# Volare Shipping Ltd.: Stabilisation notice

- Source: mfn · Published: 2026-10-13 · Kind: other
- Original: https://mfn.se/cis/a/volare-shipping/volare-shipping-ltd-stabilisation-notice-3f7d33cf

**TL;DR —** Volare Shipping partially utilized its Greenshoe Option by issuing 300,000 new shares at the private placement offer price, increasing total shares outstanding to 70,619,479, with 4,303,720 shares remaining under the option until November 3, 2026.

## Takeaways
- Volare Shipping issued 300,000 new shares through a partial utilization of its Greenshoe Option, increasing total shares outstanding to 70,619,479.
- The shares were issued at the same price as the private placement completed on September 23, 2026, indicating price stability efforts.
- The Greenshoe Option, initially for up to 4,604,829 shares, now has 4,303,720 shares remaining and is valid until November 3, 2026.
- This stabilization activity, managed by Clarksons Securities AS and Fearnley Securities AS, aims to support the share price following the recent private placement.
- Volare Shipping, established in 2026 and majority-owned by Trafigura, operates six VLCCs with eight newbuilds on order through 2028, aiming for a young, technically advanced fleet.

*Generated 2026-10-29 via google/gemini-2.5-flash*