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The Future

Despite the delays in the arrival of the new fully refrigerated exports associated with the expansion of LNG production Petredec is in a strong trading and shipping position to be able to offer flexible solutions to both exporter, importer and ship-owner as the volumes start to appear.

Petredec is committed to increasing its fleet, in both size and type, into the future. Very Large Gas Carriers (VLGC) will form an integral part of the company's operations and provide an increasingly flexible approach to the LPG industry.

We have seen Petredec consolidate its position as the leading trading company in the Far East over the last couple of years. In addition, new outlets have been secured in Indonesia, Australia and the Indian Ocean. When coupled with a growing trading network in WC Africa, The Americas and Europe, Petredec can confidently claim to be the largest, truly global trading company.

In addition to LPG, the transportation of chemical/olefinic gases will form an integral part of the expanding chemical business and the Petredec fleet has the flexibility to offer shipping services to many parts of the petrochemical industry.