• Title/Summary/Keyword: Shipping business

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A Study on Recent Trends and Prospects of Domestic and International Shipping Industries (국내외 해운업의 최근 동향과 전망에 관한 연구)

  • Byun, Dae-Ho
    • Asia-Pacific Journal of Business
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    • v.9 no.3
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    • pp.101-115
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    • 2018
  • The purpose of this study is to examine the growth status and future prospects of the shipping industry over the past decade through a review of the statistical database and related literature. We classify the shipping industry and survey a number of companies, number of employees, sales trends and shipping logistics market outlook, port cargo volume, and container throughput trends with regard to the sea cargo shipping business, freezing cold warehousing business, harbor cargo unloading business, and international freight forwarding business. We will also look at the overall trends, scale, cargo volume, and harbor automation status of the global shipping market.

A Study on the Development of the Shipping Business Cluster Complex in Busan (부산 해운 비즈니스 클러스터 집적화 단지 개발에 관한 연구)

  • Shin, Yong-John
    • Journal of Navigation and Port Research
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    • v.34 no.10
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    • pp.823-831
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    • 2010
  • The shipping business industries which are the transport and logistics intensive in Busan, have been small sized and scattered in many areas, that is why they could not create a synergy effect utterly. Because of the need to develop the shipping business cluster complex in Busan in order to concentrate those industries and attract high value added firms, this study tries to suggest an approach to build the cluster. Firstly, how various shipping business related firms in Busan and capital area demand the cluster complex are searched through questioning survey. Secondly, the gradual scheme to integrate lots of business companies, governmental authorities and educational institutes and global strategy to invite domestic and foreign organizations in Myeong Ji area near to Busan New Port. Thirdly, the expected economic benefits of the cluster construction are calculated quantitatively.

Motives for Vessel Chartering Business and Its Significance in the Korean Shipping Industry (우리나라 해운업에 있어서 용선의 의의 및 유인에 관한 연구)

  • 이광희;이태우
    • Journal of the Korean Institute of Navigation
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    • v.23 no.1
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    • pp.85-97
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    • 1999
  • Vessels chartering has contributed to developing Korean shipping industry over the past three decades. Vessels chartered by shipping companies have been employed in cross trades as well as in the Korean foreign trade to achieve their business strategy. Meanwhile, some problems such as speculation, sales-oriented expansion with poor margin, poor forecasting capacity, over excessive competition in cross trades among Korean owners, and lack of speciality in decision-making, have played adverse roles in promoting chartering business in Korea. There(ore, this paper aims to discuss motives for vessel chartering business and its significance in the Korean shipping industry and to identify problems in the business.

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Financial Analysis and Effects on Performance of Offshore Freight Shipping Companies (외항 화물운송업의 재무분석 및 성과에 미치는 요인 연구)

  • JANG, Seung-wook;AHN, Woo-chul
    • The Journal of shipping and logistics
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    • v.34 no.4
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    • pp.615-635
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    • 2018
  • Using data from 2008 to 2017, this study analyzed the financial characteristics of offshore freight shipping companies in Korea, categorized by vessel type, and their impact on business performance. The analysis showed an upward trend in the overall debt ratio of offshore freight transport companies and differences in the financial characteristics of each vessel type as well as the major factors affecting business performance. In particular, the significant factors affecting the ROA performance of the business are the size of business and debt ratio in the LPG line; the growth rate in the bulk line; the size of business, debt ratio, and year in the general freight line; and the size of business, growth rate, entertainment expense rate, debt ratio, and year in the full container line. Therefore, each shipping company needs to recognize differences in key financial factors affecting its performance based on vessel type, implement proactive measures, and diversify its vessel portfolio.

An Empirical Study on Factors Affecting the Relationship Quality in Shipping Service Market : Primarily on Relationship between Liner Shipping Companies and Freight Forwarders (해운서비스시장에 있어서 관계질에 영향을 미치는 요인에 관한 실증연구 - 정기선사와 운송주선인간의 관계를 중심으로 -)

  • Choi Young-Ro;Shin Han-Won
    • Journal of Navigation and Port Research
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    • v.30 no.1 s.107
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    • pp.73-83
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    • 2006
  • The purpose of this study is to analyze the dynamic market mechanism adopting relationship marketing techniques between the shipping companies and shippers. As shipping companies mainly rely on sales operation, the relational structure of shipping companies and shippers is considered to be one of the determinants in business performance and customer satisfaction In this respect, the characteristic relationship between sales person and shipping company takes an important roles in relationship marketing in shipping business industry. An empirical study was carried out to find out the determinants cf relationship quality and antecedent factors of characteristics in shipping companies and sales person.

