• Title/Summary/Keyword: Northeast Economic Hub

Search Result 68, Processing Time 0.022 seconds

Logistics of the Dongbei Area in China (중국 동북3성의 물류현황 및 시사점)

  • Park, Byung-In;Kim, Chang-Hyun;Shin, Seung-Sik;Bae, Jong-Wook
    • Journal of Korea Port Economic Association
    • /
    • v.23 no.2
    • /
    • pp.145-172
    • /
    • 2007
  • The goals of this paper are to analyze the present status of logistics on the Dongbei area in China and present implications to the related Korean companies. The mainland of China is very huge, we need to study each regional logistics of China separately. The Dongbei area is more than three times as much as the Korean peninsula, and the population is over two times as much as the two Koreas. Therefore, Korea which is trying to be a logistics hub in Northeast Asia has to pay attention to the logistics of China. This study tries to analyze the logistics of the Dongbei area, but except for the Liaoning province, we needs more information.

  • PDF

Effects of Macroeconomic Conditions and External Shocks for Port Business: Forecasting Cargo Throughput of Busan Port Using ARIMA and VEC Models

  • Nam, Hyung-Sik;D'agostini, Enrico;Kang, Dal-Won
    • Journal of Navigation and Port Research
    • /
    • v.46 no.5
    • /
    • pp.449-457
    • /
    • 2022
  • The Port of Busan is currently ranked as the seventh largest container port worldwide in terms of cargo throughput. However, port competition in the Far-East region is fierce. The growth rate of container throughput handled by the port of Busan has recently slowed down. In this study, we analyzed how economic conditions and multiple external shocks could influence cargo throughput and identified potential implications for port business. The aim of this study was to build a model to accurately forecast port throughput using the ARIMA model, which could incorporate external socio-economic shocks, and the VEC model considering causal variables having long-term effects on transshipment cargo. Findings of this study suggest that there are three main areas affecting container throughput in the port of Busan, namely the Russia-Ukraine war, the increased competition for transshipment cargo of Chinese ports, and the weaker growth rate of the Korean economy. Based on the forecast, in order for the Port of the Port of Busan to continue to grow as a logistics hub in Northeast-Asia, policy intervention is necessary to diversify the demand for transshipment cargo and maximize benefits of planned infrastructural investments.

A study on the cooperation of Air Transport between South - North Korea (남북한 항공운송협력에 관한 연구)

  • Kim, Woong-Yi;Lee, Kang-Seok;Kim, Do-Hyun
    • The Korean Journal of Air & Space Law and Policy
    • /
    • v.20 no.1
    • /
    • pp.143-209
    • /
    • 2005
  • In 1994, the North Korea indicated their intention to open up airspace. The air route passing through from Daegue FIR to Pyungyang FIR has established in 1996. The air transport cooperation between South and North Korea seemed to be reinforced at the event of President Kim, Dae-Jung's visit to North Korea by passing through a temporarily established Yellow Sea Airway in the year of 2000. The nature characteristics of air transport burdening of many circumstantial situations, however, have kept cooperation between South and North Korea from being facilitated till now. Recently as the more exchange between North and South Korea, the more frequent opportunities to discuss economic cooperation, which in sequence increased political credibility has been increased. The rail, road, and port reconnecting has realized which have been regarded impossible. Furthermore, it is expected to transport personnel and goods through South-North direct connected routes in the near future This study shows several meanings of air transport cooperation between South and North Korea. It will be far beyond simply partial air route connecting in this region, it gives great significance to realize economic cooperation and Northeast hub through air transport industry sector. This will be an exit for air transport industry have suffered limits derived from North Korea troubles and difficulties in growing as Northeast air hub. Namely, South-North air connection denote its meaning in providing opportunities Korea to be Northeast Hub and advanced country having globally competitive air transport industry To develop strategy for air transport cooperation between South and North Korea. they were developed by SWOT analysis on the basis of circumstantial analysis. These strategy need to be commanded properly to the changes of surrounded circumstances. The study result show it is desirable to apply phasal strategies by using strengths, weaknesses, threats and opportunities factors underlying analysis of inner and outer circumstances to cooperate in air transport sector.

