You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence World News Latest Features World Americas EMEA Asia/Pacific Home News & Features World Trafigura Launches Tanker Firm Volare Shipping Trafigura Launches Tanker Firm Volare Shipping by Ship & Bunker News Team Monday September 21, 2026 Tweet Follow @shipandbunker Volare Shipping will currently operate six VLCCs with eight more on orders. Image Credit: Trafigura Commodity trading company Trafigura has set up Volare Shipping as a dedicated company to own and operate a fleet of oil tankers. The fleet currently comprises six VLCCs , with another eight on order for delivery between 2026 and 2028 , the firm said in an emailed statement on Monday. Volare Shipping plans to raise around $500 million through a private placement before seeking a listing on Euronext Growth Oslo . Trading is expected to begin around October 5 , subject to approval and completion of the placement. Trafigura will remain the majority shareholder, while its shipping business will commercially manage the fleet. Once all newbuilds are delivered, Volare Shipping will own 14 VLCCs , with an average fleet age of about three years. The vessels are larger than standard tankers and feature additional tank coating and heating systems. They are also ammonia-ready and have dual-fuel capability. Ship & Bunker News Team To contact the editor responsible for this story email us at [email protected] Also in the News Amogy and LOTTE Fine Chemical Explore Ammonia Bunkering in South Korea LOTTE Fine Chemical had delivered green ammonia to a vessel in Ulsan in April. Read in Full Massive Strike Against Iran And Botched Counterstrike Sends Oil Past $100 Meanwhile, passage through the Hormuz continues to decline. Read in Full HMM Signs Long-Term Shipping Contr