Glencore Shipping Limited

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Glencore Shipping Limited - overview

Established

2007

Location

London, -, UK

Primary Industry

Business Support Services

About

Glencore Shipping Limited is a global leader in commodity production and trading, focusing on the extraction and distribution of essential metals and energy products vital for sustainable industries. Glencore Shipping Limited, founded in 2007, operates in the commodity sector, specializing in the trading and transportation of metals and minerals. Headquartered in Baar, Switzerland, the company has established a robust operational network across Europe, North America, South America, and Asia. The founder, Ivan Glasenberg, has a history in commodity trading, previously holding leadership positions at Glencore, which has undergone significant expansions in its trading operations since its inception.


Glencore is a leading global commodity producer and trader, specializing in the extraction, marketing, and distribution of a diverse range of metals and minerals, as well as energy products. Its core product offerings include copper, cobalt, nickel, and zinc, alongside ferroalloys and various other transition metals essential for industries focused on sustainability and low-carbon innovations. These products play a critical role in numerous applications, from renewable energy technologies to electric vehicle manufacturing, thereby addressing the global demand for materials that facilitate the transition to a low-carbon economy. Geographically, Glencore’s products are marketed across several key markets, including Europe, North America, South America, and Asia, where it serves a diverse client base that includes manufacturers, industrial conglomerates, and energy companies committed to sustainable practices.


Glencore generates revenue through a multifaceted transactional structure that includes B2B sales and partnerships with various industries. The company's transactions typically involve direct sales to large-scale industrial clients and partnerships with end-users across multiple sectors, allowing for tailored solutions that meet specific requirements. Revenue is derived from the sale of its flagship products, including copper and cobalt, which are critical for battery production and renewable energy systems. Pricing structures for these commodities are influenced by market demand, with sales agreements typically negotiated to reflect current market conditions.


This strategic approach enables Glencore to maintain strong relationships with clients while ensuring a steady flow of revenue from its diverse portfolio of products and services.


Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.glencore.com

Total Amount Raised

Subscriber access only

Glencore Shipping Limited - timeline of key events

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Glencore Shipping Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)27,651,69927,828,741.7---
% Revenue Growth (YoY)-0.6%---
EBITDA (USD)240,443286,399.7---
Operating Income (USD)240,443286,399.7---
Operating Margin0.9%1.0%---
% EBITDA Margin0.9%1.0%---
NET Income (USD)194,933.3231,882---
% Net Margin0.7%0.8%---

Glencore Shipping Limited - employee data

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