• Title/Summary/Keyword: Container Shipping Companies

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The Challenge of the Third Generation Port and Port Competition (제 3 세대 항만의 도래와 항만경쟁)

  • 문성혁
    • Journal of the Korean Institute of Navigation
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    • v.18 no.2
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    • pp.91-109
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    • 1994
  • Technological and organisational changes in transport system have introduced new dimension into port system development and inter-port competition. The quality of service now required by the customer is costly and not easily provided by small shipping companies and small ports. It has been suggested that in the future container shipping may be concentrated by space-sharing arrangements or actual mergers into the hands of a few mega-operators with the investment potential to provide total logistics networks. In order to compete effectively, high load factors will be essential and port concentration inevitable. A fa-voured few ports will become the load centres and other ports will assume a secondary feeder role. In this study, three questions are raised and attempts are made to answer them : (a) what is the new role of ports today ; (b) why should ports be engaged in this new role ; and (c) how can ports play this new role. In short, a modern port should be a service centre and a logistic platform for international trade and transport-a third generation port. Ports, in particular, have to make every effort to be competitive in the cost and quality of services and to make the port a transport and distribution service centre. For most ports, this is not an option but a must ; an essential requirement for survival in this win or lose situation. The best way to win is to maintain a close contact with port users, listen to them, discuss with them, help them and satisfy them. That is port marketing. Starting from the findings of port marketing, it is es-sential to work out appropriate development plans and marketing targets and to improve port competitive-ness. As an alternative method, a port competitiveness model is suggested, which may help port managers to make appropriate improvements.

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Choice Factors of Transshipment Port in Northeast Asia

  • Park, Nam-Kyu;Lim, Chae-Kwan
    • Journal of Navigation and Port Research
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    • v.33 no.7
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    • pp.491-500
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    • 2009
  • In order to attract more transshipment cargoes, Busan Port Authority (BPA) has, since 2003, adopted the volume incentive policy by which more than US$ 10 million annually have been paid back to shipping lines that were called at the port. However, having been a transshipment port for the Northeast region of China, the port of Busan has come under threat from bold Chinese port development projects, notably Shanghai, as northern Chinese regionnl ports place more emphasis on building facilities capable of handling growing trade volumes. Undoubtedly this would lead to a decline in transshipment container traffic moved via Busan. The purpose of this paper is to identify some core factors that have been affecting the increase of transshipment cargoes of Busan and further to recommend BPA an improved incentive scheme with which more T/S cargoes can be attracted into the port of Busan To clarity the reason why T/S cargoes have increased in the port of Busan, several steps are made as follows: The first step is to make a quantitative model for explaining the development of T/S cargoes during the last decade. The second step is to define the dependent and the independent variables for multiple regressions after testing variable significance. For this, data collection and the accuracy of validation have been done by the direct interview with the experienced staffs in shipping companies of both domestic and foreign country. After validating the model with collected data, the final step is to find variables which are explaining the model mostly. In conclusion, 2 variables were clearly identified as core factors that explain well the development of T/S cargoes in the port of Busan: 'Mohring effect' and total cost. It is strongly recommended, by an empirical study, that an incentive scheme be changed to a way which more feeder vessels rather than mother vessels can reduce their direct costs to call in the port of Busan.

A Study on the Alternative Establishment of Global Terminal Operator(GTO) and Improvement of Legal System (글로벌 터미널 운영사(GTO) 설립의 대안설정 및 관련 법 제도의 개선방안에 관한 연구)

  • Sim, ki-sup
    • Journal of Korea Port Economic Association
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    • v.36 no.1
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    • pp.1-22
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    • 2020
  • The global container terminal market is predicted to see continued future volume growth. According to Drewry, global container shipments rose by 6.3% year-on-year to 750 billion twenty-foot equivalent units (TEUs) in 2017 and are forecast to experience continued growth to 9.3 billion TEUs in 2022. According to IHS Markit, the global terminal operator (GTO) market is forecast to grow more than 10% annually, up from $2.4 billion in 2017, to exceed $3 billion by 2022. However, Hyundai Merchant Marine is the only real GTO in Korea. In particular, the shipping and port markets are facing drastic changes, both at home and abroad, including a slowdown in the growth of domestic export and import shipments, environmental changes in the container market caused by the trade frictions between the US and China, and increased changes in container shipments caused by the trade frictions between Korea and Japan. In this study, we propose ways for domestic companies to participate in the continuously growing GTO market. After analyzing the current status of the global GTO market, the government expressed a desire to explore ways to establish GTOs through the Port Authority and the Korea Ocean Business Corporation. Therefore, four types of establishment plans were proposed, along with a legal framework for the establishment of GTOs.

