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News

Gunvor provides regular news updates here, as well as on Twitter and LinkedIn.

10 July 2023

Celsius Tankers (“Celsius”) expand their partnership with Gunvor Group Ltd (“Gunvor”) in the liquefied natural gas (LNG) sector with the chartering of four highly efficient, modern LNG carriers. The vessels, to be constructed by China Merchants Heavy Industry (Jiangsu) (CMHI), will support the growing LNG activities of Gunvor, one of the leading independent LNG trading

10 July 2023

Celsius Tankers (“Celsius”) expand their partnership with Gunvor Group Ltd (“Gunvor”) in the liquefied natural gas (LNG) sector with the chartering of four highly efficient, modern LNG carriers. The vessels, to be constructed by China Merchants Heavy Industry (Jiangsu) (CMHI), will support the growing LNG activities of Gunvor, one of the leading independent LNG trading

2 May 2023

The Facility will support the Asian fuel oil business and incorporate new digital reporting tools Gunvor Singapore Pte. Ltd. (“Gunvor Singapore”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US $600 million borrowing base facility (“Facility”) to support the working capital needs of its Asian fuel oil business. The

2 May 2023

The Facility will support the Asian fuel oil business and incorporate new digital reporting tools Gunvor Singapore Pte. Ltd. (“Gunvor Singapore”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US $600 million borrowing base facility (“Facility”) to support the working capital needs of its Asian fuel oil business. The

5 April 2023

Gunvor Group Ltd (“Gunvor”), one of the world’s leading independent commodities trading companies, today announces the following financial information for the year ended 31 December 2022: Revenue: US $150 billion Volumes: 165 million MT Gross profit: US $4.881 billion Net profit after taxes: US $2.359 billion Equity: US $5.286 billion Following a year in which

5 April 2023

Gunvor Group Ltd (“Gunvor”), one of the world’s leading independent commodities trading companies, today announces the following financial information for the year ended 31 December 2022: Revenue: US $150 billion Volumes: 165 million MT Gross profit: US $4.881 billion Net profit after taxes: US $2.359 billion Equity: US $5.286 billion Following a year in which

16 March 2023

NICOSIA – Gunvor Group Ltd (“Gunvor” or the “Company”), one of the largest energy commodities trading companies in the world, has updated the composition of its Board of Directors, effective 1 March 2023. Ms. Vasiliki Papalli, who has been with Gunvor since 2013 and serves as Group Administration Director, will replace Mr. Jerome Gonelle, who

16 March 2023

NICOSIA – Gunvor Group Ltd (“Gunvor” or the “Company”), one of the largest energy commodities trading companies in the world, has updated the composition of its Board of Directors, effective 1 March 2023. Ms. Vasiliki Papalli, who has been with Gunvor since 2013 and serves as Group Administration Director, will replace Mr. Jerome Gonelle, who