• Title/Summary/Keyword: Port Demand Function

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A Study on the Planning and Operation Status of Cruise Terminal in Jeju (제주지역 크루즈터미널 계획 및 운영 실태에 관한 연구)

  • Park, Chung-Keun
    • Journal of the Korean Institute of Rural Architecture
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    • v.20 no.1
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    • pp.85-92
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    • 2018
  • Although Jeju is the best cruise Secondary port in Northeast Asia, currently there are no dedicated cruise terminals. The port international passenger terminal opened in 2015 has a ferry terminal for offshore passengers and a cruise passenger function. Jeju Island is therefore constructing a cruise only terminal with the aim of opening in 2018 to meet the growing passenger demand at the Seoguipo civilian and public ports along with construction of a naval base at Gangjeong Port in Seogwipo City. It also plans to build cruise docks and cruise terminals in the Jeju New Port according to the Jeju port construction basic plan. However, during the construction and planning process of cruise terminals in Jeju, the adequacy of the terminal size is being debated and the immigration facilities are being operated. Therefore, the study analyzed the size of terminals and operation of immigration facilities appropriate for cruise passenger demand by investigating the status of cruise related facilities and operation in Jeju area. Based on this, the Commission hopes to explore the rational direction of the cruise terminal plan to revive the cruise industry in Jeju and provide high quality service to cruise passengers.

Did the Handling Fee Decline Cause Consumer Surplus in the Port Business Market in Korea? : The Case of Busan port (컨테이너 하역요율 하락은 소비자잉여를 증가시켰는가? : 부산항을 중심으로)

  • Choi, Gun-Woo;Kim, Chan-Ho;Kim, Young-Kyu
    • Journal of Korea Port Economic Association
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    • v.32 no.3
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    • pp.109-122
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    • 2016
  • As increasing of container throughputs, port business market in Korea has been developed. However, due to the introducing of a handling fee reporting system in 1999 and surplus of facilities, port business market in Korea turned into deadly competition with lowering the handling fee. Due to the reasons, the handling fee in 2015 declined as much as 50% of in 2000. Therefore, this study analyzed whether the handling fee decline caused consumer surplus in the port business market of Korea or not. To do that, this study applied a methodology of Alexander for estimating the consumer surplus and Hausman's model using Hicksian demand. As the result of the analyzing, due to the excessive decreasing of the handling fee compared the import & export demand, consumer surplus of the port business market in Korea was decreased. However, due to the exception of transshipment from demand in this study, transshipment demand is needed to be considered to estimate of economic value of port business market in Korea in the future. Also, economic value of port business including subsidiary businesses will be estimated in order to strengthen the method for estimating economic benefit of port construction.

Studies on the Composition of Water-Friendly Space in Port and Harbour Development (어항 및 항만개발의 친수공간 조성에 관한 연구)

  • Joo, Yong-Jun;Maeng, Jun-Ho;Cho, Kwangwoo
    • Journal of Environmental Impact Assessment
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    • v.16 no.2
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    • pp.177-186
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    • 2007
  • The composition of water-friendly space in the port and harbour developments provides the accessibility to the sea and thus resting & recreational function of the local citizen, which should be treated importantly for the eco-friendly coastal development. However, the high demand on water-friendly space can induce another environmental problem because most port and harbour developments require marine reclamation and the water-friendly space are made up on the reclamation area. The present study analysed the problems and suggested matters to be considered in composing the water-friendly space of port and harbour developments. The study also established the management direction by site characteristics of port and harbour. In addition, we attempt to find a plan to avoid the water-friendly space composition with environmental damage and to secure the environmental and public soundness in site selection, land use and facilities plan based on case studies.

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
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    • v.46 no.5
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    • pp.449-457
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    • 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 Optimized Size of a Mobile Harbor for South Korea Coastal Service

  • Heo, Sung-Kuk;Park, Nam-Kyu
    • Journal of Navigation and Port Research
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    • v.35 no.2
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    • pp.159-165
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    • 2011
  • The aim of paper is to calculate the optimized size of Mobile Harbor(MH) which would be operated in South Korea coast area. MH is the combined entity which has the function of both ship and container port. In estimating the optimized size, the total cost concept is applied to the different size of MH. Trade-off factors for calculating total cost are MH cost and the over-capacity lost cost. The factors for MH cost estimation are the cargo demand, distance from origin to destination, voyage route and MH's fixed and variable cost in both sailing and port. The other cost is the over-capacity lost cost which is occurred from dead space in case of oversize compared with a voyage demand. The alternatives for the least cost are 250TEU, 500TEU, 750TEU and 1,000TEU sized vessel. The result of research is that 250TEU sized vessel is optimized in a South Korea costal service. If the coastal area be separated in terms of voyage distance or the specific area in considering trade, the optimized size is changed depending upon distance.

