• The Journal of shipping and logistics
• /
• v.34 no.4
• /
• pp.545-563
• /
• 2018

This study analyzes the major factors affecting the freight rates of Very Large Crude-Oil Carriers (VLCC) using co-integration and vector error correction models (VECM). Particularly, we estimate the long-term equilibrium function that determines the VLCC freight rate by conducting difference conversion. In the VECM regression analysis, the error term converges toward long-term balance irrespective of whether the previous period's freight rate is bigger or smaller than the long-term equilibrium rate. Thus, even if the current rate is different from the long-term rate, it eventually converges to the long-term balance irrespective of a boom or recession. This study follows Ko and Ahn (2018), which analyzed the factors affecting the chemical carrier freight rate and was published in the Journal of Shipping and Logistics (Vol. 34, No. 2). It is expected that an academic comparison of the results of each study will be possible if further research is conducted on other vessel types, such as container ships and dry cargo vessels.

• Journal of the Society of Naval Architects of Korea
• /
• v.36 no.1
• /
• pp.70-81
• /
• 1999

To predict the viscous boundary layers and wakes around a ship, the CFD techniques are commonly used. For the efficient application of CFD tools to practical hull farms, a 3-D field grid generating system is developed. The present grid generating system utilizes the solution of Poisson equation. Sorenson's method developed for 2-D is extended into 3-D to provide the forcing functions controling grid interval and orthogonality on hull surface, etc. The weighting function scheme is used for the discretization of the Poisson equation and the linear equations are solved by using MSIP salver. The trans-finite interpolation is also employed to assure the smooth transition into boundary surface grids. To rove the applicability, the field grid systems around a container ship and a VLCC with bow and stem bulb are illustrated, and the procedures for generating 3-D field grid system are explained.

• Journal of Fisheries and Marine Sciences Education
• /
• v.28 no.3
• /
• pp.645-652
• /
• 2016

At the initial stage of propulsion shaft design, in line with shaft alignment, an intensified consideration of lateral vibration is needed to verify its operational safety. Recently the alignment problem affecting the lateral vibration has been becoming issues. However, the theoretical method of forced lateral vibration analysis is not cleary established so far and it is about to simply limited among the classification societies and international standards to avoid the blade natural frequency resonance cpm outside of ${\pm}20%$ of engine rpm at MCR. On the other hand, longer center distance between each support bearing shows an affirmative result normally in shaft alignment analysis whereas the blade order resonance speed may cause lowering near the limitation in the aspect of lateral vibration. Therefore, it is required careful attention to engineers as described above. As a method to solve the problem, it is mainly considered that remove forward stern tube bearing. In this paper, based on a medium size container ship case, theoretical study was carried out in the context of the forward stern tube bearing. The various effects and functions of forward stern tube bearing are reviewed and evaluated. Then an guidance note to lead the conclusion is proposed.

• Journal of Welding and Joining
• /
• v.28 no.4
• /
• pp.41-48
• /
• 2010

The purpose of this study is to establish the control method of the global bending distortion caused by fabrication process of hatch-cover in a container ship. In order to do it, the transitional behavior of global bending distortion in the deck of hatch-cover during fabrication process was measured by 3-dimensional measuring instrument. From the results, the principal factor controlling the global bending distortion was identified as the bending moment associated with the longitudinal shrinkage force and transverse shrinkage caused by welding and flame heating and the change of the centroid axis of hatch-cover in each fabrication process. Therefore, in this study, with the predictive equations of the longitudinal shrinkage force and transverse shrinkage caused by welding and flame heating and the simplified thermo elastic method, the predictive method for the global bending distortion was established and verified by comparing with the measured result. Based on the results, the amount of reverse bending distortion of main stiffeners was determined to prevent the global bending distortion of hatch-cover.

• Journal of the Society of Naval Architects of Korea
• /
• v.36 no.2
• /
• pp.105-113
• /
• 1999

This paper resents a prediction method of natural frequencies of coupled horizontal and torsional vibration of hull girder based on design sensitivity analysis in case of the changes of system parameters. The sensitivity analysis is formulated applying the direct differentiation method and transfer matrix method. In the analysis, warping, shear deformation due to torsion and the continuity condition at the connected part of open and closed hull section are considered. Using the presented method. The affection for natural frequencies by the change of system parameters, especially cargo and added mass and their centers, is numerically investigated for a real large container carrier.

