Maritime liner shipping and the stevedoring industry: market structure and competition strategies

Globalization, liberalization, competition and spatial interaction are significant factors affecting the transformation of manufacturing industries worldwide. In the transportation and logistics industry, however, cooperation is becoming even more critical than competition in determining firms' efficiency. Cooperation has always characterized the liner sector in which strategic alliances, mergers and acquisitions have generated twin effects: notable increases in ship size and falls in freight rates. Meanwhile, the stevedoring industry is undergoing privatization-driven consolidation and the emergence of global pure terminal operators. This article focuses on vertical integration between global carriers and terminal operators. We address the following key current issues:

• dedicated terminals as a strategy for cutting costs and controlling integrated transport chains;
• the struggle for supply chain control, involving global carriers versus global terminal operators, driven by financial power and technical and managerial capability.

We close analysing one of the core problems of the market, namely the evolving role of the dedicated terminals. For the pure stevedores they represent an opportunity to secure a cargo, while in the hands of the liners they enable cost stability and the possibility to put pressure on pure terminal operators.     

A study of passenger discomfort measures at the Hong Kong mass transit railway system

This note investigates the important attributes relating to the crowding effects at the Mass Transit Railway (MTR) stations in Hong Kong. Data was collected at two sets of three MTR stations to study the responses of the passengers due to the discomfort at crowded vehicles and platforms. Stated preference surveys were used to study the effects of passenger discomfort measures.     

Investment strategies in market uncertainty

The nature of the global economy is one of dynamic change. Shipping is a service industry with its demand related to changes in international trade levels and patterns. As a consequence shipping is subject to sometimes unpredictable swings in demand so that the operator is required to make strategic planning decisions while navigating through boom or bust environments. While boom economies generate rising freight rates which are welcomed and encourage investment, ship operators may also have to face falling freight demand and declining freight rates that may have significant impact on profitability, often falling to uneconomic levels for extended periods. In such a period of uncertainty and declining profitability management will make operational decisions to reduce costs. However, shipping lines operate in a market environment so any decisions made to rationalize the trade may have significant long-term competitive implications. For example, traditional micro economic theory might suggest that the prudent strategy to adopt would be to close down the operation and reopen when the market conditions improve. In a world of certainty or when costs of taking this action are zero, this would be a valid strategy. However, because of fear of competitors taking up a line's market share if the shipping company exits, even temporarily, this strategy cannot be valued simply in terms of shut-down and start-up costs. A further consideration is the fact that standard capital budgeting techniques, such as Net Present Value (NPV), cannot incorporate the flexibility to respond to new information and strategic responses explicitly into their investment analysis. This paper will demonstrate the use of Real Option Analysis (ROA) to provide guidelines for decisions about closing operations in adverse market conditions.     

Optimal synthesis of function generation in steering linkages

This paper presents an approach to optimize planar mechanisms for function generation synthesis. It is applied to the design of different steering linkages used in road vehicles where the Ackermann condition is formulated as the objective function. Four different mechanisms are kinematically defined and synthesized in terms of the proposed method. Limitations of the size of the elements are also considered by means of inequality constraints. Solutions are presented as the difference between desired behaviour, established by Ackermann, and actual generated performance. The results show that the accuracy achieved by the proposed procedure is satisfactory for working conditions in this type of linkages.     

Occupational Behaviour and Commitment of Seamen

A concern of many environmentalists is that marine pollution conventions are usually slow in coming into force. The reasons for this vary with each convention. Instead of exhaustively examining each convention, this paper suggests a general framework of inquiry which may be used in seeking to ascertain the speed and degree of ratification of any particular convention.     

Methodology for the accuracy improvement of FEM beam type T-junctions of buses and coaches structures

The analysis of structures with finite elements methods (FEM) represents a widely spread technique. For large tubular structures similar to the buses and coaches upper structures, beam type elements are utilized due to the fact that these elements provide satisfactory results at relatively reduced computational performances. However the beam type elements have a main disadvantage determined by the fact that the modeled joints have an infinite rigid behavior. This shortcoming determines a stiffer behavior of the modeled structures which translates into an error source for the structural simulations (up to 45%). To overcome this problem, a simple methodology was conceived and an alternative optimized equivalent beam model obtained. The methodology studies the behavioral characteristics of beam modeled T-junctions determining their limitations and comparing them to equivalent T-junctions modeled with shell and volume elements. This way an improved Tjunction has been obtained, in which the behavioral error was reduced to less than 5%. Furthermore the FEM obtained results were validated with real T-junctions.     

西班牙Velaro E高速列车的电气设备

西班牙铁路(RENFE)从2004年起将获得16组Velare E电动车组.这些电动车组是按欧洲铁路通用性规定设计的目前世界上最现代的高速列组.在最大坡道为25‰和海拔高1 200 m的线路上列车要以350 km/h高速运行,对其电气设备提出了很高要求.文章详细介绍了设计和实现这些电气系统及部件时必须重视和满足的要求.