Alkagesta Joins IBIA, Bolstering Marine Fuels Sector Engagement

Malta-based Alkagesta has announced its corporate membership in the International Bunker Industry Association (IBIA). This development signifies a notable step for the global commodities and energy trading house, underscoring its dedication to the marine fuels sector.

The company stated that joining IBIA reinforces its commitment to the marine fuels market. It also creates new opportunities for Alkagesta to contribute to the evolving landscape of bunkering, logistics, and the energy transition within the industry.

Established in 2018, Alkagesta has grown into a significant commodity trading house. It operates through 17 offices and representations globally, with activities spanning over 42 countries. The firm manages multi-million-tonne flows of petroleum products, fertilisers, and biofuels.

In 2025, Alkagesta commenced the supply of 0.1% ultra-low sulphur fuel oil (ULSFO) across the Central and Eastern Mediterranean market. This initiative aligns with the IMO 2025 Mediterranean regulations. Concurrently, the company secured strategic storage capacities at the Horizon terminal in Singapore, supporting its expansion into Asian markets. A dedicated biofuels trading desk was also opened in Geneva, Switzerland.

Mithat Ciftcioglu, Alkagesta’s Marine Distribution Director, commented that the IBIA membership aligns with the company’s strategic ambitions in the marine space. This is particularly relevant as Alkagesta expands its footprint in the Asia-Pacific region for marine fuels and marine gasoil. He emphasised that it provides a platform to engage with and contribute to a global community of marine energy professionals, regulators, and stakeholders shaping the industry’s future.

As the industry progresses towards biofuels, liquefied natural gas (LNG), and other alternative energy solutions, Alkagesta aims to leverage its expertise. The company intends to contribute its knowledge in structured commodity finance and supply-chain management. This effort seeks to help shape sustainable, efficient fuel distribution and risk-management practices.

Alkagesta views its IBIA membership as more than just an affiliation. It is seen as a platform for shaping the future of marine energy, offering an opportunity to contribute expertise in structured trade and logistics while learning from others committed to innovation and compliance.

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