• Title/Summary/Keyword: Northeast Asia Logistics Hub

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The Strategy for the Position and Development of the Land Logistics System of the Korean Peninsula (한반도의 동북아 육상물류체계 위상과 발전 전략에 관한 연구)

  • Kim, Hong-Seop
    • Journal of Korea Port Economic Association
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    • v.32 no.2
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    • pp.1-24
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    • 2016
  • Northeast Asia is changing rapidly, including becoming an increasingly important part of the world economy. Various logistical systems and networks are being established in this area, including South and North Korea, China, Japan, Russia, and Mongolia. Thus, a new systematic logistical network and development strategy is required. The division of the Korean peninsula has for a long time made the region ineffective in terms of land logistics. South Korea's connection to Eurasia is blocked by North Korea, which means it is essentially treated as an island. Furthermore, South Korea does not have an efficient logistics system or effective vision and strategy. Northeast Asia has the potential to be one of the largest economic communities in the world, similar to the EU and North America. Thus, a united Korea can play an important role as the land bridge of Northeast Asia and the logistical hub of the region. This study reviews the logistical position, tasks, and problems of the Korean peninsula and suggests a desirable development strategy and vision. Specifically, after examining the conditions for a land logistical system, focusing on railways, this study proposes several future-oriented development strategies and tactics that will position the peninsula as a logistical hub in Northeast Asia. We anticipate that this study will serve as the basis for future research that will investigate the topics presented here in more detail.

A Study on the Win-win Strategy on Northeast Asian Feeder Network (동북아 피더네트워크의 Win-win전략에 관한 연구)

  • Jang, Woo-Jun;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.243-248
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    • 2006
  • Recently, China opened Yangshan port and provides a variety of benefits for shipping companies. Japan plans to reduce logistics costs and improve efficiency through the established 'super major ports' project. According to the 'hub and spokes' system, the number of direct calls toward North-Chinese ports are increasing. This changing environment has negative effects on the amount of transshipment cargos in Korean ports. In order to make a hub port of a domestic port, it is necessary to develop northeast Asian Feeder networks. Therefore, this paper analyzes the structure of northeast Asian feeder networks through the case study of European feeder networks strategy. Finally, we suggests the plans to reinforce feeder networks, which are strategic terminal operation, strategic alliances between shipping companies and port co-operation, for win-win strategy in the competitive northeast Asian market.

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National Strategy for Global Logistics Center in the North-East Asia on Financial Perspective (재무적 관점에서의 동북아 물류중심 국가전략의 적합성에 관한 연구)

  • Lee, Jae-gyoon;Ahn, Ki-Myung;Kim, Hyun-Duk
    • Journal of Navigation and Port Research
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    • v.28 no.3
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    • pp.169-175
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    • 2004
  • The purpose of this study is to present the detailed national strategy, from the financial point of view, for global logistics center in the Northeast Asia using the Balance Scorecard Model(BSC) as well as SWOT analysis. It is a core national challenge for Korea to emerge as a logistics hub of the Northeast Asian region, which is directly related to its very existence in the 21st century. In the process of formulating such a vital strategy, various aspects must be considered In conclusion, this study has successfully deduced the preemptive strategy for exceeding other competitors from the financial (budgetary) perspective and the logistics strategy from inner process standpoint of maximizing logistics outcome by carrying out efficient logistics policy.

Busan Newport Development Master Plan (부산 신항 개발 기본계획)

  • 오세범;김영수
    • Proceedings of the Korean Society of Coastal and Ocean Engineers Conference
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    • 1997.10a
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    • pp.10-15
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    • 1997
  • Purpose of the Pusan Newport development is to elevate national competition forte through handling the increasing traffic volume of the 21th century and to make her $\ulcorner$Hub Port$\lrcorner$ of Northeast Asia Container logistics market

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A Study on Global Strategies of Tank Terminal Operators and Implications for Korea's Oil Hub Policy in Northeast Asia (탱크터미널 운영기업의 글로벌 전략과 우리나라의 동북아 석유물류허브 정책에 대한 시사점)

  • Lee, Choong-Bae;Park, Sun-Young
    • Journal of Korea Port Economic Association
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    • v.25 no.1
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    • pp.63-86
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    • 2009
  • With increasing uncertainty of energy market in the world, the policies for the energy resource security have become crucial Several countries with poor energy resource like Netherlands and Singapore have pursued the policy for becoming an oil hub in the region. Singapore has been an oil hub in East Asia for a long time not only because it is well located with a large number of countries exporting and importing oil but it has also pursued strong policies to become an oil hub while establishing favourable institutional, regulatory and business environment for accommodating major refineries and petro-chemical companies. However with growing trading volume of petroleum products in Northeast Asia and a record high price of oil in these days, the necessities of another oil hub in the region are considered in order to reap benefits of the security of economical and stable oil. South Korea is situated astride the main North Pacific shipping route, with deep water ports and proximity to Chinese and Japanese industrial centres that make tank terminal operators Ideal choices for the oil hub in Northeast Asia although it has several disadvantages such as lack of independent storage facilities, underdeveloped oil trading market and unfavourable business friendly climates etc. This study is focused on examining the globalization strategies of tank terminal operators such as Vopak, Oiltanking and Odfjell in order to suggest the policy implications for becoming an oil tub in Northeast Asia.

