• Title/Summary/Keyword: korean shipping companies

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A Study on the Productivity Measurement and Effect Factors of Management Evaluation in Public Firms with a Focus on the Port Authorities

  • Eom, Ki-Yong;Ahn, Ki-Myung
    • Journal of Navigation and Port Research
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    • v.44 no.5
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    • pp.400-406
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    • 2020
  • In this study, we first measured the malmquist productivity index by DEA among the Korean public firms. Second, there are 12 public corporations whose productivity (MPI) has decreased compared to 2014. This is mainly because of a decrease in productivity, as well as a decrease in the technical efficiency change index (TECI), impacted by the internal environment, and the increase in productivity because of an increase in the technology change index (TCI) impacted by the external environment. Finally, the analysis of the impact on the management assessment scores showed that the productivity (MPI), scale efficiency (CRS), size of sales, operating profitability, and total capital investment efficiency are significantly related (+), except for the asset turnover, which is a static financial ratio. Meanwhile, the management evaluation scores between the high-productivity public corporations and low-performing public corporations were significantly discriminating. Thus, it is confirmed that the nation's state-run companies must manage their MPIs in a time series to score high in management evaluation.

A Study on the Relation of International Arbitration and Lex Abitri under Arbitration Act 1996 (1996년 영국중재법상 국제중재와 Lex Arbitri의 관계에 관한 연구)

  • HAN, Nak-Hyun;HUR, Yun-Seok
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.76
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    • pp.49-76
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    • 2017
  • Lex arbitri, a law that regulates arbitration procedures at arbitral seat, can be viewed as an additional procedural law. In addition, the lex arbitri refers to mandatory provision imposed by each country on arbitrators in their own territory. The reason is that the lex arbitri often relates to matters of public policy of the place of arbitration. In Korea, the LMAA terms is frequently mentioned in the shipping industry in Korea, and the LMAA terms clause is often set up in the contract between Korean companies. However, the study of the UK Arbitration Act 1996, which regulates the LMAA arbitration, is not so much in Korea. On the other hand, Lex Arbitri, a corporation that regulates mediation procedures in arbitration, can be viewed as an additional procedure. There may also be procedures that must be followed compulsorily by the Arbitration Act of Arbitration. The reason is that Lex Arbitri seems to be related to the public policy of the arbitration. Therefore, the arbitration law of the country of arbitration seat may be the most important regulations in relation to the legality of the arbitration procedure. If the proceedings of the arbitration violate the Lex Arbitri, the arbitral award may be nullified. The purpose of this study is to analyze the arbitration theory, international arbitration and Lex Arbitri, focusing on the UK Arbitration Act 1996.

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Torsional Vibration Characteristics of Shaft Generating System Direct-coupled with Low-speed Two Stroke Diesel Engine (저속 2행정 디젤엔진과 직결된 축발전기의 비틀림 진동 특성)

  • Barro, Ronald D.;Kim, HongRyul;Truong, Hoang Nam;Lee, Donchool
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.27 no.1
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    • pp.14-19
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    • 2017
  • Fuel oil consumption cost varies depending on every ship operation and this roughly amounts to 70 % of shipping companies' total revenue. As such, efforts towards improved fuel economy are being pursued. An annual 1 % reduction in fuel consumption is perceived to result in saving tens million US dollars on the global fleet operation. One approach is the application of power take-off configurations which are seen to increase fuel oil economy and are suitable for power generation. In this study, the dynamic properties of a shaft generator coupled on a 10S90ME main engine of an 18 600 TEU container vessel is presented. The vibratory torque and angular velocity variation was examined through theoretical analysis and actual vibration measurement. The result of the study suggests a review on existing classification rules for generator design and the lowering of vibratory torque and angular velocity variation guideline.

