• Title/Summary/Keyword: loss ratio

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A Study on the Changes in Korean Ocean Carriers' Financial Ratios and Profitability Before and After the Bankruptcy of the H-Line Carrier (H선사 파산전후 국적외항선사의 재무비율 차이분석과 영향요인 연구)

  • Kim, Myung-Jae;Ahn, Ki-Myung
    • Journal of Navigation and Port Research
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    • v.44 no.6
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    • pp.541-549
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    • 2020
  • This study conducts differential analysis on the financial positions of Korean shipping companies before and after the bankruptcy of the H carrier, looking specifically at their financial ratios, profit and loss patterns, and other factors related to their financial operation. Firstly, it was discovered that major measures of financial health, such as average assets per carrier, were not affected by the bankruptcy of the H carrier. However, despite this, most carriers experienced large changes in profits and losses, with total sales and shipping revenues averaging 424.5 billion won and 381.7 billion won respectively before the bankruptcy, but falling by half to 252.1 billion won and 234.6 billion won after the bankruptcy. Additionally, charter revenues and expenses also dropped by more than half. EBIT/sales and pre-tax revenue margins were also heavily affected after the bankruptcy, with both figures averaging 8% and 3% respectively before the bankruptcy, but falling into the negative range at -2% and -8% post-bankruptcy, resulting in significant deterioration in operational profitability. The study concludes that there is an urgent need to establish a global sales network, improve cost structures, and consistently secure stable cargo in order to increase Korean carriers' profitability. Of all financial measures, liquidity and total asset efficiency were identified as the most severely-impacted by the H carrier bankruptcy, thereby requiring the most pressing policy addressing.

Application of 3D point cloud modeling for performance analysis of reinforced levee with biopolymer (3차원 포인트 클라우드 모델링 기법을 활용한 바이오폴리머 기반 제방 보강공법의 성능 평가)

  • Ko, Dongwoo;Kang, Joongu;Kang, Woochul
    • Journal of Korea Water Resources Association
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    • v.54 no.3
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    • pp.181-190
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    • 2021
  • In this study, a large-scale levee breach experiment from lateral overflow was conducted to verify the effect of the new reinforcement method applied to the levee's surface. The new method could prevent levee failure and minimize damage caused by overflow in rivers. The levee was designed at the height of 2.5 m, a length of 12 m, and a slope of 1:2. A new material mixed with biopolymer powder, water, weathered granite, and loess in an appropriate ratio was sprayed on the levee body's surface at a thickness of about 5 cm, and vegetation recruitment was also monitored. At the Andong River Experiment Center, a flow (4 ㎥/s) was introduced from the upstream of the A3 channel to induce the lateral overflow. The change of lateral overflow was measured using an acoustic doppler current profiler in the upstream and downstream. Additionally, cameras and drones were used to analyze the process of the levee breach. Also, a new method using 3D point cloud for calculating the surface loss rate of the levee over time was suggested to evaluate the performance of the levee reinforcement method. It was compared to existing method based on image analysis and the result was reasonable. The proposed 3D point cloud methodology could be a solution for evaluating the performance of levee reinforcement methods.

Characteristics of RDF Char Combustion in a Bubbling Fluidized Bed (기포 유동층 내에서 RDF 촤의 연소 특성)

  • Kang, Seong-Wan;Kwak, Yeon-Ho;Cheon, Kyoung-Ho;Park, Sung Hoon;Jeon, Jong-Ki;Park, Young-Kwon
    • Applied Chemistry for Engineering
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    • v.22 no.4
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    • pp.429-432
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    • 2011
  • The feasibility of applications of the char obtained from a gasification process of municipal-waste refuse derived fuel (RDF) as an auxiliary fuel was evaluated by combustion experiments. The higher heating value of the RDF char was 3000~4000 kcal/kg and its chlorine content was below the standard requirement demonstrating its potential as an auxiliary fuel. In the combustion exhaust gas, the maximum $NO_x$ and $SO_2$ concentrations were 240 ppm and 223 ppm, respectively. If an aftertreatment is applied, it is possible to control their concentrations low enough to meet the air pollutant emission standard. The HCl concentration was relatively high indicating that a care should be taken for HCl emission from the combustion of RDF. Based on the temperature distribution within the reactor, the concentration change of $O_2$ and $CO_2$, and the amount and the loss on ignition of solid residue, it was inferred that the combustion reaction was the most reliable when the excess air ratio of 1.3 was used.

