• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.20
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• pp.153-179
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• 2003

Deregulation is not a matter or problem to be resolved simply by revising a law or a system in a short period of time. Rather, it should be implemented at a steady pace on the basis of a full understanding of the relationships between government regulation and the government's role, taking into account the inherent functions of the market. Moreover, arguments about government regulation and its deregulation vary according to viewpoints and approaches on the part of parties concerned. This makes it more difficult to form a consensus or reach a conclusion in recognizing and resolving the basis of problems at issue. This paper aims to review the shipping industry deregulation of major countries, to analyze Korea's situation and problems of shipping regulation, and to suggest it's improving methods. Although government regulation is a sensitive policy issue, this paper remains relatively at the basic research. Regulation problems should be tackled by interdisciplinary approach. A specific approach in regulation study could not explain exactly the causes and results of government policy

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.28
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• pp.39-61
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• 2005

Historically shipping conference has enjoyed antitrust immunity in consideration of the importance of liner service in international trade in that it is essential to ensure stable movement of international freight. However, shipping deregulation which has been carried out for last decades in the US and EU has caused significant changes to the liner shipping market. In fact, most of shipping conferences have broken up or transformed as discussion agreement since shipping regulatory reform. However, on the other hands, it is also true that it has contributed to developmore efficient and responsive negotiating process that are better tailored to the needs of individual shippers.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.48
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• pp.57-76
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• 2010

This study reviews maritime transport policy regarding liner conference and the changes in the liner market over the decades. Liner shipping industry has long been protected from competition by block exemption. To prevent excessive competition in punctual operation and its inelastic market structure, liner shipping companies formed conferences that are protected to fix the prices under the law. In the US, deregulation in transport sector began from 80's and continuing with OSRA 1998, conferences were dissolving. On the other hand, the EU with close conference system, Regulation 4056/86 contained block exemption remained in force for unlimited time without review clause. However, in Oct 2008, the EU has announced its removal, and conferences were no longer permitted to fix the price nor exchange information. Although OSRA 1998 has already broken up conferences by allowing individual service contracts, but the repeal of the immunity for price fixing will alter significantly the rule on cooperation in the industry since it is a unilateral move by the EU, especially in transatlantic lane. There are rapid changes in shipping market getting much more complicated, and with removal of 4056/86 allowing the market to be more competitive, opening up the industry with far more diverse strategic options. Hence this paper reviews on liner shipping industry and its changes of policies over the years from protected market to open competition market of today.

• Journal of Korea Port Economic Association
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• v.28 no.1
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• pp.263-288
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• 2012

This study aims to define which factors will contribute to vitalization of Saemangeum New Port to secure international competitiveness in order to attract international shipping companies, shippers and forwarders in constructing Saemangeum New Port, and to propose subsequent implications. For research methods of the current study, a factor analysis and a decision making method of analytic hierarchy process(AHP) were used. Through precedent studies, total 11 measuring variables were selected including short entrance and exit channels, main infrastructure development project, tax cut and deregulation, and through a factor analysis, total 3 high rank evaluation factors including 'location and facilities', 'surrounding infrastructure and hydrophile property', and 'local policy and environment'. Analysis results summarizing a test of reliability of measuring variables in this study indicate that as Cronbach alpha coefficient of total 11 measuring variables were turned out to be over 0.8, it is surpassing general average 0.6, which means there is reliability.