• Title/Summary/Keyword: Oil market structure

Search Result 34, Processing Time 0.03 seconds

An Analysis on the Operation Model of Islamic Insurance (이슬람보험 운영모델 분석)

  • CHOI, Mi-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.69
    • /
    • pp.453-472
    • /
    • 2016
  • As globalization is widely expanded in Islamic world as well as huge capital like oil-money is looking for new investment areas, our government should keep eyes on the current situation of Muslim market. This study will focus on the research of operation model of Islamic insurance. It will analysis on the institutional aspects of Islamic insurance(Takaful) system, which is a step further on the basis of these previous researches about Islamic finance. Takaful is conducted with various machanism such as Wakala, Mudarabah, Waqf. The mechanism can also be intermingled with one another to form other diverse contracts. However most of them are focused on basic conceptual elements of Islamic insurance system. As public interests in Islamic insurance are increasing these days, many Islam related literatures are issued accordingly. But most of them were focused on basic aspect of Islamic financial system or on the study of business management structure. The conceptual approach to evaluate the Islamic insurance market shall become the foundation of operation in conventional business law and regulation penetrate to the Islamic business environment. Therefore, the research of the operation model in Islamic insurance system as well as the search of trade engineering basis.

  • PDF

Structural Safety Evaluation for 75,000 TDW Chemical Tanker Applied Common Structural Rules (CSR을 적용한 75,000 TDW 화학제품 운반선의 구조 안전성 평가)

  • Sim, Ye-Eun;Haa, Chung-In;Nam Gung, Mun;Kim, Gi-Jae;Lee, Kyung-Seok;Kim, Man-Soo
    • Special Issue of the Society of Naval Architects of Korea
    • /
    • 2013.12a
    • /
    • pp.1-7
    • /
    • 2013
  • In past decades, a maximum standard vessel size for chemical tankers is not normally larger than 55,000 TDW due to the characteristic of chemical product shipment which is so variable but small quantity unlike single product carries such as crude oil tankers. These days, as demand of very large chemical tanker is rising due to the change of market trend of chemical product shipment, 75,000 TDW class chemical tanker has been developed. The newly developed vessel's structure has been designed based on CSR (Common Structural Rule) for double hull oil tankers (hereafter CSR) published by IACS (International Association of Classification Societies). However, due to the large difference from typical oil tankers, many items should be specially considered such as on deck transverse and corrugated bulkheads. In addition, two longitudinal bulkheads without upper stool have been constructed in order to maximise the number of cargo tanks and the volume of each cargo tanks. In this study, key word of the vessel has been briefly reviewed and the structural reliability of the proposed vessel has been investigated.

  • PDF

Management Research in Plant Construction;Introduction of research center (플랜트 프로젝트 관리체계 표준화 기술 개발;연구단 소개)

  • Lee, Young-Nam;Kim, Chan-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2006.11a
    • /
    • pp.213-220
    • /
    • 2006
  • Plant construction industry is a high value-adding industry because it is complex industry comprising engineering, procurements of equipments and construction. So, Revenue increase in overseas plant projects would boost up not only domestic construction industry but also growth of national economy. Recently, overseas plant-construction market is expanding dramatically. For instant, Middle-east countries are constantly increasing their orders for the construction of petro-chemical plants stimulated by sky-rocketing oil prices. The purpose of this research is to develop management techniques for plant projects such as work break-down structure, knowledge management system, logistics & procurement system, and risk assessment tools. We believe our research would contribute to the competion of Korean engineeing companies and contractors in overseas plant-construction market.

  • PDF

Chemicals with Menthol Cooling and Fresh Effect (멘솔처럼 시원하고 신선한 효과를 주는 화합물)

