APM Terminals (APMT) has signed the Letter of Intent (LOI) this week with the Ministry of Transportation and Telecommunications to deepen the company’s collaboration with Bahrain.
The aims of the letter are to more than double the terminal’s throughput by 2030, expand trade flows with Saudi Arabia, and advise on and invest in new growth segments that support Bahrain’s Economic Vision 2030 and beyond.
Managing Director of APMT in Bahrain, Matthew Luckhurst stated: “APMT is committed to net zero operations by 2040, with Khalifa Bin Salman Port leading the way. Our collaboration with the Government of Bahrain, particularly through a 11.5 megawatt solar power project will enable us to meet 100 per cent of our terminal’s energy needs the first port in the region to achieve such a milestone.
“These initiatives will be supported by APM Terminals’ commitment to upskilling local talent and creating high-quality, future-proof employment opportunities. Our efforts have a proven track record of generating direct and indirect jobs, in the communities we serve.”
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Commenting on this, Dr. Shaikh Abdulla bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, said: “This signing is a significant step in further strengthening Bahrain’s economy in line with Bahrain’s Economic Vision 2030. By utilising Bahrain’s strategic location — particularly its direct links to Saudi Arabia and the Arabian Gulf states — Bahrain is well positioned as a major regional centre for trade distribution.
“The Ministry will provide its full support to APMT in achieving its objectives and showcasing the potential that Bahrain has to offer.”
Earlier this month, APMT Maasvlakte II and Rocsys joined forces to deploy hands-free charging at Maasvlakte II in the Port of Rotterdam.
