우리나라 선사의 정기용선 결정요인에 관한 연구 = An Empirical Study on the Determinants of Time Chartering in the Korean Shipping Companies

다국어 초록 (Multilingual Abstract)

The objective of this paper is to conduct theoretical analysis on the Korean chartering system and examine the determinants in the decision making process of the charter shipping business. Time chartering is in itself a demanding business in the present competitive international market. The chartering market may be defined as an extremely competitive, totally open market on international terms, where extreme competitiveness and high risks are projected. Time chartering market, which covers a good part of the trampers market, is a high-risk market with unrestrained competition. Given the absolutely competitive nature of the time chartering market on top of the uncertain and unpredictable trampers market, astute decision-making vis-a-vis the maritime commerce is an extremely tricky and challenging business. Even after marine chartering decisions have been finalized, the actual accomplishment of the decisions continues to involve great risks and difficulties. In recent times, the world of maritime commerce has undergone drastic changes and increasing uncertainty. As a result, priorities have been focused on promptness, accuracy and efficiency in the decision making process regarding the potentials of shipping companies

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