• Journal of Korea Port Economic Association
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• v.33 no.2
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• pp.19-32
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• 2017

This study aims to (1) investigate the main factors for the evaluation of port competitiveness through a literature review; (2) compare each terminal's competitiveness in Busan and Shanghai ports using TOPSIS methodology; (3) determine how to improve Busan port competitiveness. TOPSIS analysis of throughput shows that the terminals in Shanghai (SMCT, SGICT) are competitive. Shanghai is ranked first in both the port physical analysis (SMCT) and the financial one (SSICT). Total competitiveness analysis shows that Shanghai terminals (SSICT, SMCT, and SGICT) are more competitive than the ones in the Busan port. In this analysis, the SSICT ranks the top terminal in port physical and financial categories, while the SMCT ranks the first terminal in terms of throughput. The results of this study provide important policy implications for the Busan port, whose international status as a transshipment port and international logistics hub has lowered, and whose recent growth is slower than that of the competing international ports.

• Journal of Navigation and Port Research
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• v.28 no.9
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• pp.783-790
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• 2004

For a nearly decade Busan has been the pre-dominant force in Northeast Asian port community, but during the last couple of years, several competitors have looked to directly challenge Busan's regional dominance, most notably, northern Chinese ports. Faced with this challenging and formidable trend, Busan has had to respond appropriately to ensure that Busan remains a regional hub well into the 21st century. The aim of this paper is to make some considerations for a regional hub container port in Northeast Asia in response to changes in the shipping industry with particular reference to Korea.

• Journal of Navigation and Port Research
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• v.31 no.9
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• pp.801-806
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• 2007

The analytical hierarchy process (AHP) enables decision makers to represent the interaction of multiple factors in complex and unstructured situations. The process requires the decision maker to develop a hierarchical structure of the factors in the given problem and to provide judgments about the relative importance of each of these factors and ultimately to specify a preference for each decision alternative with respect to each factor. The research presented in this paper applies the AHP to identify key players in promoting port competitiveness. The literature survey revealed four major criteria and 15 sub-criteria. The four factors are cost, service quality, facility/capacity and economic-social variable. 150 questionnaires suitable for AHP analysis were made and 77 were returned. It is found that in terms of cost, the first key player is terminal operator and the second key player is shipping companies calling Busan port; in terms of service quality, the first key player is terminal operator, and the second key player is shipping companies calling Busan port; in terms of facility/capacity, the first key player is port authority and the second key player is terminal operator; in terms of economic-social variable, the first key player is terminal operator, and the second key player is shipping companies calling Busan port.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.64
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• pp.187-210
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• 2014

As port functions change to act as an economic catalyst and take on a central position in industries engaged in international trade, port hinterland has become a significant component in international shipping. The success of port hinterland as a strategic base of logistic activities critically depends on location selection factor for international distribution center that links elements of global supply chain management. By examining multi-measurement items empirically, this paper analyzed location selection factor for international logistics distribution center in port hinterland, and evaluated Busan new port hinterland from the user's perspective. Employing exploratory factor analysis, the results revealed that the model structured around five factors incorporating geo-location and accessibility, availability, political supports, cost factors, and quality of business environment is valid and reliable in the context of the location selection factors for logistics distribution center in the context of port hinterland operations. The evaluation of Busan new port hinterland provides useful insights for strategic improvement to accommodate the users' expectation. Further, the model offers both a descriptive and diagnostic strategic management tool for port hinterland development and operations, to guide future improvement.

• Journal of the Korean association of regional geographers
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• v.18 no.1
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• pp.55-70
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• 2012

Busan port has played a part as the main trade gateway in Korea for several decades. However, due to the rapid integration of China into the global economy and the grand changes in global trade structures, the trade gateway system in Korea and the status of Busan port have been transformed. Busan port's role as a trade gateway toward Japan and U.S. has increased during last two decades but, in cases of China, its importance has relatively decreased. Moreover, Busan port's competitiveness has been undermined in the most part of commodity trade. These phenomena reflect the high competition among trade ports which tend to increase the effectiveness of supply chains. Based on the geographical research tradition which has understood a port as a nexus between hinterland and foreland, this study focuses the changes in characteristics of trade freights and the status as a gateway of Busan port. This approach will contribute to the understandings of dynamics in the comtemporary international logistics.

