• Title/Summary/Keyword: Trade port

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The Maritime Trade of Tang and Silla

  • Li, Baoming;Zhao, Lujun
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 1997.10a
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    • pp.217-221
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    • 1997
  • The relationship between Tang and Silla was closer than other countries and districts of North-east Asia. At Tang Dynasty, Dispatching the formal envoy between them had 160times by record in the hitory chronicle(which has 104 times before the middle 8th. Ad century , then 56times). The traffic between Tand and Silla based on seaway, because the relationships of GaoLi, Silla and Baiji fell foul of each other at 625 AD, GalLi had blocked the land way from Silla to Tand. The marine trade , development in political association bwtween Tand and Silla, was occupied by personal marine trade gradually which accompanied with the Tang empire.

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A Study on Risk Management for Export Control on Strategic Trade in Supply Chain Management

  • Roh, Tae-Hyun;Park, Jin-Hee
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.709-718
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    • 2013
  • In this study, AHP analysis was conducted through a survey that was organized by 9 job categories. The results show that sustainable operation risks have the highest priority level among all criteria with management interest having the highest priority level within sustainable operation risks related attributes. The most important risk attributes among stakeholder risks appeared to be asset security and cargo and conveyance security, with education and training being the most important among regulatory risks. Effective management and response to the risks from export controls on strategic trade require an understanding of supply chain security and compliance programs, effective training programs, investments for development of security systems that meet international standards. In addition, the government needs to focus on developing professionals and providing support for companies with compliance programs, working closely with businesses.

Lessons from British Port Privatisation

  • Kim, Jin-Hwan
    • Journal of Distribution Science
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    • v.13 no.2
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    • pp.5-13
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    • 2015
  • Purpose - In recent years, concerns over privatization have been growing in some public sectors. Privatization in Britain offers lessons for those who have intended to privatize their industry, and in particular, the port industry. Therefore, it is useful for researchers to examine British port privatization in detail, particularly the implications of UK port privatization. Research design, data, and methodology - After reviewing the historical development of the UK port industry, the important factors determining the success of the British port privatization process were identified. The interpretations could be lessons for some other country to consider port privatization in near future. Results - The key factors in relation to port privatization are first, regulation; second, ownership; and third, utilities and operations, which includes autonomy, efficiency, and competitiveness. In addition, the UK port management system is a pure private port system, which has been successful. Conclusions - In Britain, after deciding to privatize the erstwhile public ports, they were fully privatized, focusing on the aforesaid key factors. This offers important lessons for the privatization of other ports in the world.

Location Selection of an LNG Bunkering Port in Korea

  • Lu, Wen;Seo, Jeong-Ho;Yeo, Gi-Tae
    • Journal of Korea Trade
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    • v.23 no.2
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    • pp.59-75
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    • 2019
  • Purpose - The International Maritime Organization (IMO) has promulgated strict regulations on emissions in the maritime shipping industry. LNG (Liquefied Natural Gas) is, therefore, recognized as the optimal fuel alternative solution. The aim of this study is to select the most suitable location for an LNG bunkering port. This is formulated as a multiple-criteria ranking problem regarding four candidate ports in South Korea: the ports of Busan, Gwangyang, Incheon, and Ulsan. Design/Methodology/approach - An analysis employing the Consistent Fuzzy Preference Relation (CFPR) methodology is carried out, and the multiple-criteria evaluation of various factors influencing the location selection, such as the average loading speed of LNG, the number of total ships, the distance of the bunkering shuttle, and the degree of safety is performed. Then, based on the combination of both the collected real data and experts' preferences, the final ranking of the four ports is formulated. Findings - The port of Busan ranks first, followed by the ports of Gwangyang and Ulsan, with the port of Incheon last on the list. Originality/value - The Korean government could proceed with a clear vision of the candidate ports' ranking in terms of the LNG bunkering terminal selection problem.

A Berth Assignment Planning for a Public Terminal (공공터미널의 선석배정계획에 관하여)

  • Keum, J.S.;Lee, H.G.;Lee, C.Y.
    • Journal of Korean Port Research
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    • v.10 no.2
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    • pp.7-15
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    • 1996
  • A berth assignment problem has a direct impact on assessment of charges made to ships and goods. A berth can be assigned to incoming vessels and operated in tow different ways: as a common user berth, as a preference berth. A common user berth is a berth that any ship calling at a port may be permitted to use according to her time of arrival and to priorities as determined by the port authority. In this paper, we concerned with various types of mathematical programming models for a berth assignment problem to achive an efficient berth operation. In this paper, we focus on a reasonable berth assignment programming in a public container terminal in consideration of trade-off between server and user. We propose a branch and bound algorithm & heuristic algorithm for solving the problem. We suggest three models of berth assignment to minimizing the objective functions such as total port time, total berthing time and maximum berthing time by using a revised Maximum Position Shift(MPS) with which the trade-off between servers and users can be considered. The berth assignment problem is formulated by min-max and 0-1 integer programming and developed heuristic algorithm to solve the problem more easily instead of branch and bound method. Finally, we gave the numerrical solutions of the illustrative examples.

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The User Analysis for Visual Range and Arrangement of Light-buoy on the Channel of the Domestic Trade-port (국내 무역항 항로의 등부표 시인거리와 배치에 관한 이용자 분석)

  • Kim, Jung-Hoon;Gug, Seung-Gi;Yun, Jong-Hwui;Jeong, Tae-Gweon
    • Journal of Navigation and Port Research
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    • v.32 no.5
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    • pp.327-332
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    • 2008
  • This paper analyzed the visual range and arrangement of light buoy on navigation officers as the primary material to establish the standard of optimal arrangement of light buoy on the channel of the domestic trade-port. About $30{\sim}150$ questionnaires by port were distributed according to the scale of trade-ports and then Effective total 356 copies were used in analysis. The distance, $2{\sim}4$mile, occupied the highest percentage 55.0% as the visual range with naked eyes at the daytime in bright weather. At the arrangement way of light buoy the both sides buoy method showed high in the preference 62.1% among the respondents. The preferred interval between sequence buoys was averagely 1.09mile. Also, the preferred number of light buoy was two in the preference 40.6% among them to cognize without binoculars.

