Shipping
Trafigura establishes Volare Shipping with 14 supertankers, targets October Oslo listing
Trading house Trafigura launched Volare Shipping to own and operate 14 supertankers, planning a private placement to raise $500 million before listing on Norway's Euronext Growth Oslo exchange on or about October 5. Volare currently operates six VLCCs with eight newbuild VLCCs on order for delivery between 2026 and 2028. The company will trade under ticker VLCC, with CEO Alexandre Duff stating the private placement will fully fund the current newbuilding programme.
