• Title/Summary/Keyword: Total Shipping Cost

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A Development Strategy for Hub-Port in Korea (우리나라 주요 항만의 중심항 발전전략)

  • 양항진;장봉규;정두식
    • Journal of Korea Port Economic Association
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    • v.21 no.1
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    • pp.23-44
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    • 2005
  • The port environment is rapidly changing in North-East Asia. Containerships are getting larger and faster and major shipping companies are converting to Hub & Spoke port networks on the transport systems. Therefore, the main ports in North-East Asia are intensively competing with each other for hub port. In terms of geopolitical position, locational conditions and external reputation of ports, Busan and Kwangyang ports have a comparative advantage in comparison with main ports in other countries. But in terms of weight of transshipment cargos in total container cargos, the quality of infrastructure in ports, the environment of logistics service and the cost of, using ports, Busan and Kwangyang ports have a comparative disadvantage. For the growth into hub port in North-East Asia, it is necessary that Busan and Kwangyang ports improve their weakness. Besides It is necessary to develope ports and hinterland quickly, offer uniformity of foreign investment laws and incentive systems.

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A Study on the Management Efficiency Effect Factor of Korean Ocean Carriers

  • Hong, Sog-Min;Ahn, Ki-Myung
    • Journal of Navigation and Port Research
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    • v.44 no.2
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    • pp.119-127
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    • 2020
  • In this study, the current state of management efficiency of ocean carriers in Korea and the factors affecting them were analyzed. The purpose of this research is to enhance global competitiveness of ocean carriers by presenting suggestions that can improve management efficiency based on the analysis results. The measurement of management efficiency was made using the DEA model. The results of testing the adequacy of the input and output variables used are as follows. Appropriate inputs are total assets, cost of goods sold, charter expenses, sales and general management expenses, and interest expenses. Appropriate variables are sales, operating income, and operating cash flow. According to the analysis results of the DEA model by these variables, inefficient carriers (78%) are nearly four times more than efficient carriers(22%). However, container carriers have the most improved management efficiency compared to 2016 and 2017. According to the panel regression analysis, the charter rate has the greatest negative impact on efficiency (CRS), and the debt rate has a significant negative impact. Thus, it appears that reducing the charter size and the debt-to-sale rate facilitate improvement of the management efficiency of ocean carriers. Additionally, the pre-sales tax return rate, value added rate, total asset turnover rate, and the scale variable and interest coverage rate have a positive (+) effect. Thus ocean carriers should restore their global competitiveness by improving management efficiency by securing stable cargoes increasing sales profitability from the cost management perspective, increasing productivity, and enhancing the efficiency of their total assets through efficient fleet management.

A study on the total marine tour "Platform Company" based on Social Network Service (SNS 기반 토털 해양관광 "플랫폼 컴퍼니" 구축에 관한 연구)

  • Lee, Nam-Kyu
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2011.11a
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    • pp.78-79
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    • 2011
  • Tourism demand is expected to continue to rise, actively respond to these demands and customer needs, optimize and differentiated consumer-based content development and delivery that incorporates principals of the need for mediation, is increasing. Smartphone and internet represented SNS collects information based on customer and customer needs by providing differentiated content to meet the cost and the total satisfaction of all tourism is needed to build Platform Company. Platform Company maximize the utilization of natural maritime resources, marine tourism to meet customer demand, profitable and stable income, including job creation are contributing to.

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Analysis of Cost Saving Effect on Stakeholders according to Performance Improvement of Harbor Cranes - The Yeosu Bulk Terminal (항만 양하 크레인의 성능 개선에 따른 이해관계자들의 비용 절감 효과 분석 - 여수 벌크 터미널 중심으로 -)

  • Park, Sang-Kook
    • Journal of Korea Port Economic Association
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    • v.33 no.2
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    • pp.97-109
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    • 2017
  • The Terminal Operating Company (TOC) decides to replace the harbor cranes in order to increase revenue and profit through the improvement of unloading efficiency. To achieve this goal, substantial costs and efforts are necessary. However, the conative participation of harbor stakeholders is needed, because they will certainly be passionate enough when expected effects are obvious. The purpose of this study is to analyze the effect on stakeholders on direct and indirect cost saving when the cargo handling equipment is replaced. According to the analysis, a total cost saving of 6,561.8 million won will arise including a vessel chartering fee of 3,649.6 million won, a port facility fee of 1,528.8 million won, and fuel costs of 1,383.4 million won as direct effects. As indirect cost effects, a total cost saving of 3,107.0 million won will emerge including an environmental pollution cost of 2,134.8 million won and a freight inventory cost of 972.2 million won. Consequently, the replacement of harbor cranes in the TOC has positive effects on shipping companies, shippers, and the government in terms of costs and other aspects. The results of this study can be utilized as a basis to draw a conative cooperation of stakeholders on TOC's promotion of the harbor cranes replacement.

