Capital Tankers Corp. (Ticker: CAPT NO) is a company specializing in the operation of an expanding oil tanker fleet. Formed as a spin-off from parent company Capital Maritime & Trading, Capital Tankers Corp. plans to list on the Euronext Growth Oslo exchange on March 17, 2026. The company is offering shares at a price of NKr 134 each, reportedly raising an upsized total of $500 million, including the overallotment option, following strong investor demand. This gives the company an implied valuation of $1.4 billion.

Post-IPO, Capital Maritime & Trading will retain a 73.7% controlling stake in the business, while public investors will hold the remaining 26.3%. According to sources, the company's fleet currently includes 3 operational vessels, with 5 slated for delivery in the first quarter of 2026 and another 22 under construction. In 2025, the unit generated a reported profit of $15.3 million on $42.2 million in revenue. The offering is being supported by Fearnley Securities and Pareto Securities acting as joint coordinators, alongside Clarksons Securities and SB1 Markets serving as bookrunners.