The Annals of the Flame Kingdom (WN)

ocean states, there is a concept that

It is a concept for a continental state, but this does not make it an island state as equals. Countries that do not, or are extremely few, conduct maritime trade even when surrounded by the sea are not called 'maritime states', or vice versa, countries that are deeply connected to the sea, even if they are continental states, are sometimes called maritime states.

Human life and the 'sea' are closely related. Trading at sea was more prosperous in ancient times than in the Phoenician era, and things controlling the sea came to dominate the world without even taking the Great Sailing Era as an example.

"Mercenary ships...... business?

Erica leans her neck and shows her to the unfamiliar word 'mercenary business' and sends her gaze to Kota in the same position. Kota, who was sent, nodded one thing and continued his words.

"A mercenary business is a business that lends a ship. You mean the business where an organization becomes a 'shipowner' and lends it to people who need it. Simply put… ship hire, right?"

Are you sure you want to go this far? Seeing him snort at the word, Kota opened his mouth again.

"As Sonia was told earlier, shipbuilding is one 'festival'. Each will have its own place of order, and it won't be easy to get into it. Plus, even if you can get in there, it's hard to tell if it's our track record."

Different? and ask Eliza, Hota. After conceiving only a little, Eliza shook her neck clearly vertically.

"Right. Even if Terra moves, I don't know if it's because Terra moves, or if she's anticipating Becker Trading Chamber technology."

"If it's a company we just did, we'll be able to brag loudly that it's our track record, but it's not. So what's the point of selling the Becker Trading Chamber directly to the Chamber of Commerce... well, there's no synergy at all, but there's not much to it."

"Well, then, no"

"That's why it's a merchant ship business, Mr. Erica."

Talking that far, Kota looked around the room again. Sensitive to his gaze that prompted him to continue, Kota continues his words.

"I will have a ship in Rondo de Terra. The borrower is coming to Terra. Dear Chamber, Shipbuilding itself would be a festival, but Mercenaries isn't a festival, is it?

Gold moves to build a ship, but if it's to rent a ship, gold moves in a limited way. At least the money never falls directly into the city.

"That's... sure, you are. It would be a problem to build a ship, but if not… it is not a matter of us pinching our mouths when it comes to 'renting' a ship from somewhere."

Sonia nods and shows at Kota's words.

"Shipbuilding costs a lot of money. Each chamber of commerce can rent ships, so there are advantages to not having an initial investment. It also comes down to the way the contract works, don't you think a certain number of customers can be expected if you also attach ship maintenance, accident compensation, etc.?

There are many risks to ship operations. It is natural to take it for granted, but ships make their first profit by sailing. It is not difficult to imagine that the risk is high when it comes to "equipment" or "equipment" in a lump sum, as opposed to machines provided in the factory, etc.

"Sounds like we're just gonna get some customers? If it breaks, we'll fix it with terra, won't we? It's not like I don't trust Terra's Chamber of Commerce... but can you move the ship properly?

"If you look only at that one thing, it certainly is. The bare mercenary contract to lend only the ship is called the bare mercenary ship, but I'm more anxious to be properly manipulated than this breathless crew."

Showing Erica with an eyebrow at the height of the risk, while expressing his affirmation, Kota nevertheless disproves.

"But, Erica. Rondo de Terra will have a 'port' here. You can just count on the harbor's revenues, but then there's a little bit of no art. The shipping industry... Erica, can you actually operate a ship and transport goods? I can't."

"That's... I can't"

"Isn't it? You certainly don't have to take risks if it's just a port of call...... well, still, you can have a ship. Besides, that's the only way I can think of a way to sell a favor on the 'Shipbuilding' part... and we can't all see through to 'Shipping', another division of the Becker Trading Chamber. outside of my imagination such as the development of Sea Lane. You can't do what you can't."

Talking that far, Kota looked indoors again.

"Summarize. Terra has her own ship as the shipowner. This will allow us to earn new revenues in the form of a merchant ship fee, and we will be able to sell thanks by placing an order with the Becker Chamber of Trade. Chambers of commerce borrowing ships from Terra are able to contain initial investments in shipbuilding, in addition to hedging maritime distress risks such as breakdowns and accidents. The Becker Chamber of Trade can make a profit by deciding on new shipbuilding orders."

What do you say, Kota, who talks face-to-face about no one losing money? One hand went up in that air that everyone was going to be convinced. And it was Ayano who lifted up his hand and showed him.

"... Ayano disagrees?

"I'm not so sure I disagree. Or I guess that's all there is to it, than there's no way out there - I can understand that."

"So, what?

"'Money', 'money'. I don't know what the market is this way, but it'll cost you a lot of money. What, Terra can't moisturize and moisturize enough to have the equipment that she doesn't need right away?

