• Title/Summary/Keyword: Port management

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The Economic Cycle and Contributing Factors to the Operating Profit Ratio of Korean Liner Shipping (경기순환과 우리나라 정기선 해운의 영업이익률 변동 요인)

  • Mok, Ick-soo;Ryoo, Dong-keun
    • Journal of Navigation and Port Research
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    • v.46 no.4
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    • pp.375-384
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    • 2022
  • The shipping industry is cyclically impacted by complex variables such as various economic indicators, social events, and supply and demand. The purpose of this study was to analyze the operating profit of 13 Korean liner companies over 30 years, including the financial crisis of the late 1990s, the global financial crisis of the late 2000s, and the COVID-19 global pandemic. This study was conducted to also identify factors that impacted the profit ratio of Korea's liner shipping companies according to economic conditions. It was divided into ocean-going and short-sea shipping, reflecting the characteristics of liner shipping companies, and was analyzed by hierarchical multiple regression analysis. The time series data are based on the Korean International Financial Reporting Standards (K-IFRS) and comprise seaborne trade volume, fleet evolution, and macroeconomic indicators. The outliers representing the economic downturn due to social events were separately analyzed. As a result of the analysis, the China Container Freight Index (CCFI) positively impacted ocean-going as well as short-sea liner shipping companies. However, the Korean container shipping volume only impacted ocean-going liners positively. Additionally, world and Korea's GDP, world seaborne trade volume, and fuel price are factored in the operating profit of short sea liner shipping. Also, the GDP growth rate of China, exchange rate, and interest rate did not significantly impact both groups. Notably, the operating profitability of Korea's liner shipping shows an exceptionally high rate during the recessions of 1998 and 2020. It is paradoxical, and not correlated with the classical economic indicators. Unlike other studies, this paper focused on the operating profit before financial expenses, considering the complexity as well as difficulty in forecasting the shipping cycle, and rendered conclusions using relatively long-term empirical analysis, including three economic shocks.

An Analytical Study on Rational use of Undersea Space (해저공간의 합리적 활용을 위한 분석적 연구)

  • Won-Jo Jung;Nam-Ki Park
    • Journal of Navigation and Port Research
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    • v.47 no.3
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    • pp.147-154
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    • 2023
  • This study aims to determine the necessity, role, utilization, and operation and management plan in relation to the underwater space platform where humans can newly reside. It provides a comprehensive opinion on the need for creating undersea space and operation plans based on opinions of industry-university-affiliated organizations involved in the R&D project of the Ministry of Maritime Affairs and Fisheries for the utilization of undersea space and external experts participating in marine technology development. In this study, a survey was conducted on researchers participating in the construction of a Korean submarine space platform. FGI was conducted on marine technology development experts. Results were then derived. As a result of the analysis, the need for subsea space construction was found to be high. As for the role of subsea space, the most common opinion was to develop technology for utilizing subsea space and to secure marine science research functions. It was found that the creation of subsea space would have a positive impact on the domestic industry, especially the deep-sea development industry and the shipbuilding/offshore structure industry. In terms of utilization, after the end of the seabed space test bed, the response to utilization as a marine observation base and marine ecosystem research had the highest proportion. As for expected inconvenience, discomfort in the psychological environment was the highest. Experts suggest that securing a continuous budget is most important for stable operation in the future and that securing a manpower budget is essential for itemized budgets. In addition, it was judged that it would be appropriate to establish a prior agreement from the time of the prior agreement and prepare a countermeasure before proceeding with the project in order to ensure ownership issues, consignment management issues, and cost issues when using the project after the end of the project.

A Study on Container Monitoring Loaded into the Hold in Maritime Logistics (해상운송 환경에서 IP-RFID 기술을 이용한 선박 홀드에 적재된 컨테이너 상태 모니터링에 관한 연구)

  • Kim, Tae-Hoon;Choi, Sung-Pill;Moon, Young-Sik;Lee, Byung-Ha;Jung, Jun-Woo;Park, Byung-Kwon;Kim, Jae-Joong;Choi, Hyung-Rim
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.41 no.11
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    • pp.1446-1455
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    • 2016
  • The recent increase of fresh farm products, hazardous cargos, and high-priced goods in marine transportation has caused an increased demand of cargo owners and shipping companies with regard to the monitoring of the location and state of cargo. To meet this increase, numerous technologies are being studied for the monitoring of the cargo state. Cargo containers on a ship are loaded on a ship's deck and in a ship's hold, which is located under the deck. However, Since the developed technologies mostly transfer the container status information that collected by mobile communication, it costs a lot to install communication infrastructure on ship. And the ship's hold is completely sealed with a cover, and communication with the reader positioned at the ship's bridge is difficult. Therefore, most existing studies on container monitoring on ships have focused on the monitoring of containers loaded on a ship's deck. Accordingly, this study suggested system configuration for the monitoring of containers in a ship's hold using IP-RFID technology. The suggested system configuration was tested on an actual ship under navigation, and the test results are given in this study. The test results verified that the monitoring of containers in a ship's hold using IP-RFID technology is effective.

