The economics of double-hulled tankers

A cost-benefit analysis is conducted on the double-hull requirements for oil tankers in United States' waters contained in the U.S. Oil Pollution Act of 1990. The benefits of reduced spillage are compared with the increased construction and operations costs of double-hulled vessels. In the most probable scanario, the expected benefits are only 20% of the expected costs. Double-hulls do not even show a positive net present value with the most favorable assumptions. Even if double-hulls prevent all of the spillage that occurs due to collisions and groundings, and that the damage per gallon spilled is as extensive as in the ‘Exxon Valdez’ incident, the benefits are under half of the costs.     

Economic Valuation of Coastal and Marine Resources: Bohol Marine Triangle,Philippines

This article provides results on the net benefits generated from the natural resources in the Bohol Marine Triangle (BMT) in the Philippines. The BMT spans over 112,000 ha and its coastal ecosystems are rich in biodiversity and provide economic opportunities to the coastal communities. With a 10% discount rate, the accumulated total net benefits for the BMT resources over a 10-year period is US$11.54 million. Tourism and the municipal fisheries are the most important direct use values of the coastal and marine resources of the BMT accounting for 44% and 39% of the total net benefits. Annual revenues attributed to ecosystems were as follows: coral reefs, US$1.26 million; beach/intertidal area, US$1.12 million; marine waters, US$646,501; mangrove, US$239,561; and seagrass, US$105,990. The large market values indicate the dependence of the local community on the BMT coastal and marine resources. In the same way, non-market values show the important life-support functions of coastal and marine ecosystems. The net benefits reflect the magnitude of potential losses due to improper management of coastal and marine resources in the BMT. This valuation highlights the importance of the coastal services to the BMT economy and draws attention to the benefits the local stakeholders derive from BMT coastal resources. Policy measures can now take into account these values to justify a sufficient investment in coastal management efforts to sustain the flow of coastal services in the interest of current and future generations.     

Management of corals and coral ecosystems in the United States

Abstract

Corals and coral communities provide substantial societal benefits by virtue of their recreational and esthetic appeal, the habitat provided for commercially harvested fish and shellfish, the structural foundation provided for productive coastal ecosystems, and the market value of harvested coral specimens. Coral resources are subject to adverse effects from pollution, dredging, specimen collecting, anchor damage, commercial fishing, overharvesting, and activities related to offshore petroleum development. Management programs which protect coral resources in the United States comprise a patchwork of separate federal and state programs. They attempt to adapt broad regulatory authorities for parks, fisheries, offshore mineral resources, and other subjects for the purpose of coral conservation. These programs embody species‐specific, area‐specific, and generic approaches to coral management. This paper traces the evolution of U.S. coral management programs and comments on their respective strengths and weaknesses. Alternative approaches for strengthening management systems could include new coordinating committees, legislation, memoranda of agreement between involved agencies, and others.     

State ocean policy initiatives in Florida

Abstract

A territorial sea comprising 6.7 million acres of offshore lands extending three geographic miles into the Atlantic Ocean three marine leagues (nine geographic miles) into the Gulf of Mexico makes Florida the second largest “oceanowning”; state in the contiguous United States. Florida's history, climate, economic development, and worldwide reputation have evolved from the state's relationship with the sea. The state is now becoming aware that aggressive management of its ocean resources is necessary to preserve the future of that relationship. The purpose of this article is to present some of Florida's recent legal and policy initiatives that have been directed toward better understanding and management of ocean resources and uses.     

Efficiency and ecological characteristics of a VCR diesel engine

Compression ratio (CR) is a design parameter with highest influence on efficiency, emission and engine characteristics. In conventional internal combustion (IC) engines, the compression ratio is fixed and their performance is, therefore, a compromise between conflicting requirements. One fundamental problem is that drive units in the vehicles must successfully operate at variable speed and loads and in different ambient conditions. If a diesel engine has a fixed CR, a minimal value must be chosen that can achieve a reliable self-ignition when starting the engine in cold start conditions. In diesel engines, variable compression ratio (VCR) provides control of peak cylinder pressure, improves cold start ability and low load operation, enabling the multi-fuel capability, increase of fuel economy and reduction of emissions. By application of VCR and other mechanisms, the optimal regime fields are extended to the prime requirements: consumption, power, emission, noise, etc., and/or the possibility of the engine to operate with different fuels is extended. An experimental Diesel engine has been developed at the Faculty of Engineering, University of Kragujevac. The changes of CR are realized by changing the piston chamber diameter. Detailed engine tests were performed at the Laboratory for IC engines. Special attention has been given to decrease of fuel consumption and exhaust emissions. An optimal field of CR variation has been determined depending on the given objectives: minimal fuel consumption, minimal nitric oxides, and particulate matter emissions, etc.     

