• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.13
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• pp.3-26
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• 2000

The International Chamber of Commerce published the millennium edition of its standard trade definitions, Incoterms 2000. Incoterms are a basic reference for sales contracts, in constant daily use throughout the world. The new version will make it easier for traders to do business in the new century, despite the growing volume and complexity of international transactions. Since Incoterms were first published in 1936, they have been updated six times. They precisely define the responsibilities of buyer and seller and are recognized as the international standard by customs authorities and courts in all the main trading nations. It is important for traders to incorporate the correct Incoterms into their international contracts to avoid unnecessary legal problems. Courts may otherwise interpret trade terms according to often widely divergent national laws and unless the use of Incoterms is specified, expensive legal disputes can arise. Division of costs is a most important element in every contract of sale. The parties must know not only who does what but also how costs resulting therefrom should be divided between them. In most cases the fact that a party must do something means that he must also bear the resulting costs, unless otherwise agreed. But there are many exceptions to this principle and uncertainties arise, particularly with respect to services performed by other parties. Also, difficulties arise with respect to the division of costs whenever additional costs are caused by unexpected events, such as hindrances causing a ship to deviate or to remain in a seaport longer than expected. The main principle of the division of costs is clear enough: the seller has to pay costs necessary for the goods to reach the agreed point of delivery, and the buyer has to pay any further costs after that point. But as noted, it is not always easy to implement this principle in practice, since the detailed distribution of functions under the various trade terms is not and cannot be fully defined in Incoterms. Instead, failing precise stipulations in the contract of sale, guidance must be sought from other criteria such as commercial practices used earlier by the same parties or the custom of trade.

• Land and Housing Review
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• v.8 no.4
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• pp.275-283
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• 2017

The aim of this study was to present the direction of sustainable urban regeneration through the study of planning characteristics of urban regeneration reflected upon 'SymbioCity' concepts. This study was carried out through theoretical review and case study. In the theoretical review, the theory of 'SymbioCity', one of Sweden's representative urban development models linked to the concept of sustainable development, was reviewed and the framework was derived based on this theory. The framework of this study was finally derived from 'energy', 'ecology and environment', and 'historical and cultural resources'. The case study was conducted by selecting three urban regeneration projects($V{\ddot{a}}strahamnen$ BO01, Royal seaport and HafenCity Hamburg) in Sweden and Germany. Based on the results of case analysis, the direction of sustainable urban regeneration is as follows. First, in terms of energy, we should pay attention to synergy between energy and waste and energy production. Second, in terms of ecology and environment, plans should be made to maximize the use of existing resources in order to conserve natural resources and reduce energy consumption and economic costs. Third, in terms of historical and cultural resources, it is necessary to consider ways to preserve and recycle existing buildings with historical and cultural values. Finally, for the successful application of the planning elements, it is necessary to find the most appropriate application method through steady R&D in the country or project unit.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2011.06a
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• pp.376-378
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• 2011

Hamburg is going with the HafenCity Project to create new urban space for city's bustling central district. HafenCity will add an additional 155 hectares to Hamburg's central urban area, increasing its total area by some 40 percent. The new developments in HafenCity will be oriented towards the River Elbe and the great seaport. Its centre will have a close relation to water. They will be used for the construction of a fascinating mix of residential accommodation, offices, cultural and leisure amenities, retail facilities and restaurants set in a framework of an elaborate urban layout. This study is focusing on the purpose of the project goals, the task of the Hamburg authorities and GHS (Gesells chaft f$\ddot{u}$r Hafen und Standortentwicklung) and an urban planning ideas competition (draft masterplan). Regarding of the new trend of the reurbanisation in Europe, the aim of this study will be to find out, in which way Hafencity is trying to develope the new city district as a model for the European inner city of the 21st century.

