Growth of urban transportation: Peoples republic of China

The Peoples Republic of China, with its great urban populations, is finding it necessary to develop a range of strategies to deal with increasing demand for goods and people movement, increasing motorization and the increasing congestion that results from the increasing travel demand. This paper discusses strategies being adopted in two northern cities, Changchun and Shenyang. Both transit and roadway programs are examined for Changchun. Problems and successes of a new toll road are examined for Shenyang. Sustained infrastructure investment is essential to assure the necessary mobility for economic growth.     

Consolidation and contestability in the European container handling industry

The first part of this paper brings into discussion some recent changes in the dynamics of the European container handling business, in particular as a result of vertical and horizontal integration strategies of container terminal operators. The industry structure has become sufficiently consolidated to raise a fundamental question about whether market forces are sufficient to prevent the abuse of market power. In this context, reference is made to the theory of contestable markets. The second part of the paper looks more closely to the issue of contestability by means of an exploratory and qualitative study of elements that could prevent other players entering or exiting the European container handling market. As such, a first indication is given of the degree of contestability in the container handling industry.     

Benthic community patterns reflect water column processes in the Northeast Water polynya (Greenland)

Benthic community patterns were investigated in the Northeast Water polynya (Greenland) during the summers of 1992 and 1993 to elucidate to what extent the bottom fauna is influenced by the dynamics of the overlying water. Five different fractions of the benthos (foraminiferans, nematodes, polychaetes, peracarid crustaceans, and epibenthic megafauna), ranging in average adult body size over 6 orders of magnitude (from about 100 μm to about 10 cm), were sampled quantitatively at 69 stations in water depths from 40 to 515 m. Total abundances of nematodes, polychaetes and peracarid crustaceans were found to be primarily correlated with parameters characterizing the potential benthic food supply (water column pigment and nitrate concentrations, sediment bound pigments and sediment biological activity), whereas abundances of foraminiferans and megabenthos were largely associated with seabed properties. Four benthic zones were distinguished by separately analyzing the faunistic composition and distribution of the five community fractions for Ob Bank, Western Westwind Trough, Eastern Westwind Trough, and Belgica Trough. This pattern was shown principally to reflect pelagic regimes differing in surface water hydrography, ice cover and euphotic productivity. This is the first time that a synoptic study of several benthic community portions spanning such a range in sizes and life styles has been performed in a polar shelf ecosystem. Our results indicate that abundances as well as composition of Arctic benthos are largely influenced by mesoscale pelagic processes, and thus provide further evidence for the importance of the benthic-pelagic coupling in high latitude seas.     

Maritime liner shipping and the stevedoring industry: market structure and competition strategies

Globalization, liberalization, competition and spatial interaction are significant factors affecting the transformation of manufacturing industries worldwide. In the transportation and logistics industry, however, cooperation is becoming even more critical than competition in determining firms' efficiency. Cooperation has always characterized the liner sector in which strategic alliances, mergers and acquisitions have generated twin effects: notable increases in ship size and falls in freight rates. Meanwhile, the stevedoring industry is undergoing privatization-driven consolidation and the emergence of global pure terminal operators. This article focuses on vertical integration between global carriers and terminal operators. We address the following key current issues:

• dedicated terminals as a strategy for cutting costs and controlling integrated transport chains;
• the struggle for supply chain control, involving global carriers versus global terminal operators, driven by financial power and technical and managerial capability.

We close analysing one of the core problems of the market, namely the evolving role of the dedicated terminals. For the pure stevedores they represent an opportunity to secure a cargo, while in the hands of the liners they enable cost stability and the possibility to put pressure on pure terminal operators.     

Development of Green-Naghdi models with a wave-absorbing beach for nonlinear, irregular wave propagation

Two-dimensional and three-dimensional Green-Naghdi (GN) models equipped with a numerical wave-absorbing beach have been developed to simulate nonlinear, regular, and irregular wave propagation. The numerical beach is introduced near the downstream boundary to absorb outgoing waves. An appropriate amount of numerical damping and an appropriate length of numerical beach are investigated using numerical experiments. The results show that the GN models with a numerical beach work very well in simulating wave propagation in water in a small computational domain.     

