• Special Issue of the Society of Naval Architects of Korea
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• 2007.09a
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• pp.135-141
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• 2007

CSR(Common Structure Rules) enter into force on $1^{st}$ April 2006. Generally for double hull tankers of less than 150m in length, the Rules of the individual Classification Society are to be applied. Where high tensile stresses act through an intermediate plate, increased fillet welds or penetration welds are to be used longitudinal/transverse bulkhead primary support member end connections to the double bottom. If workers have begun to make used of established procedures between corrugated BHD and lower stool joint, first to welding on groove of face and then it has to gouging to blow on groove of root. So amount of man-hour increased, productivity secreased.

• Communications of the Korean Mathematical Society
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• v.33 no.1
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• pp.345-360
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• 2018

In finance, barrier options are options contracts with a payoff that depends on whether the price of the underlying asset hits a predetermined barrier level during the option's lifetime. Based on exotic options and random fluctuations of interest rates in the marketplace, we consider discount barrier options with a stochastic interest rate driven by the Hull-White process. This paper derives the closed-form solutions of the discount barrier option and the discount double barrier option using Mellin transform methods and the PDE (partial differential equation) method of images.

• Journal of the Society of Naval Architects of Korea
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• v.43 no.1 s.145
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• pp.128-133
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• 2006

This study is focused on the skill to prevent RIB (Rigid Inflatable Boat) from sinking. For better ability to prevent sinking, single hypalon tube is replaced by double TPU (Thermoplastic Polyurethane) tube that is excellent at frictional wear strength and oil-resisting qualities. High buoyant materials are arranged in empty spaces of ship so that ship's spare buoyancy is increased. And for restoration of stable position of ship, the self-righting system is installed. Aluminium alloy is used for increasing hull strength.

• Journal of Environmental Policy
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• v.11 no.2
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• pp.17-54
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• 2012

This paper researched market responses for listed companies in several industries affected by the major oil spill accident off the coast of Taean, in December 7, 2007. The Taean accident triggered considerable concerns in people over the possibility of potential future regulation in shipbuilding and petroleum industries. However, the accident also provided an unexpected business opportunity for environmental clean-up industry and shipbuilding industry. The oil spill triggered the acceleration of the enactment of policies that require all new oil tankers to be constructed with double hull, which is interpreted as a good news for shipbuilding industry. Increased public pressure coupled with the prospect of tightened regulation is expected to decrease the market values of firms in the affected business fields. The stock prices of shipbuilding companies dropped after the incident but dramatically surged after the enactment of the policy in January 31, 2008. Our study also found that companies with more extensive prior environmental disclosure had less negative market reactions during the first sixteen days following the accident.

• Journal of the Society of Naval Architects of Korea
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• v.53 no.4
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• pp.336-342
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• 2016

H-CSR(Harmonized Common Structural Rules) integrating CSR-BC(Common Structural Rules for Bulk Carriers) and CSR-OT(Common Structural Rules for Double Hull Oil Tankers) came into effect in July of 2015, so that bulk carrier and double hull oil tanker should comply with this rules. So far, several studies for trend analysis of requirements of structure scantling based on H-CSR have been carried out briskly. However, those studies are rare to apply H-CSR in actual structural design of ships, especially bulk carriers. In this study, an automated system for compartment arrangement is used to search the design case that minimizes still water bending moment(S.W.B.M) in 38k bulk carrier designed by Far East Ship Design & Engineering Co. Ltd. Also, various structural design cases are considered by changing arrangement of structural members to reduce ship weight. The SeaTrust-Hullscan software developed by Korean Register is used to perform structural design of ships based on mother ship and proper design cases are selected by user. The DSA(Direct Strength Analysis) is performed to evaluate structural safety for the yielding and buckling analysis by using MSC Nastran software. The effect of weight reduction is verified by comparison of ship weight between mother ship and the selected design cases.

• Journal of the Society of Naval Architects of Korea
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• v.56 no.3
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• pp.263-272
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• 2019

The aim of this study is to develop a rapid calculation technique of the residual strength in order to prevent sequential events under grounding accidents. Very Large Crude-Oil Carrier (VLCC), Suezmax, and Aframax double hull oil tankers carrying large quantities of crude oil were selected for target structures. The rock geometries are chosen from the published regulation by Marine Pollution Treaty (MARPOL) of the International Maritime Organization (IMO). Oceanic rocks as the most frequently encountered obstruction with ships are applied in this work. Damage condition was predicted using ALPS/HULL program based on grounding scenario with selected parameters, i.e. depth of penetration, damage location and tanker type. The results of the scenarios are quantified to form an empirical formula which can evaluate the residual strength. The proposed formula is validated by applying a series of random grounding scenarios.