Perceptions of the Relationship between Port Security Level, Resilience, Cargo Operational Performance, and Sustainability Performance among Korean Port Operators and Shipping Companies

  • Chan-Ho Kim;Sang-Gyun Choi;Sung-Ki Kim
    • Journal of Korea Trade
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    • v.27 no.3
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    • pp.65-86
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    • 2023
  • Purpose - As globalization progresses, complexity also increases, and various factors that threaten port functions are emerging. Accordingly, the demand for port security to prevent the crisis and resilience that quickly recovers its original function after the crisis is also increasing in port operations. However, few studies have examined how to ensure the port security and how the resilience affects operation performance of port and sustainability performance as well. So the study aims to find out how port security affects port resilience and port operational performance, and consequently, this two factors affect socioeconomic and environmental sustainability performance respectively and synthetically. Design/methodology - Confirmatory Factor Analysis (CFA) was first performed to determine the validity of the factors of model and hypothesis test was performed using Structural Equation Model (SEM) to analyze the Port Performance Model, which show the perception logic among port security level, port resilience, operation performance, and sustainability performance. In order to empirically analyze this model, total 264 respondents from port security operators, shipping companies in South Korea were surveyed. Findings - As result of SEM, First, port security level positively affected the resilience (H1) and cargo operational performance (H2) but not in both of the sustainability performances (H3, H4). Second, resilience positively affected only cargo operational performance (H5) and socio-economic sustainability performance (H7). Last, cargo operation performance positively affects the both of sustainability performances (H8, H9). Originality/value - It was confirmed that port security could improve cargo operational performance through ensuring port resilience and eventually increase the socio-economic sustainability. Therefore the study implies that careful integration and management of port security, port resilience, and sustainability are required, along with compromise on sustainable development goals in the social, economic, and environmental area among all stakeholders.

Performance Analysis of Demand Assigned Technique for the Multimedia Services via OBP Satellite (OBP(On-Board Processing) 위성의 멀티미디어 서비스를 위한 요구할당 방식의 성능 분석)

  • 김덕년
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.29 no.8B
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    • pp.730-738
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    • 2004
  • In this paper, System performance parameters such as throughput, blocking probability and delay have been analyzed and expressed as a function of demanding traffic and service termination, probability, and we centers our discussion at particular downlink port of satellite switch which is capable of switching the individual spot beam and processing the information signals in the packet satellite communications with demand assigned multiple access technique. Delay versus throughput as a function of traffic parameters with several service termination probability can be derived via mathematical formulation and the relative differences of transmission delay is also compared.

An Analysis of Price Competition between Two Ports using Game Model (게임모형을 이용한 두 항만간 가격경쟁에 관한 연구)

  • Kim, Tae-Gi;Park, Gyei-Kark
    • Journal of Korea Port Economic Association
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    • v.25 no.3
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    • pp.251-268
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    • 2009
  • This study analyzes price competition between two ports theoretically using a game model. We considered two cases: in Case I, consignors are located in a given position, and in Case II, consignors are distributed uniformally between two ports. The results are as follows. In Case I, the higher consignors' preferences for quality are, the more two ports' prices increase. As the locations of consignors are closer to Port H, the price of Port H increases and that of the low quality port(Port L) decreases. In addition, when transportation cost increases, the price of Port L decreases and the price of Port H tends to increase. If the quality of Port H improves, the price of the port H increases but the price of Port L is not clearly determined. In Case II, the higher consignors' preferences for quality are, the more two ports' prices increase. As transportation cost increases, the prices of both ports decrease but the price of Port L decreases twice as fast as that of Port H. In addition, if the quality of Port H improves, the price of Port H increases but the price of Port L decreases when transportation cost is high.

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A Study on the Determinants of Demand & Charges for Coastal Passengers (연안여객 수요와 운임 결정요인 분석)

  • Jang, Chul-Ho;Lee, Chong-Woo
    • Journal of Korea Port Economic Association
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    • v.40 no.1
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    • pp.119-131
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    • 2024
  • This study examines the interrelationship between coastal passenger demand and fares for 101 coastal passenger routes in Korea during the 2018 to 2022 period. The two-stage least squares method through a panel data simultaneous equations model was estimated to the effects of individual route characteristics and regional characteristics on the performance and fares of coastal passenger transportation. The estimated results indicate that the endogenous variable, fare, and the exogenous variables, route characteristics, route distance, and the instrumental variable, frequency, affect the demand for coastal passengers. In the short-run pricing function, the exogenous variables, capacity, speed, and route distance, as well as the endogenous variable, coastal passenger transportation performance, affect the coastal passenger fare. This study is expected to provide useful implications for domestic coastal passenger demand and pricing in relation to coastal passengers.

Initial Ship Allocation for the Fleet Systematization (선단구성을 위한 초기배선)

  • 이철영;최종화
    • Journal of the Korean Institute of Navigation
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    • v.8 no.1
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    • pp.1-16
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    • 1984
  • The economical property of a shipping enterprise, as well as other transportation industries, is determined by the difference between the freight earned and expense paid. This study can be regarded as a division of optimizing ship allocation to routes under the integrated port transport system. Fleet planning and scheduling require complicated allocations of cargoes to ships and ships to routes in order to optimize the given criterion function for a given forecast period. This paper deals with the optimum ship allocation problem minimizing the operating cost of ships in a shipping company. Optimum fleet operating for a shipping enterprise is very important, since the marine transportation is a form of large quantity transport requiring long-term period, and there is a strong possibility to bring about large amount of loss in operation resulting from a faulty ship allocation. Where there are more than one loading and discharging ports, and a variety of ship's ability in speed, capacity, operating cost etc., and when the amount of commodities to be transported between the ports has been determined, then the ship's schedule minimizing the operating cost while satisfying the transport demand within the predetermined period will be made up. First of all a formula of ship allocation problems will be established and then will be constructed to solve an example by the Integer Programming application after consideration of the ship's ability, supply and demand of commodity, amount of commodity to be transported, operating costs of each ship etc. This study will give good information on deciding intention for a ship oprator or owner to meet the computerization current with shiping management.

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