Malta-based Alkagesta becomes corporate member of IBIA

Malta-based Alkagesta on Thursday (14 November) said it 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. 

The company said the 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 2018, Alkagesta has evolved into a commodity trading house operating across 17 offices and representations worldwide, active in over 42 countries, and managing multi-million-tonne flows of petroleum products, fertilisers, and biofuels. 

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.

“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,” the company said in a statement. 

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.”

Photo credit: Alkagesta
Published: 14 November, 2025