Petredec is one of the global leaders in the LPG midstream
Our direct involvement in the LPG value chain ends prior to cylinder filling
Key data
VLGCs / 6Y avg. age
Handy-size / 5Y avg. age
LPG import terminals
LPG trucks
Operations in 7 countries
employees worldwide
We source
Petredec sources LPG from major production hubs. Our operations are led by seasoned teams based in Singapore and London, who bring deep market insight, agility and strong relationships to every transaction.
Our experience and expertise allow us to offer bespoke solutions to customers seeking reliability, efficiency and global reach in LPG supply.
We ship
Shipping is at the core of our operations. Petredec Global owns one of the world’s largest and most modern VLGC fleets, comprising 19 vessels with an average age of six years, well below the industry average.
We continue to invest significantly in next-generation ship design, dual-fuel propulsion systems and energy-saving technologies, positioning Petredec as a leader in low-carbon maritime logistics. Many of our newest vessels are equipped to run on LPG, offering immediate emissions reductions over conventional marine fuels. This reflects our long-term commitment to safety, sustainability and continuous fleet modernisation.
Fortitude owns and operates one of the most advanced fleets of ethane/ethylene-capable carriers in the world, supporting the evolving needs of petrochemical producers and traders. In addition to its ethane/ethylene vessels, Fortitude also serves the fast-growing ammonia and LPG trades, aligning with global trends toward decarbonisation and alternative fuels.
Fortitude’s modern ships meet ever-evolving market and logistical demands, including stringent international regulatory and industry requirements. The fleet is not only safer, but more reliable, versatile, profitable and fundamentally, environmentally friendly compared to their ageing peers. This reflects our commitment to reducing carbon emissions.
We distribute
Petregaz is focused on developing its onshore infrastructure network to unlock reliable and cost-effective access to this cleaner energy source.
This includes the 22.5 kt Richards Bay terminal in South Africa, launched in 2020 in partnership with Bidvest Tank Terminals and the 34 kt Krishnapatnam terminal in India, which began operations in 2024. With Tanga, Tanzania set to follow as well as further projects underway in other high-growth markets.
Supporting downstream logistics, Petregaz also operates a fleet of road tankers delivering LPG throughout Southern Africa.
