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Volare Shipping to Buy VLCC Newbuild for US$ 210 Million

PUBT·11/11/2026 09:45:18
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Volare Shipping to Buy VLCC Newbuild for US$ 210 Million
  • Volare Shipping agreed to acquire a newbuild VLCC for US$ 210 million from an affiliate of indirect majority shareholder Trafigura Maritime Logistics.
  • The scrubber-fitted M.T. VENI VIDI VICI is scheduled for delivery on November 20, 2026, from Hengli shipyard in China.
  • Existing cash and long-term lease financing will fund the acquisition, with completion expected in November 2026, subject to financing and customary closing conditions.
  • Delivery will expand the fleet to seven operating VLCCs, with eight additional newbuilds due in 2027 and 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Volare Shipping Ltd. published the original content used to generate this news brief via Cision (Ref. ID: 202611110444BITN____UKPR__EN_20261111-BIT-7720-0) on November 11, 2026, and is solely responsible for the information contained therein.