• Journal of the Korean Society of Marine Environment & Safety
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• v.15 no.4
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• pp.345-354
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• 2009

The review of statements and coastal development characteristics in South Korea were diagnosed by the consultation on the coastal area utilization in Korea. The occupation and the use of public water were dominated by installation of coastal structure and seawater supply and drainage whereas the reclamation areas were predominantly utilized for developing industrial complex, harbor, fishing port and road. The occupation and the use were dominant in western coast, but reclamation was dominant in southern coast of Korea. The number of utilization cases was particularly greater in Jeonnam, Gyeongnam, and Gyeonggi Province including Incheon. The number of the statements reviews increased by more than 200 cases in 2008 compared with 2007, and most of them were the simple statements. The statements related to ocean disposal of dredged sediment, reclamation, dredging sediment, seawater supply and drainage, and marine sand mining were submitted for review. Coastal utilization was especially active in the regions of seawater quality criteria I and II. In particular, special management sea areas designated under the relevant marine regulations were utilized mostly by reclamation for developing harbor, fishing port and coastal structure. Development activities in national parks comprised primarily structure installation and coastal maintenance. In the fisheries resources protection areas, 40% of the total cases accounted for coastal maintenance, 31% for structure installation, and 16% for seawater supply and drainage. In addition, alternative plans for the improvement in policies and system of marine environmental impact assessment were suggested to enhance the function and confidence of the consultation on the coastal area utilization in Korea.

• Journal of Korea Port Economic Association
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• v.24 no.4
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• pp.219-236
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• 2008

A research on logistics cost needs a great deal of effort to calculate logistics cost and analyze its characteristics due to the complexity of logistics cost components. For this reason, the logistics cost is generally calculated based on the government level analysis. However, the standards for calculating logistics cost have not been obvious so far. Furthermore, it is true that it takes a long time and a lot of money to evaluate the percentage of each logistics cost component. The expansion of SCM entities has diversified the factors determining the logistics cost and the change of business environment has had an effect on the components of logistics costs. Therefore, in order to research on logistics cost, it is needed to focused on not only the segmentation of logistics cost components but also on their characteristics, and to separate the former from the latter. That is because the logistics cost components or the characteristics of these components depend on the current situation and conditions of companies. In addition, a strategy to reduce the components of logistics costs such as the transport cost and the storage cost without analyzing the characteristics and causes of the logistics cost could be an alternative unsuitable for the current status of companies concerned. In conclusion, this study was aimed at investigating the factors which are required to fundamentally assume and consider in an effort to calculate and reduce logistics cost based on analyzing the characteristics of logistics cost components.

• Journal of Navigation and Port Research
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• v.28 no.6
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• pp.565-572
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• 2004

Residual current plays more important role than the tidal current for long-term material transport in coastal areas. The main component of residual current is tide-induced residual current. Otherwise, wind driven current and buoyancy-driven current are important components which change the residual current. To clarify the characteristic of coastal current, application of a three -dimensional model is necessary. This study focuses on clarifying the stratified systems of coastal water affected by freshwater runoff from a river and analyzes the structure of current at Ulsan bay by applying a three-dimensional buoyancy-driven current model. According to the result of “Ulsan bay” study, it shows that the surface layer in semi-enclosed estuaries, which affected by freshwater runoff. has flows going out, and the bottom layer has flows coming in. Besides when the wind blows toward inside of the bay, the surface layer has flows coming in and the bottom layer has flows going out as compensation flows for the surface circulation. The results of simulation could be applicable to examine vertical upwelling, which might be caused by construction of artificial fishing reef to build aqua farm, submerged breakwater to control coastal sediment, and the formulation of oceanic ridge, or a basic study on application to the usage of deep water.

