• Title/Summary/Keyword: trade port

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Analysis of the long-term equilibrium relationship of factors affecting the volatility of the drybulk shipping market (건화물선 해운시장의 변동성에 영향을 미치는 요인들의 장기적 균형관계 분석)

  • Lee, Choong-Ho;Park, Keun-Sik
    • Journal of Korea Port Economic Association
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    • v.39 no.2
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    • pp.41-57
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    • 2023
  • The drybulk shipping market has high freight rate volatility in the chartering market and various and complex factors affecting the market. In the unstable economic situation caused by the COVID-19 pandemic in 2020, the BDI plunged due to a decrease in trade volume, but turned from the end of 2020 and maintained a booming period until the end of 2022. The main reason for the market change is the decrease in the available fleet that can actually be operated for cargo transport due to port congestion by the COVID-19 pandemic, regardless of the fleet and trade volume volatility that have affected the drybulk shipping market in the past. A decrease in the actual usable fleet due to vessel waiting at port by congestion led to freight increase, and the freight increase in charting market led to an increase in second-hand ship and new-building ship price in long-term equilibrium relationship. In the past, the drybulk shipping market was determined by the volatility of fleet and trade volume. but, in the future, available fleet volume volatility by pandemics, environmental regulations and climate will be the important factors affecting BDI. To response to the IMO carbon emission reduction in 2023, it is expected that ship speed will be slowed down and more ships are expected to be needed to transport the same trade volume. This slowdown is expected to have an impact on drybulk shipping market, such as a increase in freight and second-hand ship and new-building ship price due to a decrease in available fleet volume.

Maritime Development Trends in Mongolia

  • Boldbaatar, Tumenjargal;Yoon, Dae-Gwun
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2011.11a
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    • pp.183-185
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    • 2011
  • Mongolia is aiming at connect and expand global trade to third countries using Russia, China and East Asian ports. Also, trying to evolve infrastructure and super-frastructure in international maritime transportation. This paper presents maritime development trends in Mongolia and focuses on discussing the current situation of international maritime plan and points out some issues currently facing by the policy to develop promoting the country's maritime businesses. Finally, this paper presents some future directions for developing the maritime transportation in Mongolia.

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The Zhao Sino-Korea Sea Communications & Ship-Cultural Exchange (장보고현상 급기대당대적계시)

  • Zhu, Jianjun
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.06a
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    • pp.185-190
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    • 2000
  • The concept of Chang Po-Go phenomenon is put forward and discussed in this paper from the point of view of international rationships in north-east Asia. Superfically, Chang Po-Go phenomenon showed trade prosperity on north-east Asia seas, but he nature of the phenomenon lies in the rising and strengthening of korea sea power. As works of the combination of general environment and individual heroism Chang Po-Go phenomenon can bring us some enlightenment on reform and open policy.

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A Study on the Container Tax Collection of Busan City (부산시의 컨테이너세 징수에 관한 연구)

  • 김공원;곽규석;김근섭
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2002.03a
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    • pp.21-30
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    • 2002
  • Busan Port which is the representative social overhead capital facilities for international trade of goods has been the driving force for economic development in Korea. Therefore, the central government should play the major role in building a rear road to Busan Port in order that it may function as a mojor port of Northeastern Asia through the systemization of mutual assistance among connected facilities, completely equipped with port-related facilities befitting to the principal port of imports and exports. In this study, the validity of container tax is being examined, analyzing container tax which Is considered as an obstacle to the development of Busan Port and its purpose, and grasping the present conditions by the realistic speculation on container tax issues and its abolition. First, the port rear road as a social overhead capital facilities, which connects port and expressway, should be considered as part of port, and port is social overhead capital invested by government. Second, the susan City imposes on container tax. As a result, a shipper and a shipping company are paying a double charge by paying container tax with port dues. Third, someone argues that port rear road is constructed as container truck generates much traffic, but it is unreasonable to conclude that container truck is seed of traffic jam because according to traffic survey of Busan City, container truck occupies only 1.45% of total traffic Forth, it has bad influence upon the competitiveness of Busan Port as Northeastern logistics base, as other ports who are competing with Busan Port like Singapore. Hong kong, Kobe make their competitiveness strong by decreasing the cost of pore dues

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A Study on the Strategy of the Activating the Kunsan Port of Changing Global Logistics Circumstances (글로벌 물류환경 변화에 따른 군산항만의 활성화를 위한 대응방안에 관한 연구)

  • Baek, Dae-Young
    • Journal of Korea Port Economic Association
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    • v.26 no.1
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    • pp.195-221
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    • 2010
  • Kunsan port based on the selection of Kunsan Free Trade Area is expected to develop into a regional beach-head port and foreign investment area, and as the result it will play a great role in accelerating the coming age of the west sea. To promote the foreign competitiveness of Kunsan port as a central container port it can be pointed out that 1) to raise up the utilization ratio of Kunsan port as the front base of export and import by multinational corporations, 2) to hustle up the development of Kunsan container port toplay the central role as the composite container linkage central port, 3) to strengthen the attraction activities of foreign investment into the Kunsan Free Trade Area for the balanced development between regions in nation, 4) the support of both central and local governments to accelerate the comingage of the west sea are necessary.

