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Live News EQUITY ARTICLE M impact

Volare Shipping Shares Jump on First Trading Day

Volare Shipping shares surged 7.5% to 165.50 kroner on their first day of trading in Oslo, driven by record-high tanker rates.

VLCC

50 kroner in morning trade on their first day of trading in Oslo. The listing comes as tanker rates have surged to record highs since the conflict in the Middle East upended oil markets. The source text cuts off after noting the cost of hiring an o…