Examining the influence of firm performance on business risk-taking and the mediation effect of scale of operations in the container terminal industry

Container shipping and its related service sectors help accelerate globalization of the world economy. This industry has been experiencing rapid growth, prompting container terminal operators to increase their handling capacity in response. Providing container terminal services requires substantial capital investment in physical assets such as cargo handling facilities and information systems. On the other hand, operating container terminals is a long-term investment that typically spans several business cycles. Hence prudent asset management using appropriate tools is critical for container terminal operators to sustain their businesses. Generally, due to risk-adverseness, investors are unwilling to take more risk in their investment unless they can reap a higher return. Contrary to this argument, this study finds no direct influence of better firm performance as a proxy of higher return on business risk-taking by container terminal operators. Instead, scale of operations is positively associated with business risk-taking, suggesting that container terminal operators with a larger scale of operations are willing to take more business risk.     

Understanding Recreational Boater Attitudes to Zoning in a Proposed Marine Protected Area

Although the success of marine protected areas (MPAs) and associated zoning schemes is largely dependent on stakeholder acceptance and support, there have been relatively few studies examining the response of recreational stakeholders to MPA proposals. This study investigates the response of recreational boaters to a proposed MPA in British Columbia, Canada. Using a structured questionnaire (n = 543) and a focus group (n = 6), the research examines the level of support for the concept of marine zoning and identifies key factors influencing support or opposition. Results indicate that a small majority of recreational boaters support the concept of marine zoning, but that there are areas of concern that ought to be addressed as MPA implementation proceeds. Support for zoning was strongly related to perceived benefits, particularly environmental benefits. Furthermore, perceived benefits overall were found to outweigh concerns as determinants of recreational boater support for zoning. Major dimensions of opposition included perceptions of over-regulation, loss of access for boating, and mistrust of the government. A suggestion is that such concerns may be mitigated through focused communication and meaningful involvement of boaters in the zoning process.     

In situ colonization of marine biofilms on UNS S32760 duplex stainless steel coupons in areas with different water qualities: Implications for corrosion potential behavior

In the presence of biofilms, stainless steels （SS） exhibits an increase in corrosion potential, called ennoblement. In the present study, the corrosion potential （Eco,） behavior of the duplex SS UNS S32760 was recorded simultaneously with the in situ marine biofilm formation in two areas at Arraial do Cabo, Southeastern Brazil. The biofilm at Forno Harbor （an anthropogenically disturbed area） was characterized by higher relative abundances of Bacteria at day 2, followed by diatoms （especially Navicula sp.） on day 10 and dinoflagellates on day 18, whereas no clear trend was recorded at Cabo Frio Island （an undisturbed area）. The ennoblement of Ecor values was site-dependent. In a complementary laboratory assay, biofilms were removed and the Eco values registered in sterile conditions for the subsequent 10 days and corroborated in situ results. Understanding biofilms and SS interactions has important implications for materials science and engineering decisions as well as helping to fill in imnortant gaps in this knowledge.     

REGULATION OF PRODUCTION OF PARATHYROID HORMONE－RELATED PEPTIDE （PTHrP） AND EXPRESSION OF ITS mRNA IN A HUMANLIVER－DERIVED CE

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Physical–biological coupling in spore dispersal of kelp forest macroalgae

