• Established as a joint venture between Petrolane (USA) and Redec (Saudi Arabia) - Charles Fearn was Petredec's first Managing Director and was based in London

    1981
    Gas trading activities expanded in London
  • Gas trading activities expanded in London and Petredec time-chartered its first pressurised gas carrier

    1987
    Newmarket was purchased
  • Purchased its first vessel – 'Newmarket'

    1991
    Opened the office in Barbados
  • Established our joint venture Caribgas Inc. and opened the office in Barbados

    1993
    Gained full control through a management buyout
  • Charles Fearn and Chris Stedman gained full control through a management buyout

    1995
    Petredec Singapore was established
  • Established the Singapore office

    1999
    Entered the fully refrigerated trading market
  • Entered the fully refrigerated "big ship" LPG trading market

    2005
    National Shipping Company of Saudi Arabia became a stakeholder
  • National Shipping Company of Saudi Arabia acquired a 30.3% stake in Petredec

    2005
    Petredec Monaco was establised
  • Monaco office was established and a dedicated west of Suez trading team was formed

    2008
    Entered the downstream LPG business
  • Entered the downstream LPG business by acquiring the assets of Chevron in Reunion

    2008
    Delivered volume reached 12 million tonnes globally
  • Delivered volume reached 12 million tonnes globally

    2008/09
    Took delivery of our first major newbuilding programme
  • Took delivery of our first major newbuilding programme, encompassing 2 VLGCs and 4 handysize gas carriers

    2010
    Giles Fearn was appointed Group Chief Executive
  • Giles Fearn was appointed Group Chief Executive

    2010
    Launched the "Petregaz" brand at retail level
  • Launched the "Petregaz" brand at retail level

    2013/14
    Placed orders for 12 VLGCs in Korea
  • Placed orders for 12 VLGCs in Korea, 4 pressurised vessels in Japan and 4 Ethylene carriers in China, all for delivery in 2015/2016

    2014
    Commenced operations at the regional storage hub in Mauritius
  • Commenced operations at the regional storage hub in Mauritius. With a total capacity of 15,000 metric tonnes, this is the largest land-based LPG storage facility in the Sub-Saharan Africa

    2015
    Order New Vessels
  • Further orders in Korea & China for 2 VLGS & 2 Semi-Ref Vessels which will be delivered by 2017

    2016
    London Office
  • Petredec relocates its European HQ back to the heart of London

    Petredec (Europe) Limited
    The Leadenhall Building
    Level 35
    London
    EC3V 4AB
    2016
    New Trading Desks
  • Launch of Naphtha & Petrochemical Trading Desks