Adani Shipping Buys Vessels to Transport Coal From Australia

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Adani Shipping Pte Ltd., a unit of India’s Adani Enterprises Ltd., bought two ships to transport coal from the group’s mines in Indonesia and Australia, the company said in an e-mailed statement today.

Adani Shipping plans to have 20 capsize vessels by 2020, the statement said, citing Chairman Gautam Adani.