  • PDF

The Decision Criteria on the Transshipment Container Ports (컨테이너항만의 환적항 결정요인 분석)

  • Park, Byung-In;Sung, Souk-Kyung
    • Journal of Korea Port Economic Association
    • /
    • v.24 no.1
    • /
    • pp.41-60
    • /
    • 2008
  • Korea has been doing a two-port system as a main port development policy and developing the port of Busan and Gwangyang as the transshipment hubs in the northeast Asia. However, the growth rate of the transshipment container volume of the Gwangyang port in 2007 was sharply dropping more than 31.4%. The reasons why reduced the growth rate of transshipment cargo were from the port development in north China and the direct callings of ships. Therefore, it is time to evaluate the transshipment hub port policy of Korea. This study would recognize the decision criteria of shipping companies as customers for the transshipment hub in the northeast Asia by the AHP methodology based on Lirn et al. (2004). It has been known the costs of shipping companies and port location as the main first tier criteria for transshipment ports, and container handling charges, closeness to the main navigation route, carriers' strategy, and nearness to the feeder ports as the important second tier factors. Finally, the domestic terminal operating companies would focus on only a few attributes including the terminal cost factor, but the international shipping companies would be considering more several factors than they do. Therefore, the transshipment port strategy should be enriched in the near future.

  • PDF

The Devices to Strengthen the Competitiveness of the Port of Busan Relating to the Change of Logistics Environment in North-East Asia (동북아 물류환경변화에 따른 부산항의 경쟁력 강화 방안)

  • Bae, Byeong-Tae
    • Journal of Korea Port Economic Association
    • /
    • v.20 no.2
    • /
    • pp.131-149
    • /
    • 2004
  • With trend of container ships becoming larger and faster, the environment surrounding ports in North-East Asia is rapidly changing. Korea's largest port of Busan processed more than 10 million 20- feet equivalent containers in 2003, surpassing the 10-million TEU mark for the first time in its three decades of operation. However, the Port of Busan , the world's third-largest port in 2002, was eclipsed by Shanghai since July in 2003. The first massive strike of truckers crippled the Korea's logistics system in May and in September, the Port of Busan suffered from the second strike of truckers and damage by a powerful typhoon. By contrast, the port of Shenzhen in China increased its container-processing volume by 39.9 percent to 10.65 million TEU in 2003, and Shanghai, which passed Busan in terms of container volume in the middle of last year, further consolidated its position as the world's No. 3 port with an annual volume of 11.28 million TEU. After all, Busan recorded an annual container volume of 10.40 million TEU, slipping to fifth in rankings in 2003 and Busan's bid to become a Northeast Asian hub has suffered a further setback as these chinese ports overtook the port of Busan. But the port of Busan is located in the main trunk liking North America, Europe and South-East Asia. Once the project of Busan Newport is accomplished and the railway between South and North Korea is connected to TCR and TSR, the Port of Busan will have the most potential to become the international logistics center as the starting point of the land and sea routes encompassing all over the world.

  • PDF

A Study on the Economic Validity of TSR Connecting TKR (TKR과 연계한 TSR의 경제적 타당성에 관한 연구)

  • Choi, Kyoung-Hoon;Park, Gyei-Kark;Lee, Roman R.;Yoon, Dae-Gwun
    • Journal of the Korean Society of Marine Environment & Safety
    • /
    • v.18 no.4
    • /
    • pp.345-351
    • /
    • 2012
  • The major trade area of the South Korea is divided into Asia, America and Europe. Generally, marine transportation is the main method of mass cargo transportation, but unlike others, rail transportation is available in the Europe area. Also, as a result of China's growth, South Korea's position as northeast Asia logistics hub has weakened. That is the reason why we need to pay attention to rail transportation, an alternative competitive structure. In accordance with this background, this study focuses on analyzing economic feasibility comparing transportation routes to Europe using Trans-Korea Railway and Trans-Siberia Railway. Factors of analysis are transportation distance, period, cost and additional cost As the result, considering economic feasibility, TKR-TSR route(Route1) is the best transportation approach for six routes. Therefore, using TKR-TSR railway will be the best way to increase nation's competitiveness, in response to Russia government's far-east development strategy.

