• Journal of Korea Port Economic Association
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• 제25권3호
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• pp.361-384
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• 2009

This study aims to analyse the current conditions of transport demand and its environmental problems in Gwangyang Port(GP), and to suggest crucial directions for Gwangyang Green Port(GGP) in Korea. This study consists of three main sections: concept of green growth and green port; the analysis of transport demand and environment situations in GP; policy directions for GGP. This study is mainly conducted by a literature review of related papers, an analysis of secondary data & papers, and interviews with port experts. This study presents important policy directions for successfully managing GGP in Korea as follows: modal shifts plan for green transport and logistics system in GP; energy-saving techniques in GP's berth operation; the application of environmentally friendly port operation methods in GP; construction of GP waterfront facilities; environmentally friendly disposal of maritime waste matters; establishment and implementation of port environment master plan. This study will make a big contribution to the building of green port policy and the providing of professional informations to government officials.

• Journal of Korea Port Economic Association
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• 제28권3호
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• pp.235-257
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• 2012

Recently the role of ports has been changed to satisfy flexibly needs of demands in global economy. A new concept for ports is not just a place for international trade but an important nodal point in logistics chain. The changing environment like this trend creates a high degree of uncertainty and leaves port managers confused with the question how to respond effectively to dynamic market. The latest studies provide that the port must have a good hinterland to achieve competitive advantages in a logistics chain. Korean Government announced "The Master Development Plan for Port Logistics Parks in Korea" in 2006. This contains the plan of hinterland construction of Busan New Port to achieve the status of logistics hub in Asian market. Previous studies rely solely on traditional DCF(discounted cash flow) analysis for investment of hinterland. However DCF method does not include irreversibility, uncertainty and the choice of timing for investment project. This thesis introduces a ROPM(real options pricing model) which overcomes the limitations of traditional valuation methods. The option valuations in this study utilize the Black-Scholes model, the binomial model and the MonteCarlo simulation to value investment opportunity of a port hinterland. In this thesis, an attempt is made to modify the NPV criterion by incorporating the real options approach, and its application is demonstrated in a hinterland construction investment plan. This research has conducted an empirical analysis by calculating economic value of the investment for a hinterland of Busan New Port.

• Journal of the Korea Convergence Society
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• 제12권10호
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• pp.177-188
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• 2021

In South Korea, with the advancement of the 'Port' project, the regeneration industry adapted to the modern economic development has been promoted, leading to construction around the port was also redefined. Therefore, through regeneration, the problem of image construction of buildings around the port has been re-examined, in which color is an important content of image construction. In this study, the exterior walls of abandoned factory buildings in the port area of Bongnaedong, Pusan were selected as the color research object and evaluated according to the characteristics of the regenerated factory buildings combined with the building color function. Technically, KSCP color analysis system is used for color analysis. In this way, the color plan for the exterior walls of the factory buildings is proposed to visually enhance the image of abandoned factory buildings and attract more attention, thus driving the regional economic development. The results of this study show that in order to adapt to the regional, industrial and commercial characteristics of the regenerated port space, the color hue, lightness, chroma and use area of the building can be changed to enhance the aesthetic value and enhance the inductivity and security.

• Journal of Korea Port Economic Association
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• 제29권3호
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• pp.135-158
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• 2013

There have been many conflicts in Pyeongtaek-Dangjin Port among central government, metropolitan council, and cities over the jurisdiction of reclaimed port area, an international passenger terminal construction and a bridge between the port and Dangjin area. This study found out two causes for the conflicts in terms of governance. First, the current governance structure of Pyeongtaek-Dangjin port has high levels of conflict and disputes among stakeholder. Second, there is no leading agency which is responsible for the future development of the port. It is very important to decrease the possibility of conflict and to establish leading agency. Measures to decrease the likelihood of conflict include establishment of conflict resolution mechanism, the clarification of the facts and applicable law, mutual exchanges between stakeholder. Measures to establish a leading agency include the introduction of a single governance, establishment of Pyeongtaek-Dangjin Port Authority, central-local combined governance, and empowering PA to do all port management.

• Journal of Korea Port Economic Association
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• 제40권2호
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• pp.79-90
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• 2024

This study focuses on prioritizing the technology needed for the Gwangyang Port automated terminal. While the world's leading ports are moving forward with the implementation of full unmanned automation and digital smartisation, South Korea is still in the early stages of this process. In order to enhance domestic smart port capabilities and technological competitiveness, the government is promoting the construction of a fully automated terminal at Gwangyang Port. This terminal will test various advanced technologies in the domestic port sector and build infrastructure capable of responding to increasingly sophisticated technologies. The study defines the concept of a smart port for Gwangyang Port and derives an advanced technology pool from domestic and international research. Expert survey and AHP analysis were used to calculate the weight of each technology attribute based on characteristics and urgency. The integration of these weights and importance scores determined the priority of technology adoption. The results showed that automation and optimisation technologies had the highest priority, while environmental and energy-related technologies ranked lower.

