• Title/Summary/Keyword: Ship Performance Management

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A Study on the Relationship between National Controlling Fleets and the Managerial Performance of Ship Management Companies in Korea

  • Sang Bae Lee;Chi Yeol Kim
    • Journal of Navigation and Port Research
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    • v.48 no.2
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    • pp.104-108
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    • 2024
  • This study investigates the relationship between national controlling fleets and the managerial performance of ship management companies in Korea. As industries clearly show interrelations between upstream and downstream entities , it is likely that the managerial performance of ship management companies in Korea is affected by the size of national fleet. Therefore, the present study analyzes the impact of Korean fleet size on the growth and the profitability of ship management firms. To this end, the performances of 10 major ship management companies in the period from 2012-2022 are examined through panel data regressions. The results indicate that the size of the national fleet has a positive impact on growth in both the assets and the sales of ship management companies. Specifically, the size of the Korean-flagged fleet is the most crucial factor, while that of the foreign-flagged fleet has no significant effect. In stark contrast to the findings regarding growth, the size of national fleet is found to have no significant impact on the profitability of ship management companies. This study's findings are expected to provide valuable implications informing both the managerial decision-making of ship management companies as well as policy-making for shipping and its related industries.

A Feasibility Review for an Uneven Baseline Basis Minimal Ballast Ship

  • Kang, Hee Jin;Kim, Kwang-Soo;Choi, Jin;Lee, Yeong-Yeon;Ahn, Haeseong;Yim, Geun-Tae
    • Journal of Ocean Engineering and Technology
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    • v.34 no.1
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    • pp.1-12
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    • 2020
  • Although there are many kinds of advanced ballast water management systems, pioneering studies for ballast-water free ship and minimal ballast water ship concepts are in progress. In this study, the existing alternatives of ballast water are reviewed and a new design concept is studied on the basis of the existing bulk carrier hull form. To develop a new design alternative which has minimal ballast for ballast water discharge free operation, the new concept should have technical feasibilities that are related to the role of the ballast water, berth access, loading constraints, etc. For this purpose, a simplified systems engineering basis design approach is adopted using a business model as the system analysis and control tool. To check the performance feasibility of the new concept, ship resistance performance is reviewed based on a model scale ship resistance performance analysis.

A Study on Ecological Interface Design for Navy Ship's Radar Display

  • Park, Young-Hwan;Myung, Ro-Hae
    • Journal of the Ergonomics Society of Korea
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    • v.31 no.2
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    • pp.353-362
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    • 2012
  • Objective: The aim of this study is developing the navigation radar display of navy ship with ecological interface design (EID) framework. Background: Navy ship radar operator must perform navigation support tasks by monitoring the complex and diverse information presented on the radar display. Current radar display is limited in effective navigation aid and response to an unusual state immediately. It is necessary to develop an effective radar display. Method: Ten navy radar operators performed a series of trials in a low-fidelity radar simulation in which they attempted to solve the problems of current navigation situation. Results: The result demonstrated that the ecological interface's performance was better than the existing radar display on performance time and subjective mental workload. Conclusion: This study expand EID study field to navy ship radar display and confirm ecological display is better than existing radar display in performance time, subjective mental work load. Application: The result of this study may help to improve navy ship navigation radar display currently in use.

A Study on the Effects of Quality Management Systems on the Job Satisfaction, Organizational Commitment and Management Performance in Shipping Companies (해운기업의 품질경영시스템이 직무만족, 조직몰입, 경영성과에 미치는 영향에 관한 연구)

  • Hwang, Seok-Jun;Choi, Hyung-Rim;Hong, Soon-Goo;Lee, Kang-Bae;Lee, Shin-Won
    • Journal of Fisheries and Marine Sciences Education
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    • v.24 no.1
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    • pp.95-110
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    • 2012
  • This study aims to investigate the effect of quality management system in the shipping companies on the job satisfaction, organizational commitment, management performance. The quality management system is divided into operational accountability, employee management, crewman management, ship management, and sailing management based on previous study. Targets of survey are companies which are registered in Korean ship owner's association and Korea ship manager's association as of 2011. A total of 236 questionnaires are collected from shipping companies in Basan and Kyongnam from October 15 through November 5 in 2011. The result shows that operational accountability and employee management of quality management systems are mightily important in the shipping company. In the future research, based on analysis of shipping company's characteristics, the study for shipping companies which are perceived by customers could be conducted.

Research on systematization and advancement of shipbuilding production management for flexible and agile response for high value offshore platform

  • Song, Young-Joo;Woo, Jong-Hun;Shin, Jong-Gye
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.3 no.3
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    • pp.181-192
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    • 2011
  • Recently, the speed of change related with enterprise management is getting faster than ever owing to the competition among companies, technique diffusion, shortening of product lifecycle, excessive supply of market. For the example, the compliance condition (such as delivery date, product quality, etc.) from the ship owner is getting complicated and the needs for the new product such as FPSO, FSRU are coming to fore. This paradigm shift emphasize the rapid response rather than the competitive price, flexibility and agility rather than effective and optimal perspective for the domestic shipbuilding company. So, domestic shipbuilding companies have to secure agile and flexible ship production environment that could respond change of market and requirements of customers in order to continue a competitive edge in the world market. In this paper, I'm going to define a standard shipbuilding production management system by investigating the environment of domestic major shipbuilding companies. Also, I'm going to propose a unified ship production management and system for the operation of unified management through detail analysis of the activities and the data flow of ship production management. And, the system functions for the strategic approach of ship production management are investigated through the business administration tools such as performance pyramid, VDT and BSC. Lastly, the research of applying strategic KPI to the digital shipyard as virtual execution platform is conducted.

