• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2002.03a
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• pp.39-51
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• 2002

Online exchange is a cost-effective approach to trade goods and information among multiple sellers and buyers. Shipping industry includes lots of global entities such as shippers, liners, ship owners and shipping agents. Marine insurance companies and ship repairers and many other groups are also supporting the industry. However, international shipping exchanges are located on few cities in the world. Its our motivation that a shipping market can be online so that market participants do the dealing while sitting where they are with more efficient manner, preferable price and larger pool of candidates of trading partners. This paper presents Korean governmental project of building a cyber shipping exchange. The exchange covers ship sale and purchase, charter, insurance, freight futures, repairs, supplying of ships oil and database service. The workflows of each business were analyzed and designed to fit for online environment. The project includes design of trading mechanism, online documents, data flow, data storage and security. Online match making and trading mechanisms such as auction, reverse auction, bid are used. The whole trading process involves multiple organizations and business processes. So, this Paper focuses on how each organization would play their roles so that users can complete transactions with integrated and transparent view. The online exchange selves also as maritime portal site that links to other sites for cooperation vertically or horizontally, and serves database and information in global perspective. This paper also issues and discusses the justification of an online shipping exchange

• Journal of Advanced Marine Engineering and Technology
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• v.40 no.4
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• pp.362-368
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• 2016

In the recent International Maritime Organization's (IMOs) Maritime Safety Committee's 93rd session, the International Chamber of Shipping and International Parcel Tankers Association addressed marine fuel oil quality problems: increasing diluents in marine fuel oil, ignition in engine rooms due to the low flash point of fuel oil, and marine fuel oils that can damage marine engines. To deal with these marine fuel oil quality problems, the International Maritime Organization secretariat appointed the worlds marine fuel oil monitoring institute and constituted a correspondence group to determine the fuel oil quality required by MARPOL Annex VI regulation 14.8 (sulfur content less than 0.5%). In this study, basic research that can help with responding to marine fuel quality issues and the IMO's work is conducted. In order to perform this basic research, the off-spec ratio related to the fuel oil quality standard (ISO 8217:2012), density distribution tendency, gross specific energy, and correlation between components in the fuel oil are analyzed through actual marine fuel oil (residual marine fuel) data from the Port of Singapore.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.11
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• pp.563-585
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• 1998

• Journal of Positioning, Navigation, and Timing
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• v.13 no.2
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• pp.117-129
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• 2024

In this paper, we survey recent trends of International Global Navigation Satellite System (GNSS) organizations such as the International Committee on GNSS (ICG), International Civil Aviation Organization (ICAO), International Maritime Organization (IMO), and International Telecommunication Union (ITU), and investigate their impact on the maritime and aviation sectors. Each international organization promotes international cooperation, improvement of service quality, assurance of security, compliance with international regulations, and technological innovation and development. ICG develops a variety of satellite navigation enhancement systems. ICAO establishes international aviation regulations and standards to enhance aviation safety and security. IMO establishes international shipping conventions and rules to protect and regulate the shipping environment. Lastly, ITU establishes international communication regulations and standards. Investigation of such international organizations plays an important role in increasing the efficiency and reliability of GNSS systems. Each international organization promotes international cooperation, improvement of service quality, assurance of security, compliance with international regulations, and technological innovation and development. In the future, interoperability and compatibility with new satellite navigation systems and other GNSS and satellite navigation enhancement systems must be secured, so and thus investigation of international organizations must be conducted first.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.49
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• pp.237-256
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• 2011

A Liner Conference can be defined as "a group of two or more vessel operating carriers which provide international liner services for the carriage of cargo on a particular route or routes within specific geographical limits and which has an agreement or arrangement within the framework of which they operate under uniform or common freight rates and any other agreed conditions with respect to the provisions of the liner services". This study reviews maritime transport policy regarding liner conference and the changes in the liner market over the decades. Liner shipping industry has long been protected from competition by block exemption. The repeal of the block exemption for liner conferences and the abolition of any special EC antitrust regime for the shipping industry marks an important step in European maritime competition policy. This article examines the origins and the rationale of the EC antitrust immunity granted so far th the shipping industry and explains the causes of this historic changes. The abolition of Regulation 4056/86 and of the EU commitment to the UN Code of Conduct marks an historical evolution in international maritime policy, which will have an influence far beyond the EU.

