Capital Tankers Corp, the latest high-profile maritime venture spearheaded by Greek shipping magnate Evangelos Marinakis, has significantly upsized its initial capital raising efforts in Oslo. Following an overwhelming response from the global investment community, the company announced that its private placement has been increased to a total of $500 million. This strategic move comes just weeks before the firm is scheduled to debut on the Euronext Growth Oslo exchange, which has long been a preferred hub for maritime and energy-related listings. The decision to expand the offering was driven by an order book that was reportedly oversubscribed several times over, reflecting a high level of confidence in the management and the sector's outlook. This level of interest underscores the current appetite for tanker assets, particularly those managed by established players like Capital Maritime & Trading Corp. By spinning off its tanker division into a standalone entity, Marinakis is positioning the new company to capitalize on the volatile yet lucrative spot market and long-term charter opportunities currently characterizing the crude and product tanker sectors. Oslo has long been a strategic destination for shipping companies looking to tap into specialized capital. The Euronext Growth market provides a streamlined path to listing while offering access to a sophisticated pool of investors who understand the cyclical nature of the shipping industry. For Capital Tankers, the successful $500 million raise provides a robust balance sheet to facilitate vessel acquisitions and operational scaling. Industry analysts suggest that the timing of this IPO is particularly auspicious. With global oil trade routes shifting due to geopolitical tensions and a relatively thin order book for new tankers, existing tonnage is commanding premium rates. Capital Tankers’ entry into the public market allows it to offer a pure play investment vehicle for those seeking exposure to these favorable macro-economic conditions. The listing is expected to take place next month, marking a significant milestone for the Capital group as it continues to diversify and optimize its maritime portfolio across various vessel classes. The move also highlights the resilience of the Oslo capital markets in attracting international shipping heavyweights.