A Study on Improvement Measures for Mariner's Education and Training with Changes of International Maritime Environment (해운환경 변화에 따른 해기사 교육의 개선책)

  • 양시권
    • Journal of the Korean Institute of Navigation
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    • v.17 no.2
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    • pp.1-27
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    • 1993
  • As the education of maritime college has a characteristics of seafaring professional institutions, the potential benefit following from the employment of seafarers would put substantial impact on it. The socio-economic position of seafaring occupations has been deteriorated considerably with changes of ship's auto-mation, specialisation and low cost operation management of shipping companies through severe internatio-nal competitions. The quality and number of applicants for the maritime college has declined and most students have no hopes for the study of seafaring subjects which followed bewildering in their college days. However, the demands for seafarers are fairly large from the viewpoint of national maritime industry. The maritime institutions should not only meet these demands but also revitalise students by reforming the educational contents. The contents should be influenced by the social approach to educational needs in particular maritime shore-oriented subjects. The maritime education is no more restricted to the sea, it covers the land based world of the maritime industry as well. The new contents will lead the maritime educated students to the shore-based occupa-tions after finishing their seafaring if they want to. This may not only make ways to the maritime educa-tion fruitable, but also the students have a zeal and hope for the subjects taught.

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A Strategy for EMS Service Quality Improvement Using Kano Model and Improvement-Gap Analysis (카노모형과 개선갭분석을 이용한 EMS 서비스품질의 전략적 개선방안)

  • Kim, Myung Sub;Riew, Moon Charn
    • Journal of Korean Society for Quality Management
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    • v.43 no.3
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    • pp.397-408
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    • 2015
  • Purpose: Express mail service(EMS) supplied by 'Korea POST'is an international postal service which brings letters, documents and parcels to a destination abroad in the fastest and safest way. This service is in a tough competition with global companies such as TNT, FedEx, DHL or UPS. To build an effective strategy for being competitive, an intensive study on EMS service quality should be accomplished from a customer's perspective. Methods: Kano model and improvement gap analysis are used to categorize and prioritize EMS service quality attributes. A 5-point Lickert scale is employed to apply the Kano model and improvement gap analysis. Each quality attribute can be classified as weak in comparison with competitors, critical for improvement, or potentially competitive. Results: Price, on-time delivery and delivery quality are to be kept as is; fast delivery, parking convenience and staff expertise can be potentially competitive; and the other attributes are considered to be critical for improvement. Conclusions: Fast reimbursement and proper compensation when shipping items are lost or damaged are to be improved with high priority. Efforts to secure fast delivery, parking convenience and staff expertise are needed to be competitive in the future.

A Study on the Optimization of Fleet Operation for Industrial Carriers (인더스트리얼 캐리어를 위한 선대운영의 최적화에 관한 연구)

  • 김시화;곽민석
    • Journal of the Korean Institute of Navigation
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    • v.22 no.4
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    • pp.1-14
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    • 1998
  • There are three basic modes of operation of ships: liner, tramp and industrial operations. Industrial operations, where the owner of the cargo, i.e. the industrial carrier controls the ships, abound in the shipment of bulk commodities, such as oil, chemicals and ores. Industrial carriers strive to minimize the shipping cost of their cargoes. This paper is concerned with the operational optimization problem of a fleet owned by major international oil company. The major oil company is a holding corporation for a group of oil producing, transporting, refining, and marketing companies located in various countries throughout the world. The operational optimization problem of the fleet is divided into two-phases. The front end corresponds to the optimization of transporting crude oil, product mix, and the distribution of product oil to meet market demand. The back end tackles the operational optimization problem of the fleet to meet the transportation demand derived from the front end. A case study is carried out with the H major oil company problem composed by reflecting the practices of an international major oil company. The results are summarized and examined in the point of optimization for the total operation of the H major oil company and the operational optimization problem of the fleet. The paper concludes with the remark that the results of the study might be useful and applicable in practices of these related decision problems.

