Gunvor announces rebranding to Centalion and relocation of headquarters
Gunvor Group Ltd has been renamed Centalion Group Ltd following a vote by its partner-owners. The company plans to relocate its headquarters from Cyprus to Singapore, leveraging the country's strong legal framework, financial infrastructure, and international business environment. Gary Pedersen, Chairman & CEO, emphasized that the new name reflects unity and strategic vision as the firm evolves into one of the leading global energy commodity traders. Centalion operates in a wide range of sectors including crude oil, refined products, natural gas, LNG, electricity, battery storage, biofuels, carbon credits, metals, minerals, and maritime transport. The company reported record trading volumes for the first half of 2026 and continues to expand its global presence across six key hubs. The rebranding followed a June-to-July 2026 consultation period with employees and an external market positioning study by Landor. Centalion aims to reinforce its leadership in energy markets while supporting growth in the new energy economy.