"That's not true. It's a little better than it used to be... but still,"

"So what are you going to do with the funding? You're not gonna tell the Becker Trading Chamber to take out a loan, are you?

"I wish I could do that...... well, I probably can't. With the surplus assets at Terra... Mr. Erica?

"Underwriting local bonds?

"That's right. Put the ship you built into collateral if you need it. However, I will not make a lump sum repayment as I have done so far. Is that even repayment possible?

"Er... you mean pay me back monthly or annually, right? That's possible..."

And I said, "Are you okay? 'Ask Erica,' Kota shows her shoulders flaunted.

"The odds themselves will be honest, five-fifths. But when it comes to this one, there's also the" how to take it "place."

"How to take it?

Erica puts a question mark on her head. I send my gaze to Erica like that, to Chilari and Eliza, and then to Emily sequentially.

"... sounds like a better story for me not to hear"

Having received his gaze and an accurate understanding of its meaning, Eliza answered plainly so, turning her eyes to her neighbor Emily.

"Emily, sister, I've been up all night, and I think it's time for me to spare you."

"I didn't mean to push you back... I'm sorry, Mr. Eliza"

"I don't mind. The polar theory is that it would be nice if the Terra side provided a supply of profits. If only Terra could do the fundraising method, let alone the repayment method."

That's what I said, Eliza sitting gracefully with a humming nose. He then showed his gaze to Kota and then to Emili.

"Well, I'm personally interested. I've never heard of a local bond subscription," How to Take a Talk ", etc."

"Sorry, it's a 'trade secret' around there"

"... Really? Then you have no choice. We at the Becker Trading Chamber also have trade secrets."

Ladies and gentlemen, Eliza bows her head as she picks the edge of her skirt. As it was, he pushed open the walking door to Totetote and the door.

"Emily, can I ask you to drop me off? To the house, if you can."

"Do you mind?

"It would be more problematic to leave the child alone at this hour."

One nod to Kota's words, and Emili also heads to the door to follow Eliza. A courtesy in front of the door, Kota, who made a noise with Batan and saw the door close, returned his gaze to the indoor faces.

"... so? You have 'backgammon' until you chase the little girl back?

Ayano responded by making a tannic surface to show it with a slightly mean face. If you look at the facts alone, the quality is unnecessarily poor, even if you are not mistaken.

"... it would be easier said than done. I'm not going to let Eliza hear it here. I'm sorry."

"Hmm. So? Shall I beg you, professor?

One sigh of sigh in Ayano's words, his neck snarling and Kota took over the words.

"As I said earlier, this time it's 'how to take it'. If I may say so, this Becker Chamber of Trade persuasion is a" favor "from Mr. Lotte."

"So?"

"That's why I need a ship as a 'prop'. It's a necessary expense."

"... I didn't know. 'Ships' are props in this world, too, huh? That it's a very big prop."

"Don't tear it up. The point is, it's not like we want to borrow money and we can't help it. I don't want it, but I'll borrow it. Ask him how convenient it is to repay the interest rate. That's the super long term...... like fifty years of paying?

"Depreciation of wooden ships, you know how many years? Where in the world is fifty years of paid ship finance?"

Ayano, who talks so much and shows his shoulders flaunted like Kota earlier.

"Then wouldn't it be nice if you bought a ship in the Flame Kingdom in the first place? It's a mouthfeel from Terra."

"Wouldn't that make sense? Originally, the ship of the Kingdom of Flame has been prepared by the Becker Trading Chamber since the Alex Emperor. Besides, it doesn't make any money."

"Not profitable?

"Terra. The mercenary business itself, I suppose, is never a bad way?

"... frightened. Are you sure you want to make money in the merchant ship business? I think it's too risky, honestly."

Among the various and various forms of lending there is a type of lending called 'Ship Finance'. It's literally about loans to ships. It's a natural story when it comes to taking it for granted because it deposits and lends people's money, but banks have long tended to hate 'risk'. Even banks are corporations, even if they don't have the words to return it when they say whether the bank's public nature will be preserved. It is the truth that we do not want to lend to places that are too risky.

In that sense, Ship Finance is more of a 'more' loan of risk than a risky...... The main form of ship finance is the form of financing in which the shipowner borrows the construction costs for the shipbuilding and repays the loan at the rent for the rental of the ship built with its funds, but there are many elements of uncertainty simply involving the shipowner, the shipbuilding company, the borrower and the three. Whether the shipbuilding company that paid the start-up fee will build the ship properly, or the rented destination will pay the rent properly, or if it is a ship on an overseas route, how about an exchange, if it is a ship that takes two to three years from the start of construction to completion, there is no reduction in the price of the rent over the current market, it is not suitable for pirates, it is not indestructible, it does not go to a conflict zone such as war, in the first place, does the borrowed company survive until the ship is completed… there are just so many uncertainties that have to be raised.

