• Proceedings of KOSOMES biannual meeting
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• 2017.04a
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• pp.144-144
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• 2017

• Journal of Fisheries and Marine Sciences Education
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• v.27 no.2
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• pp.441-451
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• 2015

The one-year onboard training, which has been implemented since 1988 according to the STCW Convention in 1978, is a crucial part of cadets' training and education. The choice of training shipping company is important that like a internship. This basic study is for the satisfaction at the shipping companies that trains cadets the Mokpo National Maritime University. The satisfaction for onboard training consists of a conscious, educational and environmental parts with six demographic characteristics and carried out the questionnaire survey of 206 cadets in shipping companies. The low parts of satisfaction are implemented cross tabulation analysis and in-depth interview for realize the reason. In this paper, the satisfaction from environmental part($3.83{\pm}0.75$) is high but conscious part($3.35{\pm}0.86$) and educational part($3.33{\pm}0.79$) are low. In demographic characteristics, male in gender, apprentice officer in duty, others in kind of crew, container in kind of vessel and 30,000~100,000 tons in size of vessel are high satisfaction in general. Specifically, feeding service($4.02{\pm}0.75$) in environment, influence on future vision($3.65{\pm}0.84$) in consciousness, goal for training($3.50{\pm}0.65$) in education showed the highest level in satisfaction.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2014.06a
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• pp.215-220
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• 2014

The report analyze the current situation of shipping industry in Viet Nam, including information about Viet Nam seaborne trade, shipping companies, sea-going fleets, seafarers, major seaports. Afterward it will be disclosed the policy of sea transport in Viet Nam. And finally, the author will give summary and conclusion about shipping industry in Viet Nam.

• Proceedings of KOSOMES biannual meeting
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• 2018.06a
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• pp.123-123
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• 2018

• Proceedings of KOSOMES biannual meeting
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• 2017.11a
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• pp.82-82
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• 2017

• Journal of Navigation and Port Research
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• v.48 no.2
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• pp.109-115
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• 2024

To develop a shipping company insolvency prediction model, we sampled shipping companies that closed between 2005 and 2023. In addition, a closed company and a normal company with similar asset size were selected as a paired sample. For this study, data of a total of 82 companies, including 42 closed companies and 42 general companies, were obtained. These data were randomly divided into a training set (2/3 of data) and a testing set (1/3 of data). Training data were used to develop the model while test data were used to measure the accuracy of the model. In this study, a prediction model for Korean shipping insolvency was developed using financial ratio variables frequently used in previous studies. First, using the LASSO technique, main variables out of 24 independent variables were reduced to 9. Next, we set insolvent companies to 1 and normal companies to 0 and fitted logistic regression, LDA and QDA model. As a result, the accuracy of the prediction model was 82.14% for the QDA model, 78.57% for the logistic regression model, and 75.00% for the LDA model. In addition, variables 'Current ratio', 'Interest expenses to sales', 'Total assets turnover', and 'Operating income to sales' were analyzed as major variables affecting corporate insolvency.

• International Commerce and Information Review
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• v.13 no.1
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• pp.123-144
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• 2011

This study used a non-parametric linear program, Data Envelopment Analysis(DEA) to compare the efficiency of Korean and global container shipping companies from 2005 to 2009. The sample shipping companies were 7 Korean container shipping companies and 11 global container shipping companies. The main objective of our research is to compare their efficiency, as well as the changes in efficiency periodically according to the types of the container shipping companies. According to the periodical analysis, both Korean and Global container shipping companies showed a steady decrease in efficiency. The study showed that Korean container shipping companies have greater efficiency than their global rivals.

• Journal of the Korean Society of Marine Environment & Safety
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• v.25 no.6
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• pp.717-725
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• 2019

This study is to analyze the effects of the shipping company's core competencies on the satisfaction of the cadets who have completed the consignment practice at the shipping company and on the long-term boarding and onboard company choice after graduation. To do this, the survey was conducted on 211 cadets who completed consignment practice by setting up questionnaires based on prior research. the results of the verification by setting up the hypothesis were then derived as follows: First, the value and persistence of the shipping companies's core competences have a impact on the satisfaction of the boarding practice, with an influence of 32.4 % and 32.7 % respectively. Second, the satisfaction of boarding practice had a significant impact on the choice of the boarding companies after graduation, with an influence of 49.7 %. Third, it has been found that there is a low influence of 4.5 % between the satisfaction of boarding practice and the long-term boarding. Fourth, it was found that 74 percent of the high influence was forming between the selection of the boarding companies and the long-term boarding. Based on research results, it was confirmed that the shipping company would need an effort to improve the satisfaction level of cadets are needed to increase core competencies and to retain excellent crews in order to improve the capability of ship management.

• Journal of Distribution Science
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• v.16 no.6
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• pp.5-13
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• 2018

Purpose - The purpose of this paper is to look into some alternative for Korean shipping to overcome difficult situations in shipping, since then it is economic crisis at the end of 2000s. Research design, data, and methodology - The research method to be adopted is first to review theoretical overview about shipping cycle, and then examine difficult shipping situations and studies management aspect, which is to related to establishment of Korea Shipping Council. Results - The boom and bust situations in shipping market have been identified as result of economic crisis at the end of 2000s. Trade volumes have fallen and shipping tonnage has risen respectively. In practical terms, shipping industry has suffered from difficult situations, following to supply and demand of shipping market, and Korean shipping had to face hard time as well, according to lack of management ability of shipping company. Alternatively, it should be asked shipping forum like Korea Shipping Council. Conclusions - From situations of shipping markets since the end of 2000s, it is strongly asked that every parties got involved in shipping business should understand and share more expertise and knowledge of shipping market, which is finally related to decision- making process in shipping.

• Journal of Navigation and Port Research
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• v.39 no.2
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• pp.131-140
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• 2015

The main aim of this paper, via the method of statistical data analysis, is to analyze the current situation of the shipping industry and policies of the shipping industry in Vietnam. Section 1 gives some key information about the current situation of the shipping industry in Vietnam such as: shipping companies and their fleets, seafarers and ports. In view of the many restrictions faced by the Vietnamese shipping industry, section 2 is used to disclose the policies issued by the Vietnamese government in order to help the domestic maritime industry develop further in the near future, and the outcomes of implementing these policies. Besides the fact that some of the measures were feasible and reasonable, some others were not as effective as they were supposed to be, or in fact the initial forecast of their effectiveness was far-fetched. In the last section, after analyzing reasons for the failures, the author proposes that focusing on coastal transportation routes, fleet and port restructuring and skilled labour training were truly necessary to the development of the industry in the immediate period. Furthermore, this paper is also expected to provide a basic foundation for further research by the authors about 'the strategical approach for the development of shipping industry in developing countries: a case of Vietnam' in the near future.