An Analysis on the Performance of the Close-In-Weapon-System Using Absorbing Markov Chains (흡수 마코프체인을 활용한 함정 근접무기체계 효과성 분석)

  • Kim, Seong-Woo;Yoon, Bong-Kyoo
    • Journal of the Korea Institute of Military Science and Technology
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    • v.17 no.6
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    • pp.733-743
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    • 2014
  • Since the technology of anti-ship missiles has advanced rapidly, defending battleships from the threat of anti-ship missiles is a crucial factor for the survival of warships. In this paper, we analyze the performance of an anti-ship missile defense system whose name is Close-In-Weapon-System. We show the survival probability of a warship equipped with the Close-In-Weapon-System as the number of anti-ship missiles attacking the warship varies. Because of the complex and dynamic operational characteristics surrounding the Close-In-Weapon-System such as speed of missiles, different range of an individual weapon in the weapon system, and the continuous change of the kill probability of the missiles corresponding to the distance of missiles from ships, few work has been done for the performance of Close-In-Weapon-System. We present a model to incorporate all the dynamic characteristics of the system using absorbing Markov Chain. With our results, we expect commanders of warships equipped with Close-In-Weapon-System to be provided with more helpful information on how to deal with the anti-ship missiles.

Exploring Strategies for Enhancing Competitiveness of International Ship Supply Business at Busan Port Focusing on the Informatization Competencies- (부산항 국제 선용품 공급업 경쟁력 제고방안에 관한 탐색적 연구 : 정보화 역량을 중심으로)

  • Lee, Hong-Girl
    • Journal of Korea Port Economic Association
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    • v.33 no.1
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    • pp.61-74
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    • 2017
  • The aim of this study is to analyze informatization competencies of the international ship supply companies at Busan port. This study comprehensively suggests certain issues attributed to the successful implementation of total information management system for ship supply. To achieve this objective, evaluation was undertaken based on the model of the National Competency Standards (NCS). This model consisted of three evaluation areas, including 20 items. Analysis of information competencies of ship supply companies was undertaken using the Importance-Performance Analysis (IPA) method. Survey data was collected from ship supply companies located in the ship supply center at Busan port. Results found that there were significant differences between importance and performance. In addition, overall informatization competency was very low. Thus, in order to ensure successful implementation of total information management system, re-education programs for ICT usage and dedicated support organization are necessary.

A Analysis on the Operation Efficiency of Safety Management System using DEA method (DEA 분석 기법을 이용한 안전관리체제 운영효율성 분석)

  • Yang, Hyoung-Seon;Kim, Chol-Seong;Noh, Chang-Kyun
    • Proceedings of KOSOMES biannual meeting
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    • 2006.05a
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    • pp.15-20
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    • 2006
  • In this study, we had investigated several input factors and output factors, to maintain safety management, of domestic shipping companies, and then had analyzed the efficiency of performance of performance about each shipping companies' safety management system from 1998 year to 2004 year using DEA method As the result of analysis, the annual mean efficiency of total companies tended downward every year. Analysis was that the cause was increase of the cost of repairing ship, the cost of ship's stores and idle day of ship.

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Assessment of the effect of biofilm on the ship hydrodynamic performance by performance prediction method

  • Farkas, Andrea;Degiuli, Nastia;Martic, Ivana
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.13 no.1
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    • pp.102-114
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    • 2021
  • Biofouling represents an important problem in the shipping industry since it causes the increase in surface roughness. The most of ships in the current world fleet do not have good coating condition which represents an important problem due to strict rules regarding ship energy efficiency. Therefore, the importance of the control and management of the hull and propeller fouling is highlighted by the International Maritime Organization and the maintenance schedule optimization became valuable energy saving measure. For adequate implementation of this measure, the accurate prediction of the effects of biofouling on the hydrodynamic characteristics is required. Although computational fluid dynamics approach, based on the modified wall function approach, has imposed itself as one of the most promising tools for this prediction, it requires significant computational time. However, during the maintenance schedule optimization, it is important to rapidly predict the effect of biofouling on the ship hydrodynamic performance. In this paper, the effect of biofilm on the ship hydrodynamic performance is studied using the proposed performance prediction method for three merchant ships. The applicability of this method in the assessment of the effect of biofilm on the ship hydrodynamic performance is demonstrated by comparison of the obtained results using the proposed performance prediction method and computational fluid dynamics approach. The comparison has shown that the highest relative deviation is lower than 4.2% for all propulsion characteristics, lower than 1.5% for propeller rotation rate and lower than 5.2% for delivered power. Thus, a practical tool for the estimation of the effect of biofouling with lower fouling severity on the ship hydrodynamic performance is developed.

The Directions and Indicators Derivation for the Efficiency of Naval Ship Acquisition Programs' Performance Evaluation (효과적인 함정사업 성과평가를 위한 발전방향 및 성과평가 지표 도출)

  • Guck Cheol Bang;Sung Chul Shin;Joong Yoon Lee;Peom Park
    • Journal of the Korean Society of Systems Engineering
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    • v.19 no.2
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    • pp.117-125
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    • 2023
  • Systematic performance evaluation of the Defense Acquisition Program is very important, since they are directly related to national security. In this paper, we reviewed various performance evaluation models from a methodological perspective for pragmatic performance evaluation, and the limitations of each model. In order to evaluate the performance of the Defense acquisition program efficiently, especially for the Naval ship Projects and considering their unique characteristics, both various stakeholders' participation, standard indicators for performance measurement, and tailoring them considering the projects' circumstances are necessary. We also propose indicators, contents, and detailed criteria example for the Requirements management. This approach enables a pragmatic and consistent evaluation of defense projects, and through this, meaningful insights could be acquired with accumulate data.