A Study on the Optimal Service Level of Exclusive Container Terminals (컨테이너 전용부두의 최적 서비스 수준에 관한 연구)

  • Park, Sang-Kook
    • Journal of Korea Port Economic Association
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    • v.32 no.2
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    • pp.137-156
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    • 2016
  • This study analyzes the optimal service levels of exclusive container terminals in terms of the optimal berth occupancy rate and the ships' waiting ratios, based on the number of berths. We develop a simulation model using berth throughput data from pier P, Busan New Port, a representative port in Korea, and apply the simulation results to different numbers of berths. In addition to the above results, we analyze the financial data and costs of delayed ships and delayed cargoes for the past three years from the viewpoints of the terminal operation company (TOC), shipping companies, and shippers to identify the optimal service level for berth occupancy rates that generate the highest net profit. The results show that the optimal levels in the container terminal are a 63.4% berth occupancy rate and 10.6% ship waiting ratio in berth 4,66.0% and 9.6% in berth 5, and 69.0% and 8.5% in berth 6. However, the results of the 2013 study by the Ministry of Maritime Affairs and Fisheries showed significantly different optimal service levels: a 57.1% berth occupancy rate and 7.4% ship waiting ratio in berth 4; 63.4% and 6.6% in berth 5; and 66.6% and 5.6% in berth 6. This suggests that optimal service level could change depending on when the analysis is performed. In other words, factors affecting the optimal service levels include exchange rates, revenue, cost per TEU, inventory cost per TEU, and the oil price. Thus, optimal service levels can never be fixed. Therefore, the optimal service levels for container terminals need to be able to change relatively quickly, depending on factors such as fluctuations in the economy, the oil price, and exchange rates.

Strategies to Attract Transshipment Container Cargoes among Main Competitive Ports in North (East Asian Region) (동북아 경쟁항만간의 환적화물 유치전략 (부산항을 중심으로))

  • 정태원;곽규석
    • Journal of Korean Society of Transportation
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    • v.20 no.7
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    • pp.43-50
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    • 2002
  • Competition to attract the increasing container cargoes of North China and the West Japan in North-East Asia region is fairly intensed in recent days between the main ports of Korea, China, and Japan. Inducing a new container cargo make those countries possible to invest enormous fund to mordernize its port facilities, as well as to improve efficiency in Port operation and management. In this situation, Strategy to attract transshipment cargoes is of the immediate necessity, This study, therefore, aims to establish the feasible strategies to attract transshipment container cargoes in the North-East Asian region by empirical analysis, he major output of the research is as follows : First, Busan Port to attract transshipment cargoes is required to adjust port tariff and free storage period with flexibility for liner shipping companies and freight forwarder. Second, Price-Demand function of Busan port between main competitive ports in North-East Asian region that is derived from strategies to attract transshipment cargoes, helps marketing manager to fix scientifically port price as understanding the change of demand quantity.

Empirical Analysis of Selection Criteria of Container Ports in the Bay of Bengal (벵갈만 지역의 컨테이너항만 선택 기준에 관한 연구)

  • Lwin, Theingi;Kim, Hyundeok
    • Journal of Korea Port Economic Association
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    • v.34 no.4
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    • pp.69-84
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    • 2018
  • The purpose of this study is to provide a comparative evaluation of container port criteria at four major container ports in the Bay of Bengal, including Colombo Port in Sri Lanka, Chennai Port in India, Chittagong Port in Bangladesh and Yangon Port in Myanmar. Important container port selection criteria are identified and comparisons among container ports are made using previous studies, personal interviews and questionnaires, completed by top shipping companies, freight forwarders, logistics service providers, and experts in Myanmar. The AHP method is used to verify the research model and hypothesis. This study identified five main criteria and eleven sub-criteria when choosing potential regional hub ports among the four ports in the Bay of Bengal. The main findings from the five main criteria suggest that port efficiency is the highest priority criteria, and the second priority is port costs. The criteria of geographical location and available port facilities are the third and fourth most important, respectively, and the last priority is port's hinterland. Regarding the relative competition among these ports, Colombo Port obtained the highest priority among the four influential factors except for port hinterland. This study has certain limitations that will require future research. First, the sample group for the population size is relatively small. Second, interviewees had limited experience answering questionnaires using this methodology and a limited amount of time was available for respondents for the interviews.

