• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2022.06a
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• pp.403-405
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• 2022

선박의 대형화 등 급격한 환경변화에 따라 항만시설 확보에 주력을 기울이고 있지만 늘어난 항만 물동량을 따라가지 못해 부두의 설계접안능력보다 더 큰 선박이 접안하는 사례가 빈번하게 발생하고 있다. 하지만 이러한 접안 과정이 위험하다고 평가되어야 하는 것인지는 고려해볼 필요가 있다. 부두는 정해진 설계접안에너지가 있으며 부두에 접안하는 선박의 규모가 각각 다르므로 허용되는 접안속도 또한 달라져야 한다. 따라서 본 연구는 설계접안에너지를 고려한 선박규모별 허용접안속도를 구하고자 한다. 또한 실측접안속도에 적용하여 부두 접안능력과 선박 규모가 고려된 상대적인 값을 가지는 추정접안속도를 도출할 수 있다. 이를 통해 대상부두에서 얼마나 많은 선박이 위험한 속도로 접안하고 있는지 분석하였다.

• Journal of Korea Port Economic Association
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• v.26 no.1
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• pp.131-143
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• 2010

This study aims to analyse efficiencies of international main container ports. For the purpose, it selected twenty main ports based on the volume of cargo of ports recorded in Containerisation International Yearbook and conducted BCC(efficiency analysis) on them. The variables which may influence efficiency of ports were selected based on previous studies. Berth, Depth, Crane and Total area were input variables and Total TEU was an output variables. The results are summarized as follows: First, DEA-CCR efficiency of Shenchen Port(China) was 1.0, which was the most efficient poor analysed. Second, DEA-BCC efficiency of Port of Singapore, Shenchen Port(China), Ningbo Port (China), Port of Tanjung Pelepas (Malaysia) was 1.0, which was the most efficient analysed. Third, efficient scale of Shenchen Port(China) has been 1.0 for four subsequent years from 2004 to 2007, which was the most efficient analysed.

• Journal of Korea Port Economic Association
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• v.31 no.1
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• pp.1-14
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• 2015

The standard GARCH model imposing symmetry on the conditional variance, tends to fail in capturing some important features of the data. This paper, hence, introduces the models capturing asymmetric effect. They are the EGARCH model and the GJR model. We provide the systematic comparison of volatility models focusing on the asymmetric effect of news on volatility. Specifically, three diagnostic tests are provided: the sign bias test, the negative size bias test, and the positive size bias test. This paper shows that there is significant evidence of GARCH-type process in the data, as shown by the test for the Ljung-Box Q statistic on the squared residual data. The estimated unconditional density function for squared residual is clearly skewed to the left and markedly leptokurtic when compared with the standard normal distribution. The observation of volatility clustering is also clearly reinforced by the plot of the squared value of residuals of export volume and values. The unconditional variance of both export volumes and export value indicates that large shocks of either sign tend to be followed by large shocks, and small shocks of either sign tend to follow small shocks. The estimated export volume news impact curve for the GARCH also suggests that $h_t$ is overestimated for large negative and positive shocks. The conditional variance equation of the GARCH model for export volumes contains two parameters ${\alpha}$ and ${\beta}$ that are insignificant, indicating that the GARCH model is a poor characterization of the conditional variance of export volumes. The conditional variance equation of the EGARCH model for export value, however, shows a positive sign of parameter ${\delta}$, which is contrary to our expectation, while the GJR model exhibits that parameters ${\alpha}$ and ${\beta}$ are insignificant, and ${\delta}$ is marginally significant. That indicates that the asymmetric volatility models are poor characterization of the conditional variance of export value. It is concluded that the asymmetric EGARCH and GJR model are appropriate in explaining the volatility of export volume, while the symmetric standard GARCH model is good for capturing the volatility.

• Proceedings of the Korean Society of Coastal and Ocean Engineers Conference
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• 1997.10a
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• pp.10-15
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• 1997

Purpose of the Pusan Newport development is to elevate national competition forte through handling the increasing traffic volume of the 21th century and to make her $\ulcorner$Hub Port$\lrcorner$ of Northeast Asia Container logistics market

• Journal of Korea Port Economic Association
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• v.27 no.3
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• pp.179-206
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• 2011

Masan Port, which is a main entrance to Korea, has undergone the tough time these days. Many problems are mainly due to the deterioration of harbor facilities, the shortage of waterfront area and the decrease of the trading volumes. Especially the trading volumes are seriously affected by the Busan New Port, which was not only very close to the Masan Port but constructed in a large scale. For the Masan Port to develop continuously, therefore, it is vital to modernize harbor facilities, redevelop the old harbor, expand its waterfront, construct green port and develop harbor for sightseeing. At the same time, Masan port should be ready to develop a higher value added port. To vitalize Masan port's economy, we have to push forward a differentiation strategy that makes Masan port specialized harbor for distributing goods like hard and heavy cargo.

