• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2005.10a
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• pp.263-268
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• 2005

Nowadays, the vessel size is tending to be bigger and bigger, so port facilities are following this trend, which has been shown inthe competition of Hub-Port among the main ports such as Port of Busan and Port of Shanghai. But there are limited numbers of large container vessels and $70\%$ of the call ships at Busan port are middle and small sized ships which are less than 20,000ton. So we need to consider the handling facilities for these sized ships, but it has disregarded. In this paper, we estimate the optimum level of crane and labor according to vessel's size by container handling cost value reflecting size of vessel; size and number of crane and labor structure.

• Journal of Korea Trade
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• v.26 no.3
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• pp.23-44
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• 2022

Purpose - Recent issues such as vessel enlargement, strengthening of environmental regulations, and port smartization are expected to increase costs and intensify competition in the port industry. In the new normal era, when external growth has reached its limit, the efficient operation of ports is becoming indispensable for achieving sustainable growth. This study aims to identify the determinants of inefficiency by examining the cost structure and efficiency of container terminals in Korea and furthermore propose the political implications to derive the maximization of efficiency. Design/methodology - This study estimates the cost function of container terminal operators and identifies the efficiency of container terminals using stochastic cost frontier (SCF) in the first stage. In the second step, the SCF results are compared with the data envelopment analysis (DEA). Last, this paper proposes efficiency determinants on container terminal operation to establish appropriate strategies. Out of the 29 container terminal operators in South Korea, 13 operators participated in the survey. The translog cost function was estimated utilizing a total of 116 observations collected over the 2007-2017 period. Findings - Empirical analysis shows that economies of scale exist in Korea's container ports, which provides a rationale for the government's policy to establish the global terminal operator by integrating small terminal operators to enhance competitiveness. In addition, as a result of the determinants analysis, container throughput, weight of direct employment costs, and labour cost share have positive effects on improving cost efficiency, while inefficiency increases as the length of quay increases. More specifically, cost efficiency improves as the proportion of direct employment costs to outsourcing service costs increases. Originality/value - This study contributes to analyzing the inefficiency factors of container terminals through efficiency analysis with respect to a cost function. In addition, this study proposes the practical and political implications, such as establishing a long-term manpower pool, the application of the hybrid liner terminal system, and the construction of a statistical data system, to improve the cost inefficiency of terminal operators.

• Journal of Korean Port Research
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• v.6 no.1
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• pp.49-68
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• 1992

Recently changes in the technological environment of marine transportation and the increase of traffic volume have fostered a revolution in the design and operation of port and also playing a major role in the development of new types of port in Asian. These changes are dynamic and will continue to influence port physical distribution system. The port of Pusan has been hardly able to handle the traffic increases in recent years by expansion increased mechanization and other operational and institutional improvements but, further traffic increases bring about critical congestion and such congestion is an economic cost to the country in terms of cost of physical distribution. This paper treats the development of entirely new port of Pusan and related transportation system by considering the existing or expected need for improved port capacity and services. The western part of GADUK island is selected as the optimum port site through the detailed analysis of the physical requirement and careful consideration of regional development and since the lead time of the national development plan including the port project from initial planning to implementation is considered as long as 7 to 10 years the aggregated master plan for port development is made and implemented in the year of 2012.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• v.2
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• pp.173-177
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• 2006

From the viewpoint of coastal hydrodynamics, one of the most important effects of global warming is a sea-level rise in coastal areas. In the present study, impacts on port facilities against sea-level rise were investigated. The sea-level rise causes the increase of the water depth, and it generates variations on the wave height, buoyancy, tidal system and nearshore current system and so on. The increase of water depth gives rise to the decrease of crown height of the structure and it causes increase of wave overtopping quantity. It may flood the port zone and its facilities, and may decrease harbor tranquility. It also leads to difficulties on navigation, mooring and loading/unloading at the port. Increase in water depth also causes increase of wave height in surf zone. This high wave makes structures unstable and may cause them to collapse during storm. In addition, increase in buoyant force due to sea-level rise also makes the gravity type structures unstable. Consequently, theses variations due to sea-level rise will cause functional deterioration of port facilities. In order to protect port facilities from the functional deterioration, reinforcement plan is required such as raising the crown height and increase in block weight and so on. Hence proper estimation method for the protection cost is necessary in order to protect port facilities efficiently. Moreover response strategies and integrated coastal zone management plan is required to maintain the function of port facilities. A simple estimation of cost for breakwaters in Korea was performed in the present study.