• Special Issue of the Society of Naval Architects of Korea
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• 2005.06a
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• pp.84-89
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• 2005

The double hull VLCC(Very Large Crude Oil Tanker) have been designed to have each four(4) longitudinal bulkheads and transverse bulkheads in general. Actually, the inside longitudinal bulkheads among four(4) longitudinal bulkheads, which are extended up to the end of the aft cargo hold for continuity of the members, have been designed with knuckled type inboard due to the narrowed hull shape at bottom region, but sometimes the straight type of longitudinal bulkheads were adopted based on the degree of the hull lines shape. However, regardless the type of longitudinal bulkheads, inside and outside longitudinal bulkheads conflict each other in aft cargo hold region This makes the structure more complex thus giving difficulties to structural design and production. Recently, a vessel of straight type was reported to have cracks on bracket end and tripping bracket toe in aft cargo hold region. As a solution to this problem, in designing the first 60m Beam VLCC, DSME developed a new cargo hold structure which is good in production and structural point of view by structural strength and fatigue analysis of fore and aft cargo hold.

• Journal of Ocean Engineering and Technology
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• v.17 no.2
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• pp.72-76
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• 2003

This paper presents the design concept and operation results of float-off for FSO (340,000 DWT Class, ELF AMENAM KPONO Project) built on the ground, without dry dock facilities. It was the first attempt to build FSO, completely, on the ground and launch it using DBU (Double Barge Unit, which was connected by rigid frame structure.) The major characteristics of FSO, which are similar to general VLCC type hull, including topside structure, weigh 51,000 metric ton. In order to have sufficient stability during the deck immersion of DBU, while passing through a minimum water plane area zone, proper trim control was completed with LMC (Load Master Computer). The major features of the monitoring system include calculation for transverse bending moment, shear force, local strength check of each connector, based on component stress, and deformation check during the load-out and float-off. Another major concern during the operation was to avoid damages at the bottom and sides of FSO, due to motion & movement after free-floating; therefore, adequate clearances between DBU and FSO were to be provided, and guide posts were installed to prevent side damage of the DBU casings. This paper also presents various measures that indecate the connector bending moment, damage stability analysis, and mooring of DBU during float off.

• International Journal of Naval Architecture and Ocean Engineering
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• v.8 no.6
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• pp.602-614
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• 2016

It is necessary to develop an efficient optimization technique to perform optimum designs which have given design spaces, discrete design values and several design goals. As optimization techniques, direct search method and stochastic search method are widely used in designing of ship structures. The merit of the direct search method is to search the optimum points rapidly by considering the search direction, step size and convergence limit. And the merit of the stochastic search method is to obtain the global optimum points well by spreading points randomly entire the design spaces. In this paper, Pareto Strategy (PS) multi-objective function method is developed by considering the search direction based on Pareto optimal points, the step size, the convergence limit and the random number generation. The success points between just before and current Pareto optimal points are considered. PS method can also apply to the single objective function problems, and can consider the discrete design variables such as plate thickness, longitudinal space, web height and web space. The optimum design results are compared with existing Random Search (RS) multi-objective function method and Evolutionary Strategy (ES) multi-objective function method by performing the optimum designs of double bottom structure and double hull tanker which have discrete design values. Its superiority and effectiveness are shown by comparing the optimum results with those of RS method and ES method.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.30 no.3
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• pp.209-219
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• 1994

The practical application of riblet to three dimensional double model, for viscous drag reduction, was studied analytically by intergal solution to three dimensional turbulent boundary layers. The case of a V-groove riblet technique on the shear stress and boundary layer velocities were incooperated in the computation of the flow over a smooth slender ship hull. As the results the possible mechanism of turbulent drag reduction by riblets are then suggested based on detailed studies of near-wall turbulence characteristics. And a turbulent boundary layer calculation scheme based on a momentum integral method was modified for the computer program. An example of the calculation results is presented.