Volare Shipping has agreed to purchase a modern, scrubber-fitted eco VLCC from an affiliate of Trafigura Maritime Logistics (TML), its indirect majority shareholder, for US$210m. The vessel, named Veni Vidi Vici, is currently undergoing sea trials at Hengli shipyard in China and is scheduled for delivery on 20 Nov 2026. Volare Shipping, a VLCC specialist, said the tanker's prompt delivery is expected to generate an immediate, positive contribution to earnings growth amid a strong market environment. The acquisition will be funded through existing cash and long-term lease financing, with completion expected this month subject to financing and customary closing conditions. Fearnley Securities, part of Astrup Fearnley Group, acted as financial advisor to Volare Shipping on the transaction. Following delivery, Volare's fleet will comprise seven very large crude carriers on the water, with a further eight newbuilds scheduled for delivery in 2027 and 2028. Established and majority-owned by Trafigura, Volare Shipping began trading on Euronext Growth Oslo on 5 Oct 2026, with its fleet commercially managed by Trafigura's global shipping business. Alexandre Duff, chief executive officer of Volare Shipping, described the purchase as part of the company's disciplined growth strategy, noting the vessel was acquired at an attractive valuation and would support the firm's aim of building one of the youngest tanker fleets in the industry.