• Title/Summary/Keyword: Korean Ocean Carriers

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Technical Analysis and Future Development of Liquefied Hydrogen Carriers (액화수소 산적 운반선의 기술성 분석 및 향후 개발 과제)

  • Lee, Hyunyong;Kang, Hokeun;Roh, Gilltae;Jung, Inchul
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.28 no.2
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    • pp.361-369
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    • 2022
  • Countries worldwide are shifting to a hydrogen economy to respond to stringent environmental regulations, and the transport of hydrogen between countries is expected to increase in the mid- to long-term. Hydrogen is traded between countries in different forms, such as ammonia, liquid hydrogen, and LOHC (Liquid Organic Hydrogen Carrier), on account of the renewable energy resources in exporting countries, the type of hydrogen use in importing countries, and the technological maturity; however, it is not traded only in a singular form. As marine transportation of ammonia and LOHC is a relatively mature technology compared to that of liquid hydrogen, in this article, we analyzed the technical feasibility of liquid hydrogen carriers while identifying detailed technologies required for their future development and securing possible designs through various technical alternatives.

A Study on the Damage of Delay in Delivery in Maritime Code of P. R. China (중국(中國) 해상법상(海商法上) 인도지연손해(引渡遲延損害)에 관한 소고(小考))

  • Ma, Yanqiu;Hwang, Seok-Kap
    • Journal of the Korean Institute of Navigation
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    • v.25 no.2
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    • pp.195-205
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    • 2001
  • It has been over seven years since Maritime Code of the Peoples Republic of China (hereinafter called the Code) came into force on July 1st 1993. During this period it has played a very important roll in governing Chinas ocean shipping. However, owing to the defects of the Code, many problems have arisen in the performance of the Code, among which is the problem related to delay in delivery. Therefore, it is necessary and inevitable to revise the Code. This study is limited to a rough study on the regulations related to delay in delivery in the Code, such as the definition of delay in delivery, the carriers responsibility for delay in delivery, the carriers exemption from responsibility for delay in delivery, the limitation of responsibility, the procedures of claims for delay in delivery and the difference of the Code from the Korea Commercial Law, the Hague Rules, the Hague-Visby Rules and the Hamburg Rules. Furthermore, some defects in the Code are pointed out and suggestions are provided for the revision of the Code.

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A Heterogeneous-carrier Selectable Routing Scheme Based on Normalized Location and Transmission Characteristics (MCS-NLTC) for Multi-carrier MANETs at Sea (다중매체로 이루어진 해상 자율망에서 이종 매체 선택이 가능하고 정규화된 위치와 전송특성에 의한 라우팅)

  • Son, Joo-Young
    • Journal of Navigation and Port Research
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    • v.38 no.4
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    • pp.343-348
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    • 2014
  • A routing scheme called MCS-NLTC using a self-configuration marine network model and the diversity and heterogeneity of broadband wireless access technologies is newly proposed. The MCS-NLTC algorithm selects optimal nodes and carriers for every hop in optimal routes based on not conventional hop counts but normalized distances to destination ships (location information of destination ships). Normalized transmission characteristics of applications and carriers are considered to get optimal routes as well. The location information enhances convergence speed to get destinations, which makes the route search time faster. Evaluated performances are compared with those of the schemes based on max-win (OMH-MW), and normalized transmission characteristics (MCS-NTC).

Evaluating Carriers for Immobilizing Saccharomyces cerevisiae for Ethanol Production in a Continuous Column Reactor

