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Volare Shipping to Buy Crude Carrier from Trafigura Affiliate for $210 Million

MT Newswires·11/11/2026 05:29:27
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05:29 AM EST, 11/11/2026 (MT Newswires) -- Volare Shipping (VLCC.OL) agreed to acquire the very large crude carrier, MT Veni Vidi Vici, from an affiliate of indirect majority shareholder Trafigura Maritime Logistics for $210 million. The shipping company plans to fund the purchase with existing cash and long-term lease financing, according to a Wednesday release. The vessel is due for delivery on Nov. 20, and the deal is set to close in the same month, subject to financing and customary closing conditions.