India's Largest Port Operator To Acquire Major Export Terminal in Australia

India's Largest Port Operator To Acquire Major Export Terminal in Australia

Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest private port operator, has announced a $2.4-billion non-cash deal to acquire the North Queensland Export Terminal (NQXT) in Australia, as Adani seeks to jumpstart its global expansion plans. Adani ports CEO Ashwani Gupta described as “pivotal” the transaction, which involves the issuance of 14.38 crore equity shares to Carmichael Rail and Port Singapore Holdings Pte Ltd (CRPSHPL)…

Adani Ports To Acquire Australian Terminal In $2.4-Billion Non-Cash Deal

Adani Ports and SEZ Ltd, India's biggest private port operator, announced on Thursday a $2.4 billion non-cash acquisition of a coal export terminal in Australia from a group company to strengthen its presence in the Asia-Pacific region.

North Queensland Export Terminal owner acquired by Indian company - Fully Loaded

Image: Adani Ports and LogisticsAdani Ports and Special Economic Zone Ltd (APSEZ) has now acquired Abbot Point Port Holdings Pte Ltd (APPH), the owner of the North Queensland Export Terminal. Located at the Port of Abbot Point, approximately 25 km north of Bowen, in North Queensland on Australia’s east coast, it is a dedicated export terminal with a capacity of 50 million tonnes per annum. It has also been declared as a Strategic Port and a Prio…

APSEZ buys Australian terminal in $2.5-billion deal

AHMEDABAD : Adani Ports and SEZ, the country’s biggest private port operator, on Thursday said it has acquired a coal export terminal in Australia from a group company in a $2.4-billion non-cash deal. The move is aimed at strengthening presence in the Asia-Pacific region. The company has bought Abbot Point Port Holdings (APPH), Singapore, from Carmichael Rail and Port Singapore Holdings Singapore (CRPSHPL), according to a statement. APPH owns th…

Adani Ports Acquires NQXT Australia With 50 MTPA Capacity

The purchase of Abbot Point Port Holdings Pte Ltd (APPH), Singapore, from a related party, Carmichael Rail and Port Singapore Holdings Pte Ltd, Singapore (CRPSHPL), was authorized by the Adani Ports and Special Economic Zone Ltd (APSEZ) Board of Directors on Thursday. The North Queensland Export Terminal (NQXT), a specialized export terminal with a current nameplate capacity of 50 million tonnes per annum (MTPA), is owned and operated by vAPPH. …

Invest: APSEZ acquires Australian NQXT

Acquisition opens new export markets, says Gupta The Board of Directors of Adani Ports and Special Economic Zone Ltd (APSEZ) has approved the acquisition of the North Queensland Export Terminal (NQXT), a dedicated export terminal with a current nameplate capacity of 50 million tonnes per annum (MTPA). The terminal is located at the Port of […] Source