Singapore — November 2025.

Alkagesta has become a corporate member of the International Bunker Industry Association (IBIA) – marking an important milestone in its journey as a global commodities and energy trading house. This membership reinforces the company’s commitment to the marine fuels sector and opens new avenues to contribute meaningfully to the evolving landscape of bunkering, logistics, and energy transition.

Founded in Malta in 2018, Alkagesta has evolved consistently into an avant-garde commodity trading house operating across 17 offices and representations worldwide, active in over 42 countries, and managing multi-million-tonne flows of petroleum products, fertilizers, and biofuels. Through an integrated network of sourcing, logistics, storage, and trade finance, the company has built a reputation for agility and global reach — underpinned by robust corporate governance and disciplined risk-management frameworks.

In 2025, Alkagesta initiated the supply of 0.1% ultra-low sulfur fuel oil (ULSFO) across the Central and Eastern Mediterranean market, in alignment with IMO 2025 Mediterranean regulations. The company also secured strategic storage capacities at the Horizon terminal in Singapore, supporting its expansion into Asian markets. It also opened a dedicated biofuels trading desk in Geneva, Switzerland, to support low-carbon energy initiatives.

Joining IBIA aligns with Alkagesta’s strategic ambitions in the marine space, particularly as the company expands its footprint in the APAC region for marine fuels and marine gasoil. More importantly, it provides a platform to engage with and contribute to a global community of marine-energy professionals, regulators, and stakeholders who are actively shaping the future of the industry.

Alkagesta aims to play an active role within IBIA’s working groups and forums — sharing insights from its trading, storage, and logistics experience to support discussions on regulatory developments, fuel quality standards, and the transition toward low-carbon marine fuels. Through participation in IBIA’s regional and global platforms, the company intends to engage constructively with regulators and industry peers, helping to bridge perspectives between traders, suppliers, and end-users — fostering transparency and practical implementation of IMO and environmental standards.

As the industry moves toward biofuels, LNG, and alternative energy solutions, Alkagesta seeks to contribute its expertise in structured commodity finance and supply-chain management to help shape sustainable, efficient fuel distribution and risk-management practices.

“IBIA is more than a membership — it’s a platform for shaping the future of marine energy,” said Mithat Ciftcioglu, Alkagesta’ s Marine Distribution Director. “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.”

As a newly-minted corporate member, Alkagesta will actively participate in IBIA’s events, training initiatives, and collaborative projects. The company looks forward to attending the IBIA Annual Convention 2025 in Hong Kong, a flagship event that gathers industry leaders to exchange perspectives on regulation, market trends, and innovation.

This membership reflects not only where Alkagesta stands today but also where it is heading — deeper into the marine fuels ecosystem, contributing to dialogue on sustainability, and supporting the integrity and growth of global bunkering and marine-energy trade.

For customers, partners, and stakeholders, this represents Alkagesta’s continued commitment to leadership through engagement — anticipating market shifts, contributing to industry standards, and delivering value in an era where transparency and environmental performance are paramount.

In sum, joining IBIA is not merely an affiliation — it is a strategic partnership. It reinforces Alkagesta’s global outlook, strengthens its role in shaping the marine-energy future, and reaffirms its aspiration to lead through collaboration, innovation, and responsible growth.

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. Alkagesta maintains partnerships with 28 international banks and conducts trading activities across 42 countries, facilitating over 7 million metric tons of commodity flows annually. Its extensive logistics network includes access to more than 700,000 cubic meters of storage capacity across Europe and Asia, supporting efficient and resilient global supply chains.

In addition to its core activities, Alkagesta selectively engages in spot trading of petrochemicals, agricultural commodities, and metals. The company offers fully integrated trading capabilities—from sourcing and storage to delivery—underpinned by robust risk management, compliance, and governance frameworks.

Alkagesta was founded in 2018 by its management team and remains privately held and governed by senior leadership. Senior leadership, including the founding team, already holds a significant equity stake in the company, which continues to grow in alignment with performance and strategic contribution. Today, the Group employs over 150 professionals and is built on tested systems, experienced governance, and a culture of continuous development. This evolving ownership structure reflects Alkagesta’ s founding principles—ensuring long-term alignment, operational discipline, and institutional resilience.

Media Contact:
[email protected]
www.alkagesta.com

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