Development applicable to fixed type radar antenna for small vessels (소형 선박용 고정형 레이더에 적용 가능한 안테나 개발)

  • Cho, Dae-young;Kim, Jeong-hwan;Lee, Myoung-won;Lee, Ju-Hyoung
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.21 no.3
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    • pp.530-536
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    • 2017
  • The accident of the small vessel is increasing due to the growth of the sea and service industry. According to data from National Statistical Office, for 100 ton less than small ship accident, the most of the shipping incident generated in the small ship by 84% of the total shipping incident in 2015. The radar obligatory mounting is enforced to the small vessel in order to conclude this problem. However, the problems including the maintenance cost and transmission power etc. happens high if the existing pulse radar is mounted in the small vessel. In this development, the development is for small ship fixed type radar the object. And in this paper, by using the phase array antenna revolving electronically around the beam, the antenna which it is applicable to the marine fixed type radar which can solve above problem was made and it tested.

The Challenge of the Third Generation Port and Port Competition (제 3 세대 항만의 도래와 항만경쟁)

  • 문성혁
    • Journal of the Korean Institute of Navigation
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    • v.18 no.2
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    • pp.91-109
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    • 1994
  • Technological and organisational changes in transport system have introduced new dimension into port system development and inter-port competition. The quality of service now required by the customer is costly and not easily provided by small shipping companies and small ports. It has been suggested that in the future container shipping may be concentrated by space-sharing arrangements or actual mergers into the hands of a few mega-operators with the investment potential to provide total logistics networks. In order to compete effectively, high load factors will be essential and port concentration inevitable. A fa-voured few ports will become the load centres and other ports will assume a secondary feeder role. In this study, three questions are raised and attempts are made to answer them : (a) what is the new role of ports today ; (b) why should ports be engaged in this new role ; and (c) how can ports play this new role. In short, a modern port should be a service centre and a logistic platform for international trade and transport-a third generation port. Ports, in particular, have to make every effort to be competitive in the cost and quality of services and to make the port a transport and distribution service centre. For most ports, this is not an option but a must ; an essential requirement for survival in this win or lose situation. The best way to win is to maintain a close contact with port users, listen to them, discuss with them, help them and satisfy them. That is port marketing. Starting from the findings of port marketing, it is es-sential to work out appropriate development plans and marketing targets and to improve port competitive-ness. As an alternative method, a port competitiveness model is suggested, which may help port managers to make appropriate improvements.

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Choice Factors of Transshipment Port in Northeast Asia

  • Park, Nam-Kyu;Lim, Chae-Kwan
    • Journal of Navigation and Port Research
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    • v.33 no.7
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    • pp.491-500
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    • 2009
  • In order to attract more transshipment cargoes, Busan Port Authority (BPA) has, since 2003, adopted the volume incentive policy by which more than US$ 10 million annually have been paid back to shipping lines that were called at the port. However, having been a transshipment port for the Northeast region of China, the port of Busan has come under threat from bold Chinese port development projects, notably Shanghai, as northern Chinese regionnl ports place more emphasis on building facilities capable of handling growing trade volumes. Undoubtedly this would lead to a decline in transshipment container traffic moved via Busan. The purpose of this paper is to identify some core factors that have been affecting the increase of transshipment cargoes of Busan and further to recommend BPA an improved incentive scheme with which more T/S cargoes can be attracted into the port of Busan To clarity the reason why T/S cargoes have increased in the port of Busan, several steps are made as follows: The first step is to make a quantitative model for explaining the development of T/S cargoes during the last decade. The second step is to define the dependent and the independent variables for multiple regressions after testing variable significance. For this, data collection and the accuracy of validation have been done by the direct interview with the experienced staffs in shipping companies of both domestic and foreign country. After validating the model with collected data, the final step is to find variables which are explaining the model mostly. In conclusion, 2 variables were clearly identified as core factors that explain well the development of T/S cargoes in the port of Busan: 'Mohring effect' and total cost. It is strongly recommended, by an empirical study, that an incentive scheme be changed to a way which more feeder vessels rather than mother vessels can reduce their direct costs to call in the port of Busan.