  • 제병권;김도연;이정일;백신;곽대근
    • Journal of the Korean Society of Tobacco Science
    • /
    • v.25 no.2
    • /
    • pp.160-166
    • /
    • 2003
  • The majority of ι-menthol is still obtained by freezing the oil of Mentha arvensis to crystallize the menthol present. This 'natural' menthol is then physically seperated by centrifuging the supernatant liquid away from the menthol crystal. But the price of natural ι-menthol has fluctuated widely so effort has been devoted to the production of ι-menthol by synthetic more readily available raw materials. In the 1970's, many researcher synthesised a new compounds with the menthol cooling effect. During this period many molecular structure designed and synthesised on concepts of correlation between structure and biological activity and the various types of molecule which give rise to cooling effect more than ι-menthol. Specially, N-alkyl-carboxamide group is substituted for the hydroxyl group in ι-menthol. Recently, the most active compounds synthesised is 4-methyl-3-(1-pyrrolidinyl)-2-[5H]-furanone. This compound is 35 times more powerful in the mouth and 512 times more powerful on the skin than ι-menthol. The cooling effect also lasts twice as long. While not yet commercially available, it is expected that these types of materials will be subjected to toxicological studies and will soon be sell on the market.

A Comparative Analysis on the Arrangement of Rules of the Origin of Steel Products in Korea's Major FTAs (우리나라 주요 FTA의 철강재 원산지 규정 협상에 대한 비교 분석)

  • Lee, Seoung-Taek
    • Korea Trade Review
    • /
    • v.44 no.5
    • /
    • pp.127-142
    • /
    • 2019
  • As Korea's steel industry exports 38 percent of its total steel production, the future management environment of the steel industry will change depending on the outcome of the FTA negotiations. The overall industrial structure of the domestic steel industry depends on the rules of origin, which are directly linked to the effect of concessionary tariffs. Therefore, negotiations on rules of origin are as important as tariff liberalization for Korea's steel industry. Korea's cold-rolled and plated companies are expected to be negatively affected as the country of origin standards of steel products have not considered the steel production processes in Korea. In future FTA talks, the country of origin rules should be agreed on a change of tariff classification basis. This result would secure a stable export market through increased predictability of steelmakers and reduce the risk of increased costs of oil and intangible products. In addition, the government should consider the structure of domestic supply and demand so that it does not impose constraints on the change of tariff classification. Finally, participants in the negotiations should consider the opinions of the domestic steel industry.

Impact of Market, Institution and Technology on the Location of FDI: The Case Study of Korean Samsung CDMA FDI in China (한국 대중국 해외직접투자에 대한 시장, 제도 및 기술의 입지효과 - 한국 삼성 CDMA 대중국 해외직접투자 사례연구 -)

  • Sung-Cheol Lee;Sung-Hoon Jung
    • Journal of the Korean Geographical Society
    • /
    • v.39 no.2
    • /
    • pp.241-255
    • /
    • 2004
  • The main aim of this article is to identify the fundamental reason for changes in the geography of Korean foreign direct investment (FDI) in China. More specifically, the article argues that changes in the industrial sectors and the location of FDI resulted from the transition of strategies for Korean FDI in China since the late 1990s is not based on ownership specific advantages, internalization advantages and locational advantages (OIL), but on changes in site where both the needs of Korea and China are articulated, i.e. the strategy for business integration, centering on market, institution and technology. In other words, changes in the location of Korean FDI in China have been the result of changes in the Chinese market structure, institutional changes in Chinese inward FDI incentives and regulations and the accumulation of Korean technology capability since 2000. In addition, by investigating production networks in China, this article attempts to identify the relationships between changes in Korean FDI location and changes in market, institution and technology. Therefore, the empirical evidence provided by the case study of CDMA (code division multiple access) mobile communications FDI since 2000 in China is used to identify the impact of market, institution and technology on the location of Korean FDI in China.

Experimental Study for Thermal Characteristics of Frozen Soil Samples (동토 시료의 열적 특성 분석을 위한 실험적 연구)

  • Sewon, Kim;Sangyeong, Park;Jongmuk, Won;YoungSeok, Kim
    • Journal of the Korean Geosynthetics Society
    • /
    • v.21 no.4
    • /
    • pp.31-40
    • /
    • 2022
  • Recently, the Arctic resource development project, where undeveloped energy resources (oil, natural gas, etc.) are deposited, is actively being promoted for the perspective of diversifying the construction market and developing future energy resources. However, the frozen ground always has problems such as sinking and frost-heaving due to extreme weather. Therefore, it is necessary to analyze the thermal characteristics of the frozen soil to secure the stability of the ground structure. In this study, a series of laboratory tests were performed to evaluated the thermal characteristics of frozen soil samples in the oil sand field in Alberta, Canada. In additon, it was compared with the results of domestic(Gangwond-do) sample performed under the same conditions. As a comparison results of the experiments, it was clarified that the different frozen water content and thermal conductivity characteristics by temperature after completion of freezing could affect the frozen soil behavior.