• Journal of Navigation and Port Research
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• v.30 no.6 s.112
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• pp.465-470
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• 2006

Nowadays, vessel's size is tending to bigger, Therefore port facilities are developed according to this trend, which has been shown in the competition of Hub-Port among the main ports such as Port of Busan and Port of Shanghai. However there are the limited number of large containerships more specifically so 70% of the total ships calling at Busan Port are small and medium sized ships which are less than 20,000 ton As a result, it is necessary to consider the handling facilities of these ships which had been disregarded The big size of facilities increases handling cost bemuse of high investment so it is possible for small and medium sized ships to have disadvantages financially and avoid calling. In this paper, we estimate the propriety of utilization of crane and labor according to the size of vessels after analyzing time value cost, reflecting the size of vessels, size and number of crane and labor structure, and container handling cost value.

• Journal of Navigation and Port Research
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• v.35 no.7
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• pp.589-596
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• 2011

Terminal market has rapidly crashed and market rates have taken a sharp plunge. The substantial throughput decrease resulted from the world economic downturn has been a finishing blow to the terminal operators in Busan. Every terminal operator is taking cost saving as its first priority and accelerating structural reform and downsizing. Under the desperate situation, the need of effective cost analysis would be highly required to effectively control operation cost and to develop new services to satisfy the different needs of the customers. Furthermore, terminal operators could reduce unnecessary activities and concentrate their resource on the more cost-effective process through the operation cost analysis. In order to suggest a new framework of the cost control of container terminals, this paper seeks to analyze terminal costs based on ABC approach by processing actual data.

• Journal of Korea Port Economic Association
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• v.22 no.2
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• pp.61-82
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• 2006

In order to cope with improvement of labor cost and cargo volume, Korean ports, especially Busan port, are in need of many new facilities. Of course, current facilities should be fully used, and at the same time it needs to make every effort to maximize its productivity as well as cost saving. To this end, this study has decided to focus on automatic yard operation suitable to the domestic container terminal environments, making a survey of many advanced container terminals, trying to find out their common factors, and finally suggesting several alternatives based on the combination of these factors. Also, this study has suggested the present value of initial investment and operating cost by alternative, and at the same time presented the relationship between cargo handling volume and cost/revenue of the optimal alternative, so that it may be of help in decision making.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2014.10a
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• pp.7-8
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• 2014

One of the important factor for port selection is total handling charge(THC) of container terminal, and consequence of that the actual cost is vital for variation of THC. However, a great majority of the reported ABC applications have been limited to manufacturing and a little has been written on how the ABC approach can be used for logistics company especially for container terminal. This study proposes the applicable conceptual framework and cost management model based on Time-Driven Activity-Based Costing for container terminal.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2019.05a
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• pp.240-241
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• 2019

With slow sea trade volumes growth and increasing competition of ports, port industry is witnessing an increasing number of factors that have driven up the costs. Using financial data collected from Korea's container terminal operators, this study analyzed cost structural characteristics. The differences by terminal size, region and operating status of the terminal operators were examined and the suggestion were presented based on the result of the analysis.

• Journal of Korea Port Economic Association
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• v.30 no.3
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• pp.89-120
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• 2014

The purpose of the study is to suggest a new approach to the terminal operators in order for them to efficiently control their operation cost and support the strategic decision making system and build a performance evaluation process through the systematic cost analysis approach. This study implemented terminal cost analysis based on the traditional cost system, ABC and TDABC and compared the results of each approach. Throughout the study, the usefulness of TDABC was proved in finding operational problems and suggesting countermeasures for improving cost effectiveness and minimizing unused cost.