Gunvor Group, a leading global commodities trading house, has sold a 74 percent stake in OJSC “Ust-Luga Oil”, the operator of Ust-Luga Oil Products Terminal, to a company controlled by Mr. Andrei Bokarev, an investor in coal mining, transportation and industrial processes. The investment aligns with Mr. Bokarev’s expanding Russian logistics portfolio. Gunvor will retain

Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor Group”), has signed a USD 911.7 million syndicated revolving credit facility (the “Facility”). Initially launched at USD 550 million, the Facility was well received by the banking community and was oversubscribed by 65%. As a result, the Facility was increased and

Gunvor Group Ltd (“Gunvor”), one of the world’s leading independent commodities trading houses, today released results for the year ended 31 December 2014, which marked the company’s 15th year in business. Gunvor managed a steady performance despite an uneven trading environment throughout 2014. Revenue in 2014 was relatively flat, totalling US $88 billion, 2.9 percent

Gunvor Group has divested its stake in MC Kolmar (Kolmar), a coking coal mining and processing company located in the Sakha Republic of the Russian Federation, to a company controlled by Mr. Andrei Bokarev, an investor in coal mining and logistics assets, transportation and industrial processes. Kolmar operates several mines in the East Siberian Chulmakan