• Journal of Korea Port Economic Association
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• v.17 no.2
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• pp.139-166
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• 2001

Globalization and regionalization are major trends in the international economic system. The severe competition among countries has signalled the need for a new international trade system as prescribed by the WTO, which regulates international trade practices. Additionally, expanding the activities and role of the Pan-Yellow Sea area in the world has a very important function in terms of regional cooperation and logistics environment. In this paper, the trading conditions and shipping transport problems of the Pan-Yellow Sea area (North-East Asia) were investigated. Shipping transport conditions in the Pan-Yellow Sea area, particularly Korea-China routes, were surveyed as well. A new Incheon-China container liner route was suggested as a partial remedy to some of the shipping transport problems of the Pan-Yellow Sea Area (North-East Asia). The Incheon-China Container Liner route is more efficient than Pusan and Pyungtaek Ports or the car ferry route to China in terms of transport time and expense. The transport burden indicator which includes the time and expense of transport, can be a useful tool in comparing these routes. Accordign to the transport burden indicator, the Incheon-China Container Liner route is more efficient than the Pusan, Pyungtaek, or car ferry routes. To establish a successful liner route between the ports of Inchon and China, there is a need to prepare three measures that contain short-term medium-term and long-term strategies. Furthermore, these measures should be prepared and adopted in phases, in accordance with considerations of future conditions for shipping and logistics in the Pan-Yellow Sea area.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2015.07a
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• pp.203-204
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• 2015

This study examines the view of global trends in the Arctic Shipping. It is also provides a framework for understanding how participated in Arctic. The trends that had made it a centre of global attention. Surge of interest in its economy and politics has increased. That surge was driven by three things. Political and business agreements in the Arctic and with Arctic states, a trend that is likely to continue as the Arctic warms.

• Journal of Korea Port Economic Association
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• v.37 no.2
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• pp.19-31
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• 2021

This study is aming at analysing the current trend of container shipping industry before and after COVID-19 Pandemic circumstances. Also, this study offers the political implications for 'the Korean Shipping Nation Rebuilding'. As a result of this study, the several global shipping lines have decreased their ship capacity in response to International Maritime Organization(IMO)'s environmental regulation. This finding is differ from the media reports, that is many shipping companies increased idling vessel to match the lower demand induced COVID-19 pandemic. This study also provides the two implications of the direction about Korean shipping policy. The first one is that the casual relationship of over-vessels' supply and Korea shipping policy is needed to be thoroughly analyzed. The importance of Koreans shipping industry is generally devaluated by most citizens so as to the Korean government should develop the mass media contents to enlighten the less wellknown people regarding shipping industry.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.20
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• pp.153-179
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• 2003

Deregulation is not a matter or problem to be resolved simply by revising a law or a system in a short period of time. Rather, it should be implemented at a steady pace on the basis of a full understanding of the relationships between government regulation and the government's role, taking into account the inherent functions of the market. Moreover, arguments about government regulation and its deregulation vary according to viewpoints and approaches on the part of parties concerned. This makes it more difficult to form a consensus or reach a conclusion in recognizing and resolving the basis of problems at issue. This paper aims to review the shipping industry deregulation of major countries, to analyze Korea's situation and problems of shipping regulation, and to suggest it's improving methods. Although government regulation is a sensitive policy issue, this paper remains relatively at the basic research. Regulation problems should be tackled by interdisciplinary approach. A specific approach in regulation study could not explain exactly the causes and results of government policy

• International journal of advanced smart convergence
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• v.13 no.1
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• pp.69-76
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• 2024

The objective of this paper is to investigate digital transformation in logistics within the shipping and logistics industry. This paper examines the case of Hyundai Merchant Marine (HMM) and draws insights from its success in becoming the top company amidst the industry challenges. To achieve a more in-depth analysis, a single-case study approach was employed. Various secondary data have been analyzed to support the examination of HMM's digital transformation. HMM has emerged as a global leader in transportation services. The company's success is attributed to its development of diverse ships, robust logistics systems, and pioneering a digital logistics platform, ultimately overcoming the crisis. Especially, this paper show that the digitalization of logistics has been analyzed as the most significant transformation. The findings of this paper can offer valuable implications for other companies grappling with similar challenges in the current trade landscape.