Edible Coating Effects on Storage life of ‘Niikata’ Pear (신고배의 저장성에 미치는 가식성 코팅제의 효과)

  • 양용준
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.3 no.3
    • /
    • pp.216-220
    • /
    • 2002
  • In this study, edible coatings for ‘Niikata’ pears have been applied in order to provide an alternative way to control and extend market quality and shelf life during cold storage. Fruit treated with edible coatings had better effects on maintaining some quality features such as fresh weight, firmness and SSC content than non-coated fruits. However, non-coated fruits in terms of overall quality were better evaluated than fruit with edible film. It may be caused by various factors such as film thickness effect oil emulsion on fruit skin, unknown reactions between the fruit skin and functional groups in the chitosan structure and so on.

  • PDF

A Study on the Method for Promoting Trade between Central Asian CIS Countries and the region Daegu-Gyeongbuk (중앙아시아CIS 국가를 활용한 대구·경북 무역의 활성화 방안 연구)

  • Ahn, Tae-Kun;Kim, Sung-Ryong
    • Korea Trade Review
    • /
    • v.41 no.4
    • /
    • pp.221-243
    • /
    • 2016
  • This study examined the trade of the Central Asian CIS countries and the Daegu-Gyeongbuk region. These countries are rich in resources such as oil, natural gas and aluminum. These countries were switched to capitalist market economy after independence from the Soviet Union. So, these countries are considered as new emerging markets. This study analyzed the current status of trade between Daegu-Gyeongbuk region and Central Asian CIS countries. The result of analysis of the trade structure between the Daegu-Gyeongbuk and Central Asian CIS countries, and of the Daegu-Gyeongbuk region exports to Central Asian CIS countries showed insufficience when compared with the total export of korea. In this study, we used the gravity model to analyze the trade volume of the Daegu-Gyeongbuk region and Central Asian CIS countries. The result of analysis is that the globalization of Central Asian CIS countries appeared to be effective in increasing trade. In order to increase trade, Korea and CIS countries should strengthen their economic cooperation. Especially, these countries should try to implement FTAs for economic integration. The Central Asian CIS countries have an industrial structure that relies on resource exports. So, they have a blueprint for diversification of industries through national long-term plans. The Daegu-Gyeongbuk region's economy has been going through long-term stagnation. If the Daegu-Gyeongbuk companies can enter the Central Asian CIS countries, it can be a solution for the local economy.

  • PDF

A Study on Information Breakdown through the Analysis of Industrial Engineering EPC Business Process (산업설비 EPC 업무 분석을 통한 정보 분류 내역에 관한 연구)

  • Cho, Hang-Min;Song, Young-Woong;Choi, Yoon-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2006.11a
    • /
    • pp.167-172
    • /
    • 2006
  • It follows recently in an order augmentation of overseas construction market plant field and the project of oil gas field is increasing. Consequently, the hazard which secures the competitive power of the overseas plant enterprise of the domestic building industry enterprises the technical competitiveness security which stands, productivity improvement and strategy management propulsion back positive disposal plan establishment are demanded. Even from in that oil gas field of overseas plant enterprise for an industrial competitive power improvement the application of EPC circulation information which relates with a project accomplishment is more demanded, the EPC phased star efficiently it manages the circulation information contents which occurs from the business which is various it is not presented it cannot there is a contents classification system for. If with him about lower the draft the problem point of information omission back of occurrence and business subject for of the fringe land and duplication business occurs, about lower the productivity decrease actual condition is appearing with such problem point. The research which it sees consequently in order to improve the use characteristic of the augmentation of practical application of the contents management system of oil gas field and building industry information civil official establishhes the contents management system the BPM for (Business Process Management) to present the contents classification system of base, it does to sleep. The part of Business Process materiality the knowledge which is demanded, contents information and system anger it analyzes system anger of industrial equipment circulation information it takes a triangular position and to sleep it does.

  • PDF