The market for second-hand ships: Further results on efficiency using cointegration analysis

This paper examines the dynamic behaviour of second-hand prices of tankers and dry-cargo vessels over various time periods, with a view to determining whether or not the markets for such assets are efficient. It extends and re-analyses the results of an earlier study by Hale and Vanags, published in this journal in 1992. Using a more modern method of testing for cointegration, it is shown that both the tanker and dry cargo markets appear to be cointegrated, a fact which would suggest that these markets are inefficient. It is suggested that the existence of cointegration does not necessarily imply market inefficiency, if the factors that create the common trends are themselves stochastic in nature. With this in mind, it is argued that the evidence put forward in this paper is still consistent with market efficiency in the long run.     

Effect of fatigue strain range on properties of high-strength structural steel

Ship hulls are built with stiffened steel plates and experience continuous fatigue load cycles when in service. Mechanical properties of the steel are expected to change due to the application of these cyclic loads. Therefore, the mechanical properties of the material at various levels of fatigue damage need to be understood. This paper presents two test series that were conducted to determine the effect of two different strain ranges (2000 and 3000 micro strains) of fatigue cycles on the mechanical properties of high-strength structural steel. The test results indicate that the cycle-dependent behaviours of the material can cause a slight increase or a significant decrease in the yield strength when compared to its virgin state. However, the ductility of the steel does not change much as the strain cycle increases.     

基于OWA算子和语言OWA算子的舰船研制方案群决策

针对舰船研制方案存在的问题以及定量指标和定性指标的特点,提出一种基于OWA算子和语言OWA算子的综合多属性群决策方法,再结合效用函数来对其进行研究.将多位专家对研制方案的意见综合为专家组的一致意见,实现了舰船研制方案的评估.最后,通过实例说明该方法的有效性及合理性.     

既有线提速改造铺架工程施工组织研究

铁路铺架工程施工组织涉及施工方法、进度安排、铺架程序、技术组织措施等。既有线提速改造铺架工程施工组织特点是质量标准高、施工干扰大、配合协调多、施工环节多、线长点多、安全不定因素多。浙赣铁路电气化提速改造工程铺架第三标段施工组织首先确定了工程施工总体方案,无缝线路采用一次性铺设和换铺法施工,大型养路机械起拨道养护,同时配备小型养护机械,简支梁采用架桥机分片架设。施工总体方案下设各绕行区段施工方案和主要分项工程施工方案。施工组织设计包括施工组织机构设置、施工队伍安排、主要施工机械配置、工程运输组织方案、施工进度安排、质量保证措施等。     

厦门港口所需配备的大型浮吊探讨

厦门港口配置的浮吊技术性能己严重滞后,跟不上港口发展的态势。进行了厦门港码头上门式起重机的参数分析,载重货轮的技术分析、业务工作量的分析,对厦门港大型浮吊的选型提出了建议。     

超限转锁的技术改造

随着中国成功加入世界贸易组织以及我国西部大开发工程的深入进行，集装箱公司接卸超限箱的数量大幅度增加，如何保证超限箱装卸的安全和快捷逐渐成为突出问题。超限箱作业中极为重要的环节就是超限工属具的使用，因此怎样使超限工属具操作更加安全和方便，怎样提高超限工属具的使用寿命成为解决问题的关键。     

武汉市轨道交通1号线一期工程设计

武汉市轨道交通1号线一期工程全线高架，借鉴我国城市和铁路高架桥梁的设计经验，结合轨道交通的特点，提出了适于城市轨道交通的桥型方案和经济孔跨，并对设计进行了回访总结。     

关于国铁线路开行城际列车的探讨

分析了国铁参与城际轨道交通的可行性和必要性，并对具体涉及的运输要素进行了探讨，提出了初步的研究思路。     

采用便携式剪切仪研究超薄白色罩面的层间抗剪性能

超薄白色罩面作为一种新型路面结构在国外得到广泛应用,其特定的路面结构要求超薄水泥砼面层与沥青层层间较好联结,因而层间抗剪性能对保证路面正常使用具有重要意义.设计了基于便携式剪切仪的层间界面剪切试验,采用水泥砼和沥青砼复合试件模拟超薄白色罩面和旧沥青面层的结合状态,得到了界面剪切强度随温度和竖向压力的规律.同时验证了该试验的可行性.     

Eddies around Madagascar — The retroflection re-considered

The Agulhas Current with its retroflection and attendant eddy-shedding is the cause of some of the greatest mesoscale variability in the ocean. This paper considers the area to the south and east of Madagascar, which provides some of the source waters of the Agulhas Current, and examines the propagating sea surface height signals in altimetry and output from a numerical model, OCCAM. Both show bands of variability along the axis of the East Madagascar Current (EMC) and along a zonal band near 25°S. Sequences of images plus associated temperature data suggest that a number of westward-propagating eddies are present in this zonal band. The paper then focuses on the region to the south of the island, where ocean colour and infra-red imagery are evocative of an East Madagascar Retroflection. The synthesis of data analysed in this paper, however, shows that remotely observed features in this area can be explained by anticyclonic eddies moving westward through the region, and this explanation is consistent with numerical model output and the trajectories of drifting buoys.