• Title/Summary/Keyword: STX Pan Ocean

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Efficiency Analysis of Ocean Shipping Lines Using Non Radial DEA Model (비방사적 DEA 모형을 활용한 외항해운기업의 경영효율성 분석에 관한 연구)

  • Lee, Tae-Hwee;Yeo, Gi-Tae
    • Journal of Korea Port Economic Association
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    • v.31 no.1
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    • pp.37-49
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    • 2015
  • According to outstanding maritime economists from domestic and overseas, shipping lines or ships' enlargement reduce fixed costs, and assist realization of scale of economy of shipping. On the contrary, recent Korean liquidity crisis on the shipping lines (SL) has been focused on the leading companies such as Hanjin Shipping (HJS), Korealines, and STX Pan Ocean. In this respect, this study aims to review Korean SLs' strategies and suggest the optimal solution between the specialization and enlargement. For these purposes, this research adopts slack based measure data envelopment analysis (SBM-DEA) model as a research methodology. As for decision making units (DMUs), SLs which have increased the vessel numbers and belonged to top tier group in year 2013, are selected. The results are comprised with two aspects. Firstly, HJS, KMTC, Korea LNG Trading (KLT), EUKOR, and Sinokor Tanker show the most efficient in regard to constant return to scale (CRS) model. Secondly, HJS, KMTC, KLT, Daerim, Chungang, Sinnokor Tanker, and EUKOR are the most efficient companies in terms of variable return to scale (VRS) model. Lastly, these results could be affected to the management philosophy and can answer the following question. Which is the most optimized SL?s management decision making, enlargement or specialization?

A Study on the Marine Traffic Risk Assessment by using Ship Handling Simulator (선박조종 시뮬레이터를 이용한 해상교통 위험도 평가에 관한 연구)

  • Park, Young-Soo;Kim, Jong-Sung;Kim, Chol-Seong;Yong, Jeong-Jae;Lee, Hyong-Ki;Jeong, Eun-Seok
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.19 no.2
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    • pp.138-144
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    • 2013
  • Large and small marine accidents which are related to vessel's navigation are happening continuously and these maritime accidents have caused loss of lives and properties, and serious maritime environmental pollution damage. It is also true that maritime pollution damage is increasing due to these accidents, probability of growth of seaborne volume and complicated maritime traffic environment. Korea, recently, is developing an evaluation index which can assess sea risk through the evaluation of maritime traffic environment and provide danger and general information with relation to maritime traffic environment on target sea area to evaluate maritime traffic safety. In this paper, we intend to confirm the validity of maritime traffic safety on the basis of vessel navigator's risk consciousness and various sailing conditions by using the ship handling simulator. To confirm the validity of sailing vessel's maritime traffic safety, we use analysis of variance. By using analysis of variance, we analyze vessel navigator's characteristics, distance, speed and encounter type between vessels. Through multiple comparison of each factor's risk difference, we can confirm the change of numerical value of risk difference in statistical aspect.