In addition, there are circumstances in which the bankers themselves are unfamiliar with ship finance. Banks typically have transfers between two and four years from a fraud-prevention point of view. Aside from the story if you are a person who belongs to the specialist section of the headquarters and focuses on 'that's all', it's a little realistically difficult for an idealistic theory to tell a sales clerk to work on a loan looking to a branch operation ten years away where he's not there himself. It is not the ability to be a specialist that is required of a sales clerk, but also the fact that he or she is capable of being a generalist. I mean, say what you want to say.

"Did you ever do Ship Finance in the first place?

Ayano's words distract Kota from his eyes. Instead of taking it to Kota, who works in the General Planning Department, and offering ship financing to the Marunouchi branch, the "Ship-related" company itself has no experience in charge.

"I'm telling you, I haven't been through this, either, have I? The shipping company... is a bit stubborn in the sub, and when you become a shipowner, you're already a sapphire, aren't you?

"Well, I don't have any experience either. I just... I wonder if we can figure out what we can do later if we can sign the charter party itself"

"Unusual. Not 'positive' when not"

"It's a subtle tokoro whether you can say 'positive' or not. After all, we're talking about a battle."

"... that's really unusual, isn't it? You knock on the stone bridge, you don't cross."

"Bankers are such things. Besides, it takes some risk taking."

That's what I said and one bitter laugh, now I turn my gaze to Sonia.

"So I'd like to ask Sonia,"

"To me, is it?

Sonia points herself with her right index finger and leans her neck to the left to show. If you say it sounds like a ten year old girl, Kota's heart 'dusted' just a little to such a cute figure.

"Yep. Solvania would be a professional when it comes to maritime empire, 'ship' operations, wouldn't it?

"Right. I'm not going to say anything about shipbuilding technology in other countries, but I don't think that our Solvanian shipbuilding technology is inferior to other countries."

He shook his grinning head vertically to Sonia, who was proud to say so.

"There are a lot of Solvanian chambers of commerce coming to Terra. Regardless, most chambers of commerce will have their own ships...... still, it would be more convenient to have a new 'ship'?

"Right. So? Is it the 'persuasion' of each chamber of commerce that I do? Why don't you tell me to use Terra's boat?

"Speaking of entities. Can you do me a favor?

"I don't mind that...... by the way, what about Master Coata? Why don't you come home to Terra with me?

"It is the mountains that want to do so...... there is also the task of negotiating underwriting with Mr. Lotte and other chambers of commerce persuasion. So."

Kota talks that far and turns his gaze to Ayano.

"... what?

"Can you please, Ayano?

"You want me to babysit?

"Come on, you babysit! 'and put Sonia, who speaks out of protest, out of consciousness, and Ayano looks at Kota still.

"... it's purely a matter of competence. Ship financing would be amateur... but negotiating against customers would be professional, banker?

"I'm just a gold-lending professional, I am."

That's what I say. Um and Ayano thinking with his index finger on his chin. Afterwards, he glanced at Kota from the bottom with the expression of a yawdy prank.

"Right." Please, my favorite Ayano! You're the only one I can count on! 'If you say so, I'll think about it for you. "

"No -! Oh, can you say that!

"Eh, won't you even say that?

"What! But..."

"... that's a little scratchy when you hate me that much. Well, I'm just kidding."

"... it's you?

"Let this be, shall we? Good to see you, Sonja."

"I'd like to say this is... Mr. Ayano! Correct earlier words! Request correction!

"Correction?"

"Are you babysitting! I'm not a child enough to be babysitted!

"No... what's a 10-year-old girl talking about? Enough babysitting, babysitting."

"Bu, disrespectful!

"... please, don't fight, okay?

WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!

"Erica has to wait with Emily. I don't know if there's anything I can ask of Mr. Lotte after he heartless about his money."

"Okay."

"Mr. Theon, do you have a shipbuilding book or something?

"The University of Larchia also has a shipbuilding department. Of course there is."

"Now if you could lend me some of your books. I don't know how useful... well, it's better than not seeing anything"

"Okay. We'll have it ready by noon tomorrow."

Gently bowing his head to Zion, who shook his thumb up and indicated his willingness to accept, Kota looked indoors again.

"- Come on, then, gentlemen. I know you're busy, but it's nice to meet you."

"Ki no! Mr. Ayano! Please revoke it!

"Heh heh, no!"

"- Please, really..."

Untightened Hota's voice fell indoors with her sigh.