• Title/Summary/Keyword: Ocean Economy

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Maritime Boundary Delimitation Regime for the Gulf of Tonkin Dispute and China's Position (해양경계획정제도에 대한 중국의 입장과 통킹만 사례고찰)

  • Yang, Hee-Cheol;Park, Seong-Wook;Kwon, Moon-Sang
    • Ocean and Polar Research
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    • v.26 no.4
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    • pp.669-678
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    • 2004
  • Coastal states are adopting maritime boundary delimitation as their primary maritime policy because maritime jurisdiction directly relates to vast economic interest. This becomes specially important and sensitive when complex maritime boundary issues are involved between neighboring coastal states. China has not actively carried out nor declared maritime boundary delimitation until recently with any country except Agreement between China and Viet Nam on the demarcation of the territorial water, the exclusive economic zones and the continental shelf of China and Vet Nam in the Gulf of Tonkin on 25 December 2000 (hereinafter, the Gulf of Tonkin Agreement). The principles that governs maritime boundary delimitation are to consider primarily an agreement between States concerned, however, if no agreement can be reached, all relevant circumstances are considered to achieve an equity between concerned States. Relevant circumstances are length of coastline, form of coastline, existence and position of island or islands, speciality of geology/topography, and factor of economy and deffnce. Factors which sinologists are considering in regard to continental shelf delimitation of the Yellow Sea are as follows; i) geographical factor, ii) geological factor, iii) topographical factor, iv) environment and ecological (factor, v) historic interest, and vi) social and economic interest. The 'Gulf of Tonkin Agreement' is completed by basically applying the principle of delimitation according to median line which seems that China has adopted the maritime boundary delimitation principle of 'half and half' which was the intention of chinese government. At the same time, China recognized Viet Nam's dominion and sovereign right over the partial exclusive economic zone and the continental shelf of Dao Bach Long Vi in Gulf of Tonkin. This case can be considered as an example of mutual concession or compromise in delimiting maritime boundary for states of concerned.

Hegemonic Competition and the Role of Naval Power (패권경쟁과 해군력의 역할)

  • Kim, Kyeong-Sik
    • Strategy21
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    • s.41
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    • pp.108-152
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    • 2017
  • This paper aims to analyze hegemonic competition and the role of naval power. To this end the paper is composed of four chapters titled introduction, the role of naval power in the hegemonic competition, the role of naval power in the East Asia, and the lessons and implications for the Korean Peninsula. Since the modern era, the hegemonic competition in the East Asian region has been the intrusion and struggle process between the world system and the East Asian regional system, and the ocean between these two systems has become the goal and means of supremacy(hegemony). Currently, the hegemonic competition between the US and China consists of systemic competition at the global level and marine competition at the regional level. When South Korea is forced to make strategic choices in the course of the US-China hegemonic competition, naval power will be the first factor to be considered. The ROK is asymmetrically maintaining a deep dependency relationship with the United States in terms of security and China in relation to the economy. And while the ROK's national economic power is acquired from the ocean, the ROK's military power is imbalanced because it is centered on the ground forces. These international relations and asymmetric-unbalanced resources distribution will not be able to effectively cope with the hegemonic competition between the US and China in the future, and will limit Korea's strategic choice. Since naval power and forces are the prerequisites for the hegemonic competition or the maintenance of supremacy we must construct balanced naval forces(naval power) that are not subordinate to the ground forces at the national strategic level for the future of the country.

Operating Performance of hair-tail angling vessel using the LED and metal halide fishing lamp combination (LED와 메탈핼라이드 집어등을 겸용한 갈치채낚기 어선의 조업 성능)

  • An, Heui-Chun;Bae, Bong-Seong;Lee, Kyoung-Hoon;Park, Seong-Wook;Bae, Jae-Hyun
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.48 no.4
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    • pp.337-345
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    • 2012
  • One of representative Korean fisheries, jigging and angling has 5,700 vessels for squid and hairtail. Hairtail angling is the most typical fishery in Jeju and has an enormous impact on regional economy. However, the price hike in oil and labor costs triggered the necessity of developing a high efficient and energy saving fish luring lamp in recent times. For that reason, this study aimed to analyze the fishing performance of the aircooled LED lamp targeting hairtail angling fishery. The experiment was conducted from September through October in 2009-2011 for a 9.77 ton of fishing vessel setting up 100 lamps. The fishing performance was tested compared with 6 vessels using metal halide lamps in the same waters. As the LED lamp's performance goes up, different lamps were used in 2008 for 80W, 2009 for 120W and 2011 for 180W respectively. The catch and CPUE of the experimental vessel have gradually increased respectively taking the $4^{th}$ and $6^{th}$ place in 2009, the $4^{th}$ and $2^{nd}$ place in 2010, the $1^{st}$ and $1^{st}$ place in 2011 among the 7 vessels. In summary, the LED fishing lamp showed higher fishing performance than comparison groups. It saved 33% of oil consumption and cut down on operating expenses and greenhouse gases emission.

