• Journal of Navigation and Port Research
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• v.45 no.2
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• pp.54-60
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• 2021

The aim of this study is to determine the critical factors and construction requirements for a new deep-water seaport system in the Lach Huyen area in northern Vietnam. In this study, the Analytic Hierarchical Process (AHP ) method was used to evaluate the importance of the criteria and subcriteria. The results were as follows: the principal criterion "geographical location (0.151)" ranked as the most important criterion for building a new deep-water port system, which is affected by the subcriteria "direct sea route with mega-vessel" and "good liner connectivity index". The principal criterion "port competency (0.145)" ranked second; thus, it can be concluded that good competitiveness of a port' will provide many benefits to the port and the region. Regarding the implication, the established evaluation framework can be used for port construction to make a more reasonable judgment. In a future study, the scope of evaluation factors should be widened, involving participation of broader stakeholders, such as shipping companies, forwarders, and logistics companies.

• Journal of Korea Trade
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• v.26 no.2
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• pp.1-20
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• 2022

Purpose - Multiple stakeholders-including politicians, investors, and the wider public-have questioned the value of investing in port infrastructure improvements and the contributions they can make to economic performance. Design/methodology - This paper presents an empirical study of 56 countries with seaports from the year 2006 to 2019 to determine how the quality of port infrastructure affects its contribution in terms of trade openness and economic growth. To this end, this study applies hierarchical multiple regression analysis with panel data to empirically examine the economic impact of port infrastructure quality on the relationship between trade openness and economic growth. After the 56 selected countries were categorized as developed or developing, a multi-group panel data analysis was conducted. Findings - The results of this study show that trade openness has a significant positive effect on the national economy. The findings also indicate that, although developing countries should expect greater economic growth after investing in port infrastructure, this relationship weakens as developing countries become richer. Originality/value - The findings of this study not only elucidate the relationship between trade openness and national economic growth, but they also emphasize the importance of trade openness and port infrastructure in national economic growth, particularly among developing countries.

• Journal of Korea Port Economic Association
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• v.33 no.4
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• pp.17-36
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• 2017

In the modern economic context, it is apparent that there is a strong focus on the importance of global shipping industry. Recently, the world economic crisis has negatively influenced the industry with regard to both supply and demand, which has seen almost no sign of recovery. The fact that the entire industry is operating with low efficiency and at a low profit state has made all stakeholders anxious. This research examines the financial performance of the world's major shipping lines in order to give maritime stakeholders a closer look into the industry behind the ranking. Besides, the research evaluates the competitiveness of shipping companies in terms of financial ability and suggestions for strategic actions to stakeholders are provided. For these purposes, Fuzzy-C Means is used to cluster the selected lines into different groups based on their financial indices, namely liquidity, asset management, debt management and profitability. Levene's tests which are then followed by ANOVA tests are also utilized to assess the robustness of the clustering outcomes. The results indicate that liquidity, solvency and profitability act as the main criteria in the classification problem.

• Journal of Korea Port Economic Association
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• v.27 no.2
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• pp.39-57
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• 2011

Recently Incheon Port and Pyeongtak·Dangjin Port called as Capital Region Ports have enjoyed ever-increasing cargo volumes. However, there is a lack of research on this region while plenty of outputs were suggested on mega hub and regional hub ports in terms of shipping companies and stakeholders' port choice criteria. To identify and evaluate the Capital Region Ports, this paper identifies the factors and sub-components influencing their port choice and presents a structure for evaluating them. Based on the literature related to port selection and competition, a regional survey employed Factor Analysis to reveal that 'port facility and link', 'cost and service', 'port hinterland' and 'information service and port operation policy' are the determining factors in these regions. From the overall evaluation using Fuzzy Theory, Port of Incheon Port obtained high score compare to that of Port of Pyeongtak Dangjin.

