Alkagesta Joins IBIA, Signalling Commitment to Bunker Sector
Malta-based commodity trading and bunker firm Alkagesta has become a corporate member of the International Bunker Industry Association (IBIA), reinforcing its strategic focus on the marine energy market.
Malta-headquartered commodity trading and bunker firm Alkagesta has formally joined the International Bunker Industry Association (IBIA) as a corporate member, as reported by Manifold Times on 14th November 2025, and Ship & Bunker on 13th November 2025.
This membership highlights the company's dedicated involvement in the bunker market, a commitment that Alkagesta confirmed in an emailed statement, according to Ship & Bunker.
The firm's marine distribution director, Mithat Ciftcioglu, remarked on the significance of the move, as conveyed by Ship & Bunker. Ciftcioglu stated that IBIA represents more than a mere membership, viewing it as a platform crucial for influencing the direction of marine energy. He added that Alkagesta sees this as a chance to offer its knowledge in organised trade and logistics, while simultaneously gaining insights from other organisations equally dedicated to innovation and adherence to standards.
In 2025, Alkagesta had previously unveiled its intentions to supply Ultra-Low Sulphur Fuel Oil (ULSFO) across the Central and Eastern Mediterranean regions. This expansion was planned in anticipation of the introduction of an emission control area (ECA) in the Mediterranean Sea, Ship & Bunker reported. The company also established a dedicated trading desk for biofuels in Geneva and secured critical storage capacity at the Horizon terminal in Singapore, according to Ship & Bunker.
The decision by Alkagesta to align with IBIA underscores a broader industry trend towards collaboration and standardisation in a rapidly evolving market. As global shipping adapts to stricter environmental regulations and navigates geopolitical shifts, participation in international bodies like IBIA becomes increasingly vital for companies involved in fuel supply and logistics. This move can provide Alkagesta with enhanced networking opportunities, access to industry best practices, and a voice in regulatory discussions, which are all crucial for sustained growth and compliance within the marine energy sector. The integration of structured trade and logistics expertise, as mentioned by Alkagesta, could also prove beneficial to IBIA's collective efforts.
Source and attribution
This article is an original editorial summary written by Core Bulk Trade from reporting published by Manifold Times. It does not reproduce the source text. Facts are limited to those stated in the source material.
Read the original report at Manifold Times
- Source published:
- 14 Nov 2025, 09:00 UTC
- Retrieved:
- 4 Sept 2026, 06:26 UTC
- Verification:
- machine_checked
- Editor approval:
- approved
Editorial note: this summary was drafted with AI assistance from the named source and checked against our AI and content policy. It has not been independently verified beyond the source cited.
Sources and further reading
- Manifold Times — Malta-based Alkagesta becomes corporate member of IBIA
- Ship & Bunker — Alkagesta joins IBIA as corporate member
Newsletter
Core Bulk Trade — Market & Trade Briefing
A concise briefing on commodity, energy, fuel oil and shipping developments — written for traders, brokers, operators and analysts.
