In this paper, we use a logit model to predict the probability of default for Korean shipping companies. We explore … numerous financial ratios to find predictors of a shipping firm’s failure and construct four default prediction models. The … indicates that utilizing information about unique financial characteristics of the shipping industry may enhance the performance …

shipping industry pre-World War II (WWII) and recovery from the devastation of WWII (the 1940s and the 1950s) -- 2 ….2. Concentration of shipping companies and evolution of the containerization (the 1960s) -- 2.3. Oil crisis in the 1970s and the post …-Bretton Woods System (the 1970s) -- 2.4. Depression in shipping and the Plaza Accord (the 1980s) -- 2.5. Adversities in the 1990s …

As intra-Asian trades grow, businesses in the intra-Asian shipping market have expanded. Subsequently, many shipping … has increased, shipping liners in intra-Asia experience difficulties in their timeliness and excessive competition due to … unfavorable weather, as well as changes in global shipping liners' operational strategies. Hence, this study aims to identify the …

COVID-19 pandemic clearly demonstrates that seafarers are essential for sustaining world shipping services and global … issues of seafarer change and shipping services. This paper explores the supply and demand of seafarer market in Korea and …. The dual markets of Korean seafarers in ocean-going and coastal shipping present the following phenomena: severe aging of …