• Title/Summary/Keyword: Maritime trade

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An Analysis on the Impact of Korea-Chile FTA on Busan Port - Focusing on the Inbound Container from Chile - (한-칠레 자유무역협정이 부산항 물동량에 미치는 영향분석 - 대 칠레 수입 컨테이너화물 중심 -)

  • Nam, Kichan;Nam, Hyung-Sik;Kang, Dal-Won
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.681-687
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    • 2013
  • Free Trade Agreement(FTA) aims at abolishing tariffs on trade among nations or regions resulting in having a significant impact on maritime transportation and port. Korea made the first FTA with Chile in 2004 and the trade volume between two countries has seen significant increase. The literature on such impact, however, seems to be very limited. The main purpose of this study is, therefore, to analyze the impact of Korea-Chile Free Trade Agreement on the imported container throughput from Chile at the Busan Port. For this both cross-sectional and time series data are collected that comprise container throughput, Gross Domestic Product (GDP), import tariff, and maritime freight rate, from 2000 to 2011, and the gravity model is applied. The main result of the study shows that the dependent variables, GDP and import tariff are statistically significant, but the maritime freight rate is not consistent with regarding to statistical significance and parameter sign.

Gaza Seaport as a Way to Enhance the Palestinian Economic Development

  • Hassouna Abdallah;Nam Ki-Chan
    • Journal of Navigation and Port Research
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    • v.29 no.9
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    • pp.813-819
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    • 2005
  • The purpose of this paper is to present some main economic factors which influence Gaza Seaport. Without direct access to the international market, the Palestinian economy will continue its dependence on Israeli economy mainly in employment, transport facilitation, and international trade. The greatest potential for Palestinian economic growth lies in trade. The port is important for creating new job opportunities, and for enhancing exporting capabilities, which are the most essential elements for development of the Palestinian economy. Israeli policies and procedures incur Palestinian exporters additional transportation costs when delivering their products to Israeli Ports or when transit these products to neighboring countries through Israeli controlled area. The public profit for the port is greater than the private profit. Therefore, constructing the port will have a great effect on the Palestinian economy. There are many challenges facing the port, some of them are the political stability, the economies of scale, and Israeli security measures and procedures.

The Korea Maritime Security and National Economy (한국의 해양안보와 국가경제)

  • Park, Eung-Soo;Ko, Kwang-Soob
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.14 no.1
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    • pp.251-258
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    • 2010
  • The Republic of Korea is the maritime country of which its infrastructure of the country's development is based on maritime trade. This can be easily understood according to degree of dependence upon foreign trade, which is the economic indicator for expressing one country's economic characteristics. In 2008, the degree of dependence upon foreign trade of Korea is 83.5%, and this figure is much higher than that of Japan and China, which is 28.8% and 68% respectively. This in turn means that the development of Korea, and also the security of Korea depends greatly on safety of the sea. On the other hand, there is a growing trend that threats to the maritime security of Korea increases as examples seen in Somalia pirates. Thus we could say that interest on this issue should increase and also measures to counter those threats should be prepared. Also Korea should take the maritime security as important as critical factors as national security, which is similar to military threats from North Korea. Therefore all citizen's interests on the issue should be raised, and organizations that are capable of mutually integrating the functions related to maritime security should be established. Finally, Korea should actively participate international efforts on maritime security, and secure maritime security of our nation therefore contribute to the nation's prosperity and future development.

The User Analysis for Visual Range and Arrangement of Light-buoy on the Channel of the Domestic Trade-port (국내 무역항 항로의 등부표 시인거리와 배치에 관한 이용자 분석)

  • Kim, Jung-Hoon;Gug, Seung-Gi;Yun, Jong-Hwui;Jeong, Tae-Gweon
    • Journal of Navigation and Port Research
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    • v.32 no.5
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    • pp.327-332
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    • 2008
  • This paper analyzed the visual range and arrangement of light buoy on navigation officers as the primary material to establish the standard of optimal arrangement of light buoy on the channel of the domestic trade-port. About $30{\sim}150$ questionnaires by port were distributed according to the scale of trade-ports and then Effective total 356 copies were used in analysis. The distance, $2{\sim}4$mile, occupied the highest percentage 55.0% as the visual range with naked eyes at the daytime in bright weather. At the arrangement way of light buoy the both sides buoy method showed high in the preference 62.1% among the respondents. The preferred interval between sequence buoys was averagely 1.09mile. Also, the preferred number of light buoy was two in the preference 40.6% among them to cognize without binoculars.

Is It Possible to Achieve IMO Carbon Emission Reduction Targets at the Current Pace of Technological Progress?

