• Journal of Korea Port Economic Association
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• v.24 no.3
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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.

• Korean Journal of Construction Engineering and Management
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• v.8 no.5
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• pp.71-79
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• 2007

It is common that the analysis of VE/LCC is performed in design phase of quay wall structures. The analysis is mainly executed based on experience and engineering sense of expert considering the selection of construction method, construction and maintenance cost. Recently there are increasing demands on the analysis that includes uncertainty and vulnerability of input parameters, for this purpose, fuzzy reliability based probabilistic VE/LCC analysis model for quay wall structures is suggested. In VE/LCC analysis for quay wall structures, the application of probabilistic analysis method give very similar results compare with those of deterministic analysis method. It is anticipated that the methodology proposed in this paper can also be utilized in the design and maintenance phase of other facilities where decision making is made for the probabilistic life cycle cost and value analysis.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2004.11a
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• pp.127-132
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• 2004

Most q the domestic container terminals are inferior to throughput q container. The reason why they have the difference between the handling capacity q planed quay and its real. By putting into quay handling equipment, the productivity of quay can be improved, waiting rate q the ship can be lowed. This paper suggests more resonable terminal construction, throughout comparing with previous construction way, improved handling capacity and the economical efficiency of equipment costs, labor costs, construction costs, operation costs on change of terminal size by adding the equipment.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.23 no.6
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• pp.422-428
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• 2011

Optimal reliability indices were found by optimizing life cycle cost(LCC) of pier type quay walls. Failure probability of pier and shore bridge were calculated by response surface method. Then, they were used to obtain recovery cost after damage. Costs for initial construction and maintenance were also considered in finding optimal reliability indices. Target reliability indices which may be used in reliability based design were suggested by numerical examples under seismic load and ship load.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.26 no.2B
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• pp.217-223
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• 2006

This study is to investigate the effect of environmental mitigation in relation to the construction of quay structures for containers and to estimate economic values of environment-friendly structures using CVM. The result shows that the B/C ratio of environment-friendly quay structures designed to mitigate environmental impact is 4. That is, environmental improvement work proves to generate environmental benefit over 4 times as much as the construction cost. Considering the results of the study, environmental improvement work is of great benefit to citizens, and CVM is expected to become an efficient method to measure a proper size for a large construction project as well as to forge public consensus.

• Journal of Korea Trade
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• v.26 no.3
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• pp.23-44
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• 2022

Purpose - Recent issues such as vessel enlargement, strengthening of environmental regulations, and port smartization are expected to increase costs and intensify competition in the port industry. In the new normal era, when external growth has reached its limit, the efficient operation of ports is becoming indispensable for achieving sustainable growth. This study aims to identify the determinants of inefficiency by examining the cost structure and efficiency of container terminals in Korea and furthermore propose the political implications to derive the maximization of efficiency. Design/methodology - This study estimates the cost function of container terminal operators and identifies the efficiency of container terminals using stochastic cost frontier (SCF) in the first stage. In the second step, the SCF results are compared with the data envelopment analysis (DEA). Last, this paper proposes efficiency determinants on container terminal operation to establish appropriate strategies. Out of the 29 container terminal operators in South Korea, 13 operators participated in the survey. The translog cost function was estimated utilizing a total of 116 observations collected over the 2007-2017 period. Findings - Empirical analysis shows that economies of scale exist in Korea's container ports, which provides a rationale for the government's policy to establish the global terminal operator by integrating small terminal operators to enhance competitiveness. In addition, as a result of the determinants analysis, container throughput, weight of direct employment costs, and labour cost share have positive effects on improving cost efficiency, while inefficiency increases as the length of quay increases. More specifically, cost efficiency improves as the proportion of direct employment costs to outsourcing service costs increases. Originality/value - This study contributes to analyzing the inefficiency factors of container terminals through efficiency analysis with respect to a cost function. In addition, this study proposes the practical and political implications, such as establishing a long-term manpower pool, the application of the hybrid liner terminal system, and the construction of a statistical data system, to improve the cost inefficiency of terminal operators.

• Journal of Korea Port Economic Association
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• v.38 no.3
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• pp.69-86
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• 2022

This study analyses the necessity of the large-size shipyard and explores competitiveness factors of it. Furthermore, the competitiveness is evaluated and the economic feasibility of building and operation of shipyard is examined. As a result of AHP analysis of the determining factors of the competitiveness of the repairing shipyard, the importance of the factors was found in the order of arrival and departure safety, repair technology, dock and wharf facilities, repair cost, repair period (on time delivery), and repair parts supply. Moving distance, repair service quality, repair parts supply, arrival and departure safety, repair technology, dock and quay wall facilities, and repair period (on time delivery) were identified as key factors in the AHP analysis for competitiveness of the Busan Port repair shipyard to be built in the future. As a result of the analysing economic feasibility, the net present value of the Busan Port repair shipyard construction and operation investment project was KRW 435.6 billion, and the internal rate of return was 9.8%, higher than the social discount rate (4.5%), and the cost-benefit ratio (B/C) was high at 1.167. As a result of the study, the necessity and economic feasibility of the Busan Port repair shipyard are sufficiently ensured, and the competitiveness assessment was highly positive.

• Journal of the Korean Geotechnical Society
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• v.22 no.8
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• pp.119-127
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• 2006

Granulated Blast Furnace Slag (GBFS) is produced in the manufacture process of pig-iron and shows a similar particle formation to that of natural sea sand and also shows light weight, high shear strength, well permeability, and especially has a latent hydraulic property by which GBFS is solidified with time. Therefore, when GBFS is used as a backfill material of quay or retaining walls, the increase of shear strength induced by the hardening is presumed to reduce the earth pressure and consequently the construction cost of harbor structures decreases. In this study, using the model sand box (50 cm$\times$50 cm$\times$100 cm), the model wall tests were carried out on GBFS and Toyoura standard sand, in which the resultant earth pressure, a wall friction and the earth pressure distribution at the movable wall surface were measured. In the tests, the relative density was set as Dr=25, 55 and 70% and the wall was rotated at the bottom to the active earth pressure side and followed by the passive side. The maximum horizontal displacement at the top of the wall was set as ${\pm}2mm$. By these model test results, it is clarified that the resultant earth pressure obtained by using GBFS is smaller than that of Toyoura sand, especially in the active-earth pressure.