• Title/Summary/Keyword: Shipping Logistics Companies

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A Study on Logistics Integration Strategies of Korean Shipping Companies (국내 해운기업의 물류통합 전략에 대한 연구)

  • Hyung-Jin Chun
    • Korea Trade Review
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    • v.47 no.5
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    • pp.181-200
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    • 2022
  • After the COVID-19 pandemic, a global economic downturn and a recession in the shipping market are expected, it is important for domestic shipping companies to establish appropriate strategy in response to the recession. Accordingly, domestic shipping companies should grow into integrated logistics companies that combine shipping and logistics in the future. And for this purpose, it is necessary to actively promote logistics integration with external shipping and logistics companies. This paper presents the direction of logistics integration for domestic shipping companies to develop as integrated logistics operators with competitiveness in the global shipping market, and presents detailed alternatives. Domestic shipping companies lack the infrastructure such as ships, port terminals, and warehouses, so they have a weak capacity to independently promote logistics integration. At the shipping company level, a logistics integration promotion strategy should be established, and accordingly, logistics infrastructure, service network, and logistics integration operating system should be established. The government should provide tax benefits for logistics integration, financial support for M&As led by domestic shipping companies, a standardized information sharing system, and preparation of educational courses for nurturing digital manpower.

A Study on the Trends of Green Shipping Management Strategies and Policy Suggestions of Global Shipping Companies (글로벌 선사의 Green Shipping 경영전략 동향 조사 및 정책제언 연구)

  • Yeong-Gyun An;Min-Kyu Lee
    • Korea Trade Review
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    • v.47 no.1
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    • pp.63-77
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    • 2022
  • As customer needs for eco-friendly transportation services increase, strategies of major global shipping companies are being established to meet them. Even if logistics costs increase, more and more shippers are choosing shipping companies that fulfill their social responsibilities through decarbonization, and against this backdrop, global shipping companies want to strengthen corporate social responsiveness and reduce shipping environmental costs. In the post-corona era after COVID-19, it is necessary to review the latest Green Shipping management strategies of shipping companies emerging as a new normal for the shipping and logistics industries. This study aims to explore trends in the latest Green Shipping management strategies of global shipping companies pursuing environmental load suppression in the shipping and logistics fields. Among the previous studies, some studies analyzed the green shipping policies of major shipping countries, but they did not deal with the latest policies over time, and few previous study has conducted a fact-finding analysis on the latest Green Shipping management strategies of major shipping companies at the corporate level. This study attempted to analyze securities reports by major domestic and international shipping companies and to present the latest Green Shipping management strategies by shipping companies.

A Survey on the Shipping and Port Logistics Industry in Busan, and Establishment of Its e-Logistics Infrastructure (부산지역 해운.항만업체 총조사와 e-Logistics 인프라 구축에 관한 연구)

  • 노흥승;이재원
    • Journal of Korea Port Economic Association
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    • v.17 no.2
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    • pp.167-182
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    • 2001
  • The government of Busan Metropolitan City conducted the "Survey on Shipping and Port Logistics Companies in Busan" between May and December, 2000. This was the first comprehensive survey of Busan Port conducted from the perspective of regional & industrial economics. The objective of the survey was to find out the level of influence of the shipping and port logistics industry on the regional economy of Busan, and to obtain base data for use in establishing an actual promotion program. The survey acquired information about human and physical resources, management conditions and consciousness of the industry, In addition, the study analyzed the survey data. The results of the analysis showed a method of creating added value in support of the marketing activities of the companies, and indicated methods of achieving systematic and sustainable promotion. The government of Busan City shall develop an e-Logistics infrastructure which can deliver a synopsis and intelligent information to people and companies in the industry by the end of this year. The information system would be of great help for people who may not be familiar with Busan's port and shipping industry, particularly international shipping companies. This will result in an Increase of trade and exchange in the shipping and port logistics industry, resulting in the generation of increased added value within the near future.

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Analysis of selection in preference to 3th logistics through logistics activities -Manufacturer and publisher approach- (물류활동을 통한 3자물류 선정 선호도 분석 -제조사와 유통사를 중심으로-)

  • Kim, Ki-Hong
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.185-191
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    • 2012
  • According to result of this paper, shipping companies tend to choose a third party logistics company that is able to provide consulting services that is the core of the administration of distribution. Shipping companies expect that the consulting services would be able to increase the efficiency through utilizing not logistics functions of shipping, unloading, storage, and information but performance indices of logistics activities. Because shipping companies generally regard that third party logistics not only has no expertise but also is small, in order to activate third-party logistics industry, the consulting services should be improved.

A Study on the Business Performance of Shipping and Logistics Companies using Data Environment Analysis (DEA를 활용한 해운.물류 기업의 경영성과에 관한 연구)

  • Go, Daekyung;Woo, Suhan;Kang, Hyowon
    • Journal of Korea Port Economic Association
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    • v.30 no.2
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    • pp.93-112
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    • 2014
  • To study the business performance, this research reviewed the revenue of 2012 for shipping and logistics companies in Korea, then selected 10 shipping companies and 10 logistics companies according to annual sales amount. These 20 companies are divided into four groups considering their business structure and their financial performance are organized from 2005 to 2012. Then CCR, BCC model has been applied to static efficiency and dynamic changes in productivity for analysis. As an overall result, logistics companies are proven to be better than shipping company in efficiency, change of productivity, growth and profitability. Among the logistics companies, the performance of second party logistics companies are relatively better in those factor above than the third party logistics companies.