• Journal of Navigation and Port Research
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• v.31 no.8
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• pp.629-635
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• 2007

Reduced crew performance is frequently cited as a major causal factor in maritime accident causation. Although considerable research has been conducted on the hours of work undertaken by seafarers through interviews and the analysis of records, experimental studies to observe the effects of factors such as high workload, shift patterns, stress, sleep deprivation and disturbance on the cognitive performance of mariners have been limited. Other safety-critical transport industries, such as aviation and rail, have developed fatigue management tools to help manage the work patterns of their operators. Such a tool for mariners would assist shipboard crew, marine pilots and shore management in planning and improving work schedules. The overall aim of this paper is to determine a fatigue factor, which can be applied to human performance data, as part of a software program that calculates total cognitive performance. This program enables us to establish the levels of cognitive performance of a group of marine pilots to test a decision-making task based on radar information. This paper addresses one of the factors that may contribute to the determination of various fatigue factors: the effect of different work patterns on the cognitive performance of a marine pilot.

• Journal of Navigation and Port Research
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• v.36 no.6
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• pp.437-442
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• 2012

As of 2012, for service-area-widening and commercialization of DGPS service, the Ministry of Land, Transport and Maritime Affairs has completed a DGPS service via Terrestrial Digital Multimedia Broadcasting and doing experimental broadcasting. In this study, kinematic positioning tests were conducted based on DGPS service via T-DMB using low-cost GPS equipments in a dynamic environment. Standalone GPS, single-reference NDGPS via NTRIP, and virtual-reference DGPS via T-DMB surveys were conducted at the same time. And horizontal positioning errors were computed by comparing them with the result of high-precision positioning. As a result, when the DMB transmission interval was 3 seconds, horizontal positioning errors of standalone GPS, NTRIP-DGPS, and DMB-DGPS were 2.3m, 1.0m, and 0.7m, respectively. When the interval was 1 second, horizontal positioning errors were 2.0m, 1.2m, and 0.8m, respectively. Thus horizontal positioning accuracies improved with the DMB-DGPS compared to the traditional single-reference NDGPS.

• Journal of Navigation and Port Research
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• v.39 no.1
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• pp.69-75
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• 2015

The concrete purpose of this study is to suggest actually a debt ratio to optimize the capital structure providing a kind of approach to estimate the proper debt ratio with an analytical model and empirical data in Korean shipping industry. The mathematical and analytical model is started from the first equation about ROE, return of net operating income on equity, with an independent variable, debt ratio. It is constructed with several parameters, ROS(return of operating income on sales), TAT(total assets turnover), and NFCL(net finance cost to liabilities). There could not be a certain relationship between debt ratio and ROS or TAT, while some correlation or causality between debt ratio and NFCL. In other words, most of firms with high debt ratio is likely to burden higher finance cost than others with low one. In this case, there is a linearity relationship between debt ratio and NFCL, so then the second equation considering this relation could be included within the analytical approach of this paper. To be short, if the criteria of adequate debt ratio has to be defined as some level of debt ratio to optimize ROE, the ROE could be illustrated as a quadratic equation to debt ratio from two equations. Next, this research estimated those parameters' numbers through the single regression method with data over 12 years of Korean shipping industry, and identified empirically the fact that optimal debt ratio would be approximately 400%. To conclude, if that industry's sales and operating incomes are stable, the debt ratio could be accepted until twice of 200% had forced in order to guarantee its financial safety in past time.

• Journal of Navigation and Port Research
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• v.38 no.3
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• pp.261-268
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• 2014

The route of Korea and China situates stable shipping market by the agreement on maritime transport between two countries. Epecially, the Car-ferry shipping market between Korea and China is growing up the world's largest markets in this situation. But, the rapid growth of markets have the possibility of imbalance between supply and demand. In addition that heavy competition can be arisen. The aim of this study is to analyze the ways to reinforce competitiveness of Car-ferry shipping companies(CFSCs) between Korea and China routes through suggesting importance weights of service factors. Firstly, evaluating service factors of CFSCs between Korea and China routes are selected by reviewing literatures and Delphi method. Secondly, importance weights of service factors are calculated using Fuzzy method. As a result, Shipper and CFSCs between Korea and China routes select 'agility of loading and unloading', 'agility of customs', and 'punctuality of transportation' as the most important factors. On the other hand, the two groups are shown the perception gaps on the factors such as 'reasonable shipping cost', 'voyage speed', 'multimodal transportation', and 'professionality of manpower'. The implication of this study is that Government of Korea and China Have to cooperate agreement for mutual drive towed trailer and customs to speedy transportation.

