Shipping and investment incentives: a trilogy Part 2. Investment incentives for shipping

This paper concentrates on the shipping industry and considers the forms of fiscal and financial incentives which are used by different governments to promote or encourage investment in their shipping industry. The analysis reduces the various packages of investment incentives and loan arrangements to a common measurement—the net present value of the package—and uses this to draw international comparisons and rankings. The results are based on different values of rates of return in the shipping industry and under certain assumptions concerning the rate of inflation and the rate of discount. Differences in loan arrangements have also been incorporated. The particular results are valid only for the specified circumstances but the methodology is generally applicable.     

The simple,compelling case for PRT

When compared with existing urban modes, Personal Rapid Transit (PRT) offers compelling advantages in every important respect. The desirable attributes of any urban mobility mode are well documented, such as minimal travel time, safety, comfort, low cost, and minimal impacts. These attributes are used to define a hypothetical, ideal urban mode. The ideal mode would possess characteristics such as no waiting, no stops, from anywhere to anywhere service, risk-free, non-polluting, and accessible to everyone at any time. Although not attainable in the real world, the ideal provides a model and benchmark for design much as the Carnot thermodynamic cycle guides the development of internal combustion engines, or ideal gases and perfect fluids are postulated in physics. A matrix format is used to present the characteristics of various modes against the desirable attributes of any mode. Modes presented are the ideal, walking, bicycles, motorcycles, automobiles, taxis, buses, rail transit, Automated Guideway Transit (AGT), and PRT. In all respects, PRT is shown to approach the ideal much more closely than competing modes.     

Use of a probabilistic particle tracking model to simulate the Prestige oil spill

A probabilistic particle tracking model is used to simulate the oil dispersion after the Prestige wreckage. This oil spill constitutes a suitable benchmark to analyze the capabilities of a probabilistic model, since the time elapsed from wreckage to oil landing (12 days) is much longer than the reliability time associated with forecast winds, usually on the order of 3–4 days. The particle model can be run in two different modes: real time mode (when existing reliable wind fields for the event under scope) and in probabilistic mode (in absence of reliable wind fields but with historical fields corresponding to a similar period). The validity of the particle model is first evaluated in a hindcast way, running the Prestige case with the wind fields corresponding to the period November 19 to November 30, 2002, which were not available at the moment of the wreckage. Calculations show the accuracy of the model to provide the right impact point and timing. The probabilistic model is then used to simulate the same event by means of historical data. The region where the oil landed is shown to be the area with the highest probability to be impacted.     

Optimal Active Suspension Design Using a Frequency-shaping PID Filter

By the incorporation of frequency-shaping into the linear quadratic methods used in active suspension design it is possible to achieve improvements in both body frequency response and road-holding. The use of a PID filter for this purpose also leads to robustness of the system to disturbance forces. Zero steady-state deflections are achieved for applied body loads by the integral action with excellent attenuation of the transient response. The resulting system consists of a hydraulic actuator in parallel with a body spring of arbitrary stiffness and is optimal with equivalent full state feedback.     

Initial results from long-term measurements of atmospheric humidity and related parameters in the marine boundary layer at two locations in the Gulf of Mexico

Measurements of boundary layer moisture have been acquired from Rotronic MP-100 sensors deployed on two NDBC buoys in the northern Gulf of Mexico from June through November 1993. For one sensor, which was retrieved approximately 8 months after deployment, the post- and precalibrations agreed closely and fell well within WMO specifications for accuracy. The second sensor operated continuously from June 1993 to February 1997 (3.5 years). Buoy observations of relative humidity and supporting data were used to calculate specific humidity and the surface fluxes of latent and sensible heat. Specific humidities from the buoys were compared with observations of moisture obtained from nearby ship reports, and the correlations were generally high (0.7–0.9). Surface gravity wave spectra were also acquired. The time series of specific humidity and the other buoy parameters revealed three primary scales of variability, small (h), synoptic (days), and seasonal (months). The synoptic variability was clearly dominant and occurred primarily during September, October, and November. Most of the synoptic variability was due to frontal systems that dropped down into the Gulf of Mexico from the continental US followed by air masses which were cold and dry. Cross-correlation analyses of the buoy data indicated that: (1) the moisture field was highly coherent over distances of 800 km or more in the northern Gulf of Mexico; and (2) both specific humidity and air temperature served as tracers of the motion associated with propagating atmospheric disturbances. These correlation analyses also revealed that the prevailing weather systems generally entered the buoy domain from the South prior to September, but primarily from the North thereafter. Spectra of the various buoy parameters indicated strong diurnal and semidiurnal variability for barometric pressure and sea surface temperature (SST) and lesser variability for air temperature, wind speed and significant wave height. The surface fluxes of latent and sensible heat were dominated by the synoptic events which took place from September through November with the transfer of latent heat being primarily from the ocean to the atmosphere. Finally, an analysis of the surface wave observations from each buoy, which included calculations of wave age and estimates of surface roughness, indicate that major heat and moisture flux events coincide with periods of active wave growth, although the data were insufficient to identify any causal relationships.     

