Trafigura launches Volare Shipping, plans Oslo listing
Bloomberg reports that Trafigura has spun off its supertanker fleet and plans to list a portion of the new company as crude-shipping earnings hit a record $1 million a day.
TLDR
Reuters reports that Trafigura has launched Volare Shipping, which would own and operate 14 supertankers, and plans to sell shares ahead of an Oslo listing in October 2026. Bloomberg describes the move as a spin-off of Trafigura’s supertanker fleet, with a portion of the new company slated for Oslo’s Euronext exchange as earnings for shipping crude reach a record $1 million a day.
Combined views
121.4K
3 Sources, first seen 9d ago
78 likes13 comments12 saves17 reposts