APM Terminals Bahrain, which operates the Khalifa Bin Salman Port, is experiencing a surge in profitability thanks to a recent tariff increase and operational improvements, according to Fawzi Kanoo, the company’s deputy chairman.
Mr Kanoo, who is also the deputy chairman of the YBA Kanoo Group that owns 16 per cent stake in APM Terminals Bahrain, was speaking during a Ramadan ghabga hosted by the group last week .