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The Development of Sea Transport in South Korea Between 2002-2017
Scientific Journal of Silesian University of Technology. Series Transport Zeszyty Naukowe Politechniki Śląskiej. Seria Transport Volume 105 2019 p-ISSN: 0209-3324 e-ISSN: 2450-1549 DOI: https://doi.org/10.20858/sjsutst.2019.105.15 Journal homepage: http://sjsutst.polsl.pl Article citation information: Mindur, M. The development of sea transport in South Korea between 2002-2017. Scientific Journal of Silesian University of Technology. Series Transport. 2019, 105, 183-199. ISSN: 0209-3324. DOI: https://doi.org/10.20858/sjsutst.2019.105.15. Maciej MINDUR1 THE DEVELOPMENT OF SEA TRANSPORT IN SOUTH KOREA BETWEEN 2002-2017 Summary. The transformation of South Korea from one of the poorest countries in the world in the 1950s to an industrial power and a member of OECD was exceptionally fast. The policy promoting the import of raw materials and the latest technologies enabled Korea to join the group of the most rapidly growing economies in the world in 2004. Such an imposing growth rate was the result of booming industrial production, trade expansion to Asian, American and European markets and a liberal economic policy. The Korean economy is the most foreign- trade dependent country of all OECD members, with sea transport playing a predominant role. This article analyses basic Korean macroeconomic indicators within 2002-2018, with particular emphasis on the GDP. It discusses sea transport figures, including the cargo handling capacity of Korean ports, as well as port and logistics operations and the throughput of Busan, the largest South Korean and one of the largest seaport in the world. Additionally, this article shows innovation and ecology focus in the port of Busan, and primary directions of the state policy in the field of environmentally friendly growth. -
Location Selection of an LNG Bunkering Port in Korea
Journal of Korea Trade Vol. 23, No. 2, April 2019, 59-75 ISSN 1229-828X https://doi.org/10.35611/jkt.2019.23.2.59 59 Location Selection of an LNG Bunkering Port in Korea Wen Lu JKT 23(2) Graduate School of Logistics, Incheon National University, Incheon, Korea Jeong-Ho Seo Graduate School of Logistics, Incheon National University, Incheon, Korea Gi-Tae Yeo† Graduate School of Logistics, Incheon National University, Incheon, Korea Abstract Purpose – The International Maritime Organization (IMO) has promulgated strict regulations on emissions in the maritime shipping industry. LNG (Liquefied Natural Gas) is, therefore, recognized as the optimal fuel alternative solution. The aim of this study is to select the most suitable location for an LNG bunkering port. This is formulated as a multiple-criteria ranking problem regarding four candidate ports in South Korea: the ports of Busan, Gwangyang, Incheon, and Ulsan. Design/Methodology/approach - An analysis employing the Consistent Fuzzy Preference Relation (CFPR) methodology is carried out, and the multiple-criteria evaluation of various factors influencing the location selection, such as the average loading speed of LNG, the number of total ships, the distance of the bunkering shuttle, and the degree of safety is performed. Then, based on the combination of both the collected real data and experts’ preferences, the final ranking of the four ports is formulated. Findings - The port of Busan ranks first, followed by the ports of Gwangyang and Ulsan, with the port of Incheon last on the list. Originality/value - The Korean government could proceed with a clear vision of the candidate ports’ ranking in terms of the LNG bunkering terminal selection problem. -
APEC Port Development Reoort 2018
2018 APEC Port Development Reoort 2018 1 2 2018 APEC Port Development Report www.apecpsn.org APEC Port Services Network (APSN) is an international organization established in response to the directives of the 14th APEC Economic Leaders’ Meeting in 2006 and with the support of all leaders from APEC member economies to promote exchanges and cooperation among ports and port-related industries in the Asia-Pacific region. The mandate of the APSN is to facilitate trade and investment and enhance supply chain security by strengthening economic cooperation, capacity building, information and personnel exchanges among port and port-related industries and services in the region, so as to achieve the common prosperity of the APEC member economies as a whole. Ever since establishment of APSN, as a complimentary service for port-related industries in the Asia-Pacific region, APEC Port Development Report has published 8 issues. This report focuses on the development of Asia-Pacific ports in 2018, covering trade, ocean shipping, port infrastructure and operation, laws and regulations, intelligent and sustainable development. With its detailed statistics, and in-depth analyses, APEC Port Development Report has become an important reference for those engaging in port-related industries. The APSN secretariat sincerely welcomes your advice, and we hope that ports and organizations can contribute variously valuable information so that we can follow the development of the industry even closer, and provide our readers with more accurate information in a more