• Title/Summary/Keyword: Maritime trade

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Ancient Seaports on the Eastern Coast of India: The Hub of the Maritime Silk Route Network

  • DAYALAN, DURAISWAMY
    • Acta Via Serica
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    • v.4 no.1
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    • pp.25-69
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    • 2019
  • India has occupied the most important position of sea trade in the entire South Asian region since the beginning of maritime trade. The extensive maritime trade network between the Harappan and Mesopotamian civilizations as early as the $3^{rd}$ millennium BCE is testimony to the long maritime trade history of India. The Harappans constructed many seaports including the first high-tide dockyard in the world for berthing and servicing ships at the port town of Lothal, Gujarat. From the dawn of the historical epoch, the maritime trade network of India expanded extensively. The long 5422.6 kms coastline of the Indian mainland (excluding the coastlines of the Andaman and Nicobar islands and the Lakshwadweep Islands) is well known for its several seaports manly located at river mouths or outlets to the sea. The main objective of this paper is to discuss in detail all the major ancient seaports on the eastern coast of India and their maritime trade activities. The narrative of these ports is based on archaeological explorations and excavations, foreigners' accounts, Indian literary sources, inscriptions, archival materials, and the field study and personal observation of the author.

A Study on the Revitalization of Intermodal Transport for Increasing Intra-trade at North-east Asia

  • Kim, Sung-Soo;Jeon, Chan-Yong;Kim, Tae-Won;Kwak, Kyu-Seok;Nam, Ki-Chan
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • v.1
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    • pp.471-475
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    • 2006
  • For years, Korea, China and Japan have been continuously increasing intra-trade. In addition, by concluding FTA (Free Trade Agreement) among Korea, Japan and China, the trade capacity will be increased. In this way, the increasing trade capacity will induce to change north-east Asian economy. This paper researches which method is more economical and efficient in the aspect of the transportation time and distance, after comparing the existing marine transportation network with new intermodal transportation network considering TKR.

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Analysis of causality of Baltic Drybulk index (BDI) and maritime trade volume (발틱운임지수(BDI)와 해상 물동량의 인과성 검정)

  • Bae, Sung-Hoon;Park, Keun-Sik
    • Korea Trade Review
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    • v.44 no.2
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    • pp.127-141
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    • 2019
  • In this study, the relationship between Baltic Dry Index(BDI) and maritime trade volume in the dry cargo market was verified using the vector autoregressive (VAR) model. Data was analyzed from 1992 to 2018 for iron ore, steam coal, coking coal, grain, and minor bulks of maritime trade volume and BDI. Granger causality analysis showed that the BDI affects the trade volume of coking coal and minor bulks but the trade volume of iron ore, steam coal and grain do not correlate with the BDI freight index. Impulse response analysis showed that the shock of BDI had the greatest impact on coking coal at the two years lag and the impact was negligible at the ten years lag. In addition, the shock of BDI on minor cargoes was strongest at the three years lag, and were negligible at the ten years lag. This study examined the relationship between maritime trade volume and BDI in the dry bulk shipping market in which uncertainty is high. As a result of this study, there is an economic aspect of sustainability that has helped the risk management of shipping companies. In addition, it is significant from an academic point of view that the long-term relationship between the two time series was analyzed through the causality test between variables. However, it is necessary to develop a forecasting model that will help decision makers in maritime markets using more sophisticated methods such as the Bayesian VAR model.

A Study on the Estimation of Required Seaborne Trade Volume and Carrier Volume of Each Vessel Type in Case of Emergency (우리나라 비상사태시 소요물동량 및 선종별 소요선대 추정 연구)

  • Young-Gyun Ahn
    • Korea Trade Review
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    • v.45 no.1
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    • pp.1-11
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    • 2020
  • The maritime industry is important for Korean international trade, as more than 99 percent of its imports and exports are moved by maritime transportation. However, if maritime transportation is stopped in the event of an emergency, such as war or natural disaster, there is a danger that imports and exports may cease abruptly. Coping with this risk is why the Ministry of Oceans and Fisheries, manages the 'National Necessary Shipping System.' This system requires that the government estimates the size of ships necessary in the case of an emergency, and the ships designated as National Necessary Vessels should transport goods in the case of actual emergencies. This study seeks to estimate the appropriate size of ships required in an emergency using the latest data and applying a quantitative methodology. This study provides useful reference materials for policy authorities. In particular, it is meaningful that this study estimates the required number of ships of each vessel type, reflecting the recent trend of large-scale ships and expanding global trade.

A Study on the Status of Shipping Technology in Korea in Response to Smartification: Based on Patent Analysis and Sentiment Analysis (스마트화 대응 우리나라 선박 기술 실태 조사 연구: 특허 분석 및 감성 분석을 토대로)

  • Bo-Ram Kim;Young-Gyun Ahn
    • Korea Trade Review
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    • v.46 no.2
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    • pp.1-18
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    • 2021
  • Amid the growing importance and urgency of smartening in the Korean maritime logistics industry, this study conducted a survey on the status of Korea's maritime trade technology. Korea is on par with developed countries internationally, but in order to lead the digitalization of the future era, additional developments should be explored by reviewing current conditions. In particular, it is necessary to draw policy implications for smart shipping in Korea, which is a three-sided sea. This study derived technical implications by comparing the number of patent applications and the applicant for domestic and foreign patents related to the major technologies of the Fourth Industrial Revolution. In addition, it was intended to investigate and present the status of Korea's maritime trade technology through the analysis of smart shipping-related emotions and the analysis of positive and negative scores of companies related to sentiment analysis.