Estimating Benefits of Gwangyang Port Container Terminals' Berth Relocation (광양항 컨테이너 터미널 선석 재배치에 따른 기대효과 분석)

  • Yong-Ki Koh;Sang-Hun Han
    • Korea Trade Review
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    • v.45 no.5
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    • pp.141-159
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    • 2020
  • Container terminals at Gwangyang Port are operated by three container operators: A, B and C. Ultimately, there is consensus that a single operator should operate all terminals so that economies of scale can be achieved even in the operation of the container terminal. Integration between operators has a positive effect on both operators and shipping companies. From the operator's point of view, overlapping fixed costs between operators can be unified, reducing overall costs and utilizing spare facilities. On the other hand, from the viewpoint of the shipping company, it is possible to ensure stable use of the port facilities and always allow berthing, reduce days on demurrage and ship waiting, and provide one-stop service for work. However, existing cases of operators' integration or relocation of terminals remained to estimate the expected effects of alternatives, emphasizing only the financial point of view. The port terminal is a large system, and it is important to consider that it is an aggregate of major logistics facilities and equipment. Moreover, if the estimation can be made by quantifying the expected effect, the justification of the terminals' relocation can be further emphasized. Therefore, it is very important to estimate the expected effect from the viewpoint of systemic operation. Moreover, the need for operators' integration can be further emphasized if it can be estimated through quantification of expected effects. Currently, three alternatives are considered as alternatives to the terminals' relocation, and in this study, the optimal plan was derived for the 3 alternatives by the linear planning model of the minimum shuttle transportation cost in the terminal. The optimal plan is alternative 2, which shows the most advantageous integration effect in terms of expected effects. Alternative 2 integrates the B terminal into the C terminal, and the A terminal operates independently as it is.

A Study on Logistics Development in Mongolia

  • Boldbaatar, Tumenjargal;Yoon, Daeg-Wun
    • Journal of Navigation and Port Research
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    • v.36 no.4
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    • pp.313-319
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    • 2012
  • This study aims to present about current status of logistics in Mongolia. As a landlocked country have limited the role of a maritime transportation is a very poor country. However, Mongolia is a rich country in mineral resources in the world and became a center of increasing international trade. Therefore, Mongolia wants to develop logistics as other developed countries using a strategic location. Mongolia uses international port for transit China and Russia by railway. First, this paper focuses on discussing the current situation of logistics. Second it points out some issues currently facing by the governmental policy to promote. Finally, this paper presents some recommendations for developing logistics in Mongolia. The geographical remoteness of Mongolia which results in high cost of transport causes problems for trade relations with the rest of the world to grow.

A Study on Estimating Container Throughput in Korean Ports using Time Series Data

  • Kim, A-Rom;Lu, Jing
    • Journal of Navigation and Port Research
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    • v.40 no.2
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    • pp.57-65
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    • 2016
  • The port throughput situation has changed since the 2008 financial crisis in the US. Therefore, we studied the situation, accurately estimating port traffic of Korean port after the 2008 financial crisis. We ensured the proper port facilities in response to changes in port traffic. In the results of regression analysis, Korean GDP and the real effective exchange rate of Korean Won were found to increase the container throughput in Korean and Busan port, as well as trade volume with China. Also, the real effective exchange rate of Korean Won was found to increase the port transshipment cargo volume. Based on the ARIMA models, we forecasted port throughput and port transshipment cargo volume for the next six years (72 months), from 2015 to 2020. As a result, port throughput of Korean and Busan ports was forecasted by increasing annual the average from about 3.5% to 3.9%, and transshipment cargo volume was forecasted by increasing the annual average about 4.5%.

Analysis of dependence structure between international freight rate index and U.S. and China trade uncertainty (국제 해운 운임지수와 미국과 중국의 무역 불확실성 사이의 의존성 구조 분석)

  • Kim, Bu-Kwon;Kim, Dong-Yoon;Choi, Ki-Hong
    • Journal of Korea Port Economic Association
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    • v.36 no.4
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    • pp.93-106
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    • 2020
  • Trade is an important economic activity. In particular, since the establishment of the World Trade Organization (WTO), the scope of trade has been expanding due to events such as the entry of China into the WTO in 2001, the establishment of a multilateral trading system, mitigation and integration of trade barriers, and the establishment of the free trade agreement (FTA). Despite the expansion of the trade market, however, extreme events such as the 2008 global financial crisis, the 2016 Brexit, and the 2018 US-China trade war have had a direct negative impact on the trade market. Therefore, the present this study analyzed the dependence structure between the international shipping freight rate index, a variable representing trade activities, and the trade uncertainty between the US and China. The following is a summary of the analysis results. First, the US-Chinese trade policy uncertainty and international shipping freight rate index presented a Frank copula and rotated Clayton copula 270° distribution, respectively, showing the same distribution structure for each country. Second, the Kendall's tau correlation revealed a negative dependence between the international shipping freight rate index and US-Chinese trade policy uncertainty. The degree of dependence was greater in the combination of uncertainty in China's trade policy and international shipping freight rates. In other words, the dependence of global demand and trade policy uncertainty confirmed that China was stronger than the US. Finally, the tail dependence results revealed that the US-Chinese trade policy uncertainty and international shipping freight rates were independent of each other. This means that extreme events related to the trade policy uncertainty or international shipping rate index were not affected by each other.