We think long-term.
Move globally.
Act locally.
We are a company
powered by purpose.
We are Petredec.
We are LPG.
Petredec is a global leader in the LPG industry, specialising in the sourcing, shipping and distribution of Liquefied Petroleum Gas (LPG). Founded in 1980, we operate one of the world’s largest and youngest VLGC fleets and manage extensive downstream infrastructure, including terminals and distribution networks across Africa, Southern Asia and beyond.
Headquartered in Singapore, we combine global logistics expertise with a commitment to expanding access to clean energy. Our young, entrepreneurial leadership team has attracted some of the most experienced names in the industry and our global teams are diverse, multicultural and committed to serving our clients, every day.
Petredec’s operations can be analysed
across three key dimensions
At its core, Petredec is a leading fully integrated LPG value chain company
Our purpose
LPG is recognised by governments around the world as a low-carbon, low-polluting fuel, contributing to improving air quality and reducing greenhouse gas emissions. Our purpose is to be a driving force for LPG adoption across the globe, making it affordable and accessible and thereby improving the lives of many.
Our ambition
Our ambition is to be the leading LPG supplier and distributor in the world, leveraging our trading expertise, with the safety and environmental efficiency of our fleet, and the continued development of our global supply routes.
Petredec established in London
First vessel purchased
Carib LPG subsidiary formed
Management buyout by Charles Fearn and Chris Steadman
Singapore office opened
Petredec begins trading refrigerated large LPG cargoes
Bahri invests in Petredec
First VLGCs delivered
Petregaz established
New building programme comprising 27 eco-VLGCs and 10 eco handy-size vessels commences
Petredec commissions 15 kt LPG terminal in Port Louis, Mauritius
Petredec commissions 22.6 kt LPG terminal in Richards Bay, South Africa
Eight 22,000 cbm ethylene ships delivered
Petredec commissions 34 kt LPG terminal in Krishnapatnam, India
Six 93,000 cbm dual fuel VLGCs delivered
Two 22,000 cbm ethylene ships delivered
Petredec enters agreement with Transnet Freight Rail to establish a rail freight solution in South Africa
Petredec forms strategic partnership with Bahri to meet Saudi Arabia’s LPG and ammonia shipping demands.
Petredec endorses the Clean Cooking Declaration
Petredec launches 19.4 kt LPG terminal project in Tanga, Tanzania
Two of the world’s most fuel-efficient 24,000 cbm ethylene ships to be delivered in 2026
Our Leadership Team
Giles Fearn
John Papaioannou
Jonathan Fancher
James Parrett
Jean-Marie Lagier