• Journal of Navigation and Port Research
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• v.28 no.8
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• pp.709-714
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• 2004

This paper first tries to analyze total sea transport costs for the transshipment in Busan Port in comparison with direct transport to 4 Chinese Ports, Dalian, Tinajin, Qingdao and Shanghai, based on vessel operation scenarios. The results found that the transshipment in Busan port for the 4 Chinese ports are more expensive than the direct calling to the 4 ports, which implies that Busan port needs to make compensation as an incentive to the carriers providing transshipment service to it in order to keep their royalty. For the compensation, it suggested a method of calculating the Container Terminal Facilities Leasing Fee to levy additional revenue by port authority.

• Journal of Korea Port Economic Association
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• v.24 no.4
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• pp.349-361
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• 2008

There has been abundant empirical research undertaken on the technical efficiency of Korean ports. Most studies have focused on the use of parametric and non-parametric techniques to analyse overall technical efficiency. This paper utilizes data for the period 2000-07 to offer a heterogeneous perspective on the overall efficiency of Korean ports. The framework assumes that ports use one input to produce one output; the output and input include port export(import) and regional export(import). This paper also employs panel analysis and heteroscedastic Tobit model to show the effect of the explanatory variables on the port efficiencies. The panel analysis shows that the regional export/total export has negative effect on the export efficiency while the regional import/total import has not any relations with the import efficiency. The heteroskedastic Tobit model shows that both regional export ratio and regional import ratio have negative effects on the efficiency while the gross regional domestic product has not any significant relations with the import efficiency.

• Journal of Korea Port Economic Association
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• v.38 no.2
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• pp.123-138
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• 2022

Korea has been huge investments in its port system, annually upgrading its infrastructure to turn the ports into Asian hub port. However, while Busan port is ranked fifth globally for container throughput, Other Korean ports are ranked much lower. This article applies Data Envelopment Analysis (DEA) and Malmquist Productivity Index (MPI) to evaluate selected major Korean seaports' operational efficiency and productivity from 2010 to 2018. It further integrates Principal Component Analysis (PCA) into DEA, with the PCA-DEA combined model strengthening the basic DEA results, as the discriminatory power weakens when the variable number exceeds the number of Decision Making Units(DMU). Meanwhile, MPI is applied to measure the seaports' productivity over the years. The analyses generate efficiency and productivity rankings for Korean seaports. The results show that except for Gwangyang and Ulsan port, none of the selected seaports is currently efficient enough in their operations. The study also indicates that technological progress has led to impactful changes in the productivity of Korean seaports.

• Journal of Navigation and Port Research
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• v.45 no.3
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• pp.155-164
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• 2021

The major factors that threaten port operation are diversie. Coronavirus disease-19, (COVID-19), which has recently disrupted operations worldwide, is one of them. Port operation was completely stopped due to a confirmed coronavirus involving a Russian sailor in Gamcheon Port, Busan, Korea in 2020, resulting port closure due to the infectious disease outbreak. The port is a national infrastructure facility that controls most of Korea's import and export logistics, and it is absolutely necessary to secure resilience against threats such as infectious diseases. However, due to insufficient data, this study was undertaken to determine a cause-effect relationship of infectious diseases during the container port operation using system dynamics. In addition, the port's resilience against infectious diseases was measured in terms of productivity and cargo volume through simulation. The model built via simulation analysis can actually be used to measure the resilience of a port. In the event of an infectious disease outbreak at a port, a quarantine policy scenario can be implemented and the effect compared, thereby improving the resilience.

• Journal of Korea Port Economic Association
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• v.36 no.4
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• pp.31-52
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• 2020

The increase in the number of ships entering and leaving the port and the creation of various cargo volumes can promote local economy and lead to regional development, attracting businesses, and influx of local residents. The port area of Dangjin consists of the limited cargo and most private docks, making it increasingly weak in meeting the local economic development and the expectations of local residents. Therefore, in order to promote regional development and revitalize the local economy, and to reduce the sense of alienation of local residents, it is necessary to make it easier to access and water to ports through the development of all areas of Eumseompo-gu, and to make active changes in the marine and port logistics environment. As seen through various cases of port development at home and abroad and the redevelopment of the ports at Gohyeon Port in Geoje, Dangjin Port should be able to quickly demonstrate the development of the Dangjin Port area and improve the quality of life for the residents of the metropolitan area. This is the time when the government's drive is highly requested.