# Volare Shipping Ltd.: First Day of Trading on Euronext Growth Oslo and Publication of Information Document

- Source: mfn · Published: 2026-10-05 · Kind: other
- Original: https://mfn.se/cis/a/volare-shipping/volare-shipping-ltd-first-day-of-trading-on-euronext-growth-oslo-and-publication-of-information-document-589e31f8

**TL;DR —** Volare Shipping Ltd. began trading on Euronext Growth Oslo under the ticker "VLCC" following a successful private placement that raised approximately $500 million.

## Takeaways
- Volare Shipping commenced trading on Euronext Growth Oslo on October 5, 2026, under the ticker "VLCC".
- The company completed a private placement of 30,698,864 new shares at NOK 154 per share, raising gross proceeds of approximately USD 500 million.
- Volare Shipping is a Singapore-incorporated international shipping company, majority-owned by Trafigura, operating six Very Large Crude Carriers (VLCCs) with eight newbuild VLCCs on order for delivery through 2028.
- The company's fleet, upon full delivery, will have an average age of approximately three years, positioning it among the youngest and most technically advanced in the listed VLCC sector.
- Trafigura commercially manages Volare's fleet, providing an industry-leading chartering platform and significant commercial scale.

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