Estimation of Significant Wave Heights from X-Band Radar Using Artificial Neural Network (인공신경망을 이용한 X-Band 레이다 유의파고 추정)

  • Park, Jaeseong;Ahn, Kyungmo;Oh, Chanyeong;Chang, Yeon S.
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.32 no.6
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    • pp.561-568
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    • 2020
  • Wave measurements using X-band radar have many advantages compared to other wave gauges including wave-rider buoy, P-u-v gauge and Acoustic Doppler Current Profiler (ADCP), etc.. For example, radar system has no risk of loss/damage in bad weather conditions, low maintenance cost, and provides spatial distribution of waves from deep to shallow water. This paper presents new methods for estimating significant wave heights of X-band marine radar images using Artificial Neural Network (ANN). We compared the time series of estimated significant wave heights (Hs) using various estimation methods, such as signal-to-noise ratio (${\sqrt{SNR}}$), both and ${\sqrt{SNR}}$ the peak period (TP), and ANN with 3 parameters (${\sqrt{SNR}}$, TP, and Rval > k). The estimated significant wave heights of the X-band images were compared with wave measurement using ADCP(AWC: Acoustic Wave and Current Profiler) at Hujeong Beach, Uljin, Korea. Estimation of Hs using ANN with 3 parameters (${\sqrt{SNR}}$, TP, and Rval > k) yields best result.

DNN-Based Dynamic Cell Selection and Transmit Power Allocation Scheme for Energy Efficiency Heterogeneous Mobile Communication Networks (이기종 이동통신 네트워크에서 에너지 효율화를 위한 DNN 기반 동적 셀 선택과 송신 전력 할당 기법)

  • Kim, Donghyeon;Lee, In-Ho
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.26 no.10
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    • pp.1517-1524
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    • 2022
  • In this paper, we consider a heterogeneous network (HetNet) consisting of one macro base station and multiple small base stations, and assume the coordinated multi-point transmission between the base stations. In addition, we assume that the channel between the base station and the user consists of path loss and Rayleigh fading. Under these assumptions, we present the energy efficiency (EE) achievable by the user for a given base station and we formulate an optimization problem of dynamic cell selection and transmit power allocation to maximize the total EE of the HetNet. In this paper, we propose an unsupervised deep learning method to solve the optimization problem. The proposed deep learning-based scheme can provide high EE while having low complexity compared to the conventional iterative convergence methods. Through the simulation, we show that the proposed dynamic cell selection scheme provides higher EE performance than the maximum signal-to-interference-plus-noise ratio scheme and the Lagrangian dual decomposition scheme, and the proposed transmit power allocation scheme provides the similar performance to the trust region interior point method which can achieve the maximum EE.

Design and Implementation of Interface System for Swarm USVs Simulation Based on Hybrid Mission Planning (하이브리드형 임무계획을 고려한 군집 무인수상정 시뮬레이션 시스템의 연동 인터페이스 설계 및 구현)

  • Park, Hee-Mun;Joo, Hak-Jong;Seo, Kyung-Min;Choi, Young Kyu
    • Journal of the Korea Society for Simulation
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    • v.31 no.3
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    • pp.1-10
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    • 2022
  • Defense fields widely operate unmanned systems to lower vulnerability and enhance combat effectiveness. In the navy, swarm unmanned surface vehicles(USVs) form a cluster within communication range, share situational awareness information among the USVs, and cooperate with them to conduct military missions. This paper proposes an interface system, i.e., Interface Adapter System(IAS), to achieve inter-USV and intra-USV interoperability. We focus on the mission planning subsystem(MPS) for interoperability, which is the core subsystem of the USV to decide courses of action such as automatic path generation and weapon assignments. The central role of the proposed system is to exchange interface data between MPSs and other subsystems in real-time. To this end, we analyzed the operational requirements of the MPS and identified interface messages. Then we developed the IAS using the distributed real-time middleware. As experiments, we conducted several integration tests at swarm USVs simulation environment and measured delay time and loss ratio of interface messages. We expect that the proposed IAS successfully provides bridge roles between the mission planning system and other subsystems.

Optimization of Briquette Manufacturing Conditions Using Steel Sludge (제강슬러지를 이용한 브리켓 제조 조건 최적화 연구)

  • Lee, Dong Soo;Chae, Hui Gwon;Park, Tae Jun
    • Resources Recycling
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    • v.31 no.4
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    • pp.12-18
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    • 2022
  • Korea depends on the import of raw materials such as iron ore and coal for the steel industry. These raw materials have a major impact on the cost, productivity, and quality competitiveness in the global steel industry. To secure the competitiveness of steel companies, it is necessary to reduce the country's dependence on raw materials. This can be achieved using byproducts with a high Fe content, which are primarily generated by the steel industry. These byproducts are available in the form of a very fine powder, which can disperse as dust when used directly in plant processes. Dust dispersion has a negative impact on the environment and can lead to the loss of raw materials. To enable the use of a wide range of Fe-containing byproducts, it is necessary to pretreat them in the form of larger aggregates such as pellets and briquettes. There are several methods to achieve such aggregates. There are two ways to produce briquettes: using a hot briquette, which supplies additional heat to produce briquettes, or using a cold briquette, which does not use heat. A method for producing cold briquettes using Fe-containing byproducts was investigated in this study. The yield ratio and briquette strength were examined under various manufacturing conditions.