A Strategy of Utilizing a Training Program to Penetrate into Global Shipping and Port Logistics Market (해외 해운항만물류시장 진출을 위한 연수프로그램 활용 방안)

  • Ryoo, Dong-Keun;Shon, Bo-Ra
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2012.10a
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    • pp.92-93
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    • 2012
  • Nowadays, there is increasing demand for a training program to transfer advanced knowledge of shipping and port logistics with the investments in overseas shipping and port market. A current training program in the field of shipping and port logistics has a short-term achievement, but domestic logistics companies do not utilize the training program to penetrate into the overseas market. Therefore, this paper investigates domestics logistics companies' overseas business activities, and current operation and problems of a training program. In addition, this paper presents how to utilize a training program for domestics shipping and port logistics companies to penetrate successfully into the overseas market.

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A Study on the Effect of Logistics Integration between Shipping Companies and Logistics Companies on Performance (해운기업 및 물류기업 간의 물류통합이 성과에 미치는 영향에 관한 연구)

  • Hyung-Jin Chun
    • Korea Trade Review
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    • v.46 no.4
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    • pp.77-93
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    • 2021
  • The results of this paper show that strategic and technical factors in the integration of logistics between shipping and logistics companies act as a synchronizing factor for internal and external logistics integration. In addition, internal integration of logistics is expanded to external integration, and internal and external logistics integration is shown to enhance the logistics performance of companies. In other words, the greater the strategic need for logistics integration and the higher the utilization of logistics technology, the stronger the motivation for logistics integration. Furthermore, both internal and external integration of logistics have a positive impact on companies' logistics costs and improvement of logistics services.

A Study on the Potential and Requirements in Shipping Companies with RFID Technology

  • Lee Seok-Yong;Kim Yu-Ill;Seo Chang-Gab;Park Nam-Kyu
    • Journal of Navigation and Port Research
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    • v.30 no.2
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    • pp.151-159
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    • 2006
  • This study intends to surveyrequirements for port and logistics supply chain management with RFID {Radio Frequency IDentification)technology. Port and logistics supply chain management has become a critical issue due to the necessity of efficiency, visibility, trace-ability, etc. Since the introduction of RFID technology, its performance, reliability, validity, and safety have been a concern in most industries. Particularly, in port and logistics supply chain management, RFID has the potential to track the movement of containers and to provide in-transit visibility toward customers. In thispaper we consider some critical issues related to port and logistics supply chain management, which previously adopted RFID technology. In order to successfully design and adopt RFID technology and utilize it as optimally as is possible in the port and logistics industry, it is necessary to understand the potential of shipping companies and their requirements in adopting RFID technology in port and logistics.

Maritime Transportation Planning Support System for a Car Shipping Company

  • Park, Byung-Joo;Choi, Hyung-Rim;Kim, Hyun-Soo;Jun, Jae-Un
    • Journal of Navigation and Port Research
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    • v.32 no.4
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    • pp.295-304
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    • 2008
  • In order to achieve a sustainable competitive advantage in the expanding maritime transportation market, most shipping companies are making every effort to reduce transportation costs. Likewise, the car shipping companies, which carry more than 80% of total car import and export logistics volume, also do their utmost for transportation cost saving. Until now many researches have been made for efficient maritime transportation, but studies for car shipping companies have rarely been made. For this reason, this study has tried to develop a maritime transportation planning support system which can help to save logistics costs and increase a competitive power of car shipping companies. To this end, instead of manual effort to solve the routing problem of car carrier vessels, this study has used an integer programming model to make an optimal transportation planning at the minimum cost. Also in response to the frequent changes both in the car production schedule and ship's arrival schedule after the completion of transportation planning, this research has developed a decision support system of maritime transportation, so that users can easily modify their existing plans.

An Analysis on the Relationships between Port Selection Factors

  • Lee, Myoun-Soo;Kim, Tae-Won;Jang, Woo-Jun;Kwak, Kyu-Seok;Nam, Ki-Chan
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • v.1
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    • pp.441-446
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    • 2006
  • The world economy has came into unlimited competition with globalization since 1990. Opening markets to the world is in progress through the expansion of world free trade and internationalization of multinational enterprises. In the maritime transportation for world trade, shipping companies pursue "Hub & Spoke" strategy so a port which is not able to be located as a hub port is degraded as a feeder port. To attract shipping companies, it is necessary for existing ports to provide differentiated service. This paper devises marketing strategies for a competitive port after evaluating relation among the factors affecting port selection when a shipping company chooses a port of call. On the basis of determinants derived from existing researches, we study the relation as well as importance among the factors of port selection.

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