• Title/Summary/Keyword: Port Authorities

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Private Finance under the Port Authority System in Korea (항만공사체제하의 민간자본 활용방식)

  • Ock, Dong-Suk;Jung, Young-Seo;Shin, Jae-Kwang
    • Journal of Korea Port Economic Association
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    • v.23 no.1
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    • pp.19-39
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    • 2007
  • Korean port developments have been mostly made by the central government. With the introduction of the Port Authority system, however, roles and function assignments of the central government in port development have been in change and the Port Authority has to find a solution for inducement of private investment in port development. This paper has examined the current legal system of port developments and then sought the way for inducement of private capital to improve specialty and efficiency of harbor facilities management and development under Port Authority. As the Ministry of Maritime Affairs and fisheries(MMAF) has two types of legal system for inducement of private investment on port developments, the Port Authorities can also have two types of private finance. Private finances by the Port Authorities has some more critical advantages than the one by the central government. It is also required to change the the administrative permissions and concession agreements which MMAF conveyed to private participants in port developments into the concession agreements between Port Authorities and private participants.

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Analysis on the Relation Between Port Competition Players and Port Selection Factors (항만경쟁 주체와 항만선택 결정요인간 관련성 분석)

  • Kim Tae-Won;Kim Yul-Seong;Kwak Kyu-Seok;Nam Ki-Chan
    • Journal of Navigation and Port Research
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    • v.30 no.3 s.109
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    • pp.219-226
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    • 2006
  • To correspond actively to international economy, shipping and port environment change, world main ports have converged in competitiveness raising. However, existing researches have been intensively analyzed port competitiveness on among ports. So, this study analyzes the relations between the main factors of port selection and port competition players: central government, port authority, terminal operators, shipping companies, etc. This paper has a purpose that each port competition player makes a competitive strategy in accordance with this study. First, this study reviewed shipping and port market's environment change and port selection decision factors to correspond to these environment changes and on the basis of this review analyzed relativity between component port competition players and port competition factors. However, port authorities and terminal operators appeared high relevance about in side of expense, service, facilities etc. Because port authorities offered incentive to pull many shipping companies to their ports and terminal operators managed port authorities' ports. But we could deduce high relevance according to other market players' properties without port authorities and terminal operators. Port marketing strategy establishment among port competition players is available on the basis of these factors.

The study about the method for supervising sea contamination in Korean EEZ (한국 EEZ내 해양오염방지 방안에 관한 연구)

  • 양성모;진종관
    • Journal of Korea Port Economic Association
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    • v.19 no.1
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    • pp.113-138
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    • 2003
  • With it being inevitable to change the method of supervising as it is reorganized to EEZ coming out of the old concept of contamination in Korean area of the sea, it costs a lot to have good enough systems of total control for sea contamination and prevention of contamination as well as the effective marine superintendence because the governing bodies such as Ministry of Maritime Affairs and Fisheries, National Maritime Police Agency, and Authorities of Guiding Ships for Fishery, have their own source of laws and different ways to execute. In order to change such a wrong method of marine superintendence, it is necessary to conduct the merger and abolition of similar authorities with similar functions into authorities which are light but can be expected to play a major role, and to open the high-costing low-efficient organizations to make them remodel to be reborn as economical bodies. In addition to that, the maritime authorities, which are falling to incapable organizations not being able to work out any complicated tasks, have to be reborn as preventing bodies which take care of security and public peace and cut off a pollution source from sea and land.

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Study on the Relationship and Validity of the Management Evaluation Factors in Public Firms With a Focus on the Port Authorities

  • Lee, Sung-Yhun;Ahn, Ki-Myung
    • Journal of Navigation and Port Research
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    • v.43 no.6
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    • pp.450-461
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    • 2019
  • According to the results of the management evaluation of the nation's public firms over the past seven years, the rating of the port corporation is generally insufficient. According to the results of the seven-year study 2011-2017, the average debt ratio of the port corporation was 34.5%, two to three times lower than that of the general public company, the operating profit ratio of sales was three times higher, and the value added per person was 1.6-1.9 times better. However, the aggregate score and grade were generally low, with 4.1% of the total number of employees of the general public corporation, 10% of the average total assets, and 1% of the average sales volume. The distributed analysis results and panel return analysis results show that the size significantly impacts the overall score and grade. Additionally, major business standards such as port volume, not controlled by the port corporation, appear to have a decisive influence on the low grade of the port corporation. Thus, it appears that improvement and supplementation of key business indicators of port construction are urgently needed in the management evaluation system, which can be properly controlled.

