Abstract
Purpose : The purpose of this study is to analyze the representative differences between the services implemented by the launch of the Gemini alliance and the existing alliance services. Additionally, it forecasts the impact of the Gemini launch on Busan Port and other top 20 global ports. Research design, data and methodology : An empirical analysis is conducted using data from the Gemini alliance and the top 20 global ports. Specifically, the analysis derives the impact on ports by utilizing the representative differences of the Gemini service, such as the size of the ships and the frequency of regular service calls, including GDP. Results : All three independent variables (ship size, frequency of regular service calls, and GDP) were found to have a significant impact on port throughput. In particular, the size of the ships and the frequency of regular service calls have a relatively greater impact compared to GDP. Conclusions : The frequency of regular service calls by Gemini at Busan Port is expected to decrease significantly, raising concerns about a potential reduction in Busan Port's throughput. However, considering the increase in the size of feeder ships and Gemini's market share of 20%, it is deemed unlikely that Busan Port's throughput will immediately decrease significantly due to the Gemini launch. Therefore, the success of the differentiated services promoted by Gemini is crucial.
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