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.     

自动化:中小港口面临的挑战

这是作者 2 0 0 1年在香港举行的TOC亚洲会议上所作的关于集装箱港口发展自动化的报告 ,重点回答了中小集装箱码头要不要发展自动化以及如何实现自动化的问题 ,提出了发展中小集装箱码头自动化的思路和新的方案 ,并对采用自动化技术后所带来的投资效益进行了较深入的分析和评价     

Some insights in novel risk modeling of liquefied natural gas carrier maintenance operations

This study discusses the analysis of various modeling approaches and maintenance techniques applicable to the Liquefied Natural Gas (LNG) carrier operations in the maritime environment. Various novel modeling techniques are discussed; including genetic algorithms, fuzzy logic and evidential reasoning. We also identify the usefulness of these algorithms in the LNG carrier industry in the areas of risk assessment and maintenance modeling.     

Enabling a viable technique for the optimization of LNG carrier cargo operations

In this study, we optimize the loading and discharging operations of the Liquefied Natural Gas (LNG) carrier. First, we identify the required precautions for LNG carrier cargo operations. Next, we prioritize these precautions using the analytic hierarchy process (AHP) and experts’ judgments, in order to optimize the operational loading and discharging exercises of the LNG carrier, prevent system failure and human error, and reduce the risk of marine accidents. Thus, the objective of our study is to increase the level of safety during cargo operations.     

1/32° real-time global ocean prediction and value-added over 1/16° resolution

A 1/32° global ocean nowcast/forecast system has been developed by the Naval Research Laboratory at the Stennis Space Center. It started running at the Naval Oceanographic Office in near real-time on 1 Nov. 2003 and has been running daily in real-time since 1 Mar. 2005. It became an operational system on 6 March 2006, replacing the existing 1/16° system which ceased operation on 12 March 2006. Both systems use the NRL Layered Ocean Model (NLOM) with assimilation of sea surface height from satellite altimeters and sea surface temperature from multi-channel satellite infrared radiometers. Real-time and archived results are available online at http://www.ocean.nrlssc.navy.mil/global_nlom. The 1/32° system has improvements over the earlier system that can be grouped into two categories: (1) better resolution and representation of dynamical processes and (2) design modifications. The design modifications are the result of accrued knowledge since the development of the earlier 1/16° system. The improved horizontal resolution of the 1/32° system has significant dynamical benefits which increase the ability of the model to accurately nowcast and skillfully forecast. At the finer resolution, current pathways and their transports become more accurate, the sea surface height (SSH) variability increases and becomes more realistic and even the global ocean circulation experiences some changes (including inter-basin exchange). These improvements make the 1/32° system a better dynamical interpolator of assimilated satellite altimeter track data, using a one-day model forecast as the first guess. The result is quantitatively more accurate nowcasts, as is illustrated by several model-data comparisons. Based on comparisons with ocean color imagery in the northwestern Arabian Sea and the Gulf of Oman, the 1/32° system has even demonstrated the ability to map small eddies, 25–75 km in diameter, with 70% reliability and a median eddy center location error of 22.5 km, a surprising and unanticipated result from assimilation of altimeter track data. For all of the eddies (50% small eddies), the reliability was 80% and the median eddy center location error was 29 km. The 1/32° system also exhibits improved forecast skill in relation to the 1/16° system. This is due to (a) a more accurate initial condition for the forecast and (b) better resolution and representation of critical dynamical processes (such as upper ocean – topographic coupling via mesoscale flow instabilities) which allow the model to more accurately evolve these features in time while running in forecast mode (forecast atmospheric forcing for the first 5 days, then gradually reverting toward climatology for the remainder of the 30-day forecast period). At 1/32° resolution, forecast SSH generally compares better with unassimilated observations and the anomaly correlation of the forecast SSH exceeds that from persistence by a larger amount than found in the 1/16° system.     

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概括地回顾了一些关于离线(或脱机)交通信号灯优化设计的方法.其中包括用于在孤立交叉口的单点和区域性的联动控制系统.离线方法在设计时一般利用已有调查出来的交通数据作为固定的输入资料，这个跟实时设计方法所要求的从感应器即时检浏出来的情况作为设计依据是有本质上的区别.但一般沿用的信号配时设计方法都需要依靠已刻在行车线道上(允许通行)的方向指示标志为设计基础，但这个方向指示在确定后在整个优化过程中是维持不变的，这就限制了交通流量在线道上的分布，从而大大减低配时的灵活性，在这样情况下优化出来的结果肯定不会是最好的.直至近期，以行车线道为基本单位的配时设计方法(英文名称为Lane-based method;中文可称为线道法)发展起来.这个方法是由传统的Phase-based method(相位法)所演变出来的.线道法不但包含所有相位法的特点，而且更能为原本受约束的线道和配时设计进行全面优化.线道法可在单点交叉口和区域性的联动控制系统上应用.文末提出一些未来研究发展的新方向.     

FRP正弦波形夹心桥面板的等效有限元模型

以FRP正弦波形夹心桥面板作为研究对象,得到等效正交各项异性实心板,通过理论分析和数值对比,证明了方法的可行性;采用该法对一实际的FRP正弦波形夹心板桥进行了模态分析。     

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

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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.