Fortitude Fleet List
Giles Fearn
CEO – Petredec Group
Giles joined Petredec in 1996 as a trader in the London office. Appointed Risk Manager in 1998, he was transferred to the refrigerated trading division covering the North Sea and Mediterranean. Transferring to the Singapore office in the role of Eastern Trading Manager, Giles oversaw the growth of Petredec’s East of Suez trading footprint and was promoted to Global Trading Manager in 2008. He became Group Chief Executive in 2010 and is based in London.
James Bullen
Head of Downstream – Petredec Group
James joined Petredec in 2010 as an LPG trader in Singapore responsible for Petredec’s SE Asia small ship department before focusing on Africa and the Indian Ocean. After transferring to London, James continued to oversee African operations before joining the Investments team in 2018. In addition to a Marketing degree, James holds the Certificate in Global Management from INSEAD and is an Associate of the Energy Institute.
Jonathan Fancher
CEO – Petredec Global
After beginning his career in the energy sector at Apex Oil’s Monaco office in 2006, Jonathan joined Petredec in 2012 as a trader. He served as Eastern Head of Trading for two years prior to becoming Chief Operating Officer in 2018, Chief Commercial Officer in 2020, and CEO of Petredec Global in July 2022.
Jonathan holds an executive MBA from INSEAD University, a BA in Economics from DePauw University, and is currently based in Singapore.
James Parrett
Fortitude Shipping – Chartering Manager
James began his career as a ship broker in 2003 in the LPG and petrochemical divisions at Braemar Seascope and later Clarksons. He then worked at Navigator Gas for 9 years as Head of Chartering, overseeing a growing fleet of 38 vessels trading LPG, petrochemicals and ammonia. James joined Petredec in February 2022, managing and promoting the commercial and chartering aspects of the handysize fleet.
John Papaioannou
CFO – Petredec Group
John began his career in shipping in 2005 and has over 14 years of experience in research, finance and capital markets. Prior to joining Petredec in 2021, he served as the CFO of Okeanis Eco Tankers, a crude tanker owner listed on the Oslo Stock Exchange. He was previously the head of strategy, research and investor relations at BW LPG. John holds a Bachelor’s degree in Finance from Boston University, an M.S.c. in Investment Management from Cass Business School and is a CFA charterholder.
Andy Hoatson
Head of LPG Trading – Petredec Global
After completing a degree in Law, Andy started his career in the LPG industry as a shipbroker with Clarksons in London, transferring to their Singapore office during the latter part of 2012. He joined Petredec Singapore in May 2014 as a trader, focusing on the Middle East and Asian fully refrigerated markets. He was promoted to Head of LPG Trading in 2019.