Analyzing the Market Size and the Economic Effects of the Oceans and Fisheries Industry (해양수산업의 시장규모 및 경제적 파급효과 분석)

  • Kim, Joseph;Jung, Dong-Won;Yoo, Seung-Hoon
    • Ocean and Polar Research
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    • v.38 no.1
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    • pp.59-70
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    • 2016
  • Establishing the strategic plans to foster the oceans and fisheries (O&F) industry as an engine for national sustainable economic growth has become an important task for developing countries as well as developed countries. The first step to do so is to identify O&F industry and analyze its economic effects. Therefore, the prime purposes of the paper are two-fold. The first is to identify O&F industry and estimate its market size using 2012 Input-Output (I-O) table published by the Bank of Korea. The second purpose is to obtain some quantitative information on production-inducing effect, value-added creation effect, and employment-inducing effect of the O&F industry. To this end, we apply an IO analysis using exogenous specification of the O&F industry. The results show that the O&F industry covers 4.1% and 3.0% of national output and gross domestic product, respectively. Moreover, we found that 1.0 won of production or investment in the O&F industry induces 1.7363 won of production and 0.4759 won of value-added in the national economy. One billion won of production or investment in the O&F industry touches off 7.5569 persons of employment. This information can be utilized in the O&F industry-related policy-making.

Economy Analysis to Retrofit Ballast Water Treatment System for an Existing Vessel (선박 평형수 처리장치 선정을 위한 경제성 분석)

  • JEE, Jae-Hoon;PARK, Sang-Kyun;OH, Cheol
    • Journal of Fisheries and Marine Sciences Education
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    • v.28 no.5
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    • pp.1319-1328
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    • 2016
  • Since Ballast Water Management Convention has been effected, BWTS, applied to new-building vessels and existing vessels, have been developed from many countries with various treatment methods. However, BWTS is mainly typed Electrolysis, Ozone and UV type. Approximately 70 products have been type approved by the Flag Administrations. For the new-building vessels, the vessels' design and construction have been considered for arrangements and installations for BWTS. However, existing vessels which already construction had finished have problem with selection of BWTS type for installation and arrangement. The selection of the most economized BWTS system is important though, CAPEX has not been made any significant differences. However, OPEX is more important factor. Consequently, detail analysis of OPEX is the key to the selection of the most economized BWTS system and also it can be the purpose of this study. The feasibility study on the main three type of BWTS (Electrolysis, Ozone and UV type) for 175K Bulk Carrier and 57K Cargo ship has been conducted for this study. Because, these three type of BWTS have been the most frequently installed and used and the two type of object vessels are consist of the 40% of the world merchant ship market. For this study, interest rate, project duration (operation time after installation), maintenance cost and fuel oil price are considered as major factor of feasibility study. In addition, expecting Interest rates to sensitivity analysis conducted for more accurate feasibility study. For 175K Bulk carrier, ozone treatment system is more economical than other types. For 57K cargo ship, UV type is considered more economical than other types. However, it is concluded that electrolysis type is more suitable compare to installation space, total weight and electrical power consumption.

A Study on Early Warning Model in the Dry Bulk Shipping Industry by Signal Approach (신호접근법을 이용한 건화물시장 해운조기경보모형에 관한 연구)

  • Yun, Jeong-No;KIm, Ga-Hyun;Ryoo, Dong-Keun
    • Journal of Navigation and Port Research
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    • v.42 no.1
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    • pp.57-66
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    • 2018
  • Maritime industry is affected by outside factors significantly due to its derivative demand characteristics. However, the supply side can not react to these changes immediately and due to this uniqueness, maritime industry repeats the boom-bust cycle. Therefore the government itself needs to operate early warning system in order to monitor the market and notice the upcoming risks by setting up a system to prepare for the situations. In this research, signal approach is used to establish early warning system. Overall leading index is composed of crisis index that is based on BDI(Baltic Dry Index) and various leading indexes such as finance, economy, shipping and the others. As a result of computing overall leading index which is early warning system in maritime through signal approach, the index showed a high correlation coefficient with actual maritime risk index by difference of 4 months. Also, the result was highly accurate with overall leading index's QPS(Quadratic Probability Score) at 0.37.

