Capital Tankers, which belongs to the business group of Evangelos Marinakis, is setting its sights on the Oslo Stock Exchange with the aim to raise $345 million through a private placement. The company, which currently has assets valued at approximately $13.4 billion, is taking steps toward a public offering on the Euronext Growth Oslo. This strategic move signifies an important development for the tanker company as it looks to expand its presence and potentially increase its investment capabilities.

The capital raised will support Capital Tankers' growing operations, which currently includes a fleet of 30 oil tankers, among which three vessels are already in operation, with another five soon to be delivered, and 22 more under construction. Specifically, the fleet comprises 12 Very Large Crude Carriers (VLCC), 10 Suezmax tankers, and eight Aframax/LR2 vessels. Furthermore, the company holds 13 options for the construction of additional tankers, which can be exercised until December 31, 2026, indicating a robust growth trajectory and strategic planning in response to market demands.

Moreover, recently, the Marinakis group has placed an order for 11 super tankers (VLCC) at shipyards in China, further showcasing their commitment to expanding their fleet and capabilities. This initiative highlights the increasing investment activity in the shipping sector, driven by growing global energy demands, which Capital Tankers is strategically positioning itself to capitalize on through this significant financial maneuvering.