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Vehicle Booking System for Container Terminal Operation Efficiency (반출입 예약을 통한 컨테이너 터미널의 서비스 수준 향상)

  • Shin, Jae-Young;Park, Jong-Won
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2015.10a
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    • pp.165-166
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    • 2015
  • Due to the international economic downturn and the increasing competition, container terminals have been trying to achieve cost effectiveness and high service levels. Shipping companies want to get better services from container terminals but container terminals only have limited space and equipment. Frequently, too many external trucks come to the terminal at the same time, and create bottle necks at the terminals. Ouside the container terminals traffic jams occur as well. As a result, stakeholders need a vehicle booking system. By VBS, container terminals can plan efficiently in advance to avoid work delay and the truck drivers can finish their jobs quickly. This paper aims to search efficient models for the container terminals by using VBS.

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Research on the Sick and Wounded of Seafarers and Medical Support System (선원의 상병현황과 의료지원제도에 관한 연구)

  • Jun Seung-Hwan;Jeong Eun-Seok;Ha Hae-Dong;Kim Jeong-Gon;Lee Sang-Hyoun
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2006.06b
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    • pp.13-18
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    • 2006
  • In this paper, occurrence tendency of the sick and wounded on board ship is analyzed. The medical management systems according to shipping companies are investigated. Furthermore, comparative analysis with the medical support system for seafarers in advanced country is carried out.

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Structural Safety Evaluation of a 3-way Damper Valve for Scrubber-linked Exhaust Gas Control (스크러버 연계 배기가스 배출제어용 3방향 댐퍼밸브의 구조 안전성 평가)

  • Kim, Young-Hun
    • Journal of the Korean Society of Industry Convergence
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    • v.23 no.6_2
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    • pp.1007-1014
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    • 2020
  • IMO(International Maritime Organization) continues to strengthen environmental regulations on exhaust gases such as CO2, NOx, SOx. As for sulfur oxides, from 1 January 2020, all ships on international voyages must use fuel with a sulfur content of 0.5% or less. Or, it is obligatory to use an exhaust gas treatment device that has the same effect. Shipping companies are using low-sulfur oil, replacing them with LNG fuel, or installing scrubbers that suppress sulfur oxide emissions. In the case of ships using bunker C oil, the load on the engine is lower when entering and departing, so the exhaust gas pressure is lowered and the scrubber cannot be properly utilized. Therefore, diesel oil with low sulfur content is used when entering and leaving the coast. When diesel oil is used, exhaust gas is directly discharged through the control system and piping system, and when bunker C oil is used, sulfur oxides are reduced by scrubbers through other control systems and piping systems to discharge exhaust gas. Accordingly, a company has developed a system called a three-way damper valve that can control exhaust gas emissions while integrating these two control systems and piping systems into one. In this study, the control characteristics of the integrated exhaust gas control system and structural safety against external loads in a high-temperature exhaust gas environment were reviewed.

Changes in and Tasks for the Safety Management System for Port Workers: The Special Act on Port Safety (「항만안전특별법」 시행으로 인한 항만근로자 안전관리의 변화와 과제)

  • Miju, Kim;Seokhwan, Kim
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.32 no.4
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    • pp.449-455
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    • 2022
  • Objectives: In order to provide basic data for future researchers, this study aims to explore future tasks after reviewing the changes in port safety management due to the enforcement of the Special Act on Port Safety. Methods: The provisions of the Special Act on Port Safety were analyzed and the latest literature related to port safety management was reviewed. Results: There are two major changes that have stemmed from the Special Act on Port Safety: 1. The scope of application for port participants has been expanded, safety education has been made compulsory, and safety management plans have been established and implemented for each business site. 2. The government is operating a port safety consultative body for each port and has hired one port safety inspector for each of the eleven local maritime and fisheries offices across the country. Future tasks include elaboration of port safety accident statistics, strengthening shipping companies' responsibility for stevedore safety, the unification of contracts, and government interest and support for port safety facilities. Conclusions: The primary feature of the Special Act on Port Safety is the emphasis on autonomous safety management by participants in port transportation. In addition, the enactment of the special law has allowed the Ministry of Maritime Affairs and Fisheries to actively intervene in port loading and unloading safety.