• Title/Summary/Keyword: Port Investment

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Analyses of Economic Impacts of an Marine Leisure Event on the Host City (해양레저이벤트의 경제적 파급효과 분석)

  • Cho, Woo-Jeong;Kang, Shin-Beum
    • Journal of Navigation and Port Research
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    • v.35 no.5
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    • pp.415-421
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    • 2011
  • The purposes of this study were to identify the economic impacts of hosting a marine leisure event and thus provide fundamental information that helps maximize the economic value of the event. In order to accomplish such purposes, this study employed both an economic impact analysis(EIA) using regional input output model and a benefit and cost ratio analysis(BCR). In specific, this study utilized a survey method with a total of 300 event visitors and 70 foreign players and thus collected expenditure data from 110 valid out of town visitors and 58 foreign players. In addition, investment expenditure data were collected from the host city official. Accordingly, EIA and BCR indicated following findings. First, the total direct impact from both visitors and players was 387 million Won and this direct impact resulted in output multiplier effect(OME) of 591 million Won, value added multiplier effect(VAME) of 306 million Won and income multiplier effect(IME) of 252 million Won. Second, the host city's investment expenditure created OME, VAME and IME of 825, 432 and 366 million Won, respectively. In conclusion, these findings suggest that in order to effectively boost potential economic benefits, more marketing efforts development policies should be implemented for increasing the number of out of town visitors and the amount of spendings from them.

Machine Learning Prediction of Economic Effects of Busan's Strategic Industry through Ridge Regression and Lasso Regression (릿지 회귀와 라쏘 회귀 모형에 의한 부산 전략산업의 지역경제 효과에 대한 머신러닝 예측)

  • Yi, Chae-Deug
    • Journal of Korea Port Economic Association
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    • v.37 no.1
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    • pp.197-215
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    • 2021
  • This paper analyzes the machine learning predictions of the economic effects of Busan's strategic industries on the employment and income using the Ridge Regression and Lasso Regression models with regulation terms. According to the Ridge estimation and Lasso estimation models of employment, the intelligence information service industry such as the service platform, contents, and smart finance industries and the global tourism industry such as MICE and specialized tourism are predicted to influence on the employment in order. However, the Ridge and Lasso regression model show that the future transportation machine industry does not significantly increase the employment and income since it is the primitive investment industry. The Ridge estimation models of the income show that the intelligence information service industry and global tourism industry are also predicted to influence on the income in order. According to the Lasso estimation models of income, four strategic industries such as the life care, smart maritime, the intelligence machine, and clean tech industry do not influence the income. Furthermore, the future transportation machine industry may influence the income negatively since it is the primitive investment industry. Thus, we have to select the appropriate economic objectives and priorities of industrial policies.

Jeju Shinyang Fishing Port Remodeling Plan Utilizing Marine Tourism Resources (해양관광자원을 활용한 제주 신양항 리모델링 계획)

  • Kim, Yelim;Sung, Jong-Sang
    • Journal of the Korean Institute of Landscape Architecture
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    • v.44 no.2
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    • pp.52-69
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    • 2016
  • The fishing port was once the foothold of production as well as the stronghold of communities but with the declining of the fishing industry, ports became abandoned space. Jeju Special Self-Governing Province has continued its effort to vitalize marine tourism since 2010. Shinyang Port in particular is designated as a Prearranged Marina Port Development Zone, and planning for the Jeju Ocean Marina City project is underway. Nevertheless, fishing port remodeling projects implemented on Jeju so far have focused only on civil engineering such as renovating old facilities. In addition, most Marina Port Development Projects have been irrelevant to local communities. Leading projects by the local government mostly suffer from a lack of funding, which results in the renovation of old facilities and improper maintenance, while private sector investment projects do not lead to benefit sharing with the community. Shinyang Port, also renovated in 2008, ended up with outer breakwater extension construction that neither solved the fundamental problem of the site nor gave benefits to residents. To arrange a way to solve problems for civil engineering focused development project, improper maintenance, and benefit sharing with community, first, this study proposes a development plan that connects with the outlying areas near the ports. The plan reflects existing topography, Jeju traditional stonewalls, narrow paths on the master plan and programs by reading the regional context. In this way, this paper suggests a space development plan reflecting the local landscape and characteristic factors. Second, it satisfies various needs by using existing and new Marine Tourism Resources. Third, it examines sustainable operation and management measures through residents' participation. The proposal is significant in two key ways: it is a fresh attempt at connecting the fishing port with its outlying areas from a landscape perspective; and it considers environmental, social, economic issues, and suggests participation for local communities. Thus, the model can be used in future fishing-port remodeling plans for revitalizing unused space, including invaluable traditional landscapes, and for boosting the marine-leisure industry.