Torsional Vibration Characteristics of Shaft Generating System Direct-coupled with Low-speed Two Stroke Diesel Engine (저속 2행정 디젤엔진과 직결된 축발전기의 비틀림 진동 특성)

  • Barro, Ronald D.;Kim, HongRyul;Truong, Hoang Nam;Lee, Donchool
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.27 no.1
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    • pp.14-19
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    • 2017
  • Fuel oil consumption cost varies depending on every ship operation and this roughly amounts to 70 % of shipping companies' total revenue. As such, efforts towards improved fuel economy are being pursued. An annual 1 % reduction in fuel consumption is perceived to result in saving tens million US dollars on the global fleet operation. One approach is the application of power take-off configurations which are seen to increase fuel oil economy and are suitable for power generation. In this study, the dynamic properties of a shaft generator coupled on a 10S90ME main engine of an 18 600 TEU container vessel is presented. The vibratory torque and angular velocity variation was examined through theoretical analysis and actual vibration measurement. The result of the study suggests a review on existing classification rules for generator design and the lowering of vibratory torque and angular velocity variation guideline.

An analysis of Deconcentration Tendencies and Shifting -Share Situations of ICDs: Focused on the Southern Vietnam (내륙 컨테이너 기지의 탈 집중화 및 전이할당 현상 분석: 베트남 남부지역을 중심으로)

  • Phan, Minh Tien;Yeo, Gi-Tae
    • Journal of Digital Convergence
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    • v.18 no.6
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    • pp.143-156
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    • 2020
  • In Southern Vietnam, the competition among Inland Clearance Depot (ICD) has resulted in deconcentration tendencies and shifting share situations. However, related research on Southern Vietnam ICDs in particular and ICDs in Vietnam in general has been extremely limited. Hence, In this study, empirical research is conducted on ICDs located in southern Vietnam from 2010 to 2017. The throughput volume data of ICDs is analyzed by concentration indicators, namely the concentration ratio (CR), the Herfindahl-Hirschman Index (HHI), the Gini coefficient, the Lorenz curve, and the shift share analysis (SSA). The results of adopting all the methodologies indicate that deconcentration was the mainstream trend for ICDs in Southern Vietnam during the period of 2010-2017. The findings provide insights into the process of container terminal development and have academic and managerial implications. The strengthening of the competitiveness of Vietnamese container ports and ICDs could affect the competing Southeast Asian neighbors by facilitating the port of more shipping companies.

Real-Time Port Logistics Location Tracking System using IP-RFID (IP-RFID를 이용한 실시간 항만물류 위치 추적 시스템)

  • Park, Byung-Kwon;Park, Min-Sun
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.22 no.11
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    • pp.1531-1537
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    • 2018
  • In maritime logistics, a large number of containers are transported to the destination through a port in the form of composite transportation such as ships, trucks, and railways. Logistics parties such as shipping companies and consignors prefer having the real-time information on the entry and exit of the logistics hubs of the freight. Particularly, a port is an important space that connects the maritime and inland areas. Hence, the interest about freight of the logistics party in port is high. This study describes tracking the location of freight by using GPS dynamically based on area type rather than point type. This presents dynamic information of location tracking when the freight enters, exits from, and passes through a certain port area. I suggest a real-time location of the container cargos tracking algorithm in port-entry, port-exit, and port inside using Active IP-RFID technology based on the location tracking algorithm of previous research.

An Analysis of User's Response to Mega Containership (초대형 컨테이너 선박에 대한 사용자 의향분석)

  • Nam Ki-Chan;Choi Jang-Rim;Yoo Ju-Young;Song Yong-Seok
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2006.06b
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    • pp.301-307
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    • 2006
  • As container traffic in the world increases rapidly, size if containership is become bigger and bigger. With these trends, many studies have. been done on such big ships by consultant, naval architects, port designers, ship operators, economists etc,. with different points of view and results. But previous studies were concentrated on hardware and theoretical side. Therefore the objective of this paper is to analyze response and intention of ship's user such as shipping companies and forwarding companies about prospects of mega-ship size, preference of Mega ship, problem and handling time of Mega ship.

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