• Journal of Korea Port Economic Association
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• v.32 no.4
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• pp.57-71
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• 2016

The development of ocean industries is an existing and important problem for South Korea, which is mostly surrounded by sea and has a long coastline along three seas. It is necessary for researchers to make efforts to enhance its cost and time competitiveness, because many ocean-based activities have been carried out in harsh physical conditions when compared with land-based ones. One of these efforts to improve efficiency is to operate an Offshore Supply Base (OSB), which is a basic infrastructure required to develop ocean industries effectively. For this reason, the construction and operation of OSBs have become an issue in Korea. The relevant research is limited. Nevertheless, there are a few reports published by Korean research institution. They focus on promoting ocean industries and only mention the necessity of OSB as a promotion tool for the industries. This study on the other hand, addresses various issues on the construction of OSBs in Korea and suggests implications for them. To examine the conditions on the construction of OSBs in Korea, we conduct case studies of Houston and Singapore, the representative regions where a massive OSB has been constructed and operated. In addition, we use Analytic Hierarchy Process (AHP) to evaluate the relative priorities of the services provided by OSBs if constructed in Korea.

• Journal of Navigation and Port Research
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• v.41 no.4
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• pp.195-206
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• 2017

In situ capping technology for marine sediment pollution control has never been applied in South Korea. In this study a pilot project for the capping was carried out in Busan N Harbor. Pipeline and clamshell capping technologies were implemented for the pollution control. Changes of capping shapes, sediment contamination, and the time and costs required for the two constructions were compared. Both the pipeline and clamshell technologies were found to satisfy the target thickness of 50 cm on average. However, the pipeline method did not operate sensitively in terms of change of the sea floor topography, resulting in an uneven shape and a thickness. Organic carbon and ignition loss quite decreased after the pipeline or the clamshell capping while pH showed no significant change. Organic and residual fraction of Cd, Ni, and Zn in the sediments appeared to decrease after all cappings. The pipeline method took a construction time four times as much as the clamshell method. The clamshell method was demonstrated to reduce the construction cost by about 40% compared with the pipeline method. However, a monitoring for all the parameters needs to be conducted at least two years in order to better evaluate an efficiency of the pollution control by these capping constructions.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2015.10a
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• pp.279-282
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• 2015

Fisheries development of the basic law pursuant to article 15 (marine safety management, etc.) one of maritime safety and maritime traffic facilities nationwide network of DGPS in accordance with the building maximize infrastructure utilization and country. Source technology has been improving steadily raised for the benefit daegukmin. In particular, look at the type of product for the marine supply medium-wave receiver Performance products that satisfy most of the IMO Advisory. The antenna and receiver are separate structural supply for some integrated model with a very high Rather it is used as a portable receivers for marine positioning cheap integrated model development is needed. Correction of satellite navigation receivers for the current Marine GPS module, medium-wave modules can be developed one low cost Integrated in independent operating environments do not support the model development done look at what the problem is 285kHz ~ 315kHz in DGPS Beacon receiver structure using a medium wave or Beacon The medium-wave antenna and a GPS receiver signal to noise ratio was studied GPS signal attenuation on the DGPS performance looked at each GPS manufacturer medium-wave signal-to-noise ratio and normalized impact by GPS manufacturers noise power ratio per bandwidth for medium-wave GPS signals affect it was implemented to improve performance.

• Journal of Korea Port Economic Association
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• v.27 no.2
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• pp.297-311
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• 2011