• Journal of Korea Port Economic Association
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• v.33 no.4
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• pp.37-58
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• 2017

The implicit assumption of port selection studies based on survey and respondents' perceptions is that the preference of the port selection attributes is proportional to the selection behavior. Further, the straight lines of the port selection attributes could also have non-linear properties. This study confirms nonlinear characteristics of selection attributes by using Kano model. The findings of this study showed that several properties of carriers were evaluated as nonlinear characteristics, such as the intermodal links and network accessibility, and size of port and terminal. Hence, port service providers such as port authorities and terminal operating companiesl, should construct a port operation strategy that reflects the non-linear port selection characteristics of shipping companies. Since this study aimed at exploring the forms of port selection characteristics, long-term additional verification studies on ports and stakeholders at domestics and abroad were needed. The Kano model and importance-selection analysis method used for analysis and strategy establishment also need to be improved to capture evident characteristics and to present strategic guidelines.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2020.11a
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• pp.169-170
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• 2020

Although Busan Port is a world-class transshipment port, it is geographically divided and, despite the continuous increase in transshipment volume, ITT port integrated operation is not being performed, reducing port operation efficiency. In addition, the operation raises the problem of inefficiency in social and economic aspects, along with an increase in the volume of transshipment transport and the resulting increase in transshipment transport costs. This paper deals with the necessity of forming an integrated operation organization to carry out the ITT joint dispatch in the process of improving the ITT efficiency in Busan Port, and the organization structure centering on the transport companies and freight owners performing the Busan Port ITT. We intend to make a proposal for the establishment of an integrated operation organization in the form of a consortium and support plans. In addition, through analysis of implications, the role of the ITT stakeholders in Busan Port and related organizations will be addressed.

• Korea Trade Review
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• v.43 no.6
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• pp.193-214
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• 2018

The role of social value in public institutions has recently been emphasized. The purpose of this paper is to present key performance indicators(KPIs) and a development model for the realization of social value for port authorities. KPIs that could be quantitatively measured are presented with the five social value assessment indicators of the government management evaluation system for public institutions. Through the analysis of vision, mission and social value promotion strategies and stakeholders for each port authority, the concept of a customer-specific social value model is presented.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2017.11a
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• pp.32-33
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• 2017

As the era of e-navigation begins, the significance of harmonized collection, exchange, and integration of marine information conventional "ship-to-ship" and "ship-to-shore"/"shore-to-ship" has become more significant in ensuring safety and security at sea. This research aims to provide an internationally applicable list of Standard e-Navigation Phrases (SENP ) for communication in the e-Navigation environment, along with practical approaches to this. For this purpose, the importance of standardized communication phrases specific to e-Navigation will first be illustrated. In order to approach the e-Navigation phrases in a practical and pragmatic manner, means of compiling and processing authentic VHF linguistic data accumulated from one of the Korean ports, Ulsan, will be detailed. In addition, major outcomes to be considered in designing SENP will be suggested. Finally, future actions and a joint effort for the standardization of e-Navigation phrases among stakeholders will be sought.

• Journal of Navigation and Port Research
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• v.42 no.2
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• pp.79-86
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• 2018

Common Maritime Data Structure (CMDS) is commonly used by shore and ship users in e-Navigation data domain. In the overarching of e-Navigation architecture, IHO uses S-1XX, a digital exchange standard for next-generation marine information, as data exchange standard. The current CMDS has the advantage of intuitively recognizing the overall structure of e-Navigation. However, it has disadvantage in that it does not allow stakeholders to easily understand benefits that e-Navigation can provide when implementing e-Navigation. In this study, the direction of improving existing system for effective e-Navigation implementation was proposed considering RCOs (Risk Control Options) with expected composition of ship/ shore/ communication system by sector.

• International Journal of Knowledge Content Development & Technology
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• v.12 no.1
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• pp.35-47
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• 2022

This study adopted the descriptive survey research method. The population of this study comprised of the hearing impaired students in selected government secondary schools in Rivers state. The population of hearing impaired students in Rivers State is 257. A simple random sampling technique was used to select a sample size of 159. A self-developed instrument titled "Availability and Utilization of Library Information Resources Questionnaire (AULIRQ)" was utilized for data collection. 153 responses were collated, indicating a 96.2% response rate. The data collected was arranged and analyzed using frequency count, percentages, and mean and standard deviation. Finding reveals that information resources in the libraries understudied were inadequate and under-utilized. Also, it was established that among other barriers, under-funding is a major barrier to making information resources available for the physically challenged. It was recommended that schools offering special education for the hearing impaired should pace up in their developmental gap by providing such resources and ensure adequate funding by all stakeholders.