일본 선박금융 사례 연구를 통한 국내 선박금융 활성화 방안 연구

Abstract

The purpose of this study is to review the Japanese cases in which ship financing has been developed, including the development process and features, status, major institutions, market structure and so on, and derive measures for the revitalization of Korean domestic shipbuilding finance. Korea which is a three-sided sea is now carrying out 99 percent of its exports and imports through sea transport and the shipping and shipbuilding industries is important for Korea’s sustainable economy growth. However, now the long-standing slump in shipping and shipbuilding industries has made related companies suffer from deteriorating management performance. Therefore, smooth and sustained shipping financing is required to revitalize the Korean shipping and shipbuilding business and this study suggests that it is essential that the government and financial institutions should provide financial support for building new ship with especially high operational efficiency with a long-term strategy. This research was to examine the Japanese ship finance market, which provided stable ship financing since the 1940s, and to derive the advantages and disadvantages of the Japanese ship financing system. The Japanese case study, which has established a stable system to finance ships despite the recession, is expected to serve as a milestone for Korea's need for a stable ship financing market structure to secure the competitiveness of the shipping and shipbuilding industries. In particular, it is expected that this study could be a reference material for the establishment of policies by the government(Ministry of Maritime Affairs and Fisheries) that announced a ‘five-year plan for shipbuilding industry reconstruction’ with the launch of the Korea Maritime Promotion Agency in 2018.