Abstract: Virtual Container Yard (VCY) is a modern concept that helps to reduce the empty container repositioning cost of carriers. The concept of VCY is based on container interchange between shipping lines. Although this mechanism has been theoretically accepted by the shipping community as a feasible solution, it has not yet achieved the necessary momentum among container shipping lines (CSL). This paper investigates whether there is any legal influence on this industry myopia about the VCY. It is believed that this is the first publication that focuses on the legal aspects of container exchange between carriers. Not much literature on this subject is available. This study establishes with statistical evidence that there is a phobia prevailing in the shipping industry that exchanging containers with other carriers may lead to various legal implications. The complexity of exchange is two faceted. CSLs assume that offering a container to another carrier (obviously, a competitor in terms of commercial context) or using a container offered by another carrier may lead to undue legal implications. This research reveals that this fear is reflected through four types of perceived components, namely: shipping associate; warehouse associate; network associate; and trading associate. These components carry eighteen subcomponents that comprehensively cover the entire process of a container shipment. The statistical explanation has been supported through regression analysis; INCO terms were used to illustrate the shipping process.
Abstract: An experimental study is presented on the effect
of microstructural change on the Portevin-Le Chatelier effect
behaviour of Al-2.5%Mg alloy. Tensile tests are performed on
the as received and heat treated (at 400 ºC for 16 hours)
samples for a wide range of strain rates. The serrations
observed in the stress-time curve are investigated from
statistical analysis point of view. Microstructures of the
samples are characterized by optical metallography and X-ray
diffraction. It is found that the excess vacancy generated due
to heat treatment leads to decrease in the strain rate sensitivity
and the increase in the number of stress drop occurrences per
unit time during the PLC effect. The microstructural
parameters like domain size, dislocation density have no
appreciable effect on the PLC effect as far as the statistical
behavior of the serrations is considered.