• Journal of Korean Port Research
• /
• v.12 no.2
• /
• pp.195-206
• /
• 1998

By the rapid expansion of containerization and intermodal transportation in international shipping since the 1970's, the larger containerships have emerged and concentrated their calls at a limited number of ports. Moreover, large-scale container terminals have been built to accommodate the ever-larger containerships, and the mordernization of terminal facilities and many developments in information technology etc. have been brought out. Thus, unlimited competition has been imposed on every terminal with neighbouring ports in Japan, Singapore, Hongkong and Taiwan etc. The purpose of this study is to suggest how the container terminal operators cope with unlimited competition between local or foreign terminals. The results are suggested as follows: First, transshipment cargoes, which the added value is high, is to be induced. Second, the function of storage is given on On-Dock Yard. Third, Berth Pool Operation System is to be introduced, especially in Gamman Container Terminal and Kwangyang Container Terminal. Fourth, the cargo handling charges is to be decided by terminal operator.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
• /
• v.29 no.1
• /
• pp.213-221
• /
• 2005

In the present maritime traffic conditions of Gwangyang harbor, there exists many hazardous factors which may lead to huge accidents including marine oil pollution. To mitigate the danger to vessels in Gwangyang harbor and to secure the safety of maritime environment, we established one way traffic between No.3 Route and No.4 Route, Designed of deep water line on No.3 route, Extended one-way route for Myo-Do Passage etc.

• Journal of Navigation and Port Research
• /
• v.37 no.1
• /
• pp.1-7
• /
• 2013

In this paper the developed prediction technique of wave-making resistance performance for a ship attached with a vertical blade had been verified. Numerical analysis program as a prediction technique had been developed using the Rankine source panel method and the vortex lattice method(VLM). The nonlinearity of the free surface conditions was fully taken into account using the iterative method and the trim and the sinkage of the ship were also considered in the numerical analysis program. Panel cutting method was applied to get hull surface panels. Numerical computations were carried out for a 4000TEU container carrier and the vertical blade was attached 6 different locations astern. To investigate the validity of the numerical analysis program the commercial viscous flow field analysis program FLUENT was used to obtain the viscous flow field around the ship and the model test was performed. The model test results were compared with the numerical analysis results.

• Journal of Advanced Marine Engineering and Technology
• /
• v.40 no.3
• /
• pp.185-190
• /
• 2016

Damages of the main engine aftmost bearing and the after stern tube bearing tend to increase due to misalignment. And as the shafting system becomes stiffer due to the large engine power, whereas the hull structure becomes more flexible due to optimization by using high tensile thin steel plates. And this is the reason that more sophisticated shaft alignments are required. In this study, the optimum shafting alignment calculation was carried out, considering the thermal expansion effect, exploiting the sensitivity index, which indicates the reasonable position of forward intermediate shaft bearing for shaft alignment. and as the main subject in this study, the elastic deformation on intermediate shaft and main engine bearings occurred by vertical load of shaft mass were examined thoroughly and analyzed allowable load of bearings, reaction influence numbers of all bearings. As the result, a reliable optimum shafting alignment was derived theoretically. To verify these results, they were referred to the engine maker's technical information of main engine installation and being used shafting alignment programs of both Korean Register of Shipping and Det Norske Veritas, their reliability were reviewed.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
• /
• 1998.10a
• /
• pp.241-253
• /
• 1998

By the rapid expansion of containerization and intermodel transportation in international shipping since the 1970's, the larger containerships have emerged and concentrated their calls at a limitted number of ports. Moreover, large-scale container terminals have been built to accommodate the ever-larger containerships, and the mordernization of terminal facilities and many developments in information technology etc. have been brought out. Thus, unlimited competition has been imposed on every terminal with neighbouring ports in Japan, Singapore, Hongkong and Taiwan etc. The purpose of this study is invested to suggest how the container terminal operators cope with unlimited competition between local or foreign terminals. The results are suggested as follows : First, transshipment cargoes, which the added value is high, is to be induced. Second, the function of storage is given on On-Dock Yard. Third. Berth Pool Operation System is introduced, especially in Gamman Container Terminal and Kwangyang Container Terminal. Fourth, the cargo handling charges is decided by terminal operator.