In determining voyage charter rate, normally, the charterage is determined through the general process of negotiation with the power of the demand and supply in the market including various factors. This paper assumes that the ship-owner cannot make the contract with charterer after the end of prechartering, the delay cost per day from ship-owner will be incurred. This case can be applied to ch…
There have been many e orts to develop a logistics information system in the Korean logistics industry. In spite of these e orts, there are many points which need improvement in the Logistics Information System, of which function is the electronic data communication without added value. This paper aims to describe some of the main problems and the successful factors which are being found in…
This paper presents a conflict solving model to resolve different stakeholder demands in the port redevelopment of the Incheon Inner Port. The different interest groups involved in this current project in South Korea include the land owner of Incheon Port Authority (PA), governmental regulator of Ministry of Maritime and Fishery (MOMAF), private port interests, port labor, business interests an…
This paper aims to apply a supply-chain modelling and its analysis framework to the supply chain in the port industry. The simulation approach serves two purposes: to model a supply-chain network in quantity approach and to evaluate its supply-chain performance based on proposed strategies. Through the modelling works to improve the performance, components of simulation model, such as input mod…
The aim of this chapter is to identify factors that have been affecting the increase of transhipment (T/S) cargoes of the port of Busan and to explore how these factors can be utilised more effectively to attract and increase T/S cargoes through the development of a port choice model using the technique of system dynamics (SD). To clarify the reason why T/S cargoes have increased in the port of…