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The report outlines ownership structure, core corporate values, and the Lean business system used to drive continuous improvement, safety, productivity, and innovation across terminals and headquarters. 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Annual Report 2024  \nHis Majesty  \nKing Hamad bin Isa Al Khalifa  \nThe King of The Kingdom of Bahrain  \nHis Royal Highness  \nPrince Salman bin Hamad Al Khalifa  \nThe Crown Prince, Deputy Supreme Commander, and Prime Minister of The Kingdom of Bahrain  \nTABLE OF CONTENTS  \nAbout APM Terminals Bahrain 06  \nChairman’s Message 10  \n2024 Financial Highlights 12  \nCorporate Governance Report 2024 14  \nCorporate Social Responsibility 30  \nFinancial Statements 37  \nABOUT APM TERMINALS-BAHRAIN  \nAPM Terminals Bahrain [B.S.C. is](B.S.C. is) a public listed company incorporated in the Kingdom of Bahrain, with 64% of its shares owned by APM Terminals B.V. (Netherlands), a subsidiary of A. P. Moller-Maersk, 16% by Yusuf Bin Ahmed Kanoo (Holdings) Co. W. L. L. and remaining 20% by various corporate and individual shareholders. It has been established for the purpose of managing and operating the state-of-the-art Khalifa Bin Salman Port (KBSP) of the Kingdom of Bahrain.  \nAPM Terminals maintains a vast network of terminals across the globe, either on its own or with another operating partner. Headquartered in The Hague, Netherlands, APM Terminals specializes in providing customer-oriented solutions that are built around the evolving needs of the customers. The services are designed to ensure customers receive technologically competent, seamless, efficient experience by reducing complexity for them when purchasing different services in the market.  \nKBSP is the only general commercial port facility in the Kingdom of Bahrain which connects Bahrain to the world through its highly efficient operations and modern infrastructure, empowering businesses to fulfill consumer needs.  \nLocated on 900,000 square metres of reclaimed land, the port has 1,800 metre quay which includes a container terminal served by four 61 metres post-panamax cranes, as well as general cargo, RO-RO and passenger facilities. Passenger facility includes a dedicated passenger terminal that is capable of handling cruise and ferry calls.  \nKBSP is one of the multi-purpose deep water facilities located in the Middle East. Through its diverse service offering, KBSPis capable of handling the following:  \nContainers are used in the import and export of packaged cargo carried by container ships. Container dimensions range from 20, 40, 45 foot and are measured in Twenty Foot Equivalent Units (TEU) . These can be broken down into two broad sub-categories:  \n• Local – export and import of containers with origin or destination being local; and  \nGeneral Cargo consists typically of commodity goods bulk or break-bulk including but not limited to livestock, steel, sugar, construction materials and RO-RO and passengers.  \nBy means of its multi-purpose and modern port facilities, APM Terminals Bahrain plays a key role in facilitating external trade and marine services through Container Terminal activities, General Cargo, RoRo, Cruise and related port services, thus contributing significantly to Bahrain’s economic growth.  \n• Transshipment – a container which is transferred from one  \nship to another at some point during the journey without leaving the port where the transfer is taking place, is said to be transshipped.  \nClassification: Internal  \nOUR VALUES  \nAs part of A. P. Moller-Maersk’s group companies, APM Terminals Bahrain B. S. C. follows a distinctive set of Core Values which drive the way we do business. These five corporate values were ingrained into our operations by our founders and have remained guiding principles,  \ngoverning the development of the Company.  \nConstant Care  \nTake care of today, actively prepare for tomorrow  \nWhether solving today’s challenges or exploring opportunities to shape the future, we anticipate, innovate, and strive to improve everything we do.  \nHumbleness  \nListen and respond to our customers’ needs  \nWe stay curious, open-minded and respect other perspectives, always seeking to learn from each other, our customers, and","cbCaie7z8jMnNDmZ","https://ap.wps.com/l/cbCaie7z8jMnNDmZ","pdf",6196024,78,"English","# Table of Contents\n## About APM Terminals Bahrain\n## Chairman’s Message\n## 2024 Financial Highlights\n## Corporate Governance Report 2024\n## Corporate Social Responsibility\n## Financial Statements","[{\"question\":\"What is APM Terminals Bahrain’s primary business and purpose?\",\"answer\":\"APM Terminals Bahrain manages and operates Khalifa Bin Salman Port (KBSP) in Bahrain. Its purpose is to support global connectivity and trade through port operations and related services.\"},{\"question\":\"How is Khalifa Bin Salman Port (KBSP) described in the report?\",\"answer\":\"KBSP is presented as Bahrain’s only general commercial port facility with modern infrastructure and efficient operations. It includes container, general cargo, RO-RO, and passenger facilities on reclaimed land.\"},{\"question\":\"What is the Lean business system mentioned in the report used for?\",\"answer\":\"Lean is described as a foundation for success that enables safer, better, bigger performance. It supports continuous improvement by standardizing global processes and eliminating waste to improve productivity and value creation.\"}]","APM Terminals Bahrain Annual Report 2024 - Financial and Corporate Overview | PDF",197]