This paper deals with a strategic investment decision model for improving investment profit in shipping industry. Despite the quantitative expansion of Korean shipping business, many shipping firms have suffered financial difficulties due to financial and operating risks that result from the characteristics of capital-intensive business as well as of volatility of shipping markets. As a result, managers in charge of making an investment decision, particularly in tramper business sector, are required to take both financial and operating risk factors into consideration. Put it differently, managers are strongly recommended to avoid these risks by ship asset play; buy-low and sell-high, which results in considerable capital gain and cost reduction. In addition, managers in shipping industry are also recommended to consider the ship chartering investment alternative when the freight markets show extreme volatility as the case of 2008 triggered by sub-prime mortgage financial crisis in USA. For example, the BDI suffered plunging down from 1000 in 2008 to 100 in 2010. Consequently, the 4th largest shipping company in Korea, DAEHAN Shipping Co., has collapsed primarily due to excessive tonnage expansion during the peak time of bulk market. In sum, the strategic investment decision model, suggested in this paper, is designed to include such factors as capital gain by asset play, timely chartering for alternative shipping service, and optimization of operating profit by tonnage adjustment in accordance with change in the shipping markets concerned.

• Journal of Digital Convergence
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• v.15 no.7
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• pp.97-109
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• 2017

Domestic vehicle penetration rate is growing at 3% per year, but consumers are increasingly buying used cars due to steady price hikes Nevertheless, the used car export market is expected to decline due to import regulations of major countries and the low grade environment of Used car export complex. Therefore, this study using Fuzzy-AHP was aimed to find operational factors of Used car logistics complex and establish a practical management plan of Used car logistic complex in incheon port. Fuzzy-AHP is the method that can be calculated weight of multi-level criteria and change linguistic ambiguity of human to Fuzzy Number. So it's able to propose the realistic decision making alternatives. As a result of the literacture reviews, present study focused on the analysis of the present situation of the logistics of the used car and the activation of the complex, suggested the activation plan and activation of the logistics complex. In the analysis of operational factors, logistic complex cost factors were found to be the most important factors by recording the weighted value of 0.306 in the above factors. The detailed factors were as follows: rent, accessibility, and logistics site size. It is necessary to compute competitive rent for the highly-advanced used car logistics complex, and to realize the rental support policy and to consider designating the free trade zone. In addition, it is necessary to expand the access infrastructure and secure the scale of the company for overseas buyers, and it is necessary to improve the overall government laws and introduce IT system for the future.

• Journal of Korea Port Economic Association
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• v.32 no.2
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• pp.123-135
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• 2016

This study uses Data Envelopment Analysis(DEA) to investigate the management efficiency of Korean shipping companies based on business administration costs such as corporate entertainment, advertisement, and labor costs. We analyze shipping enterprises listed on the Korean stock market of the period of 2010-2014. Corporate entertainment, advertisement and labor costs are used as input variables and sales and net income are used as output variables. We use technical efficiency, pure technical efficiency, scale efficiency and returns to scale to propose a plan to improve the efficiency of inefficiency decision-making units (DMUs). The results of the efficiency analysis show that six of the DMUs in the technical efficiency of CCR model and eight of the DMUs in the pure technical efficiency of BCC model are in efficient state. In terms of return to scale, six of the DMUs(24% of all DMUs) show increasing returns to scale, while 13 DMUs(52% of all DMUs) showdecreasing returns to scale. Because multiple efficient state for DMUs exist in the technical efficiency analysis, we conduct a super efficiency analysis. The results show that the efficient state of the twomost efficient DMUs are 1.314 and 1.243, respectively. This implies that these DMUs could maintain their current levels of the efficiency if they increase the amount spent on advertisements, corporate entertainment and labor costs by 31.4% and 24.3%. respectively. We conclude this study by providing the efficiency states of each DMU and target for improving the inefficiencies in each case.

• Journal of Korea Port Economic Association
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• v.28 no.3
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• pp.45-72
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• 2012

This work uses data associated with business activity and outcome on the five main SOGO-SHOSYA and considers meaning of its outcome and logistics function in energy business field in recent 10 years. The contents of this work embody three chapters, which are an investigation on advanced research, an analysis of SOGO-SHOSYA business outcome, logistics function in its energy business field, Research method are used by statistical analysis and organizational structure analysis as well as case study. We will search for the reason that the energy business has worked well lately. There are actively securing interests of energy exploitation and longer-term investment to affiliated companies, building supply chain system with internal and external businesses. Especially, we will account for the logistics role of SOGO-SHOSYA that has newly understood the international logistics function in energy business field. SOGO-SHOSYA has coordinated organizationally from upstream to downstream in energy business, is showing its abilities in midstream related features that involve investor, organizer and analyst. SOGO-SHOSYA's building up logistics function will help supply chain in energy business for rising the competitiveness of price and quality, and support cost-reducing in activities of supply chain.