Timing sequence changes of landscape plants in Shanghai Area,China

Based on published reports and direct observation, the common resources of landscape plant species in the Shanghai area were identified and studied in terms of the landscape characteristics of timing sequence changes over a one year time period. The results showed that there were 199 common landscape plant species in Shanghai, distributed in 67 families and 129 genera. These plants were categorized by three ornamental characteristics: flowers, foliage and fruits. The species were thus further analyzed according to the time periods which these characteristics were present. The results showed that flower ornamental distributed throughout the year, particularly from April to June, and plant species with colorful foliage could be seen every month, and particularly in November and December. On the other hand, few plant species with fruit ornamentals were observed in Shanghai area. The diversity of landscape timing sequence changes of the 199 plant species under examination was then analyzed by using the Shannon-Weiner and Simpson index formulas. The results showed that the higher diversity was observed in January, February and from August to October, while the lowest diversity was recorded from March to July and during November and December. The diversity of landscape characteristics of these plants was ranked according to foliage, flowers and fruit. Using this method, one park and one plant community were selected to evaluate the advantages and disadvantages of their time-changing plant landscape, with the goal of assessing the validity of the chosen ranking method. These results in the present study would be helpful to evaluate the plant landscape in a specified space and further enrich the diversity of plant and landscape by a target-oriented way.     

CFD Analysis of Ship-to-Ship Hydrodynamic Interaction

A numerical study of ship-to-ship interaction forces is performed using a commercial CFD code, and the results are compared with experimental data and with the results of a panel method analysis. Two ship models have been used in the interaction forces analysis: a tug and a tanker, advancing parallel to each other with different lateral distances and two different values of the fluid depth. Computations are carried out with four different flow models: inviscid and viscous flow with the free surface modeled as a rigid wall and inviscid and viscous flow with the deformable free surface. A fair agreement was obtained with available experimental data and results obtained by panel method. The influence of viscosity in the computations is found to be comparatively weak, while the wavemaking effects may be important, at small magnitude of the horizontal clearance.     

Estimating the value of risk reductions for car drivers when pedestrians are involved: a case study in Spain

We estimated the benefits associated with reducing fatal and severe injuries from traffic accidents using a stated choice experiment where choice situations were generated through a statistically efficient design. Specifically, the risk variables were defined as the expected annual number of vehicle car-users that suffered their death or were severely injured in a traffic accident. In addition, and differing from previous research, the number of pedestrians that died or were severely injured in traffic accidents per year was also included as a risk attribute in the choice experiment, to attempt at measuring drivers’ willingness to pay to reduce the risk of hitting pedestrians in a crash. The empirical setting was a choice of route for a particular trip that a sample of car drivers periodically undertakes in Tenerife, Spain. Models were estimated accounting for random taste heterogeneity and pseudo-panel data correlation. The median of the distribution of simulated parameters was used to obtain a representative measure for the monetary valuation of risk reductions. We found that the ratio between the values of reducing the risk of suffering a serious injury and that of reducing a fatality was approximately 18 %. Further, and quite novel, we also found that the value of reducing a pedestrian fatality was 39 % of the value of reducing a car occupant fatality.     

Are we ready to embrace connected and self-driving vehicles? A case study of Texans

While connected, highly automated, and autonomous vehicles (CAVs) will eventually hit the roads, their success and market penetration rates depend largely on public opinions regarding benefits, concerns, and adoption of these technologies. Additionally, the introduction of these technologies is accompanied by uncertainties in their effects on the carsharing market and land use patterns, and raises the need for tolling policies to appease the travel demand induced due to the increased convenience. To these ends, this study surveyed 1088 respondents across Texas to understand their opinions about smart vehicle technologies and related decisions. The key summary statistics indicate that Texans are willing to pay (WTP) $2910, $4607, $7589, and $127 for Level 2, Level 3, and Level 4 automation and connectivity, respectively, on average. Moreover, affordability and equipment failure are Texans’ top two concerns regarding AVs. This study also estimates interval regression and ordered probit models to understand the multivariate correlation between explanatory variables, such as demographics, built-environment attributes, travel patterns, and crash histories, and response variables, including willingness to pay for CAV technologies, adoption rates of shared AVs at different pricing points, home location shift decisions, adoption timing of automation technologies, and opinions about various tolling policies. The practically significant relationships indicate that more experienced licensed drivers and older people associate lower WTP values with all new vehicle technologies. Such parameter estimates help not only in forecasting long-term adoption of CAV technologies, but also help transportation planners in understanding the characteristics of regions with high or low future-year CAV adoption levels, and subsequently, develop smart strategies in respective regions.