Alkagesta said it had completed a week of conference sessions and commercial meetings at SIBCON 2026 in Singapore, where marine fuel diversification and supply security were prominent topics. In its account of the event, the company linked those discussions to its own expansion in sustainable fuels and described meetings with shipping and bunker market participants across the Asia-Pacific region.
According to Alkagesta, conference discussions considered how biofuels, methanol and LNG could supplement conventional marine fuels for different vessel types and trading routes. The company cited two existing commitments as examples of its involvement in that shift: a five-year UCO feedstock offtake agreement and a multi-year agreement for biofuel storage at Pantank in Antwerp. Its conference report did not disclose volumes, financial terms or a new transaction arising from the Singapore meetings.
Supply reliability was another recurring subject in the company’s summary. Alkagesta reported that participants discussed diversification as a way for operators to limit reliance on individual fuel supply sources and strengthen resilience amid continuing pressures in global energy markets. The account presented the move towards a broader fuel mix as both a supply-risk management issue and part of the sector’s longer-term transition.
The conference also examined the barriers to expanding decarbonisation projects beyond pilot programmes. Alkagesta said industry leaders identified clearer regulation, safety frameworks and financing access as important conditions for commercial-scale deployment. Alongside those sessions, its team met shipowners, bunker traders, customers, suppliers and other industry counterparts, with the stated aim of maintaining established relationships and considering further collaboration in APAC.
Alkagesta’s delegation comprised founder and chief executive Orkhan Rustamov; Tural Huseynov, managing director for investments and asset management; Agshin Bakirzade, APAC commodity trading director; Mithat Çiftçioğlu, marine fuels distribution director; and senior marine fuel trader Afiq Salim.