• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2019.05a
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• pp.146-147
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• 2019

우리나라 해운 항만 물류기업의 국제물류 서비스 향상 및 글로벌 경쟁력 강화를 위한 방안 가운데 하나는 해외 현지 물류네크워크 구축이며 이를 통해 고객이 원하는 물류서비스 제공 및 글로벌 시장 내 경쟁력 확보 차원에서 필수적이다. 그러나 아직까지 필리핀 물류시장에 대한 우리나라의 해운 항만 물류기업 진출 및 투자 지원에 관한 체계적인 연구는 미흡한 실정이다. 따라서 인도에 진출하는 우리나라 화주기업 및 물류기업의 물류 애로사항 해소 지원, 해운 물류기업의 경쟁력 강화 등 정부차원의 다양한 정책과 지원 사업에 관한 연구가 필요하다. 이에 본 연구는 필리핀 항만물류시장의 현황을 분석한 후 향후 우리나라 해운 항만 물류기업들이 물류 네트워크 구축 방안을 수립하는데 있어 투자대상 시설 및 투자 유망지역 등 다양한 정보를 제공하는데 그 목적이 있다. 필리핀 물류시장을 면밀히 파악하는 것뿐만 아니라 필리핀 경제, 인프라 현황, 기업 분포 등 다양한 지표 분석을 통해 물류서비스 경쟁력 제고에 기여할 수 있는 투자 유망지역을 제시하였다.

• Journal of Korea Port Economic Association
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• v.27 no.1
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• pp.213-234
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• 2011

The literature on efficiency of the maritime and shipping industry has typically focused on container ports and terminals. The study presented in this paper uses data envelopment analysis to evaluate ocean carriers based on financial and operational data from 2004 to 2007. A comparison is made up of the efficiency of global ocean carriers in efficiency of financial and operational performance respectively. A positive correlation is shown between the input and output data. In the static-efficiency analysis, we describe CCR, BCC and scale efficiency of Global Ocean Carriers in 2007. And we also provide about the stability and trend of their efficiency for four years (2004-2007) in the dynamic-efficiency analysis. The empirical results validate the necessity of restoring freight rates to facilitate the efficiency of the global ocean carriers supported by adjust of the supply of containership space. The study provides a basis for estimating the competitiveness of international shipping companies, for benchmarking best practice and for identifying the specific factors and causes of inefficiency.

• Journal of Navigation and Port Research
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• v.29 no.10 s.106
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• pp.915-920
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• 2005

This paper is aimed to survey threats of employment in Korean shipping industry, review the importance and speciality of women power, and diagnose its sexual discrimination and the actual condition of that. Therefore, this survey research will provide substantial data concerning issues in the employment and the significance of women power in the shipping firms, and give solutions for problems in managing women resource in the shipping companies. In conclusion, this study is able to identify the fact that threats of female employment are social costumes and prejudice, the speciality of work in shipping firms, and the shortage of occupations for women. This result of survey shows that the exclusive recognition about female employment in unique shipping industry should be revised as soon as possible.

• Journal of Navigation and Port Research
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• v.39 no.3
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• pp.261-266
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• 2015

Many of previous studies suggested that working capital management is an important component of firm's financial decision and efficient working capital management affects firms' profitability and it's value. Recently, Korean shipping firms have been suffering from financial distress by recession of shipping economy. In this point of view, this study tries to investigate the relationship between working capital management and shipping firm's profitability, using panel data on 46 Korean shipping firms for the period of 2004-2013. As result of panel regression, it proved that average payment period, inventory turnover, cash conversion cycle and operating cycle are significantly associated with firms profitabilities such as profit margin ratio and operating profit ratio, and the manager of shipping firm can increase firms profitability by more efficient working capital management. There are strong positive relationships between average payment period and operating cycle and firm's profitability. These results suggest that managers can create firm's value by increasing average payment period and operating cycle. Otherwise inventory turnover and cash conversion cycle have negative relationships with firm's profitability. It means that managers can increase firm's profitability by reducing these variables.

• 해운
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• no.9 s.42
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• pp.10-17
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• 2007

최근들어 국제기구를 비롯하여 선진국들이 해양환경 보전과 관련한 규제를 대폭 강화하고 있는데다 중국과 인도 등 화주국가인 개도국들도 해운산업에 대한 규제수위를 높여 나감에 따라 해운경영 여건이 날로 악화되고 있다. 특히, 이같은 규제강화는 선박의 운항원가를 높여 해운기업의 채산성에도 악형향을 끼치고 있어 이에 대한 대책마련이 시급한 실정이다. 다음은 해운산업에 대한 국제기구 및 각국의 규제조치를 정리한 것이다.

