Independent journal on economy and transport policy
08:14 GMT+1
This page has been automatically translated by Original news
Adani Ports will acquire the society that manages the carboniferous terminal of the Australian port of Abbot Point
It will be yielded by the Swiss group Glencore
September 20, 2016
Indiana Adani Ports, through the society integrally controlled Abbot Point Operations, has signed an agreement in order to acquire the entire share capital of Abbot Point BulkCoal, the branch of the Glencore group that manages the terminal for the coal exports of the port of Abbot Point, activity that constitutes Core business of the Australian harbour port of call. According to the forecasts, the transaction - that it has a value of about 19,2 million dollars Australian (USA 14,5 million dollars) - will be capacity to term within the end of the current month.
In the 2011 Adani group it had acquired in concession for 99 years the Australian harbour terminal, that it per year has an ability to traffic of 50 million tons and up to now was managed by the society of the Swiss group Glencore ( on 3 May 2011).
In exercise 2015-2016, finished 30th june, the terminal has enlivened a traffic of 27,0 million tons of coal, with a decrease of the -5,8% regarding 28,7 million tons in the exercise precedence.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
Indiana Adani Ports, through the society integrally controlled Abbot Point Operations, has signed an agreement in order to acquire the entire share capital of Abbot Point BulkCoal, the branch of the Glencore group that manages the terminal for the coal exports of the port of Abbot Point, activity that constitutes Core business of the Australian harbour port of call. According to the forecasts, the transaction - that it has a value of about 19,2 million dollars Australian (USA 14,5 million dollars) - will be capacity to term within the end of the current month.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
