• Title/Summary/Keyword: Port of logistics industry

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A Study on Harbor Logistics in China (중국의 항만 물류집중화에 관한 연구 - 상하이항과 장강을 중심으로 -)

  • Lee, Jong- Won
    • Journal of Navigation and Port Research
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    • v.31 no.3 s.119
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    • pp.187-195
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    • 2007
  • China has been the hub of business in Asia' and has developed infra-system and development policy on harbor and logistics. Investment on development of Sanghai port and fang river has been increasing. This development has put importance on logistics in East Asia Additionally, port surrounding of China has been activated Therefore, This paper is going to suggest three measures. First, shipping corporation of Korea will provide different services and network according to the growth of China logistics. Secondly, Korea is to invest with Chinese companies around fang river to freight service industry. Thirdly, it is to construct Yellow sea Rim transport network by Sanghai port and fang river development.

Time-Varying Systematic Risk of the Stocks of Korean Logistics Firms

  • Kim, Chi-Yeol
    • Journal of Navigation and Port Research
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    • v.41 no.2
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    • pp.71-78
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    • 2017
  • This paper aims to investigate the time-varying systematic risk of the stocks of Korean logistics firms. For this purpose, the period from January 1991 to October 2016 was examined with respect to 21 logistics companies that are listed on the Korea Exchange. The systematic risk of the logistics stocks is measured in terms of the Capital Asset Pricing Model (CAPM) beta for which the sensitivity of a stock is compared to the return changes of the whole market. Overall, the betas of the stocks of the Korean logistics companies are significantly lower than those of the market unity; however, it was revealed that the logistics betas are not constant, but are actually time-varying according to different economic regimes, which is consistent with the previous empirical findings. This finding is robust across different measurements of the logistics betas. In addition, the impact of macroeconomic factors on the logistics betas was examined. The present study shows that the logistics betas are positively associated with foreign exchange-rate changes.

Business and Logistics Strategies of Global Logistics Firms Responding to the Changing Logistics Environment in China

  • Jun, Il-Soo
    • Journal of Korea Port Economic Association
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    • v.21 no.3
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    • pp.191-217
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    • 2005
  • Ninety percent of an average Chinese manufacturer's time spent is on logistics. Therefore, logistics presents the greatest challenge for multinational companies conducting businesses in China. Although more than 18,000 registered logistics companies exist in China, 85 percent of their revenues are generated from basic trucking and storage services. These facts indicate that China will need increasing presence of high-quality foreign 3PL providers, who are able to provide sophisticated IT systems, industry/operational expertise, standardized operating processes, and international networks, compared to their Chinese counterparts. However, they are facing complicated array of laws and regulations as well as difficulty of finding qualified people to fulfill these needs. There are a number of foreign 3PL providers engaged in China's logistics sector to reap a huge opportunity. Nevertheless, many 3PL foreign providers are still cautious about making large investments. Thus they arelooking for alliances that can provide complementarities instead. Another salient feature of strategy is to take over the transportation assets and warehousing of major Chinese manufacturers and distributors.

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Analysis on Non-Market Benefit of Port Re-Modeling Factor Using AHP (AHP를 이용한 항만 리모델링 비시장적 편익요인 분석연구)

  • Yang, Chang-Ho;Yeo, Gi-Tae;Jung, Hyun-Jae;Kim, Ho-Kyun;Son, Yoo-Lee
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.23 no.1
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    • pp.57-62
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    • 2011
  • At this point that port industry brings a new change as the concept of 'Green Logistics' appears, studies on an economic analysis of existing port Re-modeling have normally been conducted focused on market value factors such as Benefit-Cost analysis, On the other hand, there have been few studies on the analysis of Non-market value factors such as environmental value. Therefore, the purpose of this study is aimed to establish a Feasibility analysis model of Incheon inner port Re-modeling in the aspect of Non-market Benefit Factors classified by related factors such as, marine environment, waterfront facility and welfare of users by using AHP methodology based on the extracted result through previous studies.

Analysis of High Concentration Diffusion Pattern by Air Pollutions in Port Industry Interfaces

  • Je-Ho Hwang;Sang-Hyung Park;So-Hyun Yun;Si-Hyun Kim
    • Journal of Korea Trade
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    • v.26 no.3
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    • pp.117-136
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    • 2022
  • Purpose - Port is vital for international trade accounting for approximately 80% of world cargo transportation in the global trade sector. Air pollutants emitted owing to the related industry interfaces developed around the port spread throughout the dense population region can have harmful effects on the nearby residents. This study aims to analyze high-concentration diffusion pattern by air pollutants, considering the main management periods by air pollutants. Design/methodology - Employing the concentration criteria per main air pollutant, the analyses of concentration change patterns per air pollutant, wind characteristics that directly affected the air pollutant diffusion, distribution types per air pollutant, and high-concentration diffusion patterns by season according to time changes were conducted. Findings - The substances that caused harmful levels of air pollution in the hinterland living zone of the Busan New Port were PM_10, PM_2.5, and NO_2. Furthermore, the intensive management periods were as follows: For PM_10, 24-h (spring), 12:00-16:00 (summer), 12:00-16:00 (summer), 20:00-12:00 (fall), and 24:00-20:00 (winter), and for PM_2.5, 24-h (all four seasons), and for NO_2, 23:00-04:00 (spring), 23:00-08:00 (summer), and 20:00-08:00 (fall), and 23:00-04:00 (winter). Originality/value - Research finding indicates that regular monitoring and countermeasures to reduce air pollution for each air pollutant makes it possible to achieve effective air quality control in the port and hinterland living zones.

