Singapore | November 13, 2025 – Alkagesta, a global commodity trading company, has proudly announced its official corporate membership in the International Bunker Industry Association (IBIA). This strategic affiliation marks a significant milestone, underscoring the company’s deep commitment to the marine fuels sector and positioning it to actively contribute to the dynamic landscape of bunkering, logistics, and the global energy transition.
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A Global Commodities Trading Powerhouse
Founded in Malta in 2018, Alkagesta has consistently grown into an avant-garde commodity trading company, driven by hard work, long-term vision, and the dedication of a committed global team. It now operates across 17 offices and representations worldwide, is active in over 42 countries, and manages multi-million-tonne flows of petroleum products, fertilizers, and biofuels annually.
The company has built its reputation on agility and global reach, supported by an integrated network spanning sourcing, logistics, storage, and trade finance. This growth is strictly underpinned by robust corporate governance and disciplined risk-management frameworks, ensuring operational integrity across its activities.
Key Marine Fuel & Biofuel Initiatives in 2025
The move to join IBIA follows several key operational expansions by Alkagesta in 2025 that highlight its focus on the marine sector:
- Mediterranean Compliance: Alkagesta initiated the supply of 0.1% ultra-low sulfur fuel oil (ULSFO) across the Central and Eastern Mediterranean market, proactively aligning with the upcoming IMO 2025 Mediterranean regulations.
- APAC Expansion: The firm secured strategic storage capacities at the Horizon terminal in Singapore, significantly supporting its expansion into the vital Asian marine fuels markets.
- Low-Carbon Focus: A dedicated biofuels trading desk was opened in Geneva, Switzerland, to further support and drive low-carbon energy initiatives within its supply chain.
Alignment with Strategic Ambitions
Joining IBIA is a crucial element of Alkagesta’s strategic ambitions, particularly as the company deepens its presence in the APAC region for marine fuels and marine gasoil.
More critically, the membership provides an essential platform for Alkagesta to engage with and contribute to a global community of marine-energy professionals, regulators, and stakeholders who are actively shaping the future direction of the industry.
Alkagesta intends to play an active role within IBIA’s working groups and forums, leveraging its extensive experience across trading, storage, and logistics to:
- Support discussions on crucial regulatory developments and fuel quality standards.
- Contribute expertise to the transition toward low-carbon marine fuels.
- Help bridge perspectives between traders, suppliers, and end-users, fostering transparency and the practical implementation of IMO and environmental standards.
As the industry pivots toward alternative solutions like biofuels, LNG, and other low-carbon energy sources, Alkagesta seeks to apply its expertise in structured commodity finance and supply-chain management to help establish sustainable and efficient fuel distribution and robust risk-management practices.
Mithat Ciftcioglu, Alkagesta’s Marine Distribution Director, emphasized the significance of the membership:
“IBIA is more than a membership — it’s a platform for shaping the future of marine energy. We see this as an opportunity to contribute our expertise in structured trade and logistics, while learning from others who are equally committed to innovation and compliance.”
Future Engagement
As a newly-minted corporate member, Alkagesta is committed to actively participating in IBIA’s events, training initiatives, and collaborative projects. The company has confirmed its attendance at the IBIA Annual Convention 2025 in Hong Kong, a flagship event for industry leaders to exchange perspectives on regulation, market trends, and innovation.
For customers, partners, and stakeholders, this membership reinforces Alkagesta’s commitment to leadership through active engagement, anticipating market shifts, contributing to industry standards, and delivering value in an era where transparency and environmental performance are paramount.
In summary, Alkagesta’s corporate membership with IBIA is a strategic partnership that reinforces its global outlook, strengthens its role in shaping the marine-energy future, and reaffirms its aspiration to lead through collaboration, innovation, and responsible growth.
About The International Bunker Industry Association – IBIA
The International Bunker Industry Association (IBIA) is the authoritative voice of the global bunker industry, representing all sectors and stakeholders across the marine fuels value chain.
- Founded: 1993
- Membership: Shipowners, charterers, bunker suppliers, traders, brokers, ports, regulators, service providers, and marine energy industry stakeholders worldwide.
- Mission & Role:
- Foster collaboration and professionalism across the industry
- Promote education and best practices
- Uphold high standards of conduct
- Provide a platform for discussion, guidance, and advocacy
- Engagement: Actively participates with other industry bodies, national and international policymakers, and legislators, including the International Maritime Organization (IMO), where IBIA holds consultative NGO status
- Global Forum: Offers a comprehensive platform to address challenges and opportunities in the bunker industry, ensuring the industry’s voice influences the future of marine fuels and maritime regulation
- Offices: UK, South Africa, Singapore
About Alkagesta
Alkagesta is a global commodity trading house specializing in petroleum products, fertilizers, and biofuels. Established in Malta in 2018, the company operates as a multinational enterprise with 17 offices and representations worldwide.
The firm facilitates over 7 million metric tons of commodity flows annually, maintaining partnerships with 28 international banks and conducting trading activities across 42 countries. Its extensive logistics network includes access to more than 700,000 cubic meters of storage capacity across Europe and Asia.
Alkagesta offers fully integrated trading capabilities—from sourcing and storage to delivery—underpinned by robust risk management, compliance, and governance frameworks. The company is privately held and governed by its senior leadership, employing over 150 professionals globally.
Source: Alkagesta