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Category Gunvor Group
Gunvor usa successfully closes usd 1.1 billion borrowing base
HOUSTON (6 November 2019) – Gunvor USA LLC, a subsidiary of Gunvor Group, has successfully closed the syndication of its USD 1.1 billion Borrowing Base Credit Facility. Gunvor USA increased the size of the Facility by USD 100 million while…
GasLog Partners LP Announces New Multi-Year Charter Agreement with Gunvor
GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today that one of its subsidiaries has entered into a three-and-a-half-year charter for the GasLog Shanghai with Clearlake Shipping Pte Ltd, a subsidiary of Gunvor Group Ltd (“Gunvor”). The…
Commonwealth LNG and Gunvor Singapore Pte Ltd Sign Heads of Agreement Principal Terms for 1.5 Mtpa of LNG Offtake for 15-year term
Commonwealth Projects, LLC and Gunvor Group Ltd announce that their respective subsidiaries, Commonwealth LNG, LLC and Gunvor Singapore Pte Ltd, have signed a heads of agreement (HOA). The HOA anticipates the negotiation and finalization of a definitive 15-year liquefied natural…
Gunvor usa closes us $1 billion credit facility
Gunvor USA LLC (“Gunvor USA”), a subsidiary of Gunvor Group, has successfully closed the syndication of a US $1 billion Borrowing Base Credit Facility (“facility”), which will support operations in the United States and Canada, as well as planned expansion…
Gunvor moves to integrate un human rights principles
Energy trader completes human rights review by management consultant twentyfifty Gunvor Group, one of the largest global physical energy commodities traders, has completed a human rights review with respected human rights and management consultant twentyfifty in order to establish a…
Gunvor successfully closes us $1.68 billion revolving credit facility
Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $1.68 billion Revolving Credit Facility (“Facility”) in favour of Gunvor International B.V. and Gunvor SA. The Facility, which saw a 20% increase, will replace the maturing Tranche A of…
Gunvor appoints muriel schwab as group chief financial officer
Gunvor Group, one of the largest physical energy commodities trading houses in the world, has appointed Muriel Schwab to be Group Chief Financial Officer (CFO). Muriel will be located at Gunvor’s offices in Geneva and serve on the Executive Committee.…
Gunvor closes innovative us $745 million facility linked to sustainability targets
Related savings will go to support new Gunvor Foundation Gunvor Group (“Gunvor”) has closed an innovative US $745 million secured borrowing base facility (“Facility”) that includes performance commitments related to Gunvor’s sustainability targets. Gunvor is the first energy commodities trading…
Gunvor forms new ship holding jv clearocean tankers
ClearOcean Tankers has ordered 6 eco-friendly, scrubber-ready tankers Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas Capital to form ClearOcean Tankers, a new ship…
Gunvor joins eiti transparency initiative
Gunvor Group, one of the largest physical commodities trading companies in the world, announces its support of the Extractive Industries Transparency Initiative (EITI), the global standard for improving transparency of revenues from natural resources. “Gunvor’s support for the EITI reflects…