Bahrain has awarded a 25-year concession to a joint venture led by APM Terminals (APMT) to operate a two-berth container terminal at the new Khalifa bin Salman Port, which is due to be completed by the end of 2008 or early 2009. A formal agreement is expected to be signed soon.
APM Terminals Bahrain (APMTB), a joint venture of APMT (80%) and Yusuf Bin Ahmed Kanoo Holdings (20%) will begin by handling containers at the existing Mina Salman port and invest in upgrading its facilities....
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This complete item is approximately 300 words in length, and appeared in the September 2006 issue of WorldCargo News, on page 11.
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