The physical–biological linkages controlling the dispersal of spores produced by macroalgae that reside in kelp forests are complicated and laced with feedbacks. Here we discuss the fundamental elements of these interactions. Biological considerations include spore swimming and sinking speeds, their periods of viability in the plankton, and the height of spore release above the seafloor, which together determine the durations over which spores can be swept by horizontal currents before they contact the seafloor. Morphologies and material properties of canopy forming kelps may also influence the drag exerted on passing waters by the kelps, the plants' ability to persist in the face of rapid flows, and thereby the degree to which impinging currents are redirected around, or slowed within, kelp forests. Macroalgal life histories, and the size of spore sources as controlled by the dimensions of kelp forests and the density and fecundity of individuals within them, influence effective dispersal distances as well. Physical considerations encompass the mean speed, direction, and timescales of variability of currents relative to spore suspension times, the interaction of surface gravity waves with currents in producing turbulence in the benthic boundary layer, wind-driven surface mixing, water stratification, and shoreline bathymetry and substratum roughness, all of which can affect the interplay of vertical and horizontal transport of macroalgal spores. Intricate within-forest processes may induce attenuation of current speeds and consequent reductions in seabed shear, along with simultaneous production of small-scale turbulence in kelp wakes. Slower mean currents and smaller eddy scales in turn may attenuate vertical mixing within forests, thus extending spore suspension times. Further complexities likely arise due to changes in the relative rates of horizontal and vertical dispersion, modifications to the overall profiles of vertical mixing, and the creation of fine-scale secondary flows around kelp individuals and substratum features. Under conditions of more rapid currents, submergence of the surface canopy and the establishment of skimming flows at the canopy–fluid interface may introduce additional coherent flow structures that alter rates of fluid exchange to and from the forest. Many of these coupled physical–biological processes are just beginning to be examined in a rigorous fashion in kelp forests, but their potential importance is clear.     

Long-term changes of inorganic nutrients in the Lagoon of Venice (Italy)

The paper aims at investigating the trends of the concentrations of dissolved inorganic nitrogen (DIN) and phosphorous in the Lagoon of Venice, Italy, in the last 35 years. The trend analysis of ammonia nitrogen, nitrate nitrogen and reactive phosphorus (RP) yielded rather different results. The decrease in ammonia nitrogen concentration, in particular, in the basin influenced by severe industrial discharges, is accurately described by a negative exponential model. The nitrate concentration did not show significant interannual trends, while wide seasonal variations have been detected. Reactive phosphorus concentration increased until the end of the 1970s at the stations close to the industrial area as well as in those influenced by river discharges and by sewages of the city of Venice. The sudden decrease that followed was most likely related with environmental policies, namely the improvement of wastewater purification treatments and the regulation of phosphorus use in detergents.     

A link-node complementarity model and solution algorithm for dynamic user equilibria with exact flow propagations

In this paper, we propose a link-node complementarity model for the basic deterministic dynamic user equilibrium (DUE) problem with single-user-class and fixed demands. The model complements link-path formulations that have been widely studied for dynamic user equilibria. Under various dynamic network constraints, especially the exact flow propagation constraints, we show that the continuous-time dynamic user equilibrium problem can be formulated as an infinite dimensional mixed complementarity model. The continuous-time model can be further discretized as a finite dimensional non-linear complementarity problem (NCP). The proposed discrete-time model captures the exact flow propagation constraints that were usually approximated in previous studies. By associating link inflow at the beginning of a time interval to travel times at the end of the interval, the resulting discrete-time model is predictive rather than reactive. The solution existence and compactness condition for the proposed model is established under mild assumptions. The model is solved by an iterative algorithm with a relaxed NCP solved at each iteration. Numerical examples are provided to illustrate the proposed model and solution approach. We particularly show why predictive DUE is preferable to reactive DUE from an algorithmic perspective.     

Prediction of travel time variability for cost-benefit analysis

Unreliable travel times cause substantial costs to travelers. Nevertheless, they are often not taken into account in cost-benefit analyses (CBA), or only in very rough ways. This paper aims at providing simple rules to predict variability, based on travel time data from Dutch highways. Two different concepts of travel time variability are used, which differ in their assumptions on information availability to drivers. The first measure is based on the assumption that, for a given road link and given time of day, the expected travel time is constant across all working days (rough information: RI). In the second case, expected travel times are assumed to reflect day-specific factors such as weather conditions or weekdays (fine information: FI). For both definitions of variability, we find that the mean travel time is a good predictor. On average, longer delays are associated with higher variability. However, the derivative of variability with respect to delays is decreasing in delays. It can be shown that this result relates to differences in the relative shares of observed traffic ‘regimes’ (free-flow, congested, hyper-congested) in the mean delay. For most CBAs, no information on the relative shares of the traffic regimes is available. A non-linear model based on mean travel times can then be used as an approximation.