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Trafigura launches Volare with 14 VLCCs as tanker rates hit $1M a day

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  • Trafigura launched Volare Shipping to own and operate crude-oil tankers.
  • $500 million is planned through a private placement before Volare’s Oslo listing.
  • Volare starts with six VLCCs and eight newbuildings due from 2026 to 2028.
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