Trafigura's Volare Raises $500 Million for an Oslo VLCC Listing as the Supertanker Orderbook Hits 38% of the Fleet
Volare Shipping, the company Trafigura set up to own its growing VLCC fleet, has raised about $500 million in an oversubscribed private placement ahead of a listing on Euronext Growth Oslo. Trading is expected to start around October 5 under the ticker VLCC. The placement sold…