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.     

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.     

Uncertain demand,modal competition and optimal price-capacity adjustments in air transportation

A new microeconomic model for the operation of an airline facing modal competition with uncertain total demand is developed to analyze optimal price capacity combinations. The novelty is the treatment of the capacity restriction, which is not viewed as affecting negatively individual preferences (e.g. probability of a full flight), but does influence aggregate utility. A mode choice model is used to represent unrestricted individual preferences assuming full availability (phone call demand); air capacity is treated as a variable that acts on the actual choice set. Restricted choices and total demand stochasticity are integrated in welfare calculations (users' benefits and profits). Numerical examples are given and results are analyzed in terms of load factors fare levels, and sensitivity to the stochasticity of requests.This research was partially funded by FONDECYT, Chile, Direction Génerale de l'Aviation Civile, France, the Andes Foundation and the Fulbright Commission.     

An Exploration of the Relationship between Timing and Duration of Maintenance Activities

The timing and duration of an activity episode are two important temporal aspects of activity-travel behavior. Understanding the causal relationship between these two variables would be useful in the development of activity-based travel demand modeling systems. This paper investigates the relationship between these two variables by considering two different causal structures – one structure in which time-of-day choice is determined first and influences duration and a second structure in which activity duration is determined first and affects time-of-day choice. These two structures are estimated within a discrete-continuous simultaneous equations framework employing a full-information maximum likelihood methodology that allows error covariance. The estimation is performed separately for commuter and non-commuter samples drawn from a 1996 household travel survey data set from the Tampa Bay area in Florida. The results of the model estimation effort show that the causal structure in which activity duration precedes or affects activity timing (time of day choice) performs better for the non-commuter sample. For the commuter sample, the findings were less conclusive with both causal structures offering equally good statistical measures of fit. In addition, for the commuter sample, all error correlations were found to be zero. These two findings suggest that time of day choice and activity episode duration are only loosely related for the commuter sample, possibly due to the relatively non-discretionary and inflexible work activity and travel.     

Magnetic field tuning characteristics of bimodal ultrasonic motor stator

The magnetic field tuning characteristics of an ultrasonic motor (USM) stator are discussed. The stator consists of two piezoelectric ceramic transducer (PZT) plates and one sandwiched-in Terfenol-D plate. The dimensions of the stator are carefully adjusted to specifically discuss the influence of the magnetic field on the frequency difference between the longitudinal and bending modes of the stator. The frequency difference discussed in this paper is usually small and mainly caused by uneven materials, machining errors and changes in external conditions (temperature, pre-stress or load). The longitudinal and bending modes of the stator are simultaneously excited by an external electric field to generate the elliptic motion trajectories of the driving points. A direct current (DC) magnetic field is applied to decrease the difference between the two mode frequencies of the fabricated stator. In experiments, the dependences of the two mode frequencies and their difference on DC magnetic fields are all investigated. The experimental results indicate that the difference between the longitudinal and bending mode frequencies of the PZT/Terfenol-D/PZT composite stator can be tuned by changing the intensity of the external DC magnetic field.     

Sensorimotor self-learning model based on operant conditioning for two-wheeled robot

Traditional control methods of two-wheeled robot are usually model-based and require the robot’s precise mathematic model which is hard to get. A sensorimotor self-learning model named SMM TWR is presented in this paper to handle these problems. The model consists of seven elements: the discrete learning time set, the sensory state set, the motion set, the sensorimotor mapping, the state orientation unit, the learning mechanism and the model’s entropy. The learning mechanism for SMM TWR is designed based on the theory of operant conditioning (OC), and it adjusts the sensorimotor mapping at every learning step. This helps the robot to choose motions. The leaning direction of the mechanism is decided by the state orientation unit. Simulation results show that with the sensorimotor model designed, the robot is endowed the abilities of self-learning and self-organizing, and it can learn the skills to keep itself balance through interacting with the environment.     

Approximate method for reliability assessment of complex phased mission systems

Phased-mission systems (PMSs) have wide applications in engineering practices, such as manmade satellites. Certain critical parts in the system, such as cold standby, hot standby and functional standby, are designed in redundancy architecture to achieve high reliability performance. State-space models such as Markov process have been used extensively in previous studies for reliability evaluation of PMSs with dynamic behaviors. The most popular way to deal with the dynamic behaviors is Markov process, but it is well known that Markov process is limited to exponential distribution. In practice, however, the lifetime of most machinery products can follow non-exponential distributions like the Weibull distribution which cannot be handled by the Markov process. In order to solve this kind of problem, we present a semi-Markov model combined with an approximation algorithm to analyze PMS reliability subjected to non-exponential failures. Furthermore, the accuracy of the approximation algorithm is investigated by comparing to an accurate solution, and a typical PMS (attitude and orbit control system) is analyzed to demonstrate the implementation of the method.     

Design of car battery protection device based on torsion spring

In recent years, electric vehicles are developing rapidly in automotive industry. When involved in accidents, if the batteries of electric cars break, it is likely to cause a short circuit and start a fire. Aimed at this issue, a car battery protection device based on torsion spring has been designed. The car battery protection device can deform in a particular pattern in a collision accident. Impact energy of the accident is absorbed by the deformation, which can significantly reduce impact force on the batteries. Meanwhile, based on the principle of maximum energy absorption, some crucial parameters of the device can be determined. Furthermore, an impact simulation conducted on ANSYS software shows that maximum safety factors can be obtained when the material of car battery protection device is carbon steel. The analysis of “safe space” in the car battery protection device shows that the device can prevent battery damage effectively in general circumstances, which means the reliability of the device has been verified. Therefore, when applied to electric vehicles, the car battery protection device, which can prevent secondary accidents, significantly improves the vehicle security in accidents.