Change language:

Our History
  • 2014
  • 2013
  • 2012
  • 2011
  • 2009
  • 2008
  • 2007
  • 2005
  • 2003
  • 2000
2014
2013
2012
2011
2009
2008
2007
2005
2003
2000
May
2014
May
Opened Shanghai Office
12842227599778.u2mwC5Evf6l835n3mWgb_height640
Opened Trading Office in Shanghai
May 2014
Gunvor opened Gunvor (China) Trading Ltd in the Shanghai Free Trade Zone to focus initially on trading base metals, coal and iron ore, with a planned expansion into trading petroleum products.
May
|
December
2013
May
Inaugural Bond
December
Opened Metals Desks
2013Desk_metals
Opened Trading Desk for Metals
December 2013
Building on the company’s global reach, Gunvor opened a trading desk for metals, which operates out of our Singapore and Shanghai offices.
2013SGX
Listed Inaugural Bond on Singapore Exchange (SGX)
May 2013
Gunvor successfully priced a US $500 mil. bond as a part of the company’s strategy to diversify and strengthen our financial foundation and long-term capital structure.
October
2012
October
Acquired Refineries
Gunvor Refinery
Acquired Refineries in Belgium and Germany
October 2012
As a part of the company’s strategy to invest in assets that have a strategic fit within our trading portfolio, Gunvor acquired oil refineries in Antwerp, Belgium and Ingolstadt, Germany.
August
|
October
2011
August
Opened Trading Office
October
First Mining Investment
2011Dubai
Opened Trading Office in Dubai, UAE
August 2011
Furthering Gunvor’s global expansion, Gunvor opened a trading office in Dubai, United Arab Emirates. It serves an integral role in Gunvor’s ongoing, and expanding, operations in the Middle East.
Coal
First Mining Investment: Signal Peak Energy
October 2011
Gunvor makes first investment in a coal mining asset through a significant stake in Signal Peak Energy, located in Roundup, Montana, USA. It is a high Btu thermal coal mine, with an externsive 30 year coal reserve, plus secured rail and port access.
February
|
June
2009
February
Opened Trading Office
June
Added Trading Desks
2009Coal,NaturalGas,Biofuels,CarbonEmissions
Added Trading Desks for Coal, Natural Gas, Biofuels and Carbon Emissions
June 2009
As Gunvor has grown, we have continued to expand the products we trade. Adding trading desks for coal, natural gas, biofuels and carbon emissions were a natural fit to our existing oil and refined products portfolio and logistics expertise.
2009Nassau
Opened Trading Office in Nassau, Bahamas
February 2009
To coordinate Gunvor’s considerable trading activity throughout North and South America, the company opened a trading office in Nassau, Bahamas.
February
2008
February
First Industrial Asset Investment
2008Ust-Luga Oil
First Industrial Asset Investment: Ust-Luga Oil Products Terminal
February 2008
Over the last decade, Gunvor has evolved from its pure merchant heritage to being increasingly embedded all along the energy supply chain.
November
2007
November
Opened Trading Office
2007Singapore
Opened Trading Office in Singapore
November 2007
To expand the company’s trading on a geographic basis, Gunvor opened an office in Singapore, which today is our fastest growing office. From Singapore, we trade crude oil, oil products, coal, iron ore, industrial metals and precious metals.  
August
2005
August
Increased Global Diversification
tradingroutsimage
Increased Global Diversification of Trade Flows
August 2005
As early as 2002, Gunvor began to diversify its trading portfolio and expand into new geographies to reduce dependence on the physical arbitrage for crude oil that existed in Russia.
June
2003
June
Established Head Trading Office
2003Geneva
Established Head Trading Office in Geneva, Switzerland
June 2003
Geneva has historically been a center for trading, offering access to a base of trading talent and financial institutions with the expertise to support a growing industry.
May
2000
May
Founded
Russian Architectural Influence: Tallinn Estonia
Founded to Trade from the Gulf of Finland
May 2000
Gunvor was founded to export  crude oil and oil products from the Gulf of Finland at a time when a clear arbitrage existed due to the fragmentation of the Russian oil industry as a results of the country’s political transformation.