Trafigura launches Volare Shipping, eyes Oslo listing
Trafigura launched Volare Shipping, initially operating six very large crude carriers, and plans to sell an approximately $500 million stake in the oil shipping business ahead of a potential Oslo listing.
Trafigura has launched Volare Shipping and said it plans to sell a roughly $500 million stake in the oil shipping business ahead of a potential listing. The company said Monday that Volare Shipping will initially operate six very large crude carriers, with a further eight to follow.