• Journal of the Korean Society of Marine Environment & Safety
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• v.27 no.6
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• pp.763-774
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• 2021

The COVID-19 virus has generated major shockwaves in all spheres of human life since its outbreak. Maritime transport (both cargo and passenger) is one of the industries most heavily affected, yet over 80% of the world cargo is transported by sea. This study analyzes maritime port operational efficiencies before and after the start of the COVID-19 pandemic to determine whether the pandemic has caused major differences in the operational efficiencies of many leading Asian maritime container ports via data envelopment analysis (DEA). The results of both the CCR and BCC models reveal that overall, efficiency during the COVID-19 pandemic has been higher than before the pandemic despite a few inefficiencies. This implies that the pandemic has so far not has major consequences for the operational efficiency of maritime ports. However, two ports (Busan and Guangzhou) should adjust the scale sizes and technical capacities of their operations to improve performance.

• Journal of Navigation and Port Research
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• v.44 no.6
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• pp.541-549
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• 2020

This study conducts differential analysis on the financial positions of Korean shipping companies before and after the bankruptcy of the H carrier, looking specifically at their financial ratios, profit and loss patterns, and other factors related to their financial operation. Firstly, it was discovered that major measures of financial health, such as average assets per carrier, were not affected by the bankruptcy of the H carrier. However, despite this, most carriers experienced large changes in profits and losses, with total sales and shipping revenues averaging 424.5 billion won and 381.7 billion won respectively before the bankruptcy, but falling by half to 252.1 billion won and 234.6 billion won after the bankruptcy. Additionally, charter revenues and expenses also dropped by more than half. EBIT/sales and pre-tax revenue margins were also heavily affected after the bankruptcy, with both figures averaging 8% and 3% respectively before the bankruptcy, but falling into the negative range at -2% and -8% post-bankruptcy, resulting in significant deterioration in operational profitability. The study concludes that there is an urgent need to establish a global sales network, improve cost structures, and consistently secure stable cargo in order to increase Korean carriers' profitability. Of all financial measures, liquidity and total asset efficiency were identified as the most severely-impacted by the H carrier bankruptcy, thereby requiring the most pressing policy addressing.

• Journal of Korea Port Economic Association
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• v.38 no.2
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• pp.11-30
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• 2022

Korean ports have some problems in the aspect of quality & quantity in the bunkering process. Quality of bunker is assessed as more higher than competing ports. However, quality of bunkering procedure is assessed as lower. Especially, supply chain from loading of bunker to the bunker barge at oil terminal, transport it, and supply it to the ship has not been secured. Furthermore, aspect of quantity of bunker is more serious rather than that of quality of bunkering process. Disputes on the quantity of bunker between seller and buyer occur frequently, and residue & theft of bunker is also popularized issue and serious problem. Low bunkering fee is recognized as major reason of that problem, however, though low fee can be solved, it can not be necessary secured that problem could be solved, Therefore, this paper investigates and suggests the scheme to solve the quality problems of bunker supplying procedure, and develop solution toward advanced bunkering ports through removal of the quantity disputes. Concretely, this paper suggests introduction of quality system of bunker supply chain in the aspect of bunker supply procedure, and diversion from conventional sounding method to innovative Mass Flow Metering System in the aspect of bunker measuring. These two innovative solutions contribute to the removal and improvement of current structural problems in bunkering procedure.