Jae Hwan Bae

Mr. Jae Hwan Bae

Busan Headquaters, Korea Marine Equipment Research Institute, Busan, Republic of Korea
orcid

Research Focus & Metrics

Academic Career Length

3Years (2024-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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15 April 2024 in Sustainability
Verified
Journal Article
Open access
PDF file
SLSangseop Lim
Sangseop Lim
LHLee Chang Hee
Lee Chang Hee
JBJae Hwan Bae
Jae Hwan Bae
YJYoung Hun Jeon
Young Hun Jeon
Data are becoming the most important factor in the development of the socio-economy, and data can be reevaluated as the owner’s valuable asset, which can increase the owner’s value. Therefore, each company is fiercely competing to secure data. Even in the marine field, maritime data are being produced exponentially, but it is difficult to expect more value creation because data are only stored rather than being used. This study used the analytic hierarchy process (AHP) methodology to select a suitable valuation model necessary to discover new values for maritime data. As a result of AHP analysis of 33 experts based on the stratified factors extracted from previous studies and expert opinions, the market approach (A2) was found to be the most suitable model. In addition, the most important factors to consider when selecting a valuation model were in the order of the characteristics of the maritime data (M1), the features of the maritime data market (M2), and the features of the maritime data valuation model (M3). The potential impact of this implementation could contribute to the establishment of an intelligent technology market by estimating the value of data and developing a platform for maritime data trading, allowing for more efficient data sharing and utilization by maritime autonomous surface ships (MASSs).

16 September 2024 in Laws
Verified
Journal Article
Open access
PDF file
YLYoung-Gyu Lee
Young-Gyu Lee
LHLee Chang Hee
Lee Chang Hee
YJYoung Hun Jeon
Young Hun Jeon
JBJae Hwan Bae
Jae Hwan Bae
The International Maritime Organization collaborates with member states to develop the Maritime Autonomous Surface Ships (MASS) Code to establish an international agreement framework. In December 2023, an agreement was reached on the European Union (EU) Artificial Intelligence (AI) Act within the MASS Code. It was officially finalized and implemented on 1 August 2024. While the Act’s full application is set for two years later, certain provisions regarding safety against AI risks will take effect sooner. This study utilized a multiple-streams analysis method to examine how the EU AI Act impacted shipyards and shipping companies, focusing on ethical AI use and user safety. The findings indicate that technical completeness, safety enhancement, and AI system regulation through risk classification influence autonomous ship innovation. The challenges of reviewing the commercialization of new technologies for autonomous ships may result in market failures or decreased industry competitiveness. The study emphasizes the need to balance AI safety and ethical responsibility with autonomous ship development innovations. To ensure the sustainable application of AI technology, innovators must adapt to the EU AI Directive. Hence, this study confirms that the ethical and legal regulation of AI technology is crucial in technological innovation and development related to autonomous ships.

15 February 2024 in Preprints.org
Verified
Preprint
Open access
PDF file
SLSangseop Lim
Sangseop Lim
LHLee Chang Hee
Lee Chang Hee
JBJae Hwan Bae
Jae Hwan Bae
YJYoung Hun Jeon
Young Hun Jeon
Maritime data not only identify financial resources that can significantly enhance the efficiency of shipping companies but also play a pivotal role in promoting eco-friendly and sustainable shipping practices. However, active corporate strategies are required to include maritime data essential for the commercial operation of autonomous ships in the form of corporate assets by transparent evaluating the data. The aim of this study is to review previous studies on da-ta-valuation models, identify a valuation model suitable for maritime business, consider the characteristics of maritime data. The analytic hierarchy process (AHP) method is used to derive priorities for valuing maritime data assets, with emphasis placed on the characteristics of mari-time data, followed by the character of the future-oriented maritime-data market and the da-ta-valuation model. The results obtained that the most important factors in selecting a maritime data-valuation model by analyzing the AHP method were identified as the characteristics of the maritime data(M1). The next most important factors analyzed were the features of the mari-time-data market(M2) and the features of the maritime data-valuation model(M3) in order. In addition, the characteristics of maritime data were preferentially considered among the main criteria, and the market approach (A2) was selected as the most optimal valuation model. The potential impact of this implementation could contribute to the establishment of an intelligent technology market by estimating the value of data and developing a platform for maritime data trading, allowing for more efficient data sharing and utilization by maritime autonomous sur-face ship(MASS).