A Study on Beijing-Tianjin-Hebei Integration Strategy of China (중국 징진지(京津冀) 일체화전략의 현황과 과제)

  • Fang, Jinlong;Cha, Kyungja
    • International Area Studies Review
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    • v.20 no.4
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    • pp.73-90
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    • 2016
  • Recently China's economy has been entered a new normal state with mid-speed growth. Along with the new normal state, Chinese government presented new development strategies. Among them, Beijing-Tianjin-Hebei Integration Strategy(BTH) has become the primary policy on the list of national economic development plan, and the BTH is expected to be the new model of regional development in China. With this background, this article firstly explains the concept and development process of the BTH, secondly presents the state of regional economies, lastly introduces some challenges ahead in the process of the BTH. The challenges, including industry structure adjustment problem, poverty belt in Hebei, environment problem and the distribution of functions of Beijing as a capital, are difficult to solve in a short period. It is needed more cooperative measures between central and local governments to cope with the challenges.

Forecasting Baltic Dry Index by Implementing Time-Series Decomposition and Data Augmentation Techniques (시계열 분해 및 데이터 증강 기법 활용 건화물운임지수 예측)

  • Han, Min Soo;Yu, Song Jin
    • Journal of Korean Society for Quality Management
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    • v.50 no.4
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    • pp.701-716
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    • 2022
  • Purpose: This study aims to predict the dry cargo transportation market economy. The subject of this study is the BDI (Baltic Dry Index) time-series, an index representing the dry cargo transport market. Methods: In order to increase the accuracy of the BDI time-series, we have pre-processed the original time-series via time-series decomposition and data augmentation techniques and have used them for ANN learning. The ANN algorithms used are Multi-Layer Perceptron (MLP), Recurrent Neural Network (RNN), and Long Short-Term Memory (LSTM) to compare and analyze the case of learning and predicting by applying time-series decomposition and data augmentation techniques. The forecast period aims to make short-term predictions at the time of t+1. The period to be studied is from '22. 01. 07 to '22. 08. 26. Results: Only for the case of the MAPE (Mean Absolute Percentage Error) indicator, all ANN models used in the research has resulted in higher accuracy (1.422% on average) in multivariate prediction. Although it is not a remarkable improvement in prediction accuracy compared to uni-variate prediction results, it can be said that the improvement in ANN prediction performance has been achieved by utilizing time-series decomposition and data augmentation techniques that were significant and targeted throughout this study. Conclusion: Nevertheless, due to the nature of ANN, additional performance improvements can be expected according to the adjustment of the hyper-parameter. Therefore, it is necessary to try various applications of multiple learning algorithms and ANN optimization techniques. Such an approach would help solve problems with a small number of available data, such as the rapidly changing business environment or the current shipping market.

Stability of hair-tail angling fishing boat according to the induction fishing lamp installation (인덕션 집어등을 설치한 갈치채낚기 어선의 복원성능)

  • Seongjae JEONG;Seongwook PARK;Myongkok JEONG;Geumcheol JEONG
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.59 no.1
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    • pp.1-8
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    • 2023
  • In this study, the stability of fishing boat inducing the change of fishing lamp in accordance with the installation of induction lamp in comparison with metal halide lamp was investigated. Inclining test for 8.55 ton class of hair-tail angling fishing boat was performed in order to find a GM and light weight. A stability calculation of the target fishing boat on the basis of KST-SHIP program was evaluated. The stability of the fishing boat with a metal halide lamp such as induction lamp according to the result obtained by the inclining test is slightly different, and the stability is not so much affected. Due to the induction lamp installation, the wind area increased by about 3.178 m2. Before installing the induction fishing lamp, G0M was found to be 0.209 at full load departure and 0.296 at departure from fishing ground. After installing the induction lamp, the full load departure condition is 0.178 and the fishing ground departure condition is 0.260. The G0M value before and after installation of the induction fishing lamp shows a difference of about 3% at the full load departure condition. The value of the critical angle of inclination definition showed a difference of about 16%. Despite these differences, it is lower than the regulations; it was confirmed that there will be no significant difference unless it is in an overloaded state.

A Study on the Perception of Related person to strengthen the Autonomy of the Busan Port Authority (부산항만공사의 자율성 강화를 위한 항만이해관계자의 인식 연구)

  • Choi, Sung-Doo;Choi, Jin-Yi
    • Journal of Navigation and Port Research
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    • v.46 no.1
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    • pp.26-32
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    • 2022
  • The port is a space where maritime transport and land transport intersect and is an essential industrial infrastructure for international trade. Therefore, it has a very important function in the national economy. Although the space and the physical facilities of a port are important, it is also very important to efficiently manage and operate these port infrastructures. The government introduced the Port Authority System to strengthen the efficiency and professionalism of port management operations. Since the port authority systemis based on port autonomy, the independence and autonomy of the port authority are very important in port management and operation. Nevertheless, the Port Authority is not functioning properly because the government interferes excessively with the operations of the Port Authority. Therefore, it is suggested that the legal system should be improved to strengthen the autonomy of the Port Authority (PA). This study examines the perception of the legal system that needs to be improved to strengthen the autonomy of the Port Authority, and suggests policy measures for Port Authority workers, civil servants, port companies, and civic groups.