Shipping & Ports
Trafigura Establishes Volare Shipping to Manage Crude Tanker Fleet
Trafigura has formed Volare Shipping Ltd., a dedicated subsidiary created to own, operate, and expand a modern fleet of oil tankers.
Commodities group Trafigura has launched a new dedicated corporate entity, Volare Shipping Ltd. The company was established to own, run, and scale up a fleet of modern crude oil tankers.
The starting portfolio for Volare Shipping consists of six active Very Large Crude Carriers currently in service, alongside an order book featuring eight newbuild vessels.
Commercial operations and management of the fleet will be overseen directly by Trafigura's global shipping division.
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Trafigura launches Volare ShippingGlobal Freight Briefing
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