Effect of Removal of Power Plant Emissions on the characteristics of Ozone Concentration Changes in Summer (화력발전소 배출량 제거에 따른 여름철 O3 농도의 변화 특성)

  • Kim, Dongjin;Jeon, Wonbae;Park, Jaehyeong;Mun, Jeonghyeok
    • Journal of the Korean earth science society
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    • v.42 no.2
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    • pp.149-163
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    • 2021
  • In this study, the changes in ozone (O3) concentrations due to the removal of power plant emissions were analyzed using a community multi-scale air quality (CMAQ) model. Two different CMAQ model simulations, one considering the emissions from the Hadong power plant and one without considering the emissions, were conducted to investigate the effect of the emissions on the changes in the O3 concentrations in the surrounding areas. Subsequently, the CMAQ simulations exhibited an increase in the O3 concentration (25.24%) despite a decrease in the NOx (-18.87%) and volatile organic carbon (VOC, -11.27%) concentrations, which are major O3 precursors. The changes in the NO and O3 concentrations due to the removal of power plant emissions presented a strong negative correlation (r= -0.72). This indicated that the increase in the O3 concentration was mainly attributed to the significantly decreased NO concentration, thus, mitigating the O3 titration reaction (NO+O3→NO2+O2). Additionally, due to the VOC-limited (i.e., NOx-saturated) conditions in the study region, NO affected the O3 concentration, indicating that the O3 concentrations in a particular region are not only proportional to the increase or decrease in emissions. Therefore, an in-depth understanding of the chemical O3 production and loss in a particular region is necessary to accurately evaluate the effect of emission control on the changes in the O3 concentration.

A Basic Study on the Generation of Tire & Road Wear Particles by Differences in Tire Wear Performance (타이어 마모성능 차이에 의한 타이어 마모입자 생성에 관한 기초 연구)

  • Kang, Tae-Woo;Kim, Hyeok-Jung
    • Journal of the Korean Recycled Construction Resources Institute
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    • v.9 no.4
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    • pp.561-568
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    • 2021
  • In this study, in order to observe the change in the amount of Tire and Road Wear Particles and the ratio of tire components in it according to the tire wear resistance performance, carried out the evaluation by varying the vulcanization reaction design of the tire tread rubber. In addition, in order to improve the reliability of the evaluation of Tire and Road Wear Particles, the evaluation was performed indoor laboratory test equipment that simulates the condition on real driving to exclude various environmental influences including minerals, driver's habits, road surface, weather, tire structure and pattern designs. After the evaluation in closed space, it is estimated that the amount of collected Tire and Road Wear Particles is 84% compared to 100% of the tire and road wear loss weight, of which 96.4~97.7% was around the road and 2.3~3.6% was in the air. As a result of analy sis of the collected Tire and Road Wear particles, the tire component existed 63~75% in the Tire and Road Wear Particles depending on the wear resistance performance of the tire.

Effects of light intensity on growth performance, blood components, carcass characteristics, and welfare of broilers

  • Hee-Jin, Kim;Jiseon, Son;Hyun-Soo, Kim;Eui-Chul, Hong;Ji-Hyuk, Kim
    • Journal of Animal Science and Technology
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    • v.64 no.5
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    • pp.985-996
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    • 2022
  • This study investigated the effects of light intensity on growth performance, blood components, eye condition, and carcass characteristics of broiler chickens. Three hundred and fifty-two 1-day-old male chicks were assigned to one of four treatments (four repetitions per treatment, 22 birds per repetition) and reared in a floor pen for 5 weeks. From the second week, chicks were reared under four different levels of light intensity (5, 20, 35, and 50 lx) and the lighting duration was maintained at 18-hours light : 6-hours dark (18L : 6D). The feed intake and body weight were measured weekly. At 35 days of age, 12 birds per treatment were randomly selected for blood sampling, eye measurement, and carcass analysis. There were no significant differences in body weight gain, feed intake, and feed conversion ratio among treatments. Triglyceride levels in the serum were significantly higher in the 5 lx treatment, and creatinine was significantly lower in the 5 lx treatment (p < 0.05). The heterophil : lymphocyte ratios decreased significantly as light intensity increased (p < 0.05); however, other blood cell compositions were not affected by light intensity. Interleukin-6 content was significantly higher in the 5 lx treatment than in other treatments (p < 0.05), but the content of tumor necrosis factor-α was not significantly different among treatments. Serum corticosterone concentration was significantly higher at 5 lx than at 20, 35, and 50 lx (p < 0.05). The corneal diameter was the highest in 5 lx treatment (p < 0.05), and tended to increase as the light intensity decreased. Other eye parameters were not significantly different among treatments, but displayed a tendency to increase as the light intensity decreased. Carcass yield and part yields were not affected by light intensity. Meat quality parameters (pH, color, cooking loss, and water-holding capacity) did not show significant difference among the treatments. The results indicate that a light intensity of 5 lx may increase physiological stress or have a negative effect on broiler welfare, even if the performance and carcass characteristics are not affected. Therefore, a light intensity of 20 lx or above is recommended considering both the growth performance and welfare of broilers.