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Petredec Holdings Pte. Ltd. (“Petredec”) today announces the sale of its 60 per cent stake in Carib LPG Holdings Ltd. (“Carib LPG”), a leading LPG logistics and trading company incorporated…
read morePetredec, a leading LPG value chain company, and South Africa’s state-owned logistics infrastructure company, Transnet today announced a groundbreaking rail freight solution that is set to transform LPG distribution in…
read moreSingapore - The urgent need for clean cooking solutions in Africa is undeniable. With 2.3 billion people worldwide still reliant on polluting fuels like wood and charcoal to cook their…
read morePetregaz India, a subsidiary of Petredec Group, is pleased to announce the inauguration of its new LPG Import and Storage Terminal at Krishnapatnam, Andhra Pradesh, India. The newly commissioned facility…
read morePetredec Pte Ltd (“Petredec”) is pleased to announce that its wholly owned subsidiary Fortitude Shipping Pte Ltd (“Fortitude”) is expanding its fleet with the addition of up to four ethane/ethylene-capable…
read morePetredec Pte. Ltd. (the “Company”) announces a change in its ownership structure. Petredec Group Limited (“PGL”, formerly Haydock Holdings Limited) is a holding company incorporated and registered in the British…
read morePetredec Divests Reunion business to Vivo Energy Reunion Petredec Onshore, a subsidiary of Petredec Group, has concluded the sale of Petredec Reunion SAS to Vivo Energy Reunion, along with its…
read morePetredec Global Pte Ltd (“Petredec Global”) is pleased to announce that it has secured a USD 315 million loan from a syndicate of international banks to finance six 93,000 cbm…
read morePetregaz, a subsidiary of the Petredec Group, has concluded an agreement to acquire the 35 LPG trucks and tankers from OneLogix. The OneLogix Group will retain its other assets and…
read morePetredec 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).
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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.
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.
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 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 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.
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.
