- APM Terminals signed an LOI with Bahrain to expand port operations and trade with Saudi Arabia.
- The initiative aims to double terminal throughput by 2030 and support Bahrain’s Economic Vision 2030.
- Plans include a ship recycling ecosystem and a solar project for sustainable port operations.
APM Terminals has signed a Letter of Intent (LOI) with Bahrain’s Ministry of Transportation and Telecommunications, reinforcing its long-term collaboration with the country. The agreement focuses on increasing terminal throughput, enhancing trade connections with Saudi Arabia, and investing in new growth areas that support Bahrain’s Economic Vision 2030. The initiative seeks to establish Bahrain as a regional hub for trade and logistics.
Government Support for Strategic Expansion
Speaking on the agreement, His Excellency Dr. Shaikh Abdulla bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, stated, “This signing is a significant step in further strengthening Bahrain’s economy in line with Bahrain’s Economic Vision 2030. By utilizing Bahrain’s strategic location — particularly its direct links to Saudi Arabia and the Arabian Gulf states — Bahrain is well positioned as a major regional center for trade distribution. The Ministry will provide its full support to APM Terminals in achieving its objectives and showcasing the potential that Bahrain has to offer.”
Sustainability and Responsible Ship Recycling
As part of the collaboration, APM Terminals and its parent company, A. P. Moller – Maersk, are integrating sustainability into their expansion plans. Chief Executive Officer, Asia and Middle East of APM Terminals, Jon Goldner, stated, “This event marks an important next step for our collaboration and how we can leverage our unique capabilities from both APM Terminals and A. P. Moller – Maersk. As an example of our plans under the LOI, to support economic growth and sustainability, and building on its 100-year history in the Kingdom, A. P. Moller – Maersk recently signed an MOU to create a responsible ship recycling ecosystem. The recycled steel will then be re-exported via the port creating additional value to the economy.”
Renewable Energy and Future-Proof Employment
The Managing Director of APM Terminals in Bahrain, Matthew Luckhurst, highlighted the company’s commitment to sustainability and local employment, stating, “APM Terminals 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% 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.”
APM Terminals Bahrain currently supports over 500 direct jobs and is actively involved in upskilling local talent through international-standard training and partnerships with academic institutions. The company remains committed to fostering high-quality, future-ready employment opportunities in Bahrain’s logistics sector.
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Source: APM Terminals