  • Choi, Gun-Woo;Yun, Heesung;Hwang, Soo-Jin
    • Journal of Korea Trade
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    • v.26 no.1
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    • pp.113-125
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    • 2022
  • Purpose - The primary purpose of this study is to verify whether the target set out by the International Maritime Organization (IMO) for reducing carbon emissions from ships can be achieved by quantitatively analyzing the trends in technological advances of fuel oil consumption in the container shipping market. To achieve this purpose, several scenarios are designed considering various options such as eco-friendly fuels, low-speed operation, and the growth in ship size. Design/methodology - The vessel size and speed used in prior studies are utilized to estimate the fuel oil consumption of container ships and the pace of technological progress and Energy Efficiency Design Index (EEDI) regulations are added. A database of 5,260 container ships, as of 2019, is used for multiple linear regression and quantile regression analyses. Findings - The fuel oil consumption of vessels is predominantly affected by their speed, followed by their size, and the annual technological progress is estimated to be 0.57%. As the quantile increases, the influence of ship size and pace of technological progress increases, while the influence of speed and coefficient of EEDI variables decreases. Originality/value - The conservative estimation of carbon emission drawn by a quantitative analysis of the technological progress concerning the fuel efficiency of container vessels shows that it is not possible to achieve IMO targets. Therefore, innovative efforts beyond the current scope of technological progress are required.

A Study on Logistics Development in Mongolia

  • Boldbaatar, Tumenjargal;Yoon, Daeg-Wun
    • Journal of Navigation and Port Research
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    • v.36 no.4
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    • pp.313-319
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    • 2012
  • This study aims to present about current status of logistics in Mongolia. As a landlocked country have limited the role of a maritime transportation is a very poor country. However, Mongolia is a rich country in mineral resources in the world and became a center of increasing international trade. Therefore, Mongolia wants to develop logistics as other developed countries using a strategic location. Mongolia uses international port for transit China and Russia by railway. First, this paper focuses on discussing the current situation of logistics. Second it points out some issues currently facing by the governmental policy to promote. Finally, this paper presents some recommendations for developing logistics in Mongolia. The geographical remoteness of Mongolia which results in high cost of transport causes problems for trade relations with the rest of the world to grow.

CURRENT SITUATION AND PROSPECT OF SHIPPING INDUSTRY IN VIETNAM

  • Le, Thanh Van;Kim, Sung-June
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2014.06a
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    • pp.215-220
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    • 2014
  • The report analyze the current situation of shipping industry in Viet Nam, including information about Viet Nam seaborne trade, shipping companies, sea-going fleets, seafarers, major seaports. Afterward it will be disclosed the policy of sea transport in Viet Nam. And finally, the author will give summary and conclusion about shipping industry in Viet Nam.

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A Study on the Industrial Competitiveness of Ballast Water Management System in Compliance with the International Maritime Organization Ballast Water Management Convention in Korea (우리나라 선박평형수처리시스템(BWMS) 산업의 경쟁력 분석에 관한 연구)

  • Park, Han-Seon;Kim, Bo-Ram;Lee, Jeong-Seok;Chung, Haeng-Un
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.26 no.5
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    • pp.483-492
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    • 2020
  • In this study, we compared and analyzed the Revealed Comparative Advantage (RCA) and Trade Specialization Index (TSI) based on ballast water management systems (BWMS) trade data, which are related to the International Maritime Organization (IMO) Ballast Water Management Convention to suggest the current status of Korea's industrial competitiveness and suggest future development directions for the BWMS industry. As international interest in eco-friendly vessels is expanding, the IMO is engaged in dramatic discussions and agreement-making related to marine emissions of pollutants from ships. IMO member states that must implement this convention are striving to develop technology and secure industrial competitiveness as major industries in the eco-friendly shipping sector, with the BWMS industry experiencing a high market entry barrier and the possibility of the leading market entrants gaining leadership. The Republic of Korea accounts for 17 (approximately 38 %) of the 45 BWMS that received final approval as of October 2019. Based on trade data relating to product codes HS842219, HS84212, and HS89, the RCA index and TSI were calculated and compared. The findings revealed that the Republic of Korea has relative inferiority compared to countries such as Germany and Denmark. Despite this, Korea's favorable industrial environment, which includes several IMO-approved BWMS technologies and the possession of domestic certification institutions, is likely to strengthen its competitiveness in the BWMS market.

A Study on the Solution for Activation and Establishment Significance of Asia Pacific Maritime Arbitration Center (아시아·태평양 해사중재센터 설립 의의와 활성화 방안에 관한 연구)

  • Kim, Sung-Ryong
    • Korea Trade Review
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    • v.43 no.1
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    • pp.91-107
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    • 2018
  • This study considers the activation of the Asia Pacific Maritime Arbitration Center(APMAC) established for the first time in South Korea. This research investigates the suitability of arbitration for maritime disputes through literature review, as well as the importance and expectations of the establishment of the APMAC. In order to activate the APMAC, maritime arbitration rules must be established. Second, a cooperative body should be established between the courts and related institutions. Third, related institutions need to creat a short term and long term promotion plan. Fourth, the APMAC should appoint professional arbitrators in the maritime field. Fifth, an educational system should be established for new arbitrators. Finally, APMAC should link to universities for research activities.

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