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Petredec first entered the refrigerated trading market in 1999 , mainly focusing in developing long
term relationships with Japanese and Korean importers.
At the same time the company developed a solid reliable supply base with some major Middle East producers
allowing Petredec to offer to their customers a flexible supply package based around shipping and ratio
flexibility.
Over the next few years Petredec refrigerated group grew into one of the worlds largest LPG traders and
logistical provider’s.
As the LPG market expanded with new production, especially in the Western Hemisphere, Petredec moved
into the West refrigerated market trading and chartering via the Monaco office. This allowed the company
to build upon existing relationships with Western Hemisphere companies in order to develop Petredec into
a global trading and shipping company.
In 2007 Petredec purchased its first VLGC , Maori Venture ( ex Hourai Maru ), which then was followed by
new buildings VLGC’s from HHI ( Korea) along with four other new mid size LPG vessels (22,000 cbm).
Petredec has continued to expand and is now one of the worlds largest LPG product trading and shipping
companies in the world. We offer to our customers and suppliers a flexible all inclusive trading service
provider package allowing them to focus on developing and expanding their domestic LPG market, whilst having
the comfort to know that Petredec is behind them to ensure a smooth off-take and supply package.
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