Logistics

Gunvor has invested in logistics and midstream assetsMidstream assets refer to the infrastructure and facilities that play a critical role in the transportation, storage, and processing of oil, natural gas, and other energy products. These assets serve... that strategically complement its daily trading activity. These assets enable Gunvor to enhance the management of the sourcing and distribution components of the Group’s trading platform, diversify its income streams and strengthen its competitive position.

Shipping

Gunvor has ready access to a large fleet of more than 100 time-charter vessels**Time-Charter Vessels** In the energy commodities trading sector, time-charter vessels refer to a method of chartering ships where the shipowner leases the vessel to a charterer for a specified period.... and has made strategic investments into vessels as a joint-venture partner with well-established ship owners. Its shipping activities give Gunvor important market data and provide for seamless access to shipping capacity.

Pipelines

Investments in pipeline assets provide us with the logistical flexibility to efficiently place different crude oilCrude oil refers to unrefined petroleum that is found with the Earth’s crust. grades into various markets, enabling us to quickly take advantage of arbitrageArbitrage refers to the practice of taking advantage of price differences between two or more markets or exchanges in order to generate profits. It involves buying an asset at a... opportunities.

Refineries

Investments in crude oil, oil products**Oil Products** Oil products, also known as petroleum products, are the end products derived from the processing of crude oil in oil refineries. Crude oil is a fossil fuel that... and biofuel plantsBiofuel Plants Biofuel plants refer to the facilities where various types of biofuels are produced. Biofuels are renewable energy sources derived from biological materials such as crops, waste plant materials,... complement Gunvor’s physical trading activity, with the Group’s two biofuel plants supporting its expansion into energy transitionEnergy Transition refers to the global shift from reliance on fossil fuels such as coal, oil, and natural gas towards more sustainable and renewable energy sources like solar, wind, hydroelectric,... technologies.

Terminals

Terminals are a highly complementary asset investment for our trading activities. They secure access to physical import and/or export flows and so enhance our trading positions

Storage

Investments in storage facilities for crude oil and products are an important logistical aspect of generating value around various arbitrage opportunities relating time, distance and specifications.

As a part of Gunvor’s efforts to support the Energy Transition, the company has committed to improve the environmental impact of its current trading portfolio and to invest in new sustainable commodities and businesses.

Gunvor’s activities along the energy supply chain, and its physical presence throughout the world, provide valuable and detailed insights into the nature of the marketplace locally, regionally and globally. Such information supports the Group’s ability to identify and capture trading opportunities and enhances its profitability.

An important aspect of Gunvor’s logistical resources is Clearlake Shipping, a wholly-owned entity and one of the largest charterers of tanker vesselsTanker vessels, also commonly referred to as tankers, are large ships designed to transport vast quantities of liquids or gases in bulk. Predominantly, these vessels are used for carrying petroleum... in the world. Clearlake Shipping operates around a fleet of high-quality tankers, gas carriersGas carriers are specialized ships designed for the transportation of natural gas in its liquefied (LNG) or compressed (CNG) state. They are essential to the global energy supply chain, bridging... and dry-bulk vesselsDry-bulk vessels are large ships specially designed to transport unpackaged bulk cargo, such as grains, coal, ore, steel coils, and cement, in its cargo holds. Unlike tankers that carry liquid... to accommodate our needs and also those of third-party customers.

Integration of these assets allow Gunvor to:

Diversify its operations and create additional sources of income
Improve access to long-term supply and throughput of key products for trading activities
Provide greater control over physical products flows that help to protect against supply risk
Benefit from synergiesSynergies refer to the combined effect achieved by multiple elements, such as companies, systems, or processes, working together that is greater than the sum of their individual effects. In the... and economies of scaleEconomies of scale refer to the cost advantage that arises with increased output of a product. Essentially, as companies grow and the scale of their operations expands, they can usually... that allow it to capture additional margin along the value chain
Obtain greater access to valuable market intelligence (on commodity flows and market participants