Ancient Seaports on the Western Coast of India: The Hub of the Maritime Silk Route Network

  • DAYALAN, DURAISWAMY
    • Acta Via Serica
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    • v.3 no.2
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    • pp.49-72
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    • 2018
  • The extensive maritime trade network between the Harappan and Mesopotamian civilizations as early as the $3^{rd}$ millennium BCE is a testimony to the long maritime trade history of India. From the dawn of the historical epoch, the maritime trade network of India expanded extensively. The findings of a large number of coins, pottery, amphorae and other materials from Italy and various other European countries, west Asia, China, Korea, Africa, the Arabian Peninsula, Sri Lanka, Southeast Asia and Far-East countries in India, particularly in the coastal regions, are a testimony to the dynamic maritime trade of India with other countries in the early period. Similarly, pottery, sculptures, inscriptions and other materials of Indian origin are also found in those countries. The depiction of different types of ships on the coins, paintings, sculptures, seals and sealing, exhibit the variety of vessels used for navigation and other purposes in the early period. The over 7500 km-long coastline of India is well known for its seaports located at river mouths or outlets to the sea. The Periplus Maris Erythraei, Ptolemy, and Indian literary sources mention many seaports on the western coast of India. Interestingly, archaeological investigations in many of these port towns have yielded material evidence exhibiting their dominant role in transoceanic trade and commerce with many countries in the early period. This paper discusses in detail all the major ancient seaports on the western coast of India and their maritime trade activities. At the outset, the paper briefly deals with the Harappan's maritime network, their seaports and the type of ships of that period. Following this, the maritime trade network of India during the historical period with various countries in the east and west, the traces of Indian influence and materials abroad and foreign materials found in India, the products exported from India, the trade winds and navigational devices and the depiction of ships on the coins, paintings, and sculptures of the period are discussed in detail. After briefly highlighting the coastline of India and its favourable nature for safe anchorage of ships and the strategic position of the seaports of western India, an extensive account of the major ancient seaports of western India like Barygaza, Ashtacampra, Gundigar, Kammoni, Khambhat, Bardaxema, Suparaka, Calliena, Semylla, Sanjan, Naura, Tyndis, Muziris, Nelcynda and other seaports, and their maritime trade activities are given based on archaeological excavations and explorations, literature, epigraphy, foreign accounts, and numismatic evidence.

A Brief overview of Marine Traffic Status on port of Mombasa and Maritime Activities in Kenya

  • Otoi, Onyango Shem;Park, Young-Soo;Mutisya, Kyalo Michael
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2015.07a
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    • pp.5-8
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    • 2015
  • Kenya is a sovereign country with a vast potential in maritime industry. Though Kenya is known to have made it in IMO white list on $14^{TH}$ May 2010, she is making huge investments in maritime industry in an effort to have a share of booming world maritime industry and sea trade. Statistics has it that 90% of trade volume is carried on the sea, which is strong indication that for any country inspiring to be an economic powerhouse it has to have a lion share of sea trade volume, and one of the proven ways in gaining economic success is by investing heavily in maritime infrastructure. The purpose of this paper is to give a brief description of marine traffic status in port of Mombasa which is the largest port in Kenya, highlight vital features of multi-billion Lamu port investment under taken by the Kenyan government and finally discuss the future of maritime industry and Kenyan seafarer.

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Zhang Baogao's reaction on the sea trade on Huang Hai (장보고재황해무역구중작용)

  • Li, Bao min;Ming, De quan;Wang, Li
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.06a
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    • pp.197-200
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    • 2000
  • In this paper, three parts study Zhangbaogao's reaction on the sea trade on Huang Hai in 8-9 centenary, it includes: 1. Mabe a period about the person's sea trade on Huang Hai. 2. Set up the range of sea trade about Tang. Silla and Japan, which the central was korea Peninsula. 3. Extend the termination of the silk Route at eastern, Link-ups the Huang Hai sea trade and silk Route.

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A Study on Fujian Ships and Fujian Maritime Merchants ("복선(福船)"과 복건해상(福建海商)에 관한 연구(硏究))

  • Cui, Yun-Feng;Yu, Yao-Dong
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.13 no.4
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    • pp.101-105
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    • 2007
  • The people who lived in Fujian district along the south-eastern coast of China long ago began to construct ships and go fishing. For this reason, they grasped sound navigation skills and gained rich navigation experience. These skills and experience laid basis for the following large-scale overseas trade. In the Tang dynasty, with the development of economy, the people who lived in Fujian district started to leave home town and engage in overseas trade. In the Song dynasty and the Yuan dynasty, with the fast development of overseas communication, more and more Fujian maritime merchants, navigating the Fujian ships which were safe, fast and could arrive at destination on time, engaged in overseas trade. The Fujian ships made it possible for the Fujian maritime merchants to shorten trade time, catch business opportunity, level up the chance of success in trade and make full use of capital. As a result of this, Fujian maritime merchants gained fast development and they reached far areas such as eastern Asia, south-eastern Asia, southern Asia, and eastern Africa. This study deals with the issues such as the reasons for the development of Fujian maritime merchants, the trade engaged in by Fujian maritime merchants, the Fujian ships which played a decisive role in the overseas trade of Fujian maritime merchants.

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