Analysis on Rainwater Harvesting System as a Source of Non-Potable Water for Flood Mitigation in Metro Manila (마닐라의 홍수저감을 위한 잡용수 대체자원으로서의 가정용우수저류시설 분석)

  • Necesito, Imee V.;Felix, Micah Lourdes A.;Kim, Lee-Hyung;Cheong, Tae Sung;Jeong, Sangman
    • Journal of Wetlands Research
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    • v.15 no.2
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    • pp.223-231
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    • 2013
  • Excessive precipitation, drought, heat waves, strong typhoons and rising sea levels are just some of the common indicators of climate change. In the Philippines, excessive precipitation never failed to devastate and drown the streets of Metro Manila, a highly urbanized and flood-prone area; such problems are expected to occur frequently. Moreover, the water supply of Metro Manila is dependent only to Angat Reservoir. Rainwater harvesting can serve as an alternative source of raw water and it can mitigate the effects of flooding. The harvested rainwater can be used for: potable consumption if filtered and disinfected; and non-potable consumptions (e.g., irrigation, flushing toilets, carwash, gardening, etc.) if used untreated. The rainfall data were gathered from all 5 rainfall stations located in Metro Manila namely: Science Garden, Port Area, Polo, Nangka and Napindan rain gauge stations. To be able to determine the potential volume of rainwater harvested and the potentiality of rainwater harvesting system as an alternate source of raw water; in this study, three different climatic conditions were considered, the dry, median and wet rainfall years. The frequent occurrence of cyclonic events in the Philippines brought significant amount of rainwater that causes flooding in the highly urbanized region of Metro Manila. Based from the results of this study, the utilization of rainwater harvesting system can serve as an alternative source of non-potable water for the community; and could also reduce the amount of surface runoff that could result to extreme flooding.

An Empirical Study on the Structural Relationship among Corporate Image, Quality Characteristics, Customer Satisfaction, and Customer Royalty in Internet Shopping Malls (인터넷 쇼핑몰의 기업 이미지와 품질특성과 만족도, 충성도의 구조관계에 관한 실증적 연구)

  • Jung, Lee-Sang;Lee, Seok-Yong
    • Management & Information Systems Review
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    • v.28 no.4
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    • pp.175-197
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    • 2009
  • Numerous researches related to internet shopping malls have been researched by numerous researchers. Such as, establishing criteria to evaluate service quality of electronic commerce, identifying factors affecting successful internet shopping mall operation, and examining relationships among the factors in electronic commerce based shopping mall needed to be focused on. However, most researches that have been undertaken only consider the service quality model or basic functional dimension. In accordance with this indispensability, the integrated structural relationship among variables, which are potentially inherent in customer's perception and affect personnel royalty on internet shopping mall needs to be acknowledged. The purpose of this study is to examine which factors should be able to facilitate performance of internet shopping mall. Based on the relevant literature, it has been empirically analyzed how corporate image, system quality, service quality and delivery quality affect customer satisfaction as well as customer royalty. The research's problem is that it was tested with data collected from 212 respondents. This study developed and empirically analyzed a model representing the relationship by using the Structural Equation Model. The major findings of this study are, firstly, that the higher corporate image is positively affecting the system quality and delivery quality. Secondly, the higher delivery quality is positively affecting the service quality. Thirdly, the higher service quality is positively affecting the customer satisfaction. Finally, the higher customer satisfaction is affecting the customer royalty.

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The Design Group Communications Management for Groupware Environment (공동작업환경을위한 그룹통신관리방식 설계)

  • Gung, Sang-Hwan;Gu, Yeon-Seol
    • The Transactions of the Korea Information Processing Society
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    • v.3 no.1
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    • pp.127-143
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    • 1996
  • Advanced countries are very active in deploying the National Information I infrastructure which provides universal service to promise fruitful quality of futuree life. Even in the distributed environment, we can closely converse, work together, and share information in a very convenient way. This is actually enabled with the help of groupware technology, which are currently focused and researched in a larger popularity. The aim of this study is to design a portable pack for group communications management to support the development of groupware application. In the paper we begin with technical survey, continue to build our own model for group communications man agement, and design its architecture and procedure. We also suggest group addressing mechanism under Internet environment such as how to create IP multicast address and IP port number dynamically and as a globally unique value for the communication session, with the help of the hierarchical and distributed address managers. We also indicate the reliable data transmission services to remedy the unreliable feature of the UDP multicast services, and finally the architecture/ applied to support the practical applications is briefly discussed for verification of the designed concept.