• Journal of Navigation and Port Research
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• v.44 no.3
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• pp.244-252
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• 2020

The 2008 global financial crisis was triggered by the Lehman Brothers crisis caused by the sub-prime mortgage crisis in the United States This crisis has had an impact on the globe's dry bulk shipping market by reducing dry bulk cargo volume. An oversupply of dry bulk carriers caused a serious recession in the globe's dry-bulk shipping industry and shipbuilding industry. In this situation, the Korean dry-bulk shipping companies were victims of the quagmire of a long recession since the global financial crisis and could not overcome this crisis. This condition forced them into severe financial risk Thus, it caused many shipping companies to file for bankruptcy. In this study, we classified Korean ocean-going dry-bulk shipping companies into two groups, that is, the solvent group and the insolvent group. We also separated the research period before and after the 2008 global financial crisis. Then we investigated the differences in the major financial ratios of the two groups by t-test and found that some financial ratios such as profitability ratios and growth ratios showed the difference between the two groups with statistical significance. The significance of this study is as follow. First, the shipping company management is also crucial for the systematic management of financial strength and business strategy, it is crucial to manage cargo which a high profitable freight. Second, the shipping company should be managed as a company with continued growth through efficient operation and management of ships.

• 해운
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• no.9 s.43
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• pp.10-17
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• 2007

최근들어 국제기구를 비롯하여 선진국들이 해양환경 보전과 관련한 규제를 대폭 강화하고 있는데다 중국과 인도 등 화주국가인 개도국들도 해운산업에 대한 규제수위를 높여 나감에 따라 해운경영 여건이 날로 악화되고 있다. 특히, 이 같은 규제강화는 선박의 운항원가를 높여 해운기업의 채산성에도 악형향을 끼치고 있어 이에 대한 대책마련이 시급한 실정이다. 다음은 해운산업에 대한 국제기구 및 각국의 규제조치를 정리한 것이다.

• Proceedings of KOSOMES biannual meeting
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• 2006.05a
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• pp.27-31
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• 2006

본 연구에서는 ISM Code 의 국내도입에 따른 성과를 실증 분석하였다. 안전관리체제 도입 성과를 21 개 항목으로 조사한 결과, 5점 만점에 3.5점으로 전반적으로 도입성과가 높은 것으로 나타났다. 내항 해운기업보다는 외항 해운기업이, 98년 이후 가동기업 보다는 그 이전 기업이, 중소기업보다는 대기업에서 ISM 시스템이 정착되고 도입 성과도 높은 것으로 분석됐다. 본 연구는 국내 도입이 본격적으로 진행된 지난 1995년 이후 10여년 경과 시점에 연구가 진행되어 매우 시의적절하다고 할 수 있겠다.

• Journal of Navigation and Port Research
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• v.40 no.3
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• pp.129-138
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• 2016

Shipping companies involved in sea transportation service are exposed to uncertainty due to its volatile business environment. It is crucial that shipping companies take effective strategies to cope with uncertain business environments and to achieve high business performance. Using Porter's generic strategy, this study investigates the relationships between environmental uncertainty and competitive strategies, and the impact of competitive strategies on firm's business performance. To test hypotheses, OLS regressions and Tobit analysis were conducted on Korea shipping companies who provide global sea transportation service. The findings of this study can be summarized as follows. First, variation of environmental uncertainty affects cost-leadership strategy and differentiation strategy. Diversity of environmental uncertainty affects differentiation strategy, but not cost-leadership strategy. Second, firms attain business performance by using the cost-leadership strategy. That is, shipping companies can achieve high business performance by reducing their operating costs in the entire process of transportation service.

• Journal of Korea Port Economic Association
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• v.31 no.2
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• pp.23-40
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• 2015

This study measures how Korean shipping policies influence the expansion of the country's merchant fleet using system dynamics. It uses various indexes as factors influencing the gross tonnage of the Korean merchant fleet, such as the Baltic Dry Index, Howe Robinson Container Index, China Containerized Freight Index, and Worldscale Index, as well as the US dollar-Korean won exchange rate, world merchant fleet statistics, and the debt ratio of Korean shipping companies. After establishing the simulation model, the mean absolute percentage error is found to be less than 10%, confirming the accuracy of the model. Therefore, a sensitivity analysis is conducted to measure the influence of the selected shipping policies, including the gross tonnage of vessels registered under the Korean second registry system, loans of publicly owned financial institutions to shipping companies, ship investment fund, and the number of shipping companies participating in the tonnage tax scheme. The sensitivity analysis reveals that the influence of vessel tonnage and loans to shipping companies is the most significant, while that of the number of companies participating in the tonnage tax scheme is minimal.