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Trade & Logistics

25 September 2026

Volare hits $1.2bn valuation after $500m raise

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Source reporting: Splash247

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Volare hits $1.2bn valuation after $500m raise

Trafigura-backed Volare Shipping has completed a $500m equity raise ahead of its planned Oslo listing, putting a post-money value of around NOK11. 5bn ($1. 2bn) on the newly created VLCC owner. The Singapore-incorporated company allocated 30. 7m new shares at NOK154 apiece in a private placement that was significantly oversubscribed, drawing in shipping industry investors, family offices and …

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