Strategic Asset Management at North Sea Port

Iv supported North Sea Port in further implementing asset management in line with ISO 55000 for both the wet and dry infrastructure of the Dutch-Belgian port authority, which was established through the merger of the former Zeeland Seaports and the Port of Ghent.

At the start of the project, there were two separate ISO 55000 GAP analyses and two strategic asset management plans, carried out by Zeeland Seaports and the Port of Ghent respectively. Iv’s task was to create a single framework reflecting the ISO 55000 philosophy, to support the implementation of asset management for the unified entity, North Sea Port, including the development of a roadmap.

In close collaboration with North Sea Port, we carried out the following activities:

• Drafting performance requirements.
• Enhancing the joint corporate value matrix (risk matrix) in consultation with the board, asset managers, and operators.
• Preparing a unified Strategic Asset Management Plan (SAMP) together with North Sea Port.
• Advising on the maintenance management system (MMS), through a multi-criteria analysis of systems such as IBM Maximo, Ultimo, and HxGN EAM (formerly Infor EAM).
• Developing manuals and conducting workshops to train North Sea Port personnel in the practical application of risk-based asset management.

Using our DREAM® model, we conducted the following analyses:

• Functional system analysis.
• Failure Mode, Effect & Criticality Analyses (FMECA).

Based on the FMECA outcomes, combined with Reliability Centred Maintenance (RCM), we provided recommendations regarding:

• Inspection and maintenance strategies, including condition-based, usage-based, or failure-based maintenance (CBM, UBM, or FBM).
• Specific maintenance measures, inspections, and/or management actions.

We also determined the optimal and final execution moments for the recommended maintenance and inspection actions based on the risk profile.

North Sea Port now has a single, standardised Strategic Asset Management Plan (SAMP) complete with a corresponding risk matrix and a comprehensive set of DREAM® analyses. This provides the port authority with clear insight into the risk profile of all its wet and dry assets, enabling it to develop optimal long-term maintenance plans (LTMPs) for both the Dutch and Belgian territories.