• Journal of Distribution Science
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• v.15 no.11
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• pp.59-72
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• 2017

Purpose - This paper evaluated the efficiency performance of the three major maritime transport markets and examined the determinants of the performance. The firms' revenue fluctuates with the changes of the economic cycle; hence it is important for them to set up business strategies to improve efficiencies. A lack of efficiency measurements for shipping firms leads to a significant gap in determining their overall performance. Research design, data, and methodology - Each of DEA scores was adopted for the evaluation and panel regression was used to examine the impact of determinants on the performance. The analysis included 50 shipping firms from three maritime transport markets as follows; 15 firms of container liners, 18 firms of bulk carrier and 17 firms of tanker carriers, and its period was from 2010 to 2016. Results - In the CCR model, container liners were the highest, tanker carriers were the second, and bulk carriers were the lowest in operation efficiency and financial efficiency. By region, operation efficiency and financial efficiency was high in the order of America, Asia, and Europe. Conclusions - This study suggests business strategies for maritime transport companies based on the analytical results of determinants of operational and financial efficiency.

• Journal of Navigation and Port Research
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• v.46 no.5
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• pp.441-448
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• 2022

The aim of this study was to examine determinants of secondhand Bulk carrier and Oil tanker prices. This study compiled S& P transaction data taken from the Clarksons Research during J anuary 2018 to April 2022 to see how independent variables influenced secondhand ship prices. In the secondhand ship pricing model of entire segments, size, age, and LIBOR showed significant effects on prices. A vessel built in J apan and Korea was traded at a higher price than a vessel built in other countries. In the bulk segment, size, age, Clarksea index, LIBOR, and inflation were meaningful variables. In the Tanker segment, unlike Bulk carrier, only size and age were useful variables. This study performed regression analyses for various sizes of Bulk carriers and Oil tankers. It verified that impacts of variables other than ship size and age were significantly associated with ship type and size while macroeconomic variables had no influence except for bulk carriers. By applying diverse variables affecting secondhand ship price estimation according to various sizes of Bulk carriers and Oil tankers, this study will expand the scope of practical application for investors. It also reaffirms prior research findings that the secondhand ship market is primarily market-driven.

• Journal of the Society of Naval Architects of Korea
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• v.46 no.4
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• pp.398-408
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• 2009

Crude oil carriers or product oil carriers are confronted with sea pollution due to hull damage from various accidents. To reduce the oil spillage of tankers, IMO(International Maritime Organization) and OPA 90(Oil Pollution Act 1990) adopted the hull structures of double skin type. In this study, oil spillage test of the double skin tanker with 1/100 scaled model was carried out under damaged condition due to collision and grounding accidents. A new structural type of oil tanker was also tested with pipe and valve system arranged in double side and single bottom hulls. Their results were compared with that of conventional type double hull on the view point of ship safety and oil spillage.

• Journal of Navigation and Port Research
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• v.34 no.9
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• pp.687-692
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• 2010

This study is to improve the marine traffic environment along the west coast of the Korean peninsular so as to prevent the traffic accidents of the dangerous cargo carriers. The most used routes of the vessels were investigated from GICOMS database and the questionnaire survey. Gwanjanghang Sudo strait and Maenggol Sudo strait were considered to have some potential risks to the vessels. In this study, the alternative routes were developed to substitute the current routes near Gwanjanghang Sudo strait and the new boundary line of The Traffic Prohibited Area for Tanker was suggested to contain the Maenggol Sudo strait.

• Journal of the Korean Society of Marine Environment & Safety
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• v.23 no.7
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• pp.767-774
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• 2017

Maritime traffic safety audits (MTSA) were enacted in order to ensure marine traffic safety throughout changes or the construction of water facilities, port facilities, etc. After the introduction of MTSA, the scope of subject vessels was restricted to an LOA of more than 100 m or a maximum speed of more than 60 knots as of 2014. In this study, the scope of subject vessels was re-examined in comparison with specific marine traffic safety areas and tanker prohibited areas identified in the maritime safety act. Furthermore, the state of subject vessels and exception cases for MTSA were also analyzed. As a result of these analyses, MTSA were deemed necessary for dangerous goods carriers of more than 1,000 G/T in specific marine traffic safety areas and dangerous goods carriers of more than 794 G/T in tanker prohibited areas. Finally, the necessity of further review was suggested given the present scope of subject vessels.

• Journal of the Society of Naval Architects of Korea
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• v.47 no.4
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• pp.598-605
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• 2010

The structural design of oil tankers and bulk carriers should be performed based on the Common Structural Rules(CSR) which were recently established by the International Association Classification Societies(IACS). At first, in the structural design viewpoint, the scantling and hullweight based on the CSR should be compared with those of existing rules, and then a minimum weight/cost design should be performed by considering the variation of the number of web and the material property. In this study, the optimum web space and material property will be proposed by performing a minimum weight/cost design of a large oil tanker, and the results will be compared with those of existing ship. The longitudinal members are determined by SeaTrust-Holdan developed by the Korean Register of Shipping(KR), and the transverse members are determined by NASTRAN and PULS.

