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EMPLOYEE PROFILE: Captain Mani’s first command

As the Category 3 hurricane—with winds up to 115 miles an hour (185 km/h)—bore down on the Motor Tanker Eagle Subaru, Captain Siva Mani Raaj had to make a decision: go out to high seas or go up the Mississippi River to the discharge port at Baton Rouge.  The rapidly strengthening storm, which had been […] Read More

EMPLOYEE PROFILE: Mase Tsegay

INGOLSTADT, 2018 When next you visit Bavaria, keep an eye out for a heating oil truck rolling across the landscape emblazoned with Gunvor’s logo. It very likely will be driven by a courageous Eritrean refugee named Masebela Tsegay. Masebela, or Mase as his friends and colleagues call him, is undertaking a 3-year apprenticeship in Gunvor’s […] Read More

Diversity

As the commodities industry grows and competition ever increases, all companies look for an edge. At Gunvor, we believe this comes from diversity and inclusivity. Many studies have demonstrated that companies with a diverse decision-making base are more successful and use this advantage to spark innovation and create more ways of sustaining a competitive advantage. […] Read More

Modern Slavery Policy 2024

The United Nations define modern slavery as encompassing practices such as forced labour, debt bondage, forced marriage and human trafficking. It refers to situations of exploitation where a person cannot leave because of threats, violence, coercion, deception and/or abuse of power. According to the ILO, this concerns 50 million people worldwide. Gunvor has a zero-tolerance […] Read More

WHAT’S IN A NAME: Gunvor

One of the most common questions that employees get about our company is in reference to the name Gunvor: Where did it come from? Gunvor is actually a feminine name common in Sweden, Norway and Denmark. It derives from the Old Norse name Gunnvör meaning “cautious in war” (gunnr or “war” is combined with vor […] Read More

DID YOU KNOW? Estonia

Our first office was in Tallinn, Estonia, where we still have a sizeable operation that is home to Gunvor Services AS (recently renamed from AS Tarcona). The office provides a full suite of capabilities for the Group, including logistics, operations, shipping operations, accounting, compliance, and IT functions. More than 15 years ago, Tallinn was a […] Read More

A Global Business

Use the filter for more information on locations Investments Moving Energy Gunvor moves physical energy from where it is sourced and stored to where it is demanded most. Latest Media Read More

Privacy Policy

The collection and processing of personal data by Gunvor Group Ltd is in full compliance with the EU General Data Protection Regulations 2016/679 and other applicable privacy laws. Read More

Thierry Jacot, Global Head of Risk, Switzerland – 1984 Summer Olympics

Los Angeles, United States – Swimming: 200m and 4 x 100m freestyle When I started swimming at 8 years old, it clearly wasn’t planned. It happened naturally. You win a few youngsters’ local competitions, then the Switzerland “French speaking region” championship, then the Swiss championships, then you get more hungry for victory, and so on, […] Read More

Preparing Remediation after Refinery Shutdown

Gunvor ceased refining operations in Antwerp amidst the COVID-19 crisis and, as mentioned in a previous issue of the report, operated the Antwerp site since then as a tank storage location. The site was fully shutdown on 31 December 2022 and is being prepared for its next life. An important element of the preparation is […] Read More
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Compliance with Sanctions

Ensuring adherence to sanction requirements is a crucial pillar of the broader compliance culture of Gunvor. As a significant participant in the global commodities markets, Gunvor takes its sanctions obligations responsibly. Modern sanction restrictive measures are varied in scope and applicability, however, commonly designed to support foreign policy and national security objectives of the implementing […] Read More

Preparation of a Turn Around (TA)

A Turn Around (TA) is a crucial part of the life of a refinery, as the whole plant is shut down and major improvements are installed, setting up the asset for more efficient activities for the next six years. From an HSEC point of view, it presents many opportunities, as the new equipment and improved […] Read More

Locations

Gunvor Group employs approximately 1,700 people throughout the world, consisting of about 850 experienced professionals in our offices and about 850 specialists in various logistical facilities and assets. We have more than 20 offices, with new locations opening each year. Since 2018, Gunvor has opened new offices in Turkey, Oman, the UAE, the United Kingdom, […] Read More

Flexibility

Gunvor maintains a flexible working environment. Having a balanced work-life schedule enables our colleagues to optimize their schedules and increase business performance. All approaches are undertaken in line with local and regional government guidelines and business and operational requirements. Gunvor further maintains the highest information security protocols to ensure all work can be done securely. […] Read More
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Working with Academia on Data-driven Communication

A joint research project between the Gunvor Group, Equintel GmbH, and the Institute of Financial Services Zug IFZ of the University of Applied Sciences and Arts Lucerne ABOUT EQUINTEL Founded in 2020 in Berlin, Equintel uses Big Data and artificial intelligence (AI) to provide ESG assessments. The primary goal is to achieve transparency and objectivity […] Read More