• Journal of Ocean Engineering and Technology
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• v.32 no.3
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• pp.192-201
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• 2018

In this study, a qualitative evaluation of the morphological changes in the seabed surrounding Jinwoo-Island due to the construction of the new Busan port were determined through a numerical simulation. Various scenarios for the discharge of the Nakdong river estuary dam and construction stage of the new Busan port were established and utilized for an indirect and qualitative investigation through simulation using the numerical model implemented in this study. It was concluded through a qualitative study that the morphological changes in the seabed surrounding Jinwoo-Island were typical estuary seabed changes due to the discharge of the Nakdong river estuary dam and waves from the open sea. The effects from the construction of the new Busan port were relatively small.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2006.06b
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• pp.147-152
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• 2006

Nowadays, the redevelopment of the conventional pier in Busan port has been one of top issues on Busan port. Busan Port Authority has already launched a research project on that and the Master Plan undergoing. However, the conventional pier is still booming one for small vessels providing feeder service to and from Busan port and both Japanese ports and Chinese ones. Accordingly, there are several terminal operation companies(TOC) and union workers which make might be a major obstacle for the redevelopment. Furthermore, it has been said that alternative pier is necessary before starting redevelopment. Under such circumstance this paper tries to review the major limitations and provide some thought for the solution.

• Journal of Ocean Engineering and Technology
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• v.30 no.3
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• pp.177-185
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• 2016

In this study, the model developed by Hong (2012) was modified to describe the consecutive docking/undocking situation and was also applied to investigate the effect on seawater circulation in Busan port by consecutive docking/undocking at the connecting bridge of Busan port. Numerical experiments for various docking/undocking cases were performed by dumping the initial concentration within Busan Port and indicated that the concentration in Busan port becomes steady state without numerical wiggles after sufficient time (at least 20 or 30 days). In addition, it was found that the seawater circulation under ship docking was slightly reduced in comparison with that under ship undocking, and the approach time to the target concentration under all the docking cases increased in comparison with the undocking case.

• Korean System Dynamics Review
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• v.5 no.1
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• pp.111-126
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• 2004

Many countries in the North East Asia are competing with each other in order to become a centre of international logistics activities. The competition to become a hub port in Far East region is now fierce. The anticipated investments on improving port facilities and attracting the mega carriers are immense for all the ports in the region and the extent of the effort could cripple the local ports and region's economy given the limited financial resources. It is, however, impossible to avoid the disastrous possibility that the massive investments could be channeled into the port, which will never become a hub port, as no port is ready to currently admit defeat and settle as a small regional port. In an attempt to minimise such disastrous waste of resources, ports need to verify the eligibility of their own. This paper tests a system dynamics model using the Port of Busan to understand and illustrate the principle guideline of investment decision making for ports.

• Journal of Korea Port Economic Association
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• v.21 no.4
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• pp.1-31
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• 2005

Major companies in USA, Europe and Japan as well as even China and Russia put more overseas investment in Asian regions than before, while northeast Asian regional trade gets more attractive and important under the influence of China's super-speed economic growth. Possibly, it is expected that such ever-increasing gravity of regional trade will help spotlight the importance of local trade route considerably. In particular, northeast Asian region's economic briskness and step-up in international economic partnerships will expectedly contribute to much boosting up the quantity of goods transported via local coasting route. Thus, it is advisable that both Busan New port specialize in dealing with freights via East Sea rim, while Gwangyang port specialize in dealing with freights via Yellow Sea rim. Furthermore, it is required that both ports share some of their own roles as hub port and hub & spoke port respectively, so that both of them can be devoted to stepping up into northeast Asian hub ports.