Globalization and Consolidation in Maritime Transport and Its Implications for Container Port Business

  • Ryoo Dong-Keun
    • Journal of Navigation and Port Research
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    • v.29 no.9
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    • pp.801-806
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    • 2005
  • The world of container shipping and container terminal business is changing and container ports need to know what the changes are in order to plan how to respond. In particular, the container transport industry has noticed two major developments such as globalization and consolidation. The purpose of this paper is to review the current trend towards globalization and consolidation of container liner shipping and container terminal business. It also investigates the impact of these market developments on container ports and presents its implications for port development, management and operation, and port competition policy. According to the discussion of this paper a greater exercise of market power of container terminal operators will have negative impacts on international trade and national economy, especially port users, including container lines, exporters and importers. An empirical evidence on the exercise of market power is required to develop competition rules on market dominance at a national and international level. This paper suggests 'port coopetition' as a solution for smaller and regional container terminal operators to survive in a competitive business environment.

A study on Maritime Marketing strategy in the information Era (정보화시대 해운마케팅 전략에 관한 소고)

  • 김대진;전준수
    • Journal of Korea Port Economic Association
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    • v.18 no.2
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    • pp.47-64
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    • 2002
  • Global Shipping companies and harbor facilities have tried to construct e-business network to strengthen the competitiveness in this rapidly changing cyber environment. from now on, in a few years, it will be backward enterprises and business that could not adapt this e-business currency, international shipping companies has been together The intta and The GTnexus web site for customer need to fulfill Gradually this currency is going to expand in the world The goal of this research is to study up-to-date internet marketing strategy and global shipping company's present condition of on-line marketing. it will be helpful to make domestic marketing business competitive and to acquire superior position for Domestic shipping company in market.

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An Empirical Study on the Effects of the Internal Company Factors and External Environment Factors on the Usage Level and Performance of Electronic Commerce in the Shipping Companies - Primarily on the Liner Shipping Business - (해운기업의 내.외부환경요인이 전자상거래 활용수준과 성과에 미치는 영향에 관한 실증연구 - 정기선해운영업을 중심으로 -)

  • Cho Kyung-Woo
    • Journal of Navigation and Port Research
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    • v.30 no.6 s.112
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    • pp.483-489
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    • 2006
  • The purpose of this study is to suggest logical foundation and points which are necessary for establishing E-commerce cf Korean shipping companies' development strategy and activation plan. In order to do empirical analysis, two step analyses are adopted. Firstly, this study examines the effects of the shipping company character and the shipping environment character on the usage of E-commerce in the shipping companies. Secondly, this study examines the effects of usage of E-commerce on the performance in shipping companies. In the empirical analysis, research hypotheses are being tested mainly by a structural equation model(SEM).

An Empirical Study on the Effects of the Internal Company Factors and External Environment Factors on the Usage Level and Performance of Electronic Commerce in the Shipping Companies- Primarily on the Liner Shipping Business - (해운기업에 있어서 기업내부요인 및 외부환경요인이 전자상거래 활용수준과 성과에 미치는 영향에 관한 실증연구 - 정기선해운영업을 중심으로 -)

  • Cho Kyung-Woo
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2006.06b
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    • pp.259-264
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    • 2006
  • The purpose of this study is to suggest logical foundation and points which necessarily for establishing E-commerce of Korean shipping companies' development strategy and activation plan. In order to empirical analysis, two step analyses are adopted. Firstly, this study examines the effects of the shipping company character and the shipping environment character on the usage of E-commerce in the shipping companies. Secondly, this study examines the effects of usage of E-commerce on the performance in shipping companies. In the empirical analysis, research hypotheses are being tested mainly by a structural equation model(SEM).

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A Study on the Factors affecting Usage of e-business in the Shipping Companies (해운기업의 e-비즈니스 활용과 영향요인에 관한 연구)

  • Cho, Kyung-Woo
    • Journal of Navigation and Port Research
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    • v.30 no.8 s.114
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    • pp.669-674
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    • 2006
  • The purpose of this study is to examine the effects of the factors on the usage level of e-business in the shipping companies. In order to do empirical analysis, firstly, this study carried out reliability analysis and factor analysis. Secondly, this study examined the effects of the factors on the usage level of e-business in the shipping companies by multiple regression analysis. In conclusion, the analysis result revealed that 5 factors effect on the service business usage's level and 4 factors effect on the real transaction usage's level of e-business.