Development of digital twin-based autonomous ship communication tool for smart shipping and logistics (스마트 해운물류를 위한 디지털 트윈 기반 자율운항선박 커뮤니케이션 도구 개발)

  • Koo Hanmo;Cho Yuseong;Cho Yongdeok;Cho Minje
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2022.06a
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    • pp.333-335
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    • 2022
  • The changes caused by the 4th industrial revolution are accelerating the convergence of technologies due to the COVID-19 Pandemic. As a result, rapid changes are expected in various fields of society and industry. The shipping and logistics industry is also in urgent need of smartization due to changes in environment and technology. However, in the case of Korea, the smartization of shipping and logistics technology is insufficient compared to that of advanced countries. For smartization for complex business processing with many related entities, smooth communication and visual confirmation using the latest technologies are becoming important. Such visualization and communication will become more important in smart shipping and logistics This study intends to present an integrated communication tool between self-driving ships and container terminals for the realization of smart shipping and logistics. In particular, a study was conducted on the development of a digital twin-based communication tool that satisfies the requirements of ship berthing and loading/unloading operations in which various actors participate and process complex tasks.

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An Education and Training Strategies for Logistics Professionals in the Digital Age (디지털시대 물류 전문인력 양성방안)

  • Han, Chul-Hwan
    • Journal of Korea Port Economic Association
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    • v.38 no.1
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    • pp.15-29
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    • 2022
  • The Korean logistics industry is in a double challenges to train logistics professional in terms of quantity and quality. The study aims to derive implications for the logistics professional training policy and present the capabilities and skills of logistics manpower necessary in the Industry 4.0. To this end, the supply and demand status of logistics personnel was examined through a full survey of logistics curriculum of domestic universities, case analysis of successful overseas logistics education and training programs was attempted, and the skills and capabilities for logistics professional were comprehensively presented through in-depth literature research. As a policy recommendations for future training and education of logistics professional following policies are suggested; necessity of national standard logistics competency map and integrated platform for national logistics capabilities/skills development, creation of industry-university co-education/training ecosystem and education programs for new logistics professional in response to digital transformation and COVID-19 pandemic.

Implementing Logistics Information Systems for Korea's Shipping Industry (해운물류정보시스템의 활성화요인이 물류서비스 효과에 미치는 영향에 관한 연구)

  • 김성규;박호건;손희철;안기명
    • Journal of Korea Port Economic Association
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    • v.17 no.1
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    • pp.73-90
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    • 2001
  • Logistics has become a key element in a shipping firm's overall strategy, now that the concept of logistics has expanded into one that is more comprehensive and integrated. furthermore, the global shipping market is the most competitive market in the world. In this environment, shipping firms are using Logistics Information Systems (LIS), which help them to save time and reduce costs. As such, LIS has become a critical part of Korea's attempts to develop Its national logistics system and industry. In this light, this study attempted to empirically determine the critical elements necessary for effective shipping LIS implementation and to then analyze how these elements are related to actual logistics performance within the shipping industry. The research results show that the sample firms considered the following factors to be most Important to an effective LIS: the support of top management; an efficient and well-structured communication channel; a solid strategic implementation plan; and a high level of information analysis internally. Other factors mentioned as being somewhat significant included MIS organization and human resources, MIS discipline and training, software development capabilities, MIS organizational alignment, database management systems information standardization, competitive advantage, financial support and government support The main problems with current shipping LIS include the expensive cost of systems, lack of standardized working processes, and weak organizational structures.

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A Study on Model of Regional Logistics Requirements Prediction

  • Lu, Bo;Park, Nam-Kyu
    • Journal of Navigation and Port Research
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    • v.36 no.7
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    • pp.553-559
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    • 2012
  • It is extremely important to predict the logistics requirements in a scientific and rational way. However, in recent years, the improvement effect on the prediction method is not very significant and the traditional statistical prediction method has the defects of low precision and poor interpretation of the prediction model, which cannot only guarantee the generalization ability of the prediction model theoretically, but also cannot explain the models effectively. Therefore, in combination with the theories of the spatial economics, industrial economics, and neo-classical economics, taking city of Erdos as the research object, the study identifies the leading industry that can produce a large number of cargoes, and further predicts the static logistics generation of the Erdos and hinterlands. By integrating various factors that can affect the regional logistics requirements, this study established a logistics requirements potential model from the aspect of spatial economic principles, and expanded the way of logistics requirements prediction from the single statistical principles to an new area of special and regional economics.

A Study on the Design of Digital Twin-Based Communication Tools for Smart Port and Autonomous Ship (스마트항만-자율운항선박 연계를 위한 디지털 트윈 기반 커뮤니케이션 도구 설계 연구)

  • Cho Yuseong;Cho Yongdeok;Koo Hanmo;Koopo Kwon
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2022.11a
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    • pp.362-365
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    • 2022
  • With the development of the 4th industrial revolution technology, smartization in various fields is accelerating. The shipping and logistics industry is also promoting smartization by combining advanced new technologies such as digital twin, Internet of Things, and artificial intelligence. In Korea, the Ministry of Maritime Affairs and Fisheries is promoting a strategy to spread the smart shipping logistics system in line with the changing global shipping logistics trend, and through this, it is creating a foundation for smart shipping logistics. This study aims to present the concept of a communication tool that recognizes the importance of communication between each logistics entity and exchanges opinions between logistics entities in a virtual digital twin environment to cope with the changing shipping logistics process. In addition, for the development of these communication tools, this study derive a software design model, including architecture.

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