• 한국항해항만학회지
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• 제48권2호
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• pp.104-108
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• 2024

This study investigates the relationship between national controlling fleets and the managerial performance of ship management companies in Korea. As industries clearly show interrelations between upstream and downstream entities , it is likely that the managerial performance of ship management companies in Korea is affected by the size of national fleet. Therefore, the present study analyzes the impact of Korean fleet size on the growth and the profitability of ship management firms. To this end, the performances of 10 major ship management companies in the period from 2012-2022 are examined through panel data regressions. The results indicate that the size of the national fleet has a positive impact on growth in both the assets and the sales of ship management companies. Specifically, the size of the Korean-flagged fleet is the most crucial factor, while that of the foreign-flagged fleet has no significant effect. In stark contrast to the findings regarding growth, the size of national fleet is found to have no significant impact on the profitability of ship management companies. This study's findings are expected to provide valuable implications informing both the managerial decision-making of ship management companies as well as policy-making for shipping and its related industries.

• 한국대기환경학회지
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• 제30권4호
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• pp.327-338
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• 2014

The objective of this study is to enhance the effectiveness of Korean Inspection and Maintenance (I/M) program. Three main tasks are: to measure pollutant emissions of in-use light-duty diesel vehicles (LDVs); to evaluate the validity of existing smoke control scheme for low-smoke-emitting vehicles, which have diesel particulate filters, DPF, to meet stringent Euro-5 emission limits; and to assess the necessity and the benefit of $NO_x$ inspection, which is not involved in current I/M program. We measured second-by-second smoke, particulate and gaseous emissions of 27 LDVs using opacity smoke meter, photo-acoustic soot sensor, and portable emissions measurement system, respectively, under the Korean I/M test driving cycle, KD-147. We find that the DPF plays a key role in controlling soot, which can be considered as black carbon contained in particulate matter. Thus, from an I/M perspective, we believe smoke inspection strategies for Euro-5 diesel vehicles should be more focused on the capability of detecting DPF malfunctions or failures, in order to keep DPF properly functional. Fleet averaged distance-specific $NO_x$ emissions are consistently higher than corresponding emission limits, and the values are similar among pre-Euro-3, Euro-3, and Euro-4 vehicle fleets. These findings indicate that the $NO_x$ inspection should be incorporated into current I/M program in order to manage urban $NO_x$ emissions. This research allows the Korean I/M program keep pace with developments in vehicle technologies, as well as the increased emphasis on $NO_x$ with respect to air quality and human health.