• Journal of the Korean Society of Marine Environment & Safety
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• v.19 no.2
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• pp.145-154
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• 2013

HNS, including crude oil and products, shipments have increased. The risk analysis of HNS has assumed the importance, especially in maritime transportation area. There are various forms and kinds of HNS and the consequences of an accident are serious. In order to provide practical measures for preventing accidents, this study analyses the potential risks of HNS on maritime transportation accidents at domestic sea by using Event Tree Analysis. This study carries out risk assessment with F-N curve and risk matrix focusing on liquid cargo carriers (Oil and Products Tanker, Chemical Tanker, LPG/LNG Tanker, etc.). Explosion and sinking, suffocation indicate high consequence when on collision represent high probability. Improving human errors should be the main factor to mitigate risk on human lives.

• Journal of the Society of Naval Architects of Korea
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• v.52 no.3
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• pp.265-274
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• 2015

International organizations and classification societies established rules and regulations to which shipbuilders and ship operators should comply during design, construction, even operation keeping from hazard to life of crews and ocean environment. Hence, rules and regulations could be guidelines for design and construction of ship sometimes. In practical wise, ship structure designers be predisposed to design lightest and easy-to-product structures which satisfy rules and regulations. Therefore, changes of rules and regulations are remarkably important issue to related industries. In 2006, IACS established and released Common Structural Rules for Bulk Carrier and Common Structural Rules for Double Hull Oil Tanker. These CSRs are consolidated and unified rules of class society's rules. But these two rules are different from each other. IACS has plan to release unified rule of two ship type called Harmonized Common Structural Rule for Bulk Carriers and Oil Tankers. This new rule will be effective from July 2015. Hence, bulk carrier and double hull oil tanker whose contract date is on and thereafter July 2015 should be complied with CSR-H. Therefore, it is highly important to be aware of consequences and cause of consequences with respect to CSR-H. The object of this research is to compare requirements of structure scantling in way of midship area for selected target ship according to CSRs and CSR-H and to analysis cause of deviation between two rules.

• International Journal of Naval Architecture and Ocean Engineering
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• v.10 no.2
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• pp.180-187
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• 2018

Corrugated bulkhead has been adopted for cargo tank bulkheads of commercial vessels such as bulk carriers, product oil carriers and chemical tankers. It is considered that corrugated bulkhead is a preferred structural solution, compared to the flat stiffened bulkhead, due to several advantages such as lower mass, easier maintenance and smaller corrosion problems. Many researches to find the optimum shape of corrugated bulkhead have been mostly carried out for bulk carriers. Compared to corrugated bulkheads of bulk carriers, ones of chemical tankers are more complicated since they are composed of transverse and longitudinal bulkheads, and they are made of higher priced materials. The purpose of this study is the development of minimum weight design method for corrugated bulkhead of chemical tankers. Evolution strategy is applied as an optimization technique. It has been verified from many researches that evolution strategy searches global optimum point prominently by using multi-individual searching technique. Multi-individual searching methods need excessive time if they connect to 3-D finite element model for repetitive structural analyses. In order to resolve this issue, 2-D beam element connected to deck and lower stool is substituted for a corrugated structure in this study. To verify the reliability of the structural responses by idealized 2-D beam model, they have been compared with ones by 3-D finite element model. In this study, optimum design for corrugated bulkhead of 30 K chemical tanker has been carried out, and the results by developed optimum design program have been compared with design data of existing ship. It is found out that optimum design is about 9% lighter than one of existing ship.

• Journal of Ocean Engineering and Technology
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• v.15 no.3
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• pp.120-127
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• 2001

The potential pollution problems resulting from tanker collision necessitate the requirement for an effective structural design and the development of relevant safety regulations. During a few decades, the great effort has been made by the international Maritime Organization and the Administration, etc, to reduce oil spillage from collision accidents. However there is still a need for investigation in the light of structural evaluation method for the experiments and rational analysis, and design development for an operational purpose of ships. This study aims for investigating a complicated structural response of bow structures of simplified models and oil carriers for assessing the energy dissipation and crushing mechanics of the striking vessels through a methodology of the numerical analysis for the various models and its design changes. Through these study an optimal bow construction absorbing great portion of kinetic energy at the least penetration depth prior to reach to the cargo area and an effective location of collision bulkhead are investigated. In order to obtain a rational results in this study, three stages of collision simulation procedures have been performed step by step as follows; 1) 16 simplified ship models are used to investigate the structural response against bow collision with variation of primary and secondary members. Mass and speed are also varied in four conditions. 2) 21 models consisted of 5 sizes of the full scaled oil carriers are used to perform the collision simulation with the various sizes and deadweight delivered in a recent which are complied with SOLAS and MARPOL. 3) 36 models of 100l oil carrier are used to investigate the structural response and its influence to the collision bulkhead against bow collision in variation with location of collision bulkhead, primary members, framing system and colliding conditions, etc. By the first study using simplified models the response of the bow collision is synthetically evaluated for the parameters influencing to the absorbed energy, penetration depth and impact force, etc.