Ship finance and Euro-markets

Due to the capital-intensive nature of the modern shipping industry, loan finance plays a major role in vessel-acquisition cost. In this paper, J. B. Yolland discusses government-guaranteed finance, ancillary and commercial new building finance and finance for second-hand tonnage. He also examines a new source of funding found in the Euro-market.     

A path-based user-equilibrium traffic assignment algorithm that obviates path storage and enumeration

This paper presents a novel user-equilibrium (UE) traffic assignment algorithm, which under conventional assumptions, promises to compute UE arc flows to acceptable precision, regardless of the network’s topology, size or congestion:

• The algorithm takes the simple approach of shifting flow from a costliest path to a cheapest path until the costs of all used paths are within a given of the cheapest.

• Because of being path-based, it avoids tailing.

• In spite of being path-based, it neither stores nor enumerates paths.

• These efficiencies derive from decomposing the problem into a sequence of easy single-origin problems on acyclic sub-networks.

Solutions to this sequence of sub-network flows converge rapidly to a sharp practical estimate of UE arc flows—as is amply demonstrated by tests using the Chicago region’s 40,000-arc network model.     

Parameter estimability in the multinomial probit model

A particular parameter estimability problem in the multinomial probit model is considered. Making use of a model discussed in the literature, some problems with the usual method of specification are discussed. Some general comments are made on the problem of selecting a normalisation when using the multinomial probit model.     

Parking policy and urban goals: Linking strategy to needs

Parking management strategies have traditionally been used as a means of accommodating traffic demand, with little or no effort made to identify how such strategies might relate to other urban objectives. In this paper, parking management strategies are classified according to the control they exert over the amount of aggregate parking supply, access to parking, spatial distribution of parking supply, or dollar price of parking. Six general categories of urban policy objectives are identified, and the relationship between parking strategies and these objectives analyzed. The parking program in Baltimore is used to illustrate some of the relationships identified in this analysis. This paper concludes that the linkage between parking and the attainment of some urban objectives is potentially quite strong, and that further empirical research is needed to fully establish this relationship. Several different directions for further research are also identified.     

Major sources of hydrocarbon emissions in a premixed charge compression ignition engine

Although premixed charge compression ignition (PCCI) combustion engines are praised for potentially high efficiency and clean exhaust, experimental engines built to date emit more hydrocarbons (HCs) and carbon monoxide (CO) than the conventional machines. These compounds are not only strictly controlled components of the exhaust gas of road vehicles but are also an energy loss indicator. The prime objective of this study was to investigate the major sources of the HCs formed in the combustion chamber of an experimental PCCI engine in order to suggest some effective technologies for HC reduction. In this study, to explore the dominant sources of HC emissions in both operation modes, a single cylinder engine was prepared such that it could operate using either conventional diesel combustion or PCCI combustion. Specifically, the contributions of the top-ring crevice volume in the combustion chamber and the bulk quenching of the lean mixture were investigated. To understand the influence of the shape and magnitude of the crevice on HC emissions, the engine was operated with 12 specially prepared pistons with different top-ring crevices installed one after another. The engine emitted proportionally more HCs as the depth of the crevice increased as long as the width remained narrower than the prevailing quench distance. The top-ring-crevice-originated exhaust HCs comprised approximately 31% of the total HC emissions in the baseline condition. In a series of tests to estimate the effects of bulk quench on exhaust HC emissions, intake air was heated from 300K to 400K in steps of 25K. With the intake air heated, HC and CO emissions decreased with a gradually diminishing rate to zero at 375K. In conclusion, the most dominant sources of HC emissions in PCCI engines were the crevice volumes in the combustion chamber and the bulk quenching of the lean mixtures. The key methods for reducing HC emissions in PCCI engines are minimizing crevice volume in the combustion chamber and maximizing intake air temperature allowed based on the permissible NOx level.     

A self-powering system based on tire deformation during driving

Tire intelligence is vital in the improvement of the safety of vehicles because the tire supports the car body and is the contact point between the vehicle and the road. To create an intelligent tire, sensors must be installed to measure the behavior of the tire. However, it is difficult to apply a wired sensor system on the wheel of the tire. Hence, it is necessary to implement a self-powering, wireless system (a type of energy harvesting system) that can be mounted inside the tire. The purpose of this study is to convert the strain energy caused by deformation of the tire while driving into useful electrical energy to supply the sensor system. A flexible piezofiber is utilized for the energy conversion. The variation in strain, due to changes in speed, load, and the internal pressure of the tire, was measured along two axial directions to evaluate the amount of available strain energy. The amount of strain changed from 0.15% to 0.8%. To predict the amount of available energy from a tire, we perform an analysis of the relationship between the strain and the voltage. In addition, experiments for impedance matching between piezofiber and related circuits were conducted to optimize the external loads for transferring energy efficiently. Based on the procedure mentioned above, at least 0.58 mJ of electrical energy can be generated by using the laterally oriented strain (1500 to 2500 micro strain). The result of this study is expected to enhance the potential realization of self-generating wireless sensor systems for so-called ??intelligent?? tires.     

Study of an optimized gas strut layout to improve opening and closing quality

The most important factor in gas strut design is determining an optimized layout. If the layout is not optimized, vehicle operators will have a suboptimal experience when opening and closing the tailgate. A poor layout of the gas struts causes operators to work excessively when they open/close the tailgate, and vehicle owners will incur additional expenses due to deterioration in the body quality of the vehicle. Thus, an optimized gas strut layout is very important, even if it does not seem interesting. This paper describes the tailgate operation process and focuses on determining an optimized gas strut layout for opening/closing the tailgate easily.