• Acta Via Serica
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• v.6 no.2
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• pp.91-116
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• 2021

India has had a rich and diverse textile tradition since the 3rd millennium BCE. The origin of Indian textiles can be traced back to the Harappan period. Owing to the hot and humid climate in most parts of India, cotton has remained India's favourite choice of fabric for normal use. Thus, India is supposed to be the first nation to have grown, woven, and patterned cotton fabrics. Moreover, India is one of the leading cotton-growing countries in the world. The earliest occurrence of cotton thread in India is roughly datable to 4000 BCE and of dyed fabrics to about 2500 BCE. Large numbers of needles and spindle-whorls found in Harappa and other early historic sites in India reveal the prosperous state of textile production and its trade in the early period. The textile producers used a wide range of skills to process raw materials and make regionally idiosyncratic dyes, weaves, prints, and embroideries. Additionally, the silk from wild indigenous forms of silkworms was known in the Indian sub-continent roughly contemporary with the earliest clear archaeological evidence for silk in China. The analysis of thread fragments found inside a copper bangle and ornament from Harappa and steatite beads from Chanhu-daro, have yielded silk fibers dating to 2500-2000 BCE. Apart from other products, cotton and silk textiles were important export materials from India right from the Harappan period. Actually, the sea-borne trade had played an important role in the economic growth and prosperity of the Harappan civilization. Several ancient seaports in the entire coastline of India played a vital role in the maritime trade during the Harappan period and cotton and silk textiles of Indian origin have been found in various countries. The contemporary writings and epigraphy have also attested to the vast maritime trade network of India and the export of textile materials. The paper discusses in detail the origin and development of cotton and silk textile production in India through the ages and its role in maritime trade networks.

• Journal of Ocean Engineering and Technology
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• v.35 no.5
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• pp.382-392
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• 2021

In recent years, floating offshore wind turbines have attracted more attention as a new renewable energy resource while bottom-fixed offshore wind turbines reach their limit of water depth. Various projects have been proposed with the rapid increase in installed floating wind power capacity, but the economic aspect remains as a biggest issue. To figure out sensible approaches for saving costs, a comparison analysis of the levelized cost of electricity (LCOE) between floating and bottom-fixed offshore wind turbines was carried out. The LCOE was reviewed from a social perspective and a cost breakdown and a literature review analysis were used to itemize the costs into its various components in each level of power plant and system integration. The results show that the highest proportion in capital expenditure of a floating offshore wind turbine results in the substructure part, which is the main difference from a bottom-fixed wind turbine. A floating offshore wind turbine was found to have several advantages over a bottom-fixed wind turbine. Although a similarity in operation and maintenance cost structure is revealed, a floating wind turbine still has the benefit of being able to be maintained at a seaport. After emphasizing the cost-reduction advantages of a floating wind turbine, its LCOE outlook is provided to give a brief overview in the following years. Finally, some estimated cost drivers, such as economics of scale, wind turbine rating, a floater with mooring system, and grid connection cost, are outlined as proposals for floating wind LCOE reduction.

• Journal of Korea Port Economic Association
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• v.35 no.1
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• pp.117-138
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• 2019

This paper examines Korea's top 30 authors, in the maritime transportation field to compare their world ranking. The analysis covers the affiliation of the authors and their articles published in 65 SSCI and SCI journals on maritime and transportation over a 16-year period (2000-2015). The following three indicators are used for ranking: number of papers; the weighted score that reflects the contribution of the authors; and the impact score, which considers the impact factor. The two most active two schools are Pusan National University and Inha University. Star players are deemed to have contributed greatly to boosting the ranking of their affiliated institution. The institutions that are located in a city that is a seaport show higher research outcomes. Because of the fall in the proportion of Korean papers in the total papers published globally on maritime transportation, the country's future rankings are likely to suffer.

• Structural Monitoring and Maintenance
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• v.10 no.1
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• pp.25-42
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• 2023

Despite the significance of ports as critical economic infrastructure, the berth facilities usually deteriorate due to heavy loading, unloading, aging, environmental weather conditions, marine growths, and lack of efficient maintenance management. Marine berths require proactive maintenance management to limit deterioration and defects as no berth facility is maintenance-free. Thus, delay in carrying out maintenance work for the marine berths can be devastating to the operational process involving ship entry, loading, and unloading operations. The aim of this research is to coordinate both operations work, and maintenance works that take place inside the berth of a local industrial port in Saudi Arabia, by developing a novel framework that integrates both works without affecting the efficiency and functionality of the berth. The study focused on defining the operational process of the port and identifying the elements with direct and indirect effects. In addition to determining the priority for the entry of ships inside the berth, it also identified the factors involved in designing a framework that included maintenance work as a component of the monthly berth occupancy schedule. By applying a mathematical model, a framework was established, which includes all the important elements of the process. As a result of the mathematical method formulation process, a database was designed that organizes and coordinates the operations of all berths within the port. This creates time to carry out the required maintenance work monthly as well as ease of coordination with the contractors responsible for the implementation of those works.

