In connection with the Company’s launch, Volare Shipping has disclosed a contemplated Private Placement to raise approximately USD500 million and a subsequent proposed listing of the Company’s shares on Euronext Growth Oslo. Following the proposed listing, Trafigura will be the majority-owner of Volare Shipping.
Subject to, among other things, Euronext Oslo Børs’ approval of the Company's listing application, and a successful completion of the Private Placement, the Company’s shares are expected to commence trading on Euronext Growth Oslo on or about 5 October 2026, under the ticker “VLCC”.
Trafigura has built one of the world’s leading shipping operations. It currently manages approximately 500 vessels across multiple segments, including around 250 oil tankers.
Through Volare Shipping, investors will gain exposure to a high-specification fleet commercially managed by one of the world’s leading tanker charterers. Access to the capital markets will, in turn, give Volare Shipping a strong platform from which to grow and expand.
Volare Shipping currently operates six VLCCs and has eight newbuild vessels on order, delivering progressively between 2026 and 2028.
At an average age of approximately three years on full delivery in October 2028, Volare Shipping’s fleet ranks among the youngest and most technically advanced in the listed VLCC sector. The newbuild vessels are larger than standard tankers and can carry greater cargo volumes. They are also fitted with additional internal tank coating and heating systems, enabling them to transport a wider range of cargo types. All vessels comply with leading international environmental and regulatory standards and have ammonia-ready dual-fuel capability.
About Volare Shipping
- an international shipping company, incorporated in Singapore;
- established and majority-owned by Trafigura, one of the world’s largest commodity trading and shipping groups, Volare Shipping owns a modern, high-specification fleet of Very Large Crude Carriers (VLCCs) under Trafigura’s commercial management;
- Volare Shipping currently operates six VLCCs and has eight newbuild vessels on order, delivering progressively between 2026 and 2028;
- at an average age of approximately three years on full delivery, Volare Shipping’s fleet ranks among the youngest and most technically advanced in the listed VLCC sector;
- the newbuild vessels are larger than standard tankers and can carry greater cargo volumes;
- they are also fitted with additional internal tank coating and heating systems, enabling them to transport a wider range of cargo types;
- аll vessels comply with leading international environmental and regulatory standards and have ammonia-ready dual-fuel capability.
