• 제목/요약/키워드: ship price

검색결과 122건 처리시간 0.023초

파나막스 중고선가치 추정모델 연구 (Panamax Second-hand Vessel Valuation Model)

  • 임상섭;이기환;양혁준;윤희성
    • 한국항해항만학회지
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    • 제43권1호
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    • pp.72-78
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    • 2019
  • 중고선은 신조선과 달리 시장참여자에게 즉각적인 시장 진출입 기회를 제공하기 때문에 해운산업에서 중요한 시장이라 할 수 있다. 중고선 거래 시 정확한 선가 추정은 향후 장기적인 자본비용의 부담과 직접적인 관련이 있기 때문에 투자의사결정에서 상당히 중요한 요소가 된다. 기존의 중고선시장과 관련된 연구들은 시장의 효율성검증에 치우쳐 있어 정확한 중고선가 추정을 위한 연구는 부족한 실정이다. 본 연구에서는 중고선박 가치추정에 전통적인 계량모델보다 기존연구에서 시도되지 않았던 인공신경망모델을 새롭게 제안하였다. 문헌연구를 통해 중고선 가격에 영향을 미치는 6개 요인(운임, 신조선가격, 총 선복대비 발주량, 해체선 가격, 선령, 사이즈)을 선정하였고, 데이터는 2016년 1월부터 2018년 12월까지 Clarkson에 보고된 파나막스 중고선의 실거래 기록 366건을 이용하였다. 변수선정을 위하여 상관분석과 단계적 회귀분석 실시한 결과 최종적으로 운임, 선령, 사이즈 3개의 변수가 채택되었다. 모델의 설계는 10분할 교차검증으로 인공신경망모델의 파라미터들을 추정하여 진행되었다. 인공신경망 모델의 중고선 가치추정치를 단순 단계적 회귀모형과 비교한 결과 인공신경망모델의 성능이 우수함을 확인하였다. 이 연구는 중고선 선가추정에 미치는 요인들에 대한 통계적인 검증, 성능개선을 위한 기계학습기반의 인공신경망 모델활용이라는 측면에서 차별적 의미가 있다. 또한 정확한 선가 추정이 요구되는 실무에서 통계적인 합리성과 결과의 정확성이 동시에 만족되는 과학적 모델을 제시하여 실무적으로도 도움이 될 것으로 기대한다.

An Experimental Study on Hydrodynamic Forces of Korea Autonomous Surface Ship in Various Loading Conditions

  • Nguyen, Thi Thanh Diep;Mai, Van Thuan;Lee, San;Yoon, Hyeon Kyu
    • 한국항해항만학회지
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    • 제46권2호
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    • pp.73-81
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    • 2022
  • Currently, shipping by sea is becoming common because of the low price and the safety of goods. The ship is designed as a larger vessel to meet the need of this development. In the design stage, the investigation of hydrodynamic forces acting on the ship hull is very important in predicting the ship's maneuverability. Given that the ship docks at various ports for loading or discharging goods, the ship usually operates in various loading conditions, depending on the site condition and other various factors. Hence, it is necessary to investigate the effect of the loading condition on the hydrodynamic forces acting on the ship, to most accurately determine the maneuverability of the ship. In this study, an experiment of Korea Autonomous Surface Ship (KASS) was conducted at the towing tank of Changwon National University to measure the hydrodynamic forces acting on the KASS. The loading condition considered in this experiment is determined based on the draft, which was decreased by 5% for each loading condition. The smallest draft is 85% of the design draft. The static test as Oblique Towing Test (OTT), Circular Motion Test (CMT), Circular Motion Test with Drift (CMTD) is performed in the various loading conditions. First, the hydrodynamic forces in the Oblique Towing test (OTT) are compared with the result of other institutes. Second, the hydrodynamic forces in various drift angle, yaw rate and loading conditions are measured. Finally, the influence of the loading conditions on the hydrodynamic coefficient is discussed.

An Estimation of Springing Responses for Recent Ships

  • Park, In-Kyu;Kim, Jong-Jin
    • 한국해양공학회지
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    • 제19권6호통권67호
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    • pp.58-63
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    • 2005
  • The estimation of springing responses for recent ships is carried out, and application to a ship design is described. To this aim, springing effects on hull girder were re-evaluated, including non-linear wave excitations and torsional vibrations of the hull. The Timoshenko beam model was used to calculate stress distribution on the hull girder, using the superposition method. The quadratic strip method was employed to calculate the hydrodynamic forces and moments on the hull. In order to remove the irregular frequencies, we adopted 'rigid lid' on the hull free surface level, and addedasymptotic interpolation along the high frequency range. Several applications were carried out on the following existing ships: The Bishop and Price's container ship, S-175 container ship, large container, VLCC, and ore carrier. One of them is compared with the ship measurement result, while another with that of the model test. The comparison between the analytical solution and the numerical solution for a homogeneous beam-type artificial ship shows good agreement. It is found that Most springing energy comesfrom high frequency waves for the ships having low natural frequency and North Atlantic route etc. Therefore, the high frequency tail of the wave spectrum should be increased by $\omega$$\^{-3}$ instead of $\omega$$\^{-4}$ or $\omega$$\^{-5}$ for the springing calculation.

