Gunvor Rebrands as Centalion and Relocates Headquarters to Singapore

Gunvor Group Ltd has announced its rebranding to Centalion Group Ltd as it plans to move its corporate headquarters from Cyprus to Singapore. This decision follows a vote by the company's employee partnership, signaling an evolution in ownership, leadership, and strategy.

Chairman and CEO Gary Pedersen emphasized that the new name represents the team's unity and position in global energy markets. Centalion aims to strengthen its role as a leading energy and metals trader. The move to Singapore is supported by the region's robust legal and business environment.

The rebranding highlights Centalion's commitment to expanding its energy and metals trading activities. The company also seeks to enhance investments in energy infrastructure worldwide.

The transition to the new identity and location will occur over several months, maintaining existing business relationships and contractual obligations.