A Study on the Evaluation of Port Competitiveness in Busan Port and Shanghai Port

Abstract

This study seeks the strategy alternatives for continuous port competitiveness of Busan port improvement in rapidly changing of environment in Northeast Asia shipping. This study aims: 1) to compare port competitiveness of Busan and Shanghai port using entropy weigh TOPSIS; 2) to seek ways to improve port competitiveness of Busan port. After searching the related criteria on port competitiveness factors for analysis, the main criteria are divided into two categories: port throughput (port throughput, throughput change rate, and transshipment cargo volume and transshipment cargo rate), port facilities (depth, the number of C/C, berth length, the number of berth, total area, storage area) criteria of Busan and Shanghai port. The empirical results indicate that Shanghai port is more competitive than Busan port in total competitiveness and port throughput criteria, and Busan port is more competitive than Shanghai port in port facilities criteria.