Innovation Flashcards

1
Q

Class of Shipping triggers

A
  1. Laws of physics triggers
  2. Geographical Conditions
  3. Economic Parameters
  4. International regulations
  5. Related sectors
  6. Design concept
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2
Q

Laws of physical triggers

A
  • Maritime is relatively slow compared to other modes
  • Increase in speed results in higher price
  • Oil price is very n.b. when relating to speed as high speed costs not always stable
  • Friction with water is what causes low speeds for ships
  • Big container ships are going faster but getting more expensive due to enormous amount of fuel burning
  • Innovation requires research that defines and finds the limits which will in turn direct research and development (R&D) and form a trigger for information
  • Trying to “outsmart” nature.
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3
Q

What is a shipping trigger?

A

Understanding the limits and constraints in ship design that can be turned into a positive aspect. These can be used as “triggers” for change and innovation. Finding the triggers is a matter of drawing S-curves and defining performance limits.

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4
Q

Ways a ship can move through water (trigger 1)

A
  1. Static lift/Buoyancy support = weight of vessel displaces water which wants to return to original position. Weight of water is a factor that limits the carrying capacity on ships. This is why ships have different deadweight capacity. These ships called displacement ships
  2. Dynamic Lift of submerged wings = forward motion converted to vertical lifting of ship out of water, by lifting ship it reduces wetted surface of ship .:. reducing resistance.
  3. Move through water powered by power lift (e.g. hovercraft) = frictional resistance very low allowing high speed of ship
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5
Q

Geographical condition triggers

A
  • Geographical conditions can limit shipping (e.g. draught restrictions or ice barriers)
  • Manmade conditions can occur such as Suez and Panama Canals
  • Wave height and water type (salt or fresh) can have an impact on ship design.
  • These restrictions need to be analysed and understood when designing a ship
  • Engineers must understand conditions may change over time (i.e. expansion of canals)
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6
Q

Economic Parameter Triggers

A
  • these triggers consist of maximising revenue, economies of scale, cost reduction of capital investment, running costs, voyage costs and cargo handling costs (will all be discussed in detail)
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7
Q

Maximisation of revenue (Parameter 3)

A
  • achieved through design of flexible multipurpose ship which carries various cargo - e.g. OBO carrier.
  • This type of ship no longer popular due to more maintenance plus addition expenses and time losses due to time needed to switch from dry to liquid bulk.
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8
Q

Economies of Scale (Parameter 3)

A
  • Major trigger for innovation triggered by cost reduction objectives
  • Large ships have lower investment per ton as well as lower voyage and running costs
  • Oil tankers first major ones
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9
Q

Capital Investment (Parameter 3)

A
  • Reduction of capital cost can be achieved through economies of scale and standardisation
  • Shipyards will have standard designs and save costs by optimising their one design and producing only those designs
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10
Q

Running Costs (Parameter 3)

A
  • major item = crew cost
  • Related to training level of crew, size of ship, complexity of engine room, flag of registration and nationality of crew
  • often only 13 members on 14 000 TEU Emma Maersk
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11
Q

Voyage Cost (Parameter 3)

A
  • Two major costs -> bunker and port costs
  • Bunker: Can be influenced by dwt and speed reduction
  • Port: not all costs are same over world. Most costs relate to measurement of vessel
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12
Q

Cargo Handling (Parameter 3)

A
  • Stevedoring costs major in short sea trades.
  • Two aspects form triggers here: Increase in labour productivity & Making ships independent from availability of terminal labour.
  • Labour productivity: Achieved through efficient cranes on shore and ship, use of standard units such as containers etc
  • Independence: Automise ships and have stuff on ship which does not need port labour
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13
Q

Regulation triggers

A
  • Environmental, political and administrative restrictions
  • Understand what these can impact on the ships as are all decisive
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14
Q

Related sector triggers

A
  • triggers by innovation in other sectors
  • i.e. innovation in other fuel
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15
Q

Design Concept Triggers

A
  • Shipping innovation trigger methodology presented later in book helps designer search for innovative ideas to help create competitive advantage
  • Extension of existing methodologies
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