An Estimation of Springing Responses for Recent Ships

  • Park In-Kyu;Lee Soo-Mok;Jung Jong-Jin;Yoon Myung-Cheol
    • 한국해양공학회:학술대회논문집
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    • 한국해양공학회 2004년도 학술대회지
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    • pp.173-178
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    • 2004
  • The estimation of springing responses for recent ships are carried out and application to a ship design are described. To this aim, springing effects on hull girder were re-evaluated including non-linear wave excitations and torsional vibrations of the hull. The Timoshenko beam model was used to calculate stress distribution on the hull girder by the superposition method. The strip method was employed to calculate the hydrodynamic forces and moments on the hull. In order to remove the irregular frequencies, we adopted 'rigid lid' on the hull free surface level and added asymptotic interpolation along the high frequency range. Several applications to the existing ships were carried out. They are Bishop and Price's container ship, S-175 container ship, large container, VLCC and ore carrier. One of them is compared with ship measurement result while another with that of model test. Comparison between analytical solution and numerical one for homogeneous beam type artificial ship shows good agreement. It is found that most springing energy came from high frequency waves for the ships having low natural frequency and North Atlantic route etc. Therefore, the high frequency tail of the wave spectrum should be increased by $\omega^{-3}\;instead\;of\;\omega^{-4}\;or\;\omega^{-5}$ for springing calculation.

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Economic Optimization Study for a $125,000m^3$ Class LNG Carrier

  • Lee, Kyu-Yeul;Lee, Dong-Kon;Jung, Ho-Hyun;Lee, Chul-Hee
    • 대한조선학회지
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    • 제21권4호
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    • pp.1-9
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    • 1984
  • This study is concerned with the economic aspects of $125,000m^3$ class LNG carriers with different propulsion plant such as conventional steam turbine and slow speed diesel engine with reliquefaction plant. The ship's speed and L/B ratio were optimized with criterion of required freight rate(RFR) by using the PROCAL computer program package. In order to investigate the effect of fuel oil price, round trip distance and boil-off rate on the RFR and the optimum speed, sensitivity analysis were also performed.

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국제해상운송계약상 정기용선계약의 조기반선계약위반으로 인한 손해배상액의 산정문제에 관한 연구 (Study on Assessment of Damage arising from Breach of Contract for Early Redelivering Vessel of Time Charterers under International Contract of Transport by Sea)

  • 주세환;한낙현
    • 무역학회지
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    • 제45권1호
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    • pp.119-135
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    • 2020
  • It is well-known that if a claim for damage [Note: Damage can be singular or plural] is made based on a breach of contract, calculating the existence and magnitude of certain profits to be deducted based on the damage can be problematic. In the case of a time charter party, even if the early redelivering vessel by the time charterers constitutes a breach of contract, it is still not an exception. In particular, interest in the shipping business seems to be relatively high in terms of how claims for damage by ship owners have been adjusted. In the case of the New Flamenco, there is a debate over whether or not to deduct the difference between the sale price immediately after redelivering the ship and the sale price upon expiration of the contract from the damage based on the breach of contract for the early time charter redelivery vessel. This paper focuses on this case since it appears to be of practical importance and has implications on how to calculate the amount of damage in the case of cancellation for early redelivery vessel in a time charter party.

친환경 선박 개발에 따른 해외 그린수소 수입에 대한 탄소 배출 영향 및 수소 단가 분석 (Analysis of Carbon Emission Effects and Hydrogen Prices for Overseas Green Hydrogen Imports by Development of Green Ship)

  • 김도형;최예빈;오지현;박철호
    • 한국수소및신에너지학회논문집
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    • 제35권1호
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    • pp.1-13
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    • 2024
  • Hydrogen is emerging as an essential material for carbon neutrality. In particular, Korea needs 22.9 million tons of imported clean hydrogen by 2050 to achieve carbon neutrality. However, a large amount of carbon is emitted during the import process, and market regulations are being discussed. This research estimates the carbon emissions of importing green hydrogen from Vietnam, Australia, and the United Arab Emirates to Korea, and calculates imported green hydrogen prices under carbon emission market regulations.

