Petredec announces new subsidiary – Fortitude Shipping
Petredec is pleased to announce the formation of a new company within the Group, Fortitude Shipping Ltd, based in London, UK.
read moreFor all news and press enquiries please contact mediauk@petredec.com
Petredec is pleased to announce the formation of a new company within the Group, Fortitude Shipping Ltd, based in London, UK.
read morePetredec today completed the acquisition of NGC Energy India Private Limited, the former Joint Venture in which Petredec was a minority shareholder with National Gas Company (SAOG) Oman. In closing…
read moreThe Petredec Group is pleased to announce the formation of Petredec Global, comprising Petredec’s trading platform as well as our modern fleet of 27 VLGCs. Petredec Global is exploring the possibilities of a public listing and would be the world’s first fully integrated VLGC shipping and trading company listed on a stock exchange.
read morePetredec today confirms that following the announcement made to the Oman Stock Exchange by National Gas Company (SAOG) Oman, it intends to acquire NGC’s entire interest in the two companies’ Indian Joint Venture which has focused on the development of a 34,000mts LPG import terminal in Krishnapatnam, Andhra Pradesh.
read morePetredec, one of the world’s leading Liquefied Petroleum Gas (LPG) trading and shipping companies, continues its programme of onshore investments in South Africa with the acquisition of Vryheid Petroleum which joined its Petrefuel division at the end of 2021.
read morePetredec holdings have exercised the option to construct an additional three 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard. This follows on from an announcement in early November 2020 for an initial order of three vessels.
read morePetredec is pleased to announce it has completed the acquisition of Quest Petroleum, a leading fuels distributor in the Eastern Cape, which will now become part of the Petrefuel Business Division in South Africa.
read moreHaving supported the WLPGA and its work over several years as a member, Petredec, one of the World’s leading LPG Trading and shipping companies, is pleased to have been invited to join the association’s prestigious Industry Council (IC).
read moreWe are proud to announce Petredec are a signatory of the Neptune Declaration on Seafarer Wellbeing and Crew Change. Join us in our support of the world’s seafarers.
read morePetredec Holdings has announced that they have signed a contract for the construction of up to six 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard
read moreNGC Energy India, a joint venture between Oman-based National Gas Company and Singapore-headquartered Petredec, will jointly set up a liquified petroleum gas import and storage terminal at Krishnapatnam Port
read moreEnergy distributor Petredec has acquired the wholesale and logistics divisions of independent Shell-branded fuels and lubricants distributor Oilco, which is based in KwaZulu-Natal.
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