• Journal of Korea Port Economic Association
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• v.33 no.1
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• pp.11-30
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• 2017

In addition to recession, world shipping companies are undergoing restructuring due to excess of "World Container Cargo volume" per "World Containership capacity" (in TEU terms). This excess is attributed to the absence of standard index of calculating the "World Containership capacity" (in TEU terms) for "World Container Cargo volume." The purpose of this study is to develop indices and terms: "World Containership capacity (in TEU terms) Standards Index; WCSI" and "World Containership capacity (in TEU terms) Expected Index; WCEI." The comparison between "WCSI" and "WCEI" made in this study is presented below. WCSI (Average voyage 9.3) > WCEI Excess shipping (in TEU terms) WCSI (Average voyage 9.3) = WCEI Optimum shipping (in TEU terms) WCSI (Average voyage 9.3) < WCEI Short shipping (in TEU terms) WCSI=HRCI $1000{\pm}150$ Value approx. The study shows that it is possible to predict "optimal supply of the world's containership capacity" (in TEU terms), "excess or shortage of shipping" (in TEU terms), "order time of container-ship capacity building" (in TEU terms), "order quantity of containership capacity" (in TEU terms), and "stable of World Shipping Companies" by "WCSI" and "WCEI." The development of "WCSI" and "WCEI" aim to help overcome the crisis of recession by establishing effective business strategies for world shipping companies and their supporting companies.