• Title/Summary/Keyword: korean shipping companies

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An Empirical Study on the Performance Improvement Strategy for Korean Shipping Companies by the Balance Score-card (외항선사의 성과개선 구축전략에 관한 실증연구)

  • Ahn, Ki-Myung;Um, Man-Sung;Ha, Min-Ho
    • Journal of Navigation and Port Research
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    • v.32 no.3
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    • pp.185-192
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    • 2008
  • This paper firstly aims to classify the applicability of the Balanced Scorecard approach to Korean ocean-going shipping firms' management system. The applicability of this approach from Korean shipping firms using Balanced Scorecard will create more effective and efficient organizational performance with reflecting non-financial indexes and making a balance among missions in organization. Secondly, the paper suggests positive information and theoretical evidences to improve Korean shipping firms' management system with examining an availability of the Balanced Scorecard as one method of management tools. So these factors are analysed by structural equation model. This study provides CEO in Korean ocean-going shipping firm the guideline and availability of the Balanced Scorecard as to what kinds of factors should be considered and what is the most critical factor to adopt the BSC into their business.

Efficiency Analysis of Korean Major Ship Management Corporations (국내 주요 선박관리기업의 효율성 분석에 관한 연구)

  • Jeon, Junwoo;Lee, Taehwee;Yeo, Gi-Tae
    • Journal of Korea Port Economic Association
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    • v.28 no.4
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    • pp.79-98
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    • 2012
  • There is scant of research regarding the efficiency measurement of the ship management business. This paper aims to analyze the relative efficiency within the Korean Major Ship management corporations, to select the relatively low effective companies, and to suggest the improvement strategies for those. As a research methodology, Data Envelopment Analysis (DEA) applied to the top 20 corporations among Korean and Foreign Shipping Liners in Korea. To draw out the efficiency of targeted terminals, the number of ship managed is used as an input variables while, the number of crews and the total sales are utilized as an output variables. As a result. Haeyoung Maritime services is the most efficient corporations in Foreign Shipping Liners. Among Korean Shipping Liners, Panstar Shipping, Korea Lines, STX marine and Woolim Shipping are relatively efficient corporations which are scored BCC 1.

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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Empty Containers Distribution Problem considering the Container Ship Route (컨테이너선의 경로를 고려한 공 컨테이너의 분배 문제에 대한 연구)

  • Shin, Sang-Hoon;Moon, Il-Kyeong
    • Journal of Korean Institute of Industrial Engineers
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    • v.35 no.1
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    • pp.92-100
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    • 2009
  • Today international trade through maritime transportation is significantly increasing. Due to this increase, shipping companies are faced with problems concerning the repositioning of empty containers from import dominant ports. The liner shipping service network has been provided to transport containers which load customers' freights. Container ships are moved on the liner shipping service network by observing the predetermined route and transportation time. This research deals with the empty containers distribution problem considering the container ship route. A mathematical model based on the mixed integer program has been introduced in this study. The objective is to minimize the total relevant costs of empty containers such as handling, leasing, and inventory holding, etc. Due to the complexity of the problem, a genetic algorithm has been suggested to solve large sized problems within a reasonable time. Numerical experiments have been conducted to show the efficiency of the genetic algorithm.

The Assessment and Evaluatin of International Safety Management Code

  • Gu, Wenxian;Wang, Jianping
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 1997.10a
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    • pp.63-69
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    • 1997
  • A series of internatinoal standards in connection with safety of ships, safety management and operation of company, and pollution prevention at sea has been provided in ISM. And that Cheapter IX has been adopted in SOLAS with ISM as its annex gives this code mandatory effect On the eve of the implementation of ISM by IMO. Administrations, classifications, other maritime industry organizations as well as all shipping companies assessmentand evalution have been made inthis paper to thedevelopment of marine safety culture through the discussion of the general recognition of safety culture by IMO and her Contracting States, thenecessity for establishing unity of benefit and safety in a shipping company, the development of scientific safety managment systems and new reflections of safety culture in internation shipping industries.

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A Study on the Improvement Scheme of Quality Management System for Shipping & Port Operation Company (해운항만업체의 품질경영시스템 개선방안에 관한 연구)

  • Ahn, Ki-Myung;Hong, Sog-Min;Kim, Hyun-Duk
    • Journal of Navigation and Port Research
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    • v.30 no.8 s.114
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    • pp.675-683
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    • 2006
  • From Quality Management System in early 1990, through Safety Management System in 1998, to Maritime Security System in 2002, the shipping/port industries had no choice but to accept such management systems as occasion demands or compulsory in recent 10 years. Furthermore some companies have introduced other system such as Environment Management System(ISO 14000), Occupational Health & Safety Assesment Series(OHSAS 18000) additionally. But most companies have introduced & implemented the quality, safety & security management system generally. This paper is to suggest the effective measurement & improvement plan of Quality Management System.