An Integrated Approach for Korea's e-Navigation Development Project to Playing the Global Lead in Maritime Safety Logistics of IMO's Next Generation (한국의 이네비게이션개발사업이 IMO차세대 해사안전보안물류상 세계 주역을 맡기 위한 통합적 접근)

  • Gim, Jin-Goo
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2016.05a
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    • pp.58-58
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    • 2016
  • This study aims to enhance Korea's competitiveness by taking the lead in the international standardization and relevant global market. This is to be achieved by performing the role of First Mover through the resolute investment from Fast Follower that is servile to the decision of the organization in the e-Navigation strategy that has been promoted by the IMO. The study methodology is an integrated approach. It is established by modelling LSCM G2B2C2 Platform in maritime safety/security logistics and applied to the enhancement of maritime safety/security in global LSCM. This paper externally contributes to the reduction of world maritime accidents and exalt the national prestige; internally, the enhancement of the national competitiveness through the improvement of shipping port logistics and others. These eventually contribute to Korea's economic development that is combined by both theory and practice and of practical use of the integrated approach.

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The Operating Objective of Automated Container Terminal by the AHP Techniques : The Case of Port of Gwangyang Automated Container Terminal (AHP기법을 활용한 자동화 컨테이너터미널 운영목표 설정에 관한 연구 : 광양항 자동화 컨테이너터미널을 대상으로)

  • 박남규;최형림;이창섭
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2003.05a
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    • pp.223-230
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    • 2003
  • KCTA(Korea Container Terminal Authority) is going to introduce automated operating system in the port of Gwangyang container terminal to enhance the efficiency. Prior to developing the container terminal, defining the objective of container terminal operation is essential. This research used AHP technique to define the operation objective of automated container terminal objectively, and the questionnaire to collect the opinions of future customer, operator and research institution. The objectives mix of the automated container terminal are composed of the minimization of initial investments, the minimization of operational expenses, the performance of automation system, the raising of operation efficiency and productivity and the improvement of customer service. The result of the analysis revealed that most important factor among objectives mix was “the minimization of operation expense”. Especially, the user group preferred to select the factor of “the improvement of customer service”as objective rather than select other objectives. The result of this research will suggest some guidelines for deciding the level of investment of terminal construction. information system, automation equipment, terminal worker and etc., which are to be considered in terminal development and the system development hereafter.

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An Analysis of the Cruise Courses Network in Asian Regions Using Social Network Analysis (SNA를 이용한 아시아 지역 크루즈 항로의 네트워크 분석에 관한 연구)

  • Jeon, Jun-Woo;Cha, Young-Doo;Yeo, Gi-Tae
    • Journal of Korea Port Economic Association
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    • v.32 no.1
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    • pp.17-28
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    • 2016
  • This study examines the cruise course network structure in the Asian regions and the centrality of ports using social network analysis (SNA). For network analysis of Asian cruise courses, a data network of cruise courses was constructed using data on courses of cruise ships operating in Asian ports collected from the reports of the Cruise Lines International Associations.There are 249 nodes or ports of ship companies that provide cruise courses to Asia between from October 2015 to June 2016, and these nodes connect 545 ports. Density analysis based on ports where cruise ship companies operated cruise ships showed that, from October 2015 to June 2016, the density was 0.009, which was lower than the average of global port network density (2006 to 2011) and railroad network density. In addition, was calculated to be, which means that connection with all ports was possible through 2,180 steps. In the analysis of the Asian cruise course network centrality, Singapore ranked first in both out-degree and in-degree in connection centrality, followed by Hong Kong, Shanghai, Ho Chi Minh, and Keelung. Singapore also ranked first in the result betweenness centrality analysis, followed by Penang, Dubai, and Hong Kong. From October 2015 to June 2016, the port with the highest Eigenvector centrality was Hong Kong, followed by Ho Chi Minh, Singapore, Shanghai, and Danang. In the case of the domestic ports Incheon, Busan, and Jeju, connection centrality, betweenness centrality, and Eigenvector centrality all ranked lower than their competitor Chinese ports.

