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Volare Shipping Debuts on Euronext Growth, Raises $500M

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Story summary
  • Volare Shipping began trading on Norway’s Euronext Growth Oslo under ticker VLCC on 5 October 2026.
  • The listing raised about USD 500 million (NOK 4.73 billion) by issuing 30.7 million shares at NOK 154 each.
  • Opening trade price was NOK 169, valuing Volare Shipping at roughly NOK 11.884 billion.
  • Volare operates six VLCCs and has eight newbuild VLCCs scheduled for delivery through 2028.
  • The fleet’s average age of about three years makes it among the youngest listed VLCCs.