions and millions of club members, which would be a competition of super experts.

Because the freighter was docked in the far sea area, Li Du could not do his homework in advance this time, so he had to maintain his energy and investigate the situation well.

The auction was held the second month after the insurance company completed the compensation for the ship.
Chapter completed!