A Study on the Extracting the Core Input and Output Variables in Korean Seaports by DEA and PCA Approach (DEA와 PCA에 의한 항만의 핵심 투입-산출변수의 추출방법)

  • Park, Ro-Kyung
    • Journal of Navigation and Port Research
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    • v.30 no.10 s.116
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    • pp.793-800
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    • 2006
  • The purpose of this paper is to show a way for extracting the core input and output variable in Korean seaports by using principal component analysis and DEA(data envelopment analysis). Two inputs(birthing capacity, and cargo handling capacity) and three outputs(export cargo handling amount, import cargo handling amount, and number of ship calls), and three cross sectional data(1995, 2000, and 2004) for 26 Korean seaports are considered for measuring the efficiencies of 21 DEA models. 21 models can be treated as variables and efficiencies as observations for extracting the core inputs and outputs variables by using principal component analysis. An empirical main result indicates that core input variable is cargo handling capacity, and core output is the number of ship calls. The Korean seaport authority can adopt the DEA and principal component analysis for deciding the development and investment to each seaport.

Evaluation on the Seismic Performance of Port Structures using GIS (GIS를 이용한 항만구조물의 내진성능 평가기법)

  • Kim, Na Young;Kang, In Joon;Choi, Hyun;Kim, Tae Hyo
    • Journal of Korean Society for Geospatial Information Science
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    • v.22 no.4
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    • pp.31-38
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    • 2014
  • Seismic of the Korean Peninsula is terrible about 1,900 times. Lately, because of a world-occurring seismic, investment of seismic design about ground & structures come to the force as means to protect national life and property. This study evaluated having seismic performance above design criteria among the existing port structures not applied seismic design. Based on the results, classified apprehensive area of liquefaction from seismic performance evaluation and made hazards according to liquefaction risk & structural performance using the analysis of seismic performance and GIS method. After Establishing quantitative & detailed input database through liquefaction evaluation and seismic performance, analysed all seismic data are used directly valuation data on repair reinforcement for apprehensive area of earthquakes.

A study on the International I/O Table Analysis among Korea, Japan, and China Logistics Industries (우리나라와 중국, 일본 물류산업의 상호 파급효과 비교분석)

  • Ban, Yeong-Gil;Sin, Seung-Sik
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.173-197
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    • 2008
  • The purpose of this study is to analyse the spill-out effects of logistics industries among Korea, Japan and China. For this purpose, we used an International I/O table made by Asian Economic Institute of Japan, which is made up for 11 countries. At first, we transformed the I/O table for 11 countries into that for 3 countries, and then we applied the Inter-Regional Input Ouput model to find out the spill-out effects of one country's logistics investment to another country's logistics or other industries. The contribution of this study is that this paper has suggested a method how to evaluate a logistics interrelation among 3 countries by way of I/O analysis for the first time.

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A Study on the Balancing of the Demand and Supply of Radio Operators (通信人力의 需給均衡化에 關한 硏究 - 地域 및 海域別 無線通信을 중심으로 -)

  • 나경식;김정부;이영철;김기문
    • Journal of the Korean Institute of Navigation
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    • v.16 no.2
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    • pp.53-78
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    • 1992
  • GMDSS-the Global Maritime Distress and Safety system which is utilizing the new technologies such as satellite communication system, DSC and NBCP-is effectuated not only by the amendment of SOLAS but also by the conference of RR and IMO's MSC, and will be the major factor of the variation of the demand and supply of Radio Operators. To cope with the GMDSS voluntarily, regulations relating to the radio installation, the posting of Radio Operators, the bounds of duty, etc. must be established and the demand and supply of Radio Operators which take charge of the system must be accomplished pertinently. In this study, the authors suggested some practical schemes to improve the effect of policy as follow. 1. The Ministry of Communication must supervise strictly the arrangement of Radio Operators, especially relating tot he legally qualified complement of Radio Station, and must review the official certification system to upgrade the quality of Radio Operators. 2. The Ministry of Communication must take overall charge of the qualitifications and technical standards of Radio Operators, the extent of their engagement, etc. which are provided by International Regulations. 3. Relating Administrations must cooperate with Shipping Companies in onboard-training to foster and ensure the manpower of Radio Operators. 4. Institutional devices to drive the resolute investment in education and training for mariners, especially for the ship's officers, must be prepared. 5. The Communication Administration and the Korea Maritime and Port Adminstration(KMPA) must cooperate mutually in the balance of the demand and supply of Radio Operators and use make their best to realize more harmonious policies on the demand and supply of manpower.

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