• Journal of Navigation and Port Research
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• v.29 no.5 s.101
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• pp.403-408
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• 2005

The techniques of estimating angle of arrival(AOA) have played a key role for enhancement of wireless communications using array antennas. Among those techniques, the superresolution algorithms, such as MUSIC and ESPRIT, calculate the covariance matrix of the array output vectors which are observed at the array antennas, and then by using eigen-decomposition of the covariance matrix, they estimate AOAs of the received signals with high accuracy. However, superresolution algorithms based eigenvalue decomposition fails to estimate AOAs under multipath environments. Under multipath environments, it is difficult to estimate AOAs of the received signals due to coherency and high-correlation. To resolve coherent signals, the covariance matrix is calculated by using the conventional spatial smoothing technique, and then the techniques based on eigen-descomposition is applied. The result of the conventional spatial smoothing technique, however, is obtained at the cost of losing effective spatial aperture. Moreover, the conventional technique ignores any information in the cross-correlations of the array outputs the subarrays. As the result, the performance for AOA estimation is degraded. In this paper, we propose a new spatial smoothing technique, which consider the cross-correlation for subarrays. By computer simulation, the AOA estimation performance of the proposed method is compared with the conventional method and evaluated.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• v.1
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• pp.133-138
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• 2006

Electronic Navigational Charts(ENCs) are official nautical charts which are equivalent to paper charts with supplementary information. Although their main purpose is to be used for the safe navigation of ships, they also contain much information on coasts and seas which may be interesting to ordinary people. However, there is no easy way to access them because of therir specialized data format, access method and visualization. This paper proposes on implementation of SVG for the access and services of ENCs. SVG(Scalable Vector Graphic) makes it possible to make use of Vector graphics for servicing maps in basic internet browsing environment. Implement of SVG for ENC applications by this research is free of special server side GIS mapping system and client side extra technology. The implementation of SVG for ENC Applications can be summarized as follows: Firstly, SVG provides spatial information to possess searching engine to embody SVG map. Secondly, SVG can provide high-quality vector map graphics and interactive facility without special Internet GIS system. It makes it possible to use services with very low cost. Thirdly, SVG information service targeting on maritime transportation can be used as template, so it can be used dynamically any other purpose such as traffic management and vessel monitoring. Many good characteristics of SVG in mapping at computer screen and reusability of SVG document provide new era of visualization of marine geographic information.

• Journal of Navigation and Port Research
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• v.35 no.5
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• pp.415-421
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• 2011

The purposes of this study were to identify the economic impacts of hosting a marine leisure event and thus provide fundamental information that helps maximize the economic value of the event. In order to accomplish such purposes, this study employed both an economic impact analysis(EIA) using regional input output model and a benefit and cost ratio analysis(BCR). In specific, this study utilized a survey method with a total of 300 event visitors and 70 foreign players and thus collected expenditure data from 110 valid out of town visitors and 58 foreign players. In addition, investment expenditure data were collected from the host city official. Accordingly, EIA and BCR indicated following findings. First, the total direct impact from both visitors and players was 387 million Won and this direct impact resulted in output multiplier effect(OME) of 591 million Won, value added multiplier effect(VAME) of 306 million Won and income multiplier effect(IME) of 252 million Won. Second, the host city's investment expenditure created OME, VAME and IME of 825, 432 and 366 million Won, respectively. In conclusion, these findings suggest that in order to effectively boost potential economic benefits, more marketing efforts development policies should be implemented for increasing the number of out of town visitors and the amount of spendings from them.