QIC's Global Infrastructure Fund enters agreement to acquire 100% of Sea Swift

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

QIC’s Global Infrastructure Fund (QGIF) has entered into an agreement to acquire 100% of Sea Swift, a privately-owned, integrated marine transport and logistics provider headquartered in Cairns, Australia. QGIF is comprised of domestic and global superannuation, pension, insurance, and sovereign wealth investors.

Sea Swift is the leading provider of general cargo and charter freight services to remote communities in Far North Queensland and the Northern Territory, delivering essential cargo such as food, fuel, household, medical and educational supplies and building products.

This asset joins a high-quality portfolio including the Port of Melbourne, the Powering Australian Renewables Fund, Lochard Energy (which owns and operates the Iona Gas Plant), Boston-based MasParc and most recently Brussels Airport.

Financial close on the transaction is expected to be reached over the next few months.

List of the country updates

Country updates

  • September 06, 2019

    Plans advance for multi-billion Suburban Rail Loop in Melbourne

    The Victorian Government in Australia has confirmed the preferred stage one route for the biggest transport project ever built in Victoria and a dedicated new authority to deliver it, the Suburban Rai...

    Read more
  • September 03, 2019

    Shortlist for Victoria's $6B North East Link road PPP

    Victoria's government in Australia has shortlisted three consortiums to build the North East Link’s twin road tunnels under the PPP scheme.

    Read more
  • September 02, 2019

    Preferred bidder announced for East Rockingham Resource Recovery Facility project

    The Eastern Metropolitan Regional Council in Australia has awarded the Engineering, Procurement and Construction (EPC) concession of East Rockingham Resource Recovery Facility project. The p...

    Read more
  • September 02, 2019

    Three consortia shortlisted for North East Link road project

    Victoria government in Australia has shortlisted three consortiums featuring the world’s leading construction companies to build the North East Link’s twin road tunnels. Following a world...

    Read more
  • August 28, 2019

    Infrastructure Australia calls for feedback on challenges & opportunities identified in 2019

    Infrastructure Australia is calling for feedback and submissions in response to 136 challenges and 44 opportunities identified in the 2019 Audit. Submissions will be open until 31 October 2019. Submi...

    Read more

Share this update