• Korea Trade Review
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• v.45 no.3
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• pp.35-54
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• 2020

China's 'One Belt One Road' initiative has had a profound impact on China's relationship with Central Asia, which shares borders at North-western region. Central Asia plays an important role in securing the export market of Chinese products, supply of raw materials, and transportation route to Europe. The inland port is of significance to facilitate the development of logistics, trade and industry in the surrounding areas by enabling the distribution and import and export clearance in the region by performing the role of the seaport on the hinterland. The purpose of this study is to analyze the effect of the development of inland ports in central and western China on the geopolitical relationship between China and Central Asia. To this end, we analyze the status of inland port development in China's Midwest by employing the SWOT-PEST analysis method to analyze the current status as well as prospects of trade, investment and transportation routes with Central Asia in terms of geopolitics. As a result of the analysis, the relations between China and Central Asian Countries are becoming more politically and economically close, but it has brought about serious challenges by domestic and foreign environmental changes. Therefore, the development of the inland ports in central and western China are determined by the geopolitical relations under 'One Belt One Road' initiative between China and Central Asia, while the development of the inland port is also expected to serve as a catalyst for the development of both regions.

• Journal of Korea Port Economic Association
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• v.27 no.1
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• pp.185-212
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• 2011

The purpose of this paper is to show the empirical analysis way for measuring the seaport efficiency by using the previous radial model and the newly modified non-radial models( panel additive model, panel RAM model, and panel SBM model)with Spearman rank order correlation coefficient(SROCC) for 20 Korean ports during 11 years(1997-2007) for 1 inputs(port investment amount) and 4 outputs(Number of Ship Calls, Port Revenue, Customer Satisfaction Score for Port Service and Container Cargo Throughput). The main empirical results of this paper are as follows. First, consistency ratio of SROCC in terms of efficiency scores between radial and panel Additive model was over about 76% and overall consistency ratio was about 71.6%. Second, an efficiency of panel RAM model was higher than that of radial model with similarity. However, panel SBM model shows the very similar efficiency scores with panel radial model. Third, the slack size of radial model is smaller compared to non-radial model. Models' ranking orders in terms of efficiency scores, number of efficient ports are panel RAM model, panel SBM model, and radial model. The order from the minimum efficiency scores was the same order like just before. The policy implication to the Korean seaports and planner is that Korean seaports should introduce the new methods like non-radial models(panel additive model, panel RAM model, and panel SBM model) for measuring the port performance.

• Journal of Navigation and Port Research
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• v.28 no.1
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• pp.59-67
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• 2004

As the environment for international logistics varies according to the globalization in world economy, world-class seaports are struggling for the position as strongholds in their own block. As a new government begins its own era in Korea, they are positively implementing their strategies at the level of government for making the Korean Peninsula the logistics centre in North-eastern Asia, marking the most of its geographic advantage. As one of those strategies, it plans to foster a specific area as an international logistics base camp in Northeast Asia by activating its logistics industry through inducing multinational logistics enterprises. In reality, however, in order for Busan seaport, the late-comer, to induce investment from the world-class multinational companies, a considerably large volume of investment should be given from both central and local governments. Accordingly, the objective of this study is to assess its competitiveness and to suggest an activation plan for BSDFA(Busan Seaport Duty-Free Area), based upon the results of on-the-spot interviews in China and Japan. The survey for the respondent's preference by way of Conjoint Analysis indicated that Investment procedures and limitations get the highest 36.2％ preference, so the most critical strategy to be considered for attracting enterprises into DFA(Duty-Free Area) is to solve the problems related to the investment procedures and limitations. The simulation analysis results for market share showed that UAE has the highest preference and BSDFA the lowest preference among the five countries. However, when the levels of investment procedures and limitations and production costare upgraded, the competitiveness of BSDFA was elevated next to that of UAE among the 5 countries. Thus, in order for BSDFA to obtain competitiveness, it is implied that production cost level as well as investment procedures and limitations level, should be lowered so that it could meet companies' demand.