• Title/Summary/Keyword: Domestic Shipping

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A Study on Logistics Integration Strategies of Korean Shipping Companies (국내 해운기업의 물류통합 전략에 대한 연구)

  • Hyung-Jin Chun
    • Korea Trade Review
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    • v.47 no.5
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    • pp.181-200
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    • 2022
  • After the COVID-19 pandemic, a global economic downturn and a recession in the shipping market are expected, it is important for domestic shipping companies to establish appropriate strategy in response to the recession. Accordingly, domestic shipping companies should grow into integrated logistics companies that combine shipping and logistics in the future. And for this purpose, it is necessary to actively promote logistics integration with external shipping and logistics companies. This paper presents the direction of logistics integration for domestic shipping companies to develop as integrated logistics operators with competitiveness in the global shipping market, and presents detailed alternatives. Domestic shipping companies lack the infrastructure such as ships, port terminals, and warehouses, so they have a weak capacity to independently promote logistics integration. At the shipping company level, a logistics integration promotion strategy should be established, and accordingly, logistics infrastructure, service network, and logistics integration operating system should be established. The government should provide tax benefits for logistics integration, financial support for M&As led by domestic shipping companies, a standardized information sharing system, and preparation of educational courses for nurturing digital manpower.

Analysis of Trends and Rate of Change in Domestic and Foreign Passenger Traffic (국내외 여객수송수단의 동향과 변동률 분석)

  • Soo-ho Choi;Jeong-il Choi
    • Industry Promotion Research
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    • v.8 no.3
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    • pp.9-17
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    • 2023
  • The purpose of this study is to look for the trends and rates of change of major passenger modes such as railway, subway, domestic shipping, domestic airline, international shipping and international airline. The data used were selected from the KOSIS, "Domestic Statistics, Statistics by Subject, Transportation and Logistics". The analysis period was 22 years from 1999 to 2020, and the annual rate of change from the previous year was calculated. In descriptive statistics, international shipping and international airlines showed relatively high volatility, whereas railway and subway showed low volatility. In the rise rate analysis, international air and international shipping dropped significantly from 539% and 368% in 2019 to 85% and 20% in 2020 due to Corona. International airline and international shipping fell significantly in 2020, but we expect them to rise again as the shock of Corona disappears in the future. Therefore, it seems that we need a project to prepare for this. International air and international shipping are expected to continue their upward trend as international trade picks up again and international travel regains its momentum.

A Study on the Trade Law Conformity of Korean Shipping Policies (우리나라 주요 해운정책의 통상법적 합치성 분석 연구)

  • Young-Gyun Ahn;Min-Kyu Lee
    • Korea Trade Review
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    • v.47 no.6
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    • pp.39-53
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    • 2022
  • This study conducted a conformity review of Korean shipping industry policy and suggested that the Korean five-year shipping reconstruction policy has not violated the WTO (World Trade Organization) trade law agreement yet. In order to investigate the latest Korean shipping policy, domestic and foreign reports were reviewed, and after that, the WTO's published data and domestic and foreign journals were analyzed. Through this process, this study tried to review the conformity of trade laws by major Korean shipping policies. The shipping industry is a representative service industry, and subsidies for this are not subject to WTO-level regulation in principle. The purpose of Korean shipping industry policy is to support the shipping industry, a type of service industry, and even if the ship-building and manufacturing industries (shipper) indirectly spread benefits in the process, this is unintentional or private-level support. That is, this study concluded that It is understood that Korea's five-year shipping reconstruction policy does not violate the WTO trade law agreement.

Analysis on Costs Structure and Economic Limitation at Domestic Short Sea Shipping of Container (컨테이너 연안운송의 비용구조와 경제적 제약 분석)

  • Park, Yong-An;Choi, Ki-Young
    • Journal of Korea Port Economic Association
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    • v.25 no.3
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    • pp.321-338
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    • 2009
  • This study looks at the reasons behind the termination of container transportation between Busan and Incheon in terms of costs structure, the division of profit, and the economic limitation faced in the domestic shipping market. The operation costs have been examined in relation to the components of logistic system of container shipping and the cost function has been estimated. The distribution proportion of operation revenue has been also investigated, considering the different components of logistics activities. In addition, the average revenue of container vessels of 144TEU and 215TEU has been calculated. Economic limitation can be analysed through the optimisation behaviour of shipping companies which tries to maximize profit or minimize loss. In conclusion, domestic short sea shipping can get the economy of scale only by transporting vessels' maximum capacity. It is also vulnerable to trucking market's fluctuation. Without the subsidy for operation, the liner in domestic short sea shipping will stop the service in order to minimize the loss.

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Analysis of Domestic Fishing Vessel Stability Regulations and Research on their Criteria Amendment for Improvement (국내 어선 복원성 규정 분석 및 개선 기준안 연구)

  • Oh, Kyoung-Gun;Im, Nam-Kyun
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.28 no.2
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    • pp.290-296
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    • 2022
  • According to an investigation performed on shipping accidents, the number of domestic shipping accidents has been increasing despite the decrease in global shipping accidents. Therefore, to reduce domestic shipping accidents, the present study investigated the criteria for the stability of fishing vessels. The IMO, foreign, and domestic regulations regarding fishing vessel stability were investigated, and a comparative study was conducted. The results showed that domestic regulations were the most relaxed regarding vessel stability. Finally, we proposed five items for the KOREA FISHING VESSELS STABILITY CRITERIA AMENDMENTS on the basis of the comparative study.

