Conditional modelling of tanker market risk using route specific freight rates

This paper provides statistical evidence in support of the view, widely held in the tanker industry, that there are systematic differences in the degree of risk involved in investing in tankers of different sizes, and in operating tankers in spot and time charter markets. The industry view, broadly supported by the results of this paper, is that larger vessels are 'risker' assets than smaller vessels, and operating vessels in the time-charter market is less risky than employing them on a spot basis. The results are obtained by using a method derived from the financial economics literature, which models both the conditional mean and variance of a variable, known as GARCH modelling. Only one other paper has applied this method to the tanker market, and these results provide confirmatory support of those findings.     

Torque characteristics analysis for optimal design of a copper-layered eddy current brake system

An enhanced parametric model for a copper-layered eddy current electric machine (retarder) is introduced in this paper. The modeled torque characteristics of the copper-layered electromagnetic retarders are based on the results from a detailed electromagnetic finite element analysis (FEA) of these eddy current machines. The model uses a parameterized double-exponential function to model the steady state speed-torque characteristics of the retarder. The parameters are adjusted for optimal braking performance in conjunction with predicted speed-torque characteristics of a copper-layered retarder. A full vehicle model, along with the proposed retarder speed-torque model has been used to simulate a series braking events. The simulation results show that the peaks of the retarder speed-torque curves must be designed to occur within a specific range of speeds for optimal braking performance.     

Optimal scheduling of the flexray static segment based on two-dimensional bin-packing algorithm

FlexRay is a reliable and hard real-time in-vehicle communication protocol that is strongly promoted by car manufacturers as the de facto standard in the automotive domain. The protocol offers both a time-triggered and an eventtriggered architecture. This paper focuses on the optimal scheduling of the time-triggered component of FlexRay known as the static (ST) segment using a two-dimensional bin-packing technique. To maximize the bandwidth utilization in the ST segment, a fast heuristic as well as an efficient integer linear programming approach are proposed. Our methods directly schedule signals into slots including frame packing, according to signal-based data scheduling and the slot/ cycle multiplexing mechanisms presented by the latest version of the FlexRay protocol. The benefits of our proposed methods are demonstrated by extensive experiments on synthetic and an automotive X-by-wire system case study. An additional test case is examined to emphasize the superior performance of the proposed approach relative to that of existing optimal scheduling approaches.     

Role of filtering and biodeposition by Adamussium colbecki in circulation of organic matter in Terra Nova Bay (Ross Sea, Antarctica)

At Terra Nova Bay, the scallop Adamussium colbecki (Smith, 1902) characterises the soft and hard bottoms from 20 to 80 m depth, constituting large beds and reaching high values of density (50–60 individuals/m²) and biomass (120 g/m² DW soft tissues). To assess its role in the organic matter recycling in the coastal ecosystem, its filtering and biodeposition rates were evaluated in laboratory experiments during the austral summer 1993/94. Filtration rates, measured in a flow-through system, were calculated from the difference in particulate organic carbon (POC), nitrogen (PON) and chlorophyll-a (Chl-a) concentration in inflow and outflow water. Experiments were performed using natural sea water with POC, PON and Chl-a concentrations of about 450 μg/l, 90 μg/l and 2 μg/l, respectively. The biodeposition rate and the biochemical composition of the biodeposits were studied in order to detect how the organic matter is transformed through feeding activity of A. colbecki. At +1°C temperature, the average filtering rate was about 1 l h⁻¹ g⁻¹ (DW soft tissues) in specimens ranging in body mass from 2 to 3 g (DW soft tissues) and 6–7 cm long. The biodeposition rate in 3–8 cm long specimens, ranging from 0.4 to 5.7 g (DW soft tissues), was about 5.65 mg DW/g DW/day, leading to an estimate of Corg flux, through biodeposition by A. colbecki, of about 21 mg C m⁻² day⁻¹ at in situ conditions. Comparison between the biochemical composition of seston and biodeposits shows a decrease of the labile compounds, of the Chl-a/phaeopigments ratio in the biodeposits. The recorded C/N ratio decrease suggests a microbial colonisation in the biodeposits. This study suggests that Adamussium colbecki plays an important role in coupling the material fluxes from the water column to the sea bed, processing about 14% of total Carbon flux from the water column to the sediments, with an assimilation efficiency of 36%.     