• Journal of the Korea Safety Management & Science
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• 제13권3호
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• pp.115-121
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• 2011

Incheon Port has many advantages for import of log and timber for furniture. More than 50% of lumber which was imported is through Incheon Port. However, most companies move and set up their business by taking lease of workshop. Because of expensive cost of transportation, it is suggested to construct a lumber Industrial district in the North Port in Incheon. By researching the national plans about the North Port and Incheon Ports, an adequate acquaintance of lumber industry in Incheon has been realized. ills study conducted the economic effect analysis for lumber industry clustering and the necessity of cluster composition is derived. Then effectiveness analysis for lumber industry cluster composition is sequentially operated.

• Journal of the Korean Professional Engineers Association
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• 제31권3호
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• pp.52-59
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• 1998

• Journal of Ocean Engineering and Technology
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• 제34권6호
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• pp.436-441
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• 2020

Wave field changes resulting from artificial coastal structures constructed in coastal zones have emerged as a major cause of beach erosion, among other factors. The rates of erosion along the eastern coast of Korea have varied mainly owing to the construction of various ports and coastal structures; however, impact assessments of these structures on beach erosion have not been appropriately conducted. Thus, in this study, a methodology to assess the impact of erosion owing to the construction of artificial structures has been proposed, for which a parabolic bay shape equation is used in determining the shoreline angle deformation caused by the structures. Assuming that the conditions of sediment or waves have similar values in most coastal areas, a primary variable impacting coastal sediment transport is the deformation of an equilibrium shoreline relative to the existing beach. Therefore, the angle rotation deforming the equilibrium of a shoreline can be the criterion for evaluating beach erosion incurred through the construction of artificial structures. The evaluation criteria are classified into three levels: safety, caution, and danger. If the angle rotation of the equilibrium shoreline is 0.1° or less, the beach distance was considered to be safe in the present study; however, if this angle is 0.35° or higher, the beach distance is considered to be in a state of danger. Furthermore, in this study, the distance affected by beach erosion is calculated in areas of the eastern coast where artificial structures, mainly including ports and power plants, were constructed; thereafter, an impact assessment of the beach erosion around these areas was conducted. Using a proposed methodology, Gungchon Port was evaluated with caution, whereas Donghae Port, Sokcho Port, and Samcheok LNG were evaluated as being in a state of danger.

• Journal of the Economic Geographical Society of Korea
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• 제6권2호
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• pp.403-419
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• 2003

Busan Port, Korea, is a region that must take integrated measures against problems such as the excessive handling of cargo volume, the intensification of port congestion, and the construction of a new port to improve port competitive power. In particular, if a great deal of function in the existing area of Busan Port transfers to a new port, then the problems of port redevelopment will occur as shown in the cases of port developed countries explained hereafter. For Korean ports, port redevelopment in a port zone is implemented for improving the port productivity that targets a local area, but the entire and systematic port redevelopment is not accounted for. Focused on this point, the paper is to present the directions for full-scale port redevelopment of the existing zone of Busan Port. The findings are as follows: First, the region of Busan is divided according to a regional classification that is necessary for port redevelopment. Thereby, 4 zones, total 26 regions of redevelopment were selected. Second, overseas case studies were considered for port redevelopment. From these same studies, appropriate types of port development in Korea were extracted and presented. Third, the status and problems of the selected redevelopment regions were analyzed, and types of port redevelopment were assigned. This study was not applied to the strict evaluation technique by quantitative analysis, but the concept and directions for unprecedented port redevelopment were first defined and established. It is significant to select target areas for redevelopment by regional classification and present directions for developing each region by choosing Busan Port as a real case study. This initiation will greatly contribute to the succeeding study.

• Journal of Korea Port Economic Association
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• 제24권3호
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• pp.23-35
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• 2008

The purpose of this paper is to suggest a rational cost allocation method that is efficient and fair. Cost allocation by taking cooperative game theory shows fair allocation considering marginal cost by ship type. Current berth occupancy charging method can not recover quay construction costs. Because it levies charges according to berthing time and tonnage of ships without considering the recovery of quay construction costs. And there are also cross subsidies among ships. This paper suggests the cost allocation method of cooperative game theory as a fair and efficient method.