The Effect of Topboxes on Motorcycle Stability

Hot wire anenometry measurements have been made in the wake of a model motorcycle and rider mounted in a windtunnel. Only in tests with a topbox present is there clear evidence of eddy shedding. Calculations have been performed on the corresponding full-scale motorcycle to determine the frequencies of the weave and wobble modes. Comparison with the wake frequencies extrapolated to full size show that at speeds of 31-34 m/s they coincide with those of the wobble mode which is found to be efficiently coupled to the aerodynamic excitation.     

带功率因数补偿的单相半控桥整流器(一)

介绍了绘制正弦线电流的开关模式单相半控桥整流器,用它来获得功率因数补偿并保持直流环节电压的恒定.在该整流器中使用4个有源开关,以便在交流端电压上产生单极脉宽调制(PWM)电压波形.与中性点箝位变流器(NPC)相比,该整流器没有箝位二极管也能实现三点式PWM控制.控制电路采用两个控制回路:外部控制回路用比例积分电压控制器调整直流环节电压,采用相位闭环电路产生与电源电压同相的正弦波形来实现功率因数补偿.在内部控制回路中,用基于载波的电流控制器跟踪线电流信号.为补偿由于负载变化所引起的中点电压,控制电路采用中点电压补偿器.该整流器的交流侧可产生3个电压电平,并用计算机仿真与试验结果验证了控制算法的有效性.     

The shoaling of nutrient-enriched subsurface waters as a mechanism to sustain primary productivity off Central Baja California during El Niño winters

Using CalCOFI data for coastal shallow stations (above 100 m depth), higher than expected nitrate concentrations were detected in near-surface high-temperature waters off of Central Baja California during some El Niño winters. Though recent data are not available for Central Baja California, past El Niño data, though limited, showed nitrate concentrations above 16 μM at temperatures above 16 °C, and nitrate concentrations between 1 and 2 μM at 19 °C, while the previously established relationship of temperature and nitrate for California Current waters predicts nitrate depletion above 14 or 15 °C. The anomalous, high temperature–high nitrate enrichment events documented in Central Baja California were detected as shallow as 9 m and as deep as 73 m, were associated with low-oxygen (between 2 and 4 ml/l) and high-salinity (between 33.8 and 34.3 psu) waters, and occurred during the winter months of an El Niño year. Using recent data for San Diego, CA, similar but weaker enrichment events were detected for the El Niño winter of 1997–1998. The periodic shoaling of a subsurface subtropical water mass of high temperature, high salinity, low oxygen and high nutrients during some El Niño winters is proposed to cause periodic enrichment and to maintain productivity during warming events in this area. Enrichment events were not detected off Ensenada, in Northern Baja California, possibly due to the amplification of the onshore flow during El Niño there, or due to the Ensenada front. The proposed mechanism of periodic enrichment of nutrient-depleted surface waters during some El Niño winters by subsurface waters from the California Undercurrent may explain the following: (1) survival of giant kelp forests at their southern limit in Central Baja California documented during past El Niño events in warm waters, (2) the rapid recovery and high carrying capacity of giant kelp documented after the mass disappearance during El Niño 1997–1998, and (3) the increase in the extent of mesotrophic chlorophyll detected in the area during the 1997–1998 and 1982–1983 El Niño events.     

Shipping and investment incentives: a trilogy Part 3. The effectiveness of investment incentives for shipping—the UK experience 1950-1987

This paper concentrates on the determinants of investment and examines both theoretical and empirical work on the investment function. The major determinants are considered and a case study of the United Kingdom shipping industry in the period 1963-1987 is undertaken. The analysis is unable to find any real link between the value of the investment incentives packages available to the UK shipping industry and the size of the UK fleet during this period. The conclusion follows that while financial factors (e.g. favourable credit arrangements) or individual components (e.g. investment grants) of fiscal packages may influence the decision to invest, the total package has not affected the level of shipping investment in the manner expected.