A Study on Estimating Ship Emission - Focusing on Gwangyang Port and Ulsan Port (선박에 기인한 대기오염물질 배출량 산정 연구 -광양항과 울산항을 중심으로)

  • Zhao, Ting-Ting;Yun, Kyong-Jun;Lee, Hyang-Sook
    • Journal of Korea Port Economic Association
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    • v.35 no.2
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    • pp.93-108
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    • 2019
  • Recently, air pollution from the marine ports has become a serious issue all over the world. Because marine trade accounts for 99.7% of Korea's trade, efforts are required to recognize the level of port pollution and establish environmental policies. This study estimates air pollution emitted during the berthing process in the Gwangyang and Ulsan ports. Data on ship activity and characteristics are collected and reasonable methodologies and factors from EEA and EPA are adopted. The results show that 253.09 tons of CO, 1986.61 tons of NOx, 684.01 tons of SOx, 47.88 tons of $PM_{10}$, and 44.69 tons of $PM_{2.5}$ are emitted at the Gwangyang port. Further, the Ulsan port emitted 212.28 tons of CO, 1712.54 tons of NOx, 573.72 tons of SOx, 40.16 tons of $PM_{10}$, and 37.48 tons of $PM_{2.5}$. A stage-by-stage plan for installing AMP infrastructure is suggested as part of a green port policy. This research provides the current pollution status and contributes guidelines for the direction of future policy.

A Study on Analyzing Bottlenecks of Logistics in Incheon Port;Focused on Container Freight (인천항 물류애로요인 분석에 관한 연구;컨테이너 화물을 중심으로)

  • An, U-Cheol;An, Seung-Beom
    • Proceedings of the Korea Port Economic Association Conference
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    • 2006.08a
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    • pp.159-179
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    • 2006
  • As the current trend to the main index of the port competitiveness evaluation, the competitiveness index of the port service comes to more important than the part of expense, location and facility. To reform the bottleneck of port has an effect on improving port service competitiveness. Therefore, this study shows the importance of analyzing bottlenecks on logistics to improve port competitiveness. It collected recent questionnaire data which are the subject as the Custom Service, the Chamber of Commerce and Industry, the Trade Association about bottlenecks of port logistics for working out bottlenecks of domestic port logistics and it produced the order of priorities of bottlenecks by multiplying each output priorities and weights of each process in user of Incheon inner-outer port which is focused on container freight by analysis of priority and Analytic Hierarchy Process(AHP). Unlike existing studies, this study has important values. It presents the priority evaluation only focused on the container freight was produced by port users who are categorized into shipping company, terminal operation company and forwarder, car-ferry in Incheon inner-outer port and making a application of logistics process. It means internal and external competitiveness improvement plan can be presented more concretely and detailed than past competitiveness attributes such as location, facility, service and expense. If the analysis of port logistics bottlenecks which was focused on container freight is extended to the part of general cargo and sundries such as haul grain, car, scrap iron, those studies will be able to provide Incheon port users with useful information and a model of analyzing overall bottleneck of logistics in Incheon port.

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A Study on Safe Operation Standards of Piers based on Mooring Safety Evaluation to Increase Efficiency of Local Management Trade Ports (지방관리 무역항의 효율성 증대를 위한 계류안전성 평가 기반의 부두 안전운용기준에 관한 연구)

  • Kim, Seungyeon;Yu, Yongung;Lee, Yunsok
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.28 no.1
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    • pp.107-116
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    • 2022
  • Local management trade ports are small-sized trade ports, which require active operation to strengthen the local cities' economic power and enhance the local industries' added value. In addition, local management trade ports should berth ships larger than the existing ships to increase efficiency and keep up with the international trend where ships are becoming larger. Furthermore, they should also prepare operating standards. This study selected Okgye Port among local management trade ports. We performed a mooring safety simulation evaluation according to the scenario where a 50,000 DWT vessel is moored at the current 20,000 DWT class pier. The emergency departure criteria were 27kts at 3.2s of wave period and 22kts at 5.0s of wave period at the existing pier. Results showed that mooring limit condition increased by about 50% to 41kts at 3.2s of wave period and 36kts at 5.0s of wave period. This study can be used for strengthening mooring facilities and setting operational standards for safe port operation when large ships are berthing.

Packing Industry Realize Plan of Gwang Yang Bay (광양만권의 패키징산업화 구현 방안)

  • Park, Hong-Gyun
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.103-119
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    • 2005
  • For the selection of attraction industry of foreign investment in the free trade zone of Gwang Yang Bay, an overall consideration should be made considering aspects such as the industry development strategy of Gwang Yang Bay and the regional industry development strategy of the local government. For Gwang Yang Bay to grown into the E-Hub Port of Northeast Asia, the development of the back zone of should be accelerated. There is a need to offer custom made incentives for the core businesses. Packaging is a field of combined science and a future industry. Packaging industry, which has close association with regional industry and regional college's research human resources, should be combined with design and set up a packaging industry complex.

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A Study on Comparative Analysis of Maritime Security Programs - Focussed on TWIC

  • Yoon, Dae-Gwun
    • Journal of Navigation and Port Research
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    • v.33 no.4
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    • pp.283-288
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    • 2009
  • To improve maritime security and enhance international shipping commerce within US ports in addition to ISPS (International Ship and Port Facility Security Code), the TWIC (Transportation Worker Identification Credential) program is working on the maritime field from the October 15, 2008 in the United States. In this paper, the program is reviewed and investigated in terms of goal, benefit, solution, and related legislation so forth In addition, other maritime security programs including MMD (Merchant Mariner Document), FAST (Free and Secure Trade), SIDA (Security Identification Display Areas). and Air Cargo security program was analyzed and compared in order to obtain relationship and difference with the program in terms of enrollment frequency, list and method of security check, and profile of each program As a result of this paper, the program is mostly to improve maritime security, protect individual privacy, and enhance commerce rather than other programs.