매도후임대의 리스크 대비 성과의 비교분석: 선박투자회사 출자 및 선박 인수 사례를 중심으로 (A Comparative Analysis of Risk-to-Performance of Sale and Lease Back: Based on the cases of ship investment company investment and ship acquisition)

  • 장욱
    • 아태비즈니스연구
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    • 제12권1호
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    • pp.135-149
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    • 2021
  • Purpose - I analyzes risk-to-performance evaluated in the market using data from sale and lease back. Specifically, I analyze from the perspective of financial institutions that purchase sale and lease back based on the cases of investment by ship investment companies and acquisition of ships. Design/methodology/approach - I use 49 sale and lease back data from 2017 to 2019 for empirical analysis. Findings - The main results of this paper are as follows. First, after sale and lease back of domestic ships, the average amount of sales by the leased shipping company is 25.1 billion won, the average amount of investment by the purchased financial institution is 14.6 billion won (60%) and the average length of the ship is nine years. In ship finance, sale and lease back is deemed to be appropriately used as a means of restructuring for a large amount of money. Second, the main risk factor for sale and lease back of domestic ships is credit risk and can be measured in VaR in practice. As a result of the empirical analysis, the average credit risk burden ratio is 9%. As a major risk factor, low creditworthiness of restructuring companies is the key. Third, as a result of measuring the profitability of financial institutions that purchase sale and lease back of domestic ships at a net current price, it has an average value of 300 million won, but the deviation by case is very large. Fourth, the risk adjusted performance of sale and lease back of domestic ships is 0.54 on average compared to the total risk capital, and 0.52 compared to the stock-risk capital, and as with profitability earlier, the deviation of each case is very large and misaligned. In order to boost the sale and lease back market for large and long-term assets, in order to overcome low profitability as a prerequisite for future participation of commercial purchased financial institutions, it is expected that purchase decisions based on expectations versus risk will be necessary. Research implications or Originality - The results of this paper are expected to broaden the understanding of sale and lease back and foster the ability to assess long-term risk and performance. Based on this, it is believed that rapid restructuring of companies through sale and lease back of large amounts of long-term assets will greatly increase the utility of the domestic financial market.

금융환경 변동 하에서 실적가치 기법에 의한 함정건조사업 관리 방안 연구 (Study on Project Management Method of Naval Ship Building in Monetary Fluctuations)

  • 김형만;서관희;김수영
    • 대한조선학회논문집
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    • 제42권5호
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    • pp.542-549
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    • 2005
  • Naval ships are complex weapon systems which play the integrated performance by system integration of many kinds of weapon systems and their leading ships are usually not disposed after test and evaluation but militarised. Then, strict project management is required for naval ship building projects by identifying problems early and by taking prefer measures in time against unexpected situations encountered in the process of the projects. EVMS is a project management system which can manage the schedule and the budget of a project concurrently and estimate the project's time duration and the cost at project completion. In this paper, the applicability and usefulness of WMS is studied for a assumed navai ship building project, in the environment of monetary fluctuations such as price index, wage increase rate and exchange rate.

Optimal dimension design of a hatch cover for lightening a bulk carrier

  • Um, Tae-Sub;Roh, Myung-Il
    • International Journal of Naval Architecture and Ocean Engineering
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    • 제7권2호
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    • pp.270-287
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    • 2015
  • According to the increase of the operating cost and material cost of a ship due to the change of international oil price, a demand for the lightening of the ship weight is being made from various parties such as shipping companies, ship owners, and shipyards. To satisfy such demand, many studies for a light ship are being made. As one of them, an optimal design method of an existing hull structure, that is, a method for lightening the ship weight based on the optimization technique was proposed in this study. For this, we selected a hatch cover of a bulk carrier as an optimization target and formulated an optimization problem in order to determine optimal principal dimensions of the hatch cover for lightening the bulk carrier. Some dimensions representing the shape of the hatch cover were selected as design variables and some design considerations related to the maximum stress, maximum deflection, and geometry of the hatch cover were selected as constraints. In addition, the minimization of the weight of the hatch cover was selected as an objective function. To solve this optimization problem, we developed an optimization program based on the Sequential Quadratic Programming (SQP) using C++ programming language. To evaluate the applicability of the developed program, it was applied to a problem for finding optimal principal dimensions of the hatch cover of a deadweight 180,000 ton bulk carrier. The result shows that the developed program can decrease the hatch cover's weight by about 8.5%. Thus, this study will be able to contribute to make energy saving and environment-friendly ship in shipyard.