Alkagesta IBIA membership supports expansion in marine fuels

Alkagesta IBIA membership has added the Malta-based commodity and energy trader to the International Bunker Industry Association’s corporate ranks. Announcing the move on 14 November, Alkagesta said participation in the organisation would support its involvement in marine fuels, bunkering logistics and the energy transition.

The company was established in 2018 and now has 17 offices and representative locations worldwide. It is active in more than 42 countries and manages multi-million-tonne flows spanning petroleum products, fertilisers and biofuels. Alkagesta views IBIA as a channel through which it can exchange knowledge with marine-energy companies, regulators and other stakeholders while contributing its own trading and logistics experience.

Marine fuel supply and Asian expansion

During 2025, Alkagesta began supplying 0.1% ultra-low sulphur fuel oil in the Central and Eastern Mediterranean. The initiative was aligned with the IMO’s 2025 requirements for the Mediterranean and broadened the trader’s participation in the region’s marine fuel market.

The business has also secured storage capacity at the Horizon terminal in Singapore as part of its entry into Asian markets. Alkagesta said its plans include a larger Asia-Pacific presence in marine fuels and marine gasoil. The IBIA relationship is intended to complement that strategy by connecting the company with the international network involved in bunker supply, regulation and related services.

Biofuels and supply-chain capabilities

Alongside its conventional petroleum activities, Alkagesta has established a dedicated biofuels trading desk in Geneva. The company identified biofuels, LNG and other alternative energy options as increasingly important areas for shipping, and said it intends to apply its capabilities in structured commodity finance and supply-chain management to marine energy distribution and risk management.

Marine Distribution Director Mithat Ciftcioglu described IBIA as a forum in which Alkagesta can contribute knowledge of structured trade and logistics while drawing on the experience of other participants focused on innovation and regulatory compliance. The membership brings together the trader’s Mediterranean ULSFO supply activity, Singapore storage position and Geneva biofuels operation within its wider marine-sector development plans.