• Journal of Korea Port Economic Association
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• v.32 no.3
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• pp.83-94
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• 2016

The primary purpose of this study is to analyze the impact of bilateral Free Trade Agreements on international trade volume of bulk shipment at the port of Busan in Korea using the Gravity Model. Most recently, the total of 15 Korea's FTAs have been enforced since Korea-Chile FTA in 2004 and more than 50 countries became member of Korea's FTAs. Therefore, aggregated trade volume of Korea's FTA members out of the total trade volume in Korea increased from 25% in 2011 to 67% in 2015. Five Korea's bilateral FTA members are concerned as experimental group while top 10 foreign countries base on trade volume of bulk shipment are applied to the model as control group and panel data was used in this study. According to the results, bilateral FTA, GDP and population have positive impacts on trade volume of bulk shipment at the port of Busan. On the other hand, distance between Korea and its trade partner has negative impact. In examining Hausman test and LR test, the random effect model is statistically more appropriate than the fixed effect model for this study.

• Journal of Navigation and Port Research
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• v.40 no.6
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• pp.485-494
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• 2016

The primary purpose of this study is to analyze the impact and determinants of bilateral Free Trade Agreements on international total bulk shipment trade volume at the port of Korea using the Panel Gravity Model. The model estimates the aggregated panel data of exports and imports (excluding transshipment) as a dependent variable during the period from 1996 to 2015. GDP, GDP per capita, distances between bilateral countries, and FTA dummies are included as independent variables. And the economic integration of FTAs including ASEAN+3 and NAFTA3 countries were used as dummy variables. Study results show that GDP and GDP per capita have positive impacts on bulk shipment trade volume at the port of Korea. In addition, Korea's bilateral FTAs with Singapore, India and the United States have positive effects on total bulk trade volume in Korea. This is the so called trade creation effect. On the other hand, ASEAN+3 and NAFTA have negative effects on the total bulk trade. This is the so called trade diversion effect. Also, the distance between Korea and its trade partners has a negative impact. These findings provide insights for: further academic research, site operators who work in related trade and maritime sectors, and policy makers engaged in port and maritime operations. The results can be used to develop strategies for maximizing bulk port throughput.

• The Journal of Fisheries Business Administration
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• v.40 no.3
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• pp.69-88
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• 2009

This research was as part of restocking project conducted until 1986. The necessity of its economic and scientific verification on restocking project increased. The economic analysis of this project was intended to measure its effectiveness of rockfish restocking throughout certain water areas. The rockfish restocking in 2008 was carried two regional governments of Gyeongnam and Busan. 3-year average annualized performance is 3.76 million rockfish restocked and 940 million won invested. As Gyeongnam restocked 3.62 million rockfish and invested 890 million won, most of rockfish stocking accomplished in Gyeongnam. The public shipment was the 3-year average amount was about 400 tons. Each Suhyup shipment as follows; TongYong 66.6 tons, Namhae 23.6 tons, Samcheonpo 17.2 tons; Yeosu 13.3 tons, Geoje 4.7 tons, Goseong 3.1 tons, Hadong 1.0 tons. The private shipment was assessed by the interview of relevant market participations. The high percent areas of public ship were Nemaha, Goseong 90% and Geoje 80% or more. Hadong and Samcheonpo were about 50%. TongYong was 10% and the lowest. The private shipment was calculated using the percentage of private shipment surveyed. The total amount of private shipment was 4.8 billion, where 4.5 billion was TongYong, where most of private shipment is being made. The positive economic benefit occurred when the percent of restocked is over 15% in the overall catch. The percentage of restocked investigated with genetic test was 58.2%. With 58.2% ratio of restocked, there was 3.8 times economic benefit according to approximately 3.6 billion won. Economic effects were highly significant. As catch increased according restocking, joint market commission increased. Joint market commission was calculated as total restocked shipment multiplied by the ratio of commission, the calculated commissions were as follows; Hadong 5.0%, Geoje 4.8%, Goseong 4.8%, Namhae 4.8%, Samcheonpo 4.3%, Yeosu 4.3%, TongYong 4.0%. According to calculation results, annual commission fee of ￦60,000,000 was raised during 2006~2008. The fishing catch bulk for entertainment significantly increased in sea area carried with mass restock.