Analysis of Energy Efficiency Design Index and Onboard Power Capacity for New Building Ships (신조선의 에너지효율설계지수와 선상 동력용량에 대한 분석)

  • Lee, D.C.;Millar Jr, Melchor M.;Nam, J.G.
    • Journal of Advanced Marine Engineering and Technology
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    • v.33 no.6
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    • pp.843-851
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    • 2009
  • Much work has already been done to control and regulate the worldwide problems caused by climate change, particularly the issues on greenhouse gas (GHG) emissions. Carbon dioxide ($CO_2$), having the highest form of concentration among GHGs composed around 1.0 billion tons of emission, and comprises about 98% of the total emissions from the shipping industry. Korean trade mainly rely on the sea transportation. Korean ship tonnages that was brought about by shipbuilders all over the country, continues to grow annually due to the prevailing demands on goods or material supplies and depicting only a small part of the global maritime activity. Nowadays, new build ships coming from the Korean Shipbuilders are being optimized by hull, structure and appendages design, The operational capability of the propulsion and auxiliary machineries in its maximum capacity to achieve the highest possible efficiencies for energy and onboard power use to mitigate $CO_2$ emissions are continually being done through the help of research and development. In this paper, the energy efficiency design index and anboard power capacity of Korean new build ships have been analyzed with response to data collected by ship types, and its respective fuel consumption in relation to $CO_2$ emission results. In response to climate change convention outcome proposals, the best way for the new build ships to become energy efficient is by lowering its operational speed thru adopting the state of the art diesel propulsion engines, patronizing the best sailing practice to lower the transportation cost on the different sea trade routes also helps in $CO_2$ mitigation.

Estimation of Social Costs between the Main Transport Modes using Damage Function Approach (피해함수접근법을 이용한 주요운송수단의 사회적 비용 산정)

  • So, Aerim;Shin, Seungsik
    • Journal of Korea Port Economic Association
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    • v.28 no.4
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    • pp.1-37
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    • 2012
  • The purpose of this paper is to estimate the social costs induced by various transport modes such as truck, rail and sea vessel. For this purpose, we introduce the damage function of each transport modes, and estimate social costs for 10 items using Meta Analysis. As a results, this study can find that shipping is the most efficient transport mode because it gives the lowest social costs among them. This study also find that the iso-cost transport distance that gives the equal social costs between the transport modes. Our methodology can be thought somewhat inferior to the Contingent Valuation Methods, however the advantage of this methodology is that we can decomposite the total social costs into item by item and can apply it to other researches.

Study on shipment time of low-temperature stored apple (저온저장 사과의 출하시기에 대한 실태조사 연구)

  • Yu, Chang-Hwan;Kim, Yun-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.7
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    • pp.554-564
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    • 2017
  • The purpose of this study is to assist farmers in determining the optimal time for the shipment of stored apples by investigating the market trends, storage status and release dates of low-temperature stored apples. We surveyed 300 apple cultivation farms in Daegu, Gyeongbuk Province, which is the main producer of apples, and examined the cultivars, cultivation areas, storage conditions, and shipment status of apples. The main results are as follows: the proportion of apples cultivatedat different ripening times was surveyed. According to the results, the proportions of early, middle and late varieties were 78.3%, 63.7% and 96.0%, respectively. Also, 48.7% of the farm households surveyed had cold storage facilities. The average storage cost per apple box(15kg) was 978.3 won for self-storage and 1,771.8 won for consignment storage. For the six(6) months between November and April, the proportion of shipped apples was 91.6% of the total stored apples. The (average total?)annual apple shipment, including apples stored in general storage warehouses, was 744.4 boxes. The (average total?) annual shipment of cold storage apples was 616 boxes. The stored apples were mainly shipped to 'wholesale markets', which have the highest sales share, followed by 'production site collectors' and then 'supermarkets'. The most common shipping method of the apples was by general trucks, followed by low-temperature trucks, and finally by delivery services. The analysis of the factors influencing the decision to release apples by period showed that it was affected by the storage cost, loss rate, and customary shipping in the off-season(from May to August). On the other hand, in the general release season(from November to April), the statistically significant decision factors for the release of apples were the future expected price, storage cost and decision of the leading farmer groups. For farmers with a high share of general shipment, the deciding factors for the release of apples were the future expected price, storage cost, high income expectation, and decision by leading farmers.