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Trafigura Launches $500m Oslo IPO for New VLCC Spin-Off Volare Shipping
Trader floats new tanker owning company, with plans to expand into other sectors
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7 Articles
The raw material trader Trafigura founds with Volare Shipping a company for the possession and operation of a fleet of crude oil tankers. The company is to be listed on the stock exchange in Oslo.
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E24
E24Volare Shipping will raise 4.7 billion kroner and sail to the Oslo Stock Exchange.
·Oslo, Norway
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The goal is to list on the Norwegian stock exchange.
In the midst of a record-breaking tanker market, Trafigura is preparing for an IPO in Oslo with the newly established shipping company Volare Shipping.
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