A Study on the Analysis of Domestic Shipboard Disaster (국내의 선원재해 현황에 관한 연구)

  • 장석기;양원재;박계각;이창희;남정길;천대일
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2002.03a
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    • pp.131-140
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    • 2002
  • Recently, in the whole fields of industry including shipping business, the conception and importance of Human Factor is very highly and frequently emphasized. But the domestic crew disaster including injury and illness in our shipping business shows higher accident rate than other shipping countries. Therefore the developing of measurec to prevent/reduce the accident is highly required as the marine accident including crew disaster cause enormous loss of property and human life in size and scale. But, because the domestic data regarding the crew accident are relatively insufficient and rare, the developing of these measures has many difficulties. Therefore, this study is to make the concerning data for the useful reference by showing the trend and current situation of crew accidents, assorted by the crew's rank, type of the accident, injured part of the body, cause of the accident, type of ships and type of the works when the accident occurred, by using the each ocean-going shipping company's recent 5 years('95∼'99) data in korea.

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How Shipping Company Satisfies Shippers Through Service Quality in South Korea: The Mediation Role of Trust

  • Roh, Taewoo;Park, Keun-Sik;Oh, Yeeun;Noh, Jinho
    • Journal of Korea Trade
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    • v.25 no.5
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    • pp.19-38
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    • 2021
  • Purpose - This study aims to verify the direct causal relationship between cost competitiveness and global network competitiveness, which are the tangible service quality factors determined by the shipping company, which in turn affect the shipper's customer satisfaction. Additionally, we empirically investigate the intangible, related service qualities determined by shipping companies, such as operational competitiveness and customer relationship quality, and how these then positively affect customer satisfaction through the formation of trust. Therefore, we examine the mediating effect of trust formation among different contractors for shipping services. Design/methodology - In order to examine the shipping company's tangible and intangible service-qualities perceived by the shipper on customer satisfaction and the process of trust formation between contractors, we collected valid data from 114 respondents out of 200 distributed questionnaires. The respondents consisted of domestic freight forwarders who engage with domestic and international shipping and logistics agencies. Descriptive statistics, confirmatory factor analysis, reliability, convergent and discriminant validities, common method bias, and PLS-SEM (partial least square-structural equation model) were analyzed using the program STATA 16. Findings - The findings of this study are as follows. First, our results showed that all hypotheses assumed in this study had statistically significant supporting evidence. Second, it was found that the mediating effect of trust was significant in affecting the quality of intangible service- qualities for customer satisfaction. Third, through supplementary analysis, we found that the global network competitiveness of domestic shipping companies will increase in importance in the future. In conclusion, the theoretical and practical implications of these findings are presented. Originality/value - This study reaffirmed the traditional causal relationship between customer satisfaction and tangible service quality. Additionally, we also contribute to the literature on the understanding of the causal relationship between trust formation and customer satisfaction through intangible interactions from a long-term perspective.

Fuzzy AHP Evaluation for Performance of Container Shipping Companies in Vietnam (Developing on the Model of Previous Study for the Domestic Lines)

  • Yoon, Dae-Gwun;Ngo, Phuong Thao;Keum, Jong-Soo
    • Journal of Navigation and Port Research
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    • v.42 no.5
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    • pp.365-370
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    • 2018
  • Currently, container transport services play a substantial role in global cargo transportation, by serving as an intermodal between exporter and importer. Container shipping has become increasingly important over the past few decades, due to obvious advantages. However, Vietnam's container market has shown severely ongoing competition among numerous domestic and foreign shipping lines, resulting in serious consequences occurring such as freight rates substantially decreasing within the last 10 years. Vietnam's sea lanes have become more defensive, to cover losses of shipping companies. Selection of criteria for competitive evaluation of container transport companies is necessary, to facilitate addressing the problems within the enterprise, especially relating to its position in the market and from here, business management can implement strategic plans and reasonable policy, to survive and grow.

Fuzzy Multi Criteria Evaluation for Performance of Vietnam Container Shipping Companies (Focussing on domestic companies including to previous study)

  • NGO, Phuong Thao;YOON, Dae-Gwun;KEUM, Jong-soo
    • Proceedings of KOSOMES biannual meeting
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    • 2017.04a
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    • pp.166-166
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    • 2017
  • Nowadays, container transport services play a substantial role in global cargo transportation by serving as an intermodal between the exporter and importer. Container shipping has become increasingly important over the past few decades due to its obvious advantages. However, Vietnam's container market has shown severely ongoing competition among numerous domestic and foreign shipping lines resulting in serious consequences occurring such as the freight rates substantially decreasing within the last ten years. In fact, Vietnam's sea lanes have become more defensive to cover the losses of shipping companies. Selection of criteria for competitive evaluation of container transport companies is necessary to help recognize the problems within the enterprise especially relating to its position in the market and from here, business management are able to put strategic plans in place and reasonable policy in order to be able to survive and grow.

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