• Journal of the Society of Naval Architects of Korea
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• v.48 no.2
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• pp.99-106
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• 2011

The appearance of CSR changes the concept of the hull form design as well as structural design, since the application of CSR inevitably brings the lightweight increase of a ship. Keeping the original design constraints such as principal particulars, deadweight, and speed performance, designers have to increase the volume of the hull form. As a result, the entrance angle at bow end should become larger, which results in blunter waterline shape. For a slow and full ship having high $C_B$ more than 0.85, a new concept of bow shape has been required to alleviate the increase of wave-making resistance, since it is very difficult to improve waterline and frameline shape for such a full ship. In this paper a new bow shape of Capesize Bulk Carrier was developed to improve its wave-making characteristics without incompliance with the design constraints. For loading manual calculation, NAPA software was used. FLUENT6.3.26 and WAVIS1.4 were used to evaluate resistance performance of the subject hull forms. The newly designed hull form was tested at SSPA model basin for the final confirmation of resistance and propulsion performance of the ship. It was found that the new bow shape of a Capesize Bulk Carrier improved the resistance characteristics greatly compared to a conventional bulbous bow. The other benefits of new bow shape on the manufacturability were also investigated.

• Structural Engineering and Mechanics
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• v.46 no.5
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• pp.629-644
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• 2013

This paper concerns about the raking damages on the ultimate residual hull girder strength of bulk carriers by applying the modified R-D diagram (advanced method). The limited raking damage scenarios, based on the IMO's probability density function of grounding accidents, were carried out by using sampling technique. Recently, innovative method for the evaluation of the structural condition assessment, which covers the residual strength and damage index diagram (R-D diagram), was proposed by Paik et al. (2012). This concept is applied in the present study and modified R-D diagram, which can be considered vessel size effect, is then proposed. Four different types of bulk carrier structures, i.e., Handysize (37K), Supramax (57K), Kamsarmax (82K) and Capesize (181K) by Common Structural Rule (CSR), were applied to draw the general tendency. The ALPS/HULL, intelligent supersize finite element method, was employed for the ultimate longitudinal strength analysis. The obtained empirical formulas will be useful for the condition assessment of bulk carrier structures. It can also cover different sizes of the bulk carriers in terms of ultimate longitudinal strength. Important insights and findings with useful guidelines developed in this study are summarized.

• Special Issue of the Society of Naval Architects of Korea
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• 2015.09a
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• pp.41-45
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• 2015

In this study reviewed the validity of the estimated optimum trim by the numerical analysis. For this purpose, the numerical analysis of the trim optimization for 6500TEU container carrier and capesize bulk carrier were carried out using Star-CCM+, which results were compared with the results of model tests. The reliability of results of the numerical analysis was confirmed via comparing the resistance determined by the numerical analysis and model test. The performance of self-propulsion at each trim conditions were estimated using the calculated resistance by numerical analysis. The BHP at each trim condition were calculated by estimated performance of self-propulsion, which trend of results were confirmed similar trend of result of model test.

• Journal of the Society of Naval Architects of Korea
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• v.40 no.5
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• pp.60-67
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• 2003

For risk or reliability assessment of ship structures against particular hazardous situations such as total loss or sinking due to hull girder collapse, the short-term based response analysis rather than the long-term response analysis is required to determine wave-induced bending moments when the ship encounters a storm of specific duration and with a specified small encounter probability. In the present study, the effects of operational condition and sea states on wave-induced bending moments of large merchant vessels are investigated. A series of the short-term response analyses for a hypothetical VLCC and a Capesize bulk carrier (CSBC) are carried out with varying operational condition and sea states which include ship speed, significant wave height and wave persistence time, using the linear-strip theory based program ABS/SHIPMOTION and the MIT sea-keeping tables. The computed results are also compared with the IACS design formula predictions. The results and insights developed from the present study are summarized.

• Journal of Navigation and Port Research
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• v.42 no.6
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• pp.539-545
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• 2018

In recent years, research on shipping market forecasting with the employment of non-linear AI models has attracted significant interest. In previous studies, input variables were selected with reference to past papers or by relying on the intuitions of the researchers. This paper attempts to address this issue by applying the stepwise regression model and the random forest model to the Cape-size bulk carrier market. The Cape market was selected due to the simplicity of its supply and demand structure. The preliminary selection of the determinants resulted in 16 variables. In the next stage, 8 features from the stepwise regression model and 10 features from the random forest model were screened as important determinants. The chosen variables were used to test both models. Based on the analysis of the models, it was observed that the random forest model outperforms the stepwise regression model. This research is significant because it provides a scientific basis which can be used to find the determinants in shipping market forecasting, and utilize a machine-learning model in the process. The results of this research can be used to enhance the decisions of chartering desks by offering a guideline for market analysis.

• Journal of Korea Port Economic Association
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• v.38 no.3
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• pp.87-104
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• 2022

Considering the complex structure and high volatility in the shipping market, it is important to investigate the connectedness amongst influencing factors. This study explores the dynamic relationship between supply-demand factors and shipping freight indices. We choose Capesize and Panamax in the bulk carrier market and use quarterly data of GDP, world fleet, BCI, and BPI from 1999 to 2021. Applying the wavelet analysis and wavelet Granger causality test, the simultaneous examination of co-movement and causality between two factors and the shipping market in both the time and frequency domains is achieved. We find that co-movement and causality vary across time and frequencies, thereby existing dynamic relationships between variables. Second, compared to multiple coherencies using demand and supply factors together, partial coherencies indicate noticeable causalities. It implies that analyzing demand and supply factors separately is essential. Finally, shipping freight indices show a high correlation with the demand factor in a good market and with the supply factor in a bad market. Generally, GDP positively leads shipping freights in the recovery phase while the world fleet negatively leads shipping freights in the downturn. The research is meaningful in that the rarely-applied wavelet analysis is adopted in the shipping market and that it gives a reasonable ground to explain the role of supply and/or demand factors in different phases of the market cycle.