  • Cha, Hye-Geun;Kim, Yi-Ok;Choi, Woon Yong;Kang, Do-Hyung;Lee, Hyeon-Yong;Jung, Kyung-Hwan
    • Mycobiology
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    • v.42 no.3
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    • pp.249-255
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    • 2014
  • We evaluated a more practical and cost-effective immobilization carriers for ethanol production using the yeast Saccharomyces cerevisiae. Three candidate materials-rice hull, rice straw, and sawdust-were tested for their cell-adsorption capacity and operational durability. Derivatizations of rice hull, rice straw, and sawdust with the optimal concentration of 0.5 M of 2-(diethylamino)ethyl chloride hydrochloride (DEAE HCl) resulted in > 95% adsorption of the initial yeast cells at 2 hr for DEAE-rice hull and DEAE-sawdust and in only approximately 80% adsorption for DEAE-rice straw. In addition, DEAE-sawdust was found to be a more practical carrier for immobilizing yeast cells in terms of operational durability in shaking flask cultures with two different speeds of 60 and 150 rpm. Furthermore, the biosorption isotherms of DEAE-rice hull, -rice straw, and -sawdust for yeast cells revealed that the $Q_{max}$ of DEAE-sawdust (82.6 mg/g) was greater than that of DEAE-rice hull and DEAE-rice straw. During the 404-hr of continuous column reactor operation using yeast cells immobilized on DEAE-sawdust, no serious detachment of the yeast cells from the DEAE-sawdust was recorded. Ethanol yield of approximately 3.04 g/L was produced steadily, and glucose was completely converted to ethanol at a yield of 0.375 g-ethanol/g-glucose (73.4% of the theoretical value). Thus, sawdust is a promising practical immobilization carrier for ethanol production, with significance in the production of bioethanol as a biofuel.

Performance evaluation of the forming methods used in the production of bellows for LNG carriers I - Comparison of design methods and mechanical properties of bellows - (LNG 선박용 벨로우즈의 제작시 성형방법에 따른 성능 평가 I - 벨로우즈의 제작방법 및 기계적 특성 비교 -)

  • Kim, Pyung-Su;Kim, Jong-Do
    • Journal of Advanced Marine Engineering and Technology
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    • v.40 no.7
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    • pp.587-592
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    • 2016
  • Bellows for LNG carriers must be corrosion resistant in order to operate in seawater environments. They must also have long fatigue lives in order to withstand the expansion and contraction caused by large temperature changes and continuous vibration in extreme environments. In order to incorporate these properties into bellow design, it is important to use materials that are resistant to cold brittleness and corrosion, and maintain their optimized forming condition. The design conditions and forming methods used for bellows must be optimized in order to incorporate these characteristics. In this study, finite element analysis was used to develop cryogenic bellows, which have good mechanical strength and reliability. In addition, two different forming methods (mechanical and hydroforming) were used to design and produce bellows, in order to derive their forming condition. The height, thickness, and hardness of the convolutions of bellows produced by each method were measured and compared with each other. The results confirmed that the two forming methods produced bellows with different mechanical properties.

A Study on the Market Concentration Analysis of Korean Ocean-going Shipping Companies (국적외항선사의 시장집중도 분석)

  • Ha, Min-Ho
    • Journal of Navigation and Port Research
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    • v.46 no.4
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    • pp.351-358
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    • 2022
  • This study analyzed changes in the market concentration of Korean ocean-going shipping companies using shipping revenue based CR (Concentration Ratio), and HHI (Herfindahl - Hirschman Index) to examine the effects of the government's selection and concentration based the shipping reconstruction scheme. The results of this study showed that the market structure of the Korean shipping industry has changed from a competitive market to a rather concentrated market, as CR as well as HHI values have increased from 2019 to 2021. In particular, the market share of the deep-sea shipping lines has risen significantly compared to the intra-Asian short-sea shipping lines and the tramp carriers, implying that the Korean liner shipping market has become a monopoly, or highly concentrated oligopoly market. Compared to other shipping markets, the high rise in ocean freight rates (i.e. Asia-Europe America) was the leading cause of the increase in the revenues of the ocean-going shipping lines, and the increased fleet through preemptive government support has enabled them to achieve more revenues. As a result, it can be interpreted that the government's fleet expansion strategy has been more effective than expected, but it is too early to conclude if the market structure of the Korean ocean-going shipping companies has been strengthened.

