Marine Fuel & Bunkering
Alkagesta Joins International Bunker Industry Association as Corporate Member
Malta-headquartered trading firm expands industry alignment following recent operational developments across the Mediterranean, Geneva, and Singapore.

Malta-based commodity trading and bunker firm Alkagesta has officially joined the International Bunker Industry Association as a corporate member. The company confirmed the development through an emailed statement, emphasizing that taking up membership with the industry body reinforces its ongoing commitment to the bunker market, according to reporting by Ship & Bunker.
The move follows a series of strategic operational developments undertaken by the firm in 2025. Specifically, Alkagesta previously announced plans to supply ultra-low sulphur fuel oil across the Central and Eastern Mediterranean region. This supply footprint was formulated directly in response to the introduction of an emission control area across the Mediterranean basin.
Alongside its Mediterranean fuel supply initiatives, the trading firm has also broadened its international footprint and trading capability in alternative marine energy. According to the company statement reported by Ship & Bunker, Alkagesta opened a dedicated biofuel trading desk in Geneva and secured strategic storage capacities at the Horizon terminal in Singapore to support its global trading activities.
Commenting on the corporate membership, Mithat Ciftcioglu, marine distribution director at Alkagesta, highlighted the role of the association in the evolving sector. “IBIA is more than a membership — it’s a platform for shaping the future of marine energy,” Ciftcioglu said. “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.”
Source & editorial provenance
- Original source
- Ship & BunkerView source
- Source published
- 14 Nov 2025, 00:00 UTC
- Retrieved
- 03 Sept 2026, 11:26 UTC
- Editorial status
- review · editor pending
- Ship & Bunker — Malta-based Alkagesta becomes corporate member of IBIAhttps://shipandbunker.com/news/world/754658-alkagesta-joins-ibia-as-corporate-member
This article was drafted with AI assistance from the source material above, checked against the source for factual consistency and reviewed before publication. It is an independent editorial summary, not a reproduction of the source text.
Market context
Indicative levels, not a price assessment.
No market data source is currently connected. Configure a provider in the admin market data screen to display indicative levels.
More from this author
Crude Coast Desk
The Crude Coast Energy market desk compiles indicative price and market commentary from disclosed public sources.
All articles by Crude Coast DeskNewsletter
Crude Coast Energy — Market & Price Briefing
A concise daily read on crude, refined products, freight and energy trade — with every figure sourced and timestamped.