{"id":22503,"date":"2025-12-29T19:02:17","date_gmt":"2025-12-29T19:02:17","guid":{"rendered":"https:\/\/krogragg.com\/?p=22503"},"modified":"2025-12-29T19:02:17","modified_gmt":"2025-12-29T19:02:17","slug":"adani-ports-completes-full-acquisition-of-australias-nqxt-terminal","status":"publish","type":"post","link":"https:\/\/krogragg.com\/?p=22503","title":{"rendered":"Adani Ports Completes Full Acquisition Of Australia\u2019s NQXT Terminal"},"content":{"rendered":"

Adani Ports Completes Full Acquisition Of Australia\u2019s NQXT Terminal
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\"Adani<\/div>\n
\"adani
Image Credits: Adani Group\/Facebook<\/figcaption><\/figure>\n

Adani Ports and Special Economic Zone Limited (APSEZ) has completed the acquisition of 100% ownership of NQXT Australia, a natural deep-water, multi-user export terminal located at Abbot Point in North Queensland.<\/p>\n

The company confirmed that the transaction was concluded after fulfilling all regulatory and procedural requirements.<\/p>\n

These included approvals from majority-of-minority shareholders, the Reserve Bank of India, and Australia\u2019s Foreign Investment Review Board, among other statutory clearances.<\/p>\n

As part of the acquisition, APSEZ allotted 14,38,20,153 equity shares, each with a face value of \u20b92, to the seller Carmichael Rail and Port Singapore Holdings Pte Ltd on a preferential basis.<\/p>\n

APSEZ\u2019s management said the NQXT acquisition is a key step in the company\u2019s plan to handle 1 billion tonnes of cargo by 2030.<\/p>\n

The company stated that NQXT offers favourable geographic positioning, strong growth potential, and a well-established sustainability record.<\/p>\n

The acquisition is also expected to enhance APSEZ\u2019s presence along the East\u2013West trade corridor, complementing its existing international operations in Israel, Colombo, and Tanzania.<\/p>\n

NQXT is described as a high-growth, cash-generating asset, with revenues largely supported by take-or-pay contracts. During FY25, the terminal had a contracted capacity of 40 million tonnes and reported A$228 million in EBITDA on a proforma basis.<\/p>\n

On this basis, NQXT accounted for approximately 6% of APSEZ\u2019s revenue and 7% of its EBITDA for the financial year.<\/p>\n

The terminal primarily serves mining customers operating in Australia\u2019s Bowen and Galilee basins, exporting bulk commodities to markets across North Asia and South-East Asia. Its natural deep-water characteristics allow it to accommodate large vessels and support long-term export operations.<\/p>\n

Reference: Adani<\/em><\/p>\n<\/div>\n

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Adani Ports Completes Full Acquisition Of Australia\u2019s NQXT Terminal Image Credits: Adani Group\/Facebook Adani Ports and Special Economic Zone Limited (APSEZ) has completed the acquisition of 100% ownership of NQXT Australia, a natural deep-water, multi-user export terminal located at Abbot Point in North Queensland. The company confirmed that the transaction was concluded after fulfilling all […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194,196],"tags":[197],"class_list":["post-22503","post","type-post","status-publish","format-standard","hentry","category-marine-insight","category-shipping-news","tag-marine-insight"],"_links":{"self":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts\/22503"}],"collection":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22503"}],"version-history":[{"count":0,"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts\/22503\/revisions"}],"wp:attachment":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}