Low Cycle Fatigue Performance of 304L Stainless Steel Weldments (304L 스테인리스 강 용접부의 저주기 피로 성능 평가)

  • Hwang, JaeHyoen;Oh, DongJin;Lee, DoYoung;Chun, MinSung;Kim, Myung-Hyun
    • Journal of Welding and Joining
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    • v.34 no.3
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    • pp.47-51
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    • 2016
  • Recently, the market of liquefied natural gas is growing in accordance with shale gas development and environmentally friendly policies. Also, LNG is in the spotlight as an alternative fuel to previously used fossil fuel and the fuel for the ship to meet emission standards which takes effected by IMO (International Maritime Organization). According to growth of LNG, LNG carriers needs are also expected to increase significantly. This study investigates low cycle fatigue (LCF) performance of 304L stainless steel weldments to investigate fatigue performance in plastic strain region. 304L stainless steel is known to have improved fatigue performance at cryogenic conditions. LCF behavior are investigated by a strain-controlled condition up to 1% strain range and conducted with three different thickness (3mm, 5mm, 10mm). Also, test were performed with three different strain ratio R such as R = -1, -0, 0.5, Finally, the fatigue design curve for 304L stainless steel weldments at room tem- perature are proposed. Considering all test conditions, it is shown that LCF performance have similar tendency regardless of thickness and strain ratio. LCF design curve of 304L stainless steel weldments are lower than 304L stainless steel base metal.

A Study on Customary Practices in Iron Ore and Steel Product Shipping Contract - Case of Long-term Shipping Contracts in Korea

  • Kim, Hyungjun;Kim, Jae-bong;Oh, Yong-sik
    • Journal of Navigation and Port Research
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    • v.44 no.2
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    • pp.128-135
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    • 2020
  • Long-term shipping contracts represent the cooperative and coexisting relationships between the shipping and steel industries. Yet, differences between the contract forms for iron ore and steel products have emerged. Specifically, the large proportion of consecutive voyage charters (CVC) is being applied in the iron ore trade, whereas the contract of affreightment (COA) is proportionally higher for shipping steel products. The literature review and in-depth interviews in this study identified through the research model, the characteristics of the shipping and market structure in both markets have significantly contributed to the preference of different long-term contracts. It has been determined that the mutual oligopoly market structure and the characteristics of shipping such as, the small number of suitable vessels in the market, the single fixed load/discharge ports, the long-distance voyages, and the potential risks for fatal accidents because of cargo liquefaction, for the iron ore trade, provide higher contribution to the preference of CVC contracts. In contrast, the consignor oligopoly market structure and the shipping characteristics, such as the greater number of suitable vessels available in the market, the variation in ports, the cargo quantity per shipment, the various load/discharge ports, and the need for experienced carriers for steel product loading in the steel product trade has shown higher preference on the COA contracts as the consignors with superiority over the shipowners, resulting in favorable contract types and conditions for the consignors.

An Analysis of Port Competitiveness by the Region - Based on Port Calling Patterns of the Ocean Container Liners - (지역별 항만 경쟁력 분석 - 컨테이너 정기선사의 항만 기항 패턴을 중심으로 -)

  • Kim, Tae-Won;Kwak, Kyu-Seok;Nam, Ki-Chan
    • Journal of Navigation and Port Research
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    • v.30 no.10 s.116
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    • pp.809-817
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    • 2006
  • Shipping and ports have important roles as the nodes and links in maritime logistics. The environment between shipping and ports is interrelated and has been changing' together. Recently, the changes of shipping and ports are rapidly in progress and it is expected to be developed complementarily. Especially, mega carriers reduce the number of ports of calls because the size of ships is becoming bigger and bigger and the 'hub and spokes' strategy is appeared. Therefore, the position of a hub port by the region has questioned This paper aims to research the competitive ports by the region on the basis of the patterns when mega carriers call at ports. Six regions, Far East, Southeast Asia, Northwest America, Northeast America, West Europe and Mediterranean, are organized for this research. According to the volume of cargoes, the top five ports of each region are analyzed. As a result, the competitive ports by the region are Shanghai, Hong Kong, Los Angeles, New York New Jersey, Rotterdam and Gioia Tauro.

A Study on Financial Ratios Change of Korean Dry Bulk Shipping Firms before and after the 2008 Global Financial Crisis (글로벌 금융위기 전후 한국 건화물 선사의 재무비율 변동에 대한 비교 분석)

  • Cho, In-Seong;Ryoo, Dong-Keun;Lee, Ki-Hwan
    • 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.