• Horticultural Science & Technology
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• v.31 no.2
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• pp.186-193
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• 2013

Potential of consumer unit packaging was investigated for quality maintenance during export simulation in king oyster mushrooms (Pleurotus eryngii). Mushrooms were harvested in late May, precooled to $4^{\circ}C$ within 6 hours, and then packaged for shipping in two ways: 2 kg bulk packaging in a polyethylene (PE) bag or three types of unit packaging methods such as 400 g in polypropylene film bag (PPB), 200 g on styrofoam tray + PE shrinkage film wrapping (STW), and 200 g in polyethylene terephthalate (PET) containers (PETC). For local distribution of bulk-packaged commodity, mushrooms were sorted again and packaged into 3 consumer units in the same way as for the initial shipping packages. Simulation of refrigerated container shipping was performed in a walk-in type pilot storage at $0.5^{\circ}C$ for 5 weeks, while local marketing simulation was carried out on the shelf at $7^{\circ}C$ for 7 days. During the shipment simulation, creation of modified atmosphere (MA) was substantial in 2 kg bulk packages with low $O_2$ below 2% and high $CO_2$ over 15% whereas, in PPB and PETC unit packages, relatively higher $O_2$ concentrations were observed. On the shelf at $7^{\circ}C$, $CO_2$ concentrations rapidly increased in PPB and PETC packages despite the short marketing period. Overall marketability evaluated by off-flavor, browning, and texture rating was maintained at excellent level when 2 kg bulk packaging in PE or unit packaging in PPB and PETC were used for shipment. In contrast, establishment of MA was very slight in STW packages during shipment and local distribution resulting in poor quality after export simulation. The results suggested that shipment using adequate consumer unit packaging is more practical and economically beneficial than using bulk packaging in the export program consisting of 5-week shipment and 7-day local distribution.

• 제어로봇시스템학회:학술대회논문집
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• 2003.10a
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• pp.1804-1809
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• 2003

In a large-scale chemical plant, there are scheduling problems in inventory and packing process although production process is stabilized. The profit of the plant is restricted by these problems. In order to improve these problems, integrated scheduling model, which is concerned with whole processes from production to shipment, has been developed in this paper. In this model, decision variables are production sequence, silo allocation, amounts of bulk shipment and packing amounts. In case of a real plant, it is hard to solve by deterministic methods because there are too many decision variables to solve. In this paper, genetic algorithm is presented to solve a PVC process scheduling model within an hour with PCs.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.33 no.4
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• pp.396-400
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• 2009

The demand of JIB crane to handle a container or a bulk in a vessel is increasingly because of the growth of the scale of trade through the sea. This deck crane such as JIB crane is required the weight reduction design because it is installed in the deck of a vessel due to the environment regulation. In this study first we carry out the structural analysis of JIB with respect to the luffing angle of it to calculate the maximum equivalent stress of JIB, and next the optimum design for the weight reduction design of JIB. The thickness in a cross section of JIB is adopted as the design variable, the weight of JIB as the objective function, and the von mises stress as the constraint condition for the optimum design of JIB using the ANSYS 10.0.

• Journal of the Korean Institute of Navigation
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• v.22 no.4
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• pp.1-14
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• 1998

There are three basic modes of operation of ships: liner, tramp and industrial operations. Industrial operations, where the owner of the cargo, i.e. the industrial carrier controls the ships, abound in the shipment of bulk commodities, such as oil, chemicals and ores. Industrial carriers strive to minimize the shipping cost of their cargoes. This paper is concerned with the operational optimization problem of a fleet owned by major international oil company. The major oil company is a holding corporation for a group of oil producing, transporting, refining, and marketing companies located in various countries throughout the world. The operational optimization problem of the fleet is divided into two-phases. The front end corresponds to the optimization of transporting crude oil, product mix, and the distribution of product oil to meet market demand. The back end tackles the operational optimization problem of the fleet to meet the transportation demand derived from the front end. A case study is carried out with the H major oil company problem composed by reflecting the practices of an international major oil company. The results are summarized and examined in the point of optimization for the total operation of the H major oil company and the operational optimization problem of the fleet. The paper concludes with the remark that the results of the study might be useful and applicable in practices of these related decision problems.