A high order linear model for the prediction of internal lee waves at the main sill of the Strait of Gibraltar

A linear theory for the physical fields in the water column under the action of large amplitude internal lee waves at the main sill of the Strait of Gibraltar is developed. The procedure is a combination of the perturbation and normal modes methods in order to study steady resonant conditions. The lowest order linear approach of the methodology resumes the Taylor–Goldstein equation, which can reconstruct the main features of the observed fields but the high order approach gives the finest structure and sometimes the largest contributions. The role of the non-linear terms is investigated up to the second order taking into account the non-linear interactions between modes, leading to an effective reconstruction of the whole water column for the velocity field.     

Should the user pay?

The paper puts the case that historical analysis helps to understand current discussions on user-pays principles and practice. In particular, (a) it is demonstrated that the nature of funding systems is dominated by political considerations, and (b) user-pays systems lead to inadequate funding of infrastructure when politically controlled, but provide funds for expansion when “market-driven” (in pursuit of profit maximisation). The case is illustrated by reference to the experience of interregional transport infrastructure in 19th century in England and 20th century Australia. Revenue deficiencies arising from government-controlled rates can lead to the demise of private transport infrastructure. The problem is considered in the context of the history of interregional roads and railways in England between the 15th and 19th century in England and in Australia in the 19th and 20th century. The current embrace by government of the user-pays system in transport services arises from fiscal deficiencies, as much from economic philosophy. User-pays policies are part of the global re-emergence of economic rationalism since the 1970s. The lesson for other nations from Australia's experience is twofold. First, in a federal system of government, despite the efficiency benefits of user-pays in interregional land transport, fiscal and political objectives will prevail. Second, in sparsely populated and/or developing countries, deregulation of long distance road transport will make funding a national highway system a critical concern.     

SLENIUM FROM BEEF IS HIGHLY BIOAVAILABLE AS ASSESSED BY LIVER GLUTATHIONE PEROXIDASE （EC1．11．1．9） ACTIVITY AND TISSUE SELENI

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Investment strategies in market uncertainty

The nature of the global economy is one of dynamic change. Shipping is a service industry with its demand related to changes in international trade levels and patterns. As a consequence shipping is subject to sometimes unpredictable swings in demand so that the operator is required to make strategic planning decisions while navigating through boom or bust environments. While boom economies generate rising freight rates which are welcomed and encourage investment, ship operators may also have to face falling freight demand and declining freight rates that may have significant impact on profitability, often falling to uneconomic levels for extended periods. In such a period of uncertainty and declining profitability management will make operational decisions to reduce costs. However, shipping lines operate in a market environment so any decisions made to rationalize the trade may have significant long-term competitive implications. For example, traditional micro economic theory might suggest that the prudent strategy to adopt would be to close down the operation and reopen when the market conditions improve. In a world of certainty or when costs of taking this action are zero, this would be a valid strategy. However, because of fear of competitors taking up a line's market share if the shipping company exits, even temporarily, this strategy cannot be valued simply in terms of shut-down and start-up costs. A further consideration is the fact that standard capital budgeting techniques, such as Net Present Value (NPV), cannot incorporate the flexibility to respond to new information and strategic responses explicitly into their investment analysis. This paper will demonstrate the use of Real Option Analysis (ROA) to provide guidelines for decisions about closing operations in adverse market conditions.     

Reliable container line supply chains

Container line supply chains, based on a near-frictionless international transport belief, have contributed to economic prosperity and also rendered themselves uniquely vulnerable to various risks. 9/11 terrorists attacks, the lock-out of American West Ports and the global breakout of SARS disease have gradually shown that a) the safety and reliability in the chains are facing an unprecedented challenge and b) traditional engineeringbased risk assessment methods are inadequate to deal with the threats from variational environments, especially in the era of terrorism rampancy. The purpose of this paper is, therefore, to develop a conceptual risk assessment model for container line supply chains based on a modified Formal Safety Assessment (FSA) methodology that takes risks from vulnerability rather than only hazards into account. It gives particular emphasis on the analysis of the threats with a high level of uncertainty from both safety and economic viewpoints. The advantages of the vulnerability-based risk analysis approach to the hazard-based one are clarified and both engineering-based and managerial risk assessments are also discussed.