Who are the Beneficiaries and Stakeholders of Blockchain Commercialization in the Shipping Industry?

  • Nga, Pham Thi Hang;Park, Young Il;Park, Sung Hoon;Yeo, Gi Tae
    • Journal of Navigation and Port Research
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    • v.44 no.2
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    • pp.79-87
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    • 2020
  • In the field of logistics, the maritime shipping industry plays a critical role as the backbone of global trade activities. Nevertheless, previous studies on the commercialization and benefits of blockchain technology are limited in the field of marine logistics. Thus, the purpose of this study was to predict the benefit for each group involved in marine logistics when blockchain technology is applied. As such, 21 factors of benefits were selected for seven major logistics groups (financial institutions, freight forwarders, inland transportation, ocean carriers, port operators, port-related government authorities, and shippers) to study the benefit expected for each through the commercialization of blockchain technology. Based on the results, a different benefit level is expected for each group when blockchain technology is used. In order, ocean carriers (0.155), inland transportation (0.150), financial institutions (0.153), port operators (0.145), freight forwarders (0.142), port-related government authorities (0.129), and shippers (0.126) were found to benefit most from the use of blockchain technology. This study has industrial implications in that it presents the benefits expected when blockchain technology is realized and used in marine logistics by groups involved in logistics transactions.

A Comparative Analysis for the Awareness of the Integration of Korea's Port Authorities (우리나라 항만공사 조직구성원들의 통합의도에 관한 비교연구)

  • Ha, Myungshin
    • Journal of Korea Port Economic Association
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    • v.28 no.3
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    • pp.1-25
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    • 2012
  • In order to solve the current problems and inefficiencies within the Port Authorities (PA) in Korea, this study introduces the concept of the integration of PA and analyses the awareness of intention of integration. This study is based on analysing the surveys conducted by the members of PA. This research shows that there were different perceptions on the autonomy, business strategy intension, information sharing efficiency, competition, environment and technique change, capital finance, easy finance risk, curtailment of expenditure, personnel management efficiency in PA. Results of the study indicate that YGPA has more clear understanding on the awareness of integration of PA than other PAs. The results of this research will serve as a basic literature for further studies on the integration of PA in Korea. Moreover, the problems that have been identified and analysed in this study will contribute to establishing the strategy for further development of PA in Korea.

A Conceptual Framework of Port Cooperation

  • Ryoo, Dong-Keun
    • Journal of Navigation and Port Research
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    • v.35 no.7
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    • pp.581-588
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    • 2011
  • Globalization of production, changing technology in ocean shipping sector, shifting bargaining power from port service provider to port users, changing distribution patterns of the containerization and new implementation for the environment and safety concerns introduced new ways of administration in port sector. In these days, port industries cannot survive alone. Port operation and management has to be proactive to cooperate and integrate with other port operators or other industries. In the 21st century, cooperation in maritime sector is more common than that in the past with several different reasons in a mixture of forms of cooperation. Cooperation among port authorities, port operators, shipping line, inland transport service providers and/or related organizations themselves becomes to exist to overcome the challenges and development of the global transport chain. This paper investigates the concept of port cooperation and the case analysis of the cooperation in the port industry.

A Study on the Marketing-oriented Management of Pusan Port (부산항의 마케팅 지향 항만경영에 관한 연구)

  • Kwak, K.S.;Ryang, J.K.
    • Journal of Korean Port Research
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    • v.6 no.1
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    • pp.37-48
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    • 1992
  • This paper deals with the problem of port administration and management of the port of Pusan. As the port of Pusan has been administrated by central government, several problems on port administration and management have occurred. These include the time-lagged port development, the inconsistent port planning with city planning, the insufficient long-term port development planning the various operation authorities the low productivity of port and the lack of port sales activities etc. In addition to solving the above mentioned problems to diversify the function of port the following measures are to be taken for the port of Pusan ; the transfer from port administration system to port management system, the introduction of Port Authority with a board, and the conversion of the management system from production-oriented to marketing-oriented.

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e-Navigation Committee - A new Paradigm

  • Guk, Seung-Gi
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2007.12a
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    • pp.354-356
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    • 2007
  • IALA의 e-Navigation Committee에서 논의 되고 있는 국제적인 동향 및 움직임에 대하여 기술한다. 특히 e-Navigation에 대한 개념, 비전 등을 알아보고 향후 전망에 대하여 논의한다.

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