On the Performance Evaluation of the Chinese Container Liner Shipping Companies: A Case Study on COSCON, CSCL, and Sinolines by Applying an AHP Model

  • Zhang Xiao-Ling;Shin Han-Won;Lee Soo-Ho
    • Journal of Navigation and Port Research
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    • v.28 no.9
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    • pp.775-781
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    • 2004
  • This study aims at helping Chinese container liners keep constant competitiveness in the heated competition Analytic Hierarchy Process (AHP), a mathematics-based, multi-criteria decision analysis methodology is applied in the study to the performance evaluation on the three biggest Chinese container liners: COSCON, CSCL, and Sinolines. Through the final results of AHP model, we completely learn the current situation of Chinese liners, therefore they are able to enhance the competitive advantage from modifying operation strategy and competition strategy in accordance with the shipping market.

Efficiency Measurement of Major Container Terminals in Asia

  • Ryoo, Dong-Keun;Yu, Song-Jin;Sharma, M.J.
    • Journal of Navigation and Port Research
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    • v.30 no.4
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    • pp.267-275
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    • 2006
  • Due to the growth of container traffic and port competition, ports have increasingly been under pressure to improve their efficiency in port operation and port management for competitive edge. The purpose of this study is to compare the technical efficiency among major container terminals in China, Korea and Singapore using Data Envelopment Analysis (DEA). This paper analyses the returns-to-scale using the output orientation of VRS and CRS model. The benefits of this study examining the relative performance of container terminals will enable container terminal operating companies or port policy makers in those countries to identify current slacks and to set up a proper port management and operation plan to improve their productivity.

Analysis on the Relation Between Port Competition Players and Port Selection Factors (항만경쟁 주체와 항만선택 결정요인간 관련성 분석)

  • Kim Tae-Won;Kim Yul-Seong;Kwak Kyu-Seok;Nam Ki-Chan
    • Journal of Navigation and Port Research
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    • v.30 no.3 s.109
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    • pp.219-226
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    • 2006
  • To correspond actively to international economy, shipping and port environment change, world main ports have converged in competitiveness raising. However, existing researches have been intensively analyzed port competitiveness on among ports. So, this study analyzes the relations between the main factors of port selection and port competition players: central government, port authority, terminal operators, shipping companies, etc. This paper has a purpose that each port competition player makes a competitive strategy in accordance with this study. First, this study reviewed shipping and port market's environment change and port selection decision factors to correspond to these environment changes and on the basis of this review analyzed relativity between component port competition players and port competition factors. However, port authorities and terminal operators appeared high relevance about in side of expense, service, facilities etc. Because port authorities offered incentive to pull many shipping companies to their ports and terminal operators managed port authorities' ports. But we could deduce high relevance according to other market players' properties without port authorities and terminal operators. Port marketing strategy establishment among port competition players is available on the basis of these factors.

Satisfaction Analysis of On-board Training in Shipping Companies: Impacts on Company Improvement Plans (위탁승선실습 만족도 분석을 통한 개선 방안 연구)

  • Kim, Jin-Seon;Kim, Joo-Hye;Kim, Yul-Seong
    • Journal of Navigation and Port Research
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    • v.45 no.1
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    • pp.1-8
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    • 2021
  • The purpose of this study was to explore the regulations and operational problems of on-board training, and to investigate and analyze the satisfaction level of consignment on-board training among students who completed their training at Korea Maritime & Ocean University. In terms of satisfaction differences by gender, female students generally had a higher relative satisfaction level than male students. The different types of satisfaction in the navigation and engineering categories, the overall practical effect and satisfaction level of the training records shows that the satisfaction level of the trainee is much lower than that of the trainee, so relevant educational institutions and shipping companies need to take measures to improve the satisfaction level of this part. The most important part of the comprehensive company evaluation completed by trainees asked whether they thought the training was equivalent in labor to the employees. Results suggest shipping companies must make a clear distinction between employees and trainees, while establishing relevant internal procedures so that the on-board training process can be carried out in accordance with the purpose of the on-board training consignment.