Port Facilities’ Asset Management: Coping with Aging Infrastructure and Constrained Budgets in the Long Term

With the aging port infrastructure around the world, it is crucial to understand the current condition state of these structures and adopt cost effective and sustainable strategies to repair and maintain these assets. Over the past decade, considerable work was conducted on the mechanisms responsible for the deterioration of structures exposed to harsh environments and how to report condition and performance. Recently, a new generation of deterioration models and risk based management approaches combined with state-of-the-art geographical and sensor data technology have seen the day and are used on projects to assist port owners and engineers in optimizing the use of available funds in keeping their ports as safe and competitive as possible. This presentation covers the use of a proactive, predictive, and risk based asset management approach and its underlying principals in one of the world’s largest ports to build a long term asset planning that is able to visualize the consequences of constraints in available budget.