Management of coastal eutrophication: Integration of field data, ecosystem-scale simulations and screening models

A hybrid approach for eutrophication assessment in estuarine and coastal ecosystems is presented. The ASSETS screening model (http://www.eutro.org) classifies eutrophication status into five classes: High (better), Good, Moderate, Poor and Bad (worse). This model was applied to a dataset from a shallow coastal barrier island system in southwest Europe (Ria Formosa), with a resulting score of Good. A detailed dynamic model was developed for this ecosystem, and the outputs were used to drive the screening model. Four scenarios were run on the research model: pristine, standard (simulates present loading), half and double the current nutrient loading. The Ria Formosa has a short water residence time and eutrophication symptoms are not apparent in the water column. However, benthic symptoms are expressed as excessive macroalgal growth and strong dissolved oxygen fluctuations in the tide pools. The standard simulation results showed an ASSETS grade identical to the field data application. The application of the screening model to the other scenario outputs showed the responsiveness of ASSETS to changes in pressure, state and response, scoring a grade of High under pristine conditions, Good for half the standard scenario and Moderate for double the present loadings. The use of this hybrid approach allows managers to test the outcome of measures against a set of well-defined metrics for the evaluation of state. It additionally provides a way of testing and improving the pressure component of ASSETS. Sensitivity analysis revealed that sub-sampling the output of the research model at a monthly scale, typical for the acquisition of field data, may significantly affect the outcome of the screening model, by overlooking extreme events such as occasional night-time anoxia in tide pools.     

Analysis of the capabilities of a two-stage turbocharging system to fulfil the US2007 anti-pollution directive for heavy duty diesel engines

This article presents a two-stage turbocharged heavy-duty diesel (HDD) engine designed to fulfil the US2007 anti-pollution directive. This directive imposes very restrictive limits on the NOx and particle emissions of HDD engines. In this work, the possibility of combining particle traps in the exhaust line to reduce soot emissions with very high EGR rates to reduce NOx emissions is considered. This new generation engine implements two-stage turbocharging in order to improve the bsfc when the engine is working on steady conditions as well as to optimize the engine transient response. After carrying out the tests, the results were analyzed and the engine settings were adjusted to maximise its behaviour and minimise pollutant emissions. NOx and soot emission peaks were also analyzed at engine transient conditions in order to keep them under certain levels, and thus maintain the overall pollutant emissions to a level that is as low as possible. In summary, a double-stage turbocharging configuration can greatly improve engine driveability (between 23% and 36% depending on engine speed), while reducing NOx emissions during transient evolution without increasing opacity peaks beyond the stated limits.     

Spatial variability of the barotropic M2 constituent tidal current over the Rías Baixas Galician shelf (NW Spain)

Using current meters and systematically repeated vessel mounted ADCP data legs, we describe the role of the semidiurnal and diurnal constituents in the tidal currents and investigate the mesoscale variability of the M₂ tidal currents field along three cross-shelf legs over the Galician shelf. We found that the estimated values of the semi-major axes of the main semidiurnal tidal constituents are closely related to those obtained in previous research and that the tidal currents are predominantly semidiurnal. Amplitudes of the M₂ and S₂ semi-major axes constituents are comparable, and important fortnightly variability should thus be expected in the amplitude of the semidiurnal tidal currents. Vertical profiles of the semi-major axes of the main tidal constituents reveal that, in the absence of stratification, and far from the bottom frictional effects, the tidal currents are mostly barotropic. Over the slope, the tidal ellipses tilt from a north–south orientation toward the northeast–southwest direction and, as we go further into the shelf, their amplitude is increased, a feature that is reasonably explained by the transition from the dynamics of a Poincaré wave offshore to the dynamics of a northward alongshore propagating Kelvin wave over the shelf. The Ría de Vigo exerts a notable influence over the tidal currents, acting as an extension of the shelf and introducing a meridional variation in the orientation of the ellipses from the alongshore direction in the southern straight coast toward the northeast–southwest direction at the latitude of the Rías. Finally, the spatial fitting methods we tried have proved to be successful in VMADCP data detiding in this region.     

国外机车制造业的现状与发展趋势概述

本文以国际知名企业为代表,简要介绍了国外铁道机车制造业的现状与发展趋势。