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The development device of Gwangyang port and Gwangyang bay in accordance with its free economic zone (광양항 및 광양만권 경제자유구역의 활성화 방안에 관한 연구)

  • 장흥훈
    • Journal of Korea Port Economic Association
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    • v.20 no.1
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    • pp.123-140
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    • 2004
  • With the globalization of economy, there is keen competition among rountries to be a logistics hub and companies are striving to be first in establishing logistics system centering on advantageous sites, especially airport and seaports, to perform supply, production and distribution. Korea competing with Northeast Asia countries is also working out strategies in order to make Korea peninsula a logistics center of Northeast Asia taking advantage of its geographical strength. Gwangyang port has designated as Free Economic Zone together with Pusan and Jinhae, Incheon from October 24th, 2003. However, the introduction of Free Economic Zone in Korea lagged behind other major countries and it has a lot of operational problems. Approximately 600 areas worldwide are designated and operated as a Free Economic Zone and Gwangyang port and its surrounding area has several points to be settled as one of FEZ. First one is its limited functions and related laws. Next is imperfection on development, investment and management system of the hinterland. Lark of promotion activities could be one of the problems. This paper analyzes the above problems and presents various measures to activate Gwangyang Port and Gwangyang Free Economic Zone as follows Benchmarking to promote Gwangyang Free Economic Zone as follows Benchmarking other countries' system, governmental support, introduction & logistics functions, early development of the hinterland, supply of effective one-stop service, investment attraction into the area and diversified promotion & marketing activities.

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A Study on the Development Device of Innovation Cluster and Investment to Free Economic Zone of Gwangyang Bay (광양만권 경제자유구역에의 투자유치와 혁신클러스터 구축방안)

  • 장흥훈
    • Journal of Korea Port Economic Association
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    • v.21 no.1
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    • pp.111-132
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    • 2005
  • With the globalization of economy, there is keen competition among countries to be a logistics hub and companies are striving to be first in establishing logistics system centering on advantageous sites, especially airport and seaports, to perform supply, production and distribution. Korea competing with Northeast Asia countries is also working out strategies in order to make Korea penninsula a logistics center of Northeast Asia taking advantage of its geographical strength. Gwangyang port has designated as Free Economic Zone together with Pusan and Jinhae, Incheon from October 24th, 2003. However, the introduction of Free Economic Zone in Korea lagged behind other major countries and it has a lot of operational problems. Approximately 600 areas worldwide are designated and operated as a Free Economic Zone and Gwangyang port and its surrounding area has several points to be settled as one of FEZ. First one is its limited functions and related laws on Gwangyang Bay. Next is imperfection on development, investment and management system of the FEZ. Lack of promotion activities could be one of the problems. If we want to activate the FEZ, we must induce investment at Gwangyang Bay. This paper analyzes the above problems and presents various measures to activate Gwangyang Free Economic Zone by inducing investment for innovation cluster as follows Benchmarking to promote Gwangyang Free Economic Zone as follows Benchmarking other countries' system, governmental support, introduction & logistics functions, early development of the hinterland, supply ofeffective one-stop service, investment attraction into the area and diversified promotion & marketing activities.

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A Study on the Entry Success Strategies of Korean Logistics Enterprises for Changes in China's Inward Foreign Direct Investment Policies (중국 외국인직접투자(Inward FDI)정책 변화에 따른 우리 물류기업의 진출 성공 전략 도출에 관한 연구)

  • Kim, Hyung-Geun;Jeon, Jae-Woan
    • International Commerce and Information Review
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    • v.12 no.3
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    • pp.123-143
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    • 2010
  • This paper attempts to analyze the strategies that Korean enterprise have taken to respond to China's rapidly changing foreign direct investment policies, especially after China's participation in the WTO. China's logistics industry has entered a stage of fast growth and the demand of logistics infrastructure Korea which is trying to be a logistics hub in Northeast Asia has to pay attention to the logistics of China. This paper provides the basic information for enhancing global logistics to logistics enterprise. Korean logistics enterprises analyze problem of China's policy and will have to cope political change spontaneously.

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A Study on Direct Logistics Lines between Asia and South America through Korea and Ecuador (한-에콰도르를 중심으로 한 아시아-남미 직항물류망 연구)

  • Kim, Myung-Jae;Jang, Woon-Jae
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2013.06a
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    • pp.218-222
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    • 2013
  • Trade turnover between asia including our country and China and South America including Brazil the Chile is increasing continuously. That key item is diversified very from the raw materials to the agriculture and marine products, the industrial product and the mineral. The international transportation of these freight mainly depends in the aircraft and the container liner. But, in order to pass through the most various port of call is makes transshipment cargo and the long lead-time. so the goods expense of the style increases. The research proposed logistics network's construction between the main harbors of Korea and Ecuador. These nation according to great circle navigation is contiguous geographically in order to confront Pacific Ocean. These nation is contiguous geographically in order to confront Pacific Ocean by the great circle navigation. Specially Korea will become the hub-port of Northeast Asia and South America, which is caused by direct logistics lines's establishment.

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The study on the change of the North-East Asian logistics System focusing on Chinese Ports (중국항만을 중심으로 한 동북아 물류체제흐름 변화 연구)

  • 박경희
    • Journal of Korea Port Economic Association
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    • v.20 no.1
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    • pp.79-93
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    • 2004
  • Recently, the change of shipping and port environment has required the new strategy from the liners, terminal operators, ports. The ports of call in the North American and European line also has changed as the Chinese ports made rapid advance. This seems to result from the fact that the trend of the container transportation by sea has developed the traditional concept, called port-to-port system that directly links between a port and another port into the network with complicated hierarchical structure reflecting costs, efficiency, and strategy of the Mega Carrier. This paper suggests the factors for Busan port to become the hub port of northeast Asia by analyzing the change of the liners' strategy along the change of the shipping and port environment, the global management of the operator of container port, and the amount of containers flowing in the northeast Asia.

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