Jeju Free International City and Neoliberal Space of Exception (제주국제자유도시, 신자유주의 예외공간, 그리고 개발자치도)

  • Lee, Seung-Ook;Cho, Sung-Chan;Park, Bae-Gyoon
    • Journal of the Korean association of regional geographers
    • /
    • v.23 no.2
    • /
    • pp.269-287
    • /
    • 2017
  • While Jeju Free International City was promoted to overcome the economic crisis and build a new national competitiveness in the era of globalization, its development vision as 'the hub city of Northeast Asian economy in the $21^{st}$ century' has not been realized. This paper argues that Jeju Free International City to aim for the 'ideal free market model', 'neoliberal space of exception', and 'a new testing ground for neoliberal deregulation policies' has failed due to worsening of socioeconomic and environmental contradictions, growing conflicts in local community, and the logic of equity enforced by the central government. To support this claim, this article reviews the theoretical discussions of special economic zones, examines the shifts in the development visions of Jeju Free International City, and analyzes how Jeju has become a space of exception with the introduction of various exceptional policies and spatial mechanisms.

  • PDF

A Study on the Development plan of Logistics Competitiveness of Hunchun Region (훈춘지역 물류경쟁력 발전방안 연구)

  • Li, Chunyu;AHN, Woo-Chul
    • Journal of Korea Port Economic Association
    • /
    • v.35 no.3
    • /
    • pp.125-150
    • /
    • 2019
  • The Hunchun area is the only development and opening line in Jilin Province and the Changchun-Jilin-Tumen Developmental Plan area, and as a hub area for regional logistics, promoting the logistics competitiveness of the Hunchun area is an important factor in promoting economic development in the Northeast region. The purpose of this study is to derive the factors for activating logistics competitiveness in Hunchun area by applying SWOT analysis and to present them to policy-makers by drawing priority of factors for promoting logistics competitiveness in Hunchun area through AHP survey of Chinese and Korean logistics experts. According to the analysis, the weighting was high in order of opportunity factors and strength factors, and the priority was high in order of factors such as promotion and expansion of One Belt, One Road policies, active support through national policies, construction of international logistics center cities, construction of logistics centers, and supply of bulk cargo. Finally, from a comprehensive perspective, this study presented policy implications such as SO Strategy (Strength-Occupancy Strategy) and ST Strategy (Strength-War Strategy) focusing on the strengths of the Hunchun Region for the strategy of strengthening the logistics competitiveness of the Hunchun area.

An Exploratory Study on the Development Progress and the Strategies of the Major Ports and the Busan New Port (주요항만과 부산 신항의 개발현황과 운영전략에 대한 탐사적 연구)

  • Park, Chan-Hi;Kim, In-Kyung
    • Journal of Korea Port Economic Association
    • /
    • v.26 no.1
    • /
    • pp.234-258
    • /
    • 2010
  • This research attempts to explore the competitive advantage of the Busan New Port based on the comparative analysis against the major ports. The competitive environment of the global shipping business poses a variety of challenges for the port authorities. Pursuing the hub position in the Northeast Asia, Busan new port needs an in-depth competitive analysis against the major ports in Singapore and China. This research proposes the strategies to exploit the locational advantage of the port while upgrading the operational efficiency. The recent development of the information technology suggests a viable solution for the Busan port.

A Study on the Relationship between Transshipment and Import-Export Volume of Petrochemical Liquid Cargoes (석유화학 액체화물의 환적과 수출입 물동량 관계연구)

  • Shin, Chang-Hoon;Yang, Han-Na
    • Journal of Korea Port Economic Association
    • /
    • v.36 no.4
    • /
    • pp.1-16
    • /
    • 2020
  • Since Korea has excellent port infrastructure and competitive petrochemical complexes, there is plenty of potential for creating an oil hub in Northeast Asia. In particular, Ship-to-Ship (STS), which creates high added values, contributes greatly to the national economy. In this study, the liquid cargo volumes of chemical industrial products, refined petroleum products, and crude oil were analyzed at the national and regional (Busan, Ulsan, and Yeosu/Gwangyang) levels. Additionally, a Granger causality analysis was performed between imports, exports, and transshipments, in pairs. ADF, PP, and KPSS were analyzed for the unit root test. In addition, the VAR model and expanded VAR model suggested by Toda and Yamamoto were used for further analyses. Findings revealed a difference in Granger causality depending on the region or cargo type. These findings suggest that policies and incentive schemes for ports need to be differentiated according to the region and cargo types. In addition, the different patterns in the relationship between transshipments and import-export petrochemical cargoes should be considered.