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A Study on the Route Operation & Safety Improvement in Gwangyang Traffic Safety Designated Area Based on ES Model (ES모델을 통한 광양항 교통안전특정해역의 항로운영과 안전성 향상에 관한 연구)

  • Kim, Deug-Bong;Park, Young-Soo
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.22 no.2
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    • pp.153-159
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    • 2016
  • Gwangyang traffic safety designated area is composed of 3 fairways (Deep water fairway, inbound fairway, and outbound fairway). However, inbound vessels can't use this passage because of Samyeo rock and artificial fishing banks in inbound route. The problem with the rocks and artificial fishing banks has been raised by ship navigators and authorities of the port. This research is about the safety evaluation and management plan of the passage, and we conducted maritime traffic simulation using a model based on a ship operator risks. As a result, assuming that future marine traffic volume is the same as the present, and if the ship operators use 3 fairways and not two, it showed risk reduction of 46.4 % (vessels over 50,000 DWT using DW route) and 57.1 % (vessels over 10,000 DWT using DW route). Also, in a traffic volume condition which is the same as the present, to induce vessels over 50,000 DWT to use DW route is effective in mitigating of risks. Meanwhile, in a condition which increased the traffic volume by 150 %, it is more effective to induce vessels to use DW route. This research is the result of analysis using the model based on ship operator risks, and not cost-effectiveness analysis on the removal of Samyeo rock and artifical fishing banks. This research is expected to be used on setting up the sea route and management plan (particularly, restriction on passing DW route).

A Study to Improve the Vessel Navigation Suspension Order System (항행정지명령 제도의 개선방안에 관한 연구)

  • Lee, Seok-Mal
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.24 no.1
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    • pp.56-67
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    • 2018
  • With the introduction of the maritime safety supervisor system in Korea following the passenger vessel Sewol accident, the safety control system for coastal vessels has been reinforced. A maritime safety supervisor performs marine accident prevention activities by offering periodical or occasional guidance and supervision. When a deficiency is found during guidance or supervision sessions, an order for improvement is issued to rectify the problem by such measures as supplementation or replacement of vessel facilities, improvement of work hours and working conditions for employees, educational and training programs for executives and employees, or the improvement of other affairs relating to maritime safety control. However the present order for navigation suspension by a maritime safety supervisor is limited solely to supplementation or replacement. For this reason, orders for navigation suspension against other facilities is impossible, even if a serious deficiency that could lead to a marine accident such as poor cargo loading conditions or unqualified crew is identified. Therefore, the order for vessel navigation suspension to secure seaworthiness should be expanded to include cargo loading/unloading operations, certificates and documentation, maritime safety management systems, and human elements including emergency drills and working conditions, in addition to the supplementation or replacement of vessel facilities that exists.

Management of Water Quality by the Point Source in Mokpo Inner Bay (점 오염원 조사를 통한 목포 내항의 수질관리)

  • Kim, Do-Hee
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.12 no.4 s.27
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    • pp.273-283
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    • 2006
  • The results of COD concentration on August of 2004 were 6.80 ppm in North Mokpo Inner Bay, 4.42 ppm un front of YongSang Bank and 4.60 ppm in front of ShinAn Beach Hotel which is over III level Marine Environmental Standard. The others researched five stations sea water quality of Mokpo inner bay are reached II-III level. The concentration of total nitrogen range from 1.23 ppm to 3.56 ppm and total phosphorous concentration was range from 0.07 ppm to 0.12 ppm which are to be II-III level. This results show that the Mokpo inner bay is unsuitable for aquaculture and for use of marine resort, it can be only avaliable for industrial and harbour port use. In this study, we researched 12 point source flow into Mokpo Inner bay. The rate from YoungSang river in total inflow of TN was up to 70-93 % and rate of TP was up to 31-91 % respectively. In this results, we have to control the discharge from YoungSang river first of all then control the discharge from North Harbour domestic wastewater treatment, InAm river and NamHae domestic wastewater treatment in order to improve the water quality of Mokpo Inner bay.

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Provision of a Novel Unlicensed Access Relay Station in IEEE 802.16-based Broadband Wireless Access Networks (IEEE 802.16 기반의 무선 액세스 망에서 Unlicensed 대역 액세스 릴레이에 대한 설계)

  • Choi, W.;Shon, T.S.;Choi, H.H.;Lee, Y.
    • Journal of the Institute of Electronics Engineers of Korea TC
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    • v.44 no.10
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    • pp.169-177
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    • 2007
  • Existing wireless access (mobile) routers are based commonly on the network address and port translation (NAPT) technique which permits simultaneously sharing a subscriber's connection to the network with multiple users. However, the NAPT architecturally makes the users invisible on the network side, thus becoming a user-oriented connection technique. In this paper, we propose a novel service provider-oriented unlicensed nomadic access relay station (WiNNERS) for helping wireless broadband network service providers to make their business more lucrative by accommdating unlicensed band users as subscribers into their network. The WiNNERS offers service providers the capability to directly manage each of the unlicensed band users at the network side. This direct management allows the service providers to flexibly and simply handle QoS, access control, and billing for each user. In order to distinguish each of the unlicensed band users the WiNNERS constructs a virtual tunnel from each user's terminal to the network access router using connection identifiers which is defined for service flow management within the WiBro system, Consequently, our proposed service provider-oriented relay station can be included into the WiBro network system with minimum modifications.