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The Korean shipping industry, which underwent consolidation of shipping companies in the 1980s, continued to grow with the recovery of the global economy from the late 1980s to the first half of the 1990s. The civilian government that came to power after
Sung June Kim
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Default Risk and Firm Value of Shipping & Logistics Firms in Korea
As shipping and logistics industry is one of the core industries in Korea, the volume was ranked in the fifth highest in the world. However, shipping and logistics industry of Korea has suffered from default risk since Global Financial Crisis in 2008 ...
Hyun Jung Nam, Yo Han An
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Ships and relationships: Competition, geographical proximity, and relations in the shipping industry
Geographical and industry proximity are positively correlated with the likelihood of relationship formation. However, studies of this interrelationship are scarce, have yielded mixed results, and have failed to unveil the mechanisms behind the effects of different types of proximity and their links with tie formation.
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Corporate cash holdings in the shipping industry [PDF]
We examine the corporate cash holdings of listed shipping companies and show that shipping firms hold more cash than similar firms in other asset-heavy industries. Higher cash holdings in the shipping industry are not attributable to firm- or country-level characteristics, but rather to the higher marginal value of cash.
Ahrends, M., Drobetz, W., Nomikos, N.
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The shipping industry is currently the sixth largest contributor to global emissions, responsible for one billion tons of greenhouse gas emissions. Urgent action is needed to achieve carbon neutrality in the shipping industry for sustainability.
Enna Hirata +2 more
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Value migration: digitalization of shipping as a mechanism of industry dethronement
In this conceptual paper, we review latest developments related to unmanned vessels and sketch potential scenarios that implicate with the existing maritime industry structure.
Konstantinos Poulis +3 more
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Simulation-based hull form optimization is a typical HEB (high-dimensional, expensive computationally, black-box) problem. Conventional optimization algorithms easily fall into the “curse of dimensionality” when dealing with HEB problems.
Xin Liu +4 more
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Container repositioning management in liner shipping industry [PDF]
Managing empty containers in shipping industry plays an important role to increase the profitability on marine shipping industry. This paper presents an empirical investigation to detect influential factors in container transportation and estimates the ...
Nasser Saeidi +3 more
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Improving a Firm's Performance within a Strategic Shipping Alliance
Shipping companies have proactively participated in various strategic alliances within the industry to improve their competitive advantage. Previous studies have addressed how shipping companies gain benefits from strategic alliances.
Eon-Seong Lee
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A novel Corrax (CX) stainless steel was fabricated using the Selective Laser Melting (SLM) process. This study examined the influence of heat treatment processes on the microstructure and mechanical properties of CX stainless steel. Results indicate that
Shaoqian Wu +7 more
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