Alkagesta has concluded its participation in SIBCON 2026 in Singapore, where discussions focused on marine fuel diversification, supply security and the commercial expansion of shipping decarbonisation initiatives. According to Alkagesta Newsroom, the company’s delegation held meetings with shipping and bunker market participants alongside the conference programme during the week.
The company’s account identified the shift towards using a broader range of marine fuels as a prominent conference theme. Sessions explored how biofuels, methanol and LNG could supplement conventional fuels, with their roles considered across different vessel categories and trading routes. The report presented these discussions as relevant to changes already taking place within Alkagesta’s trading business.
Alkagesta linked the conference themes to its own efforts to expand sustainable fuel capabilities. It cited a five-year offtake agreement for UCO feedstock and a multi-year agreement for biofuel storage at Pantank in Antwerp. Those arrangements formed the company’s stated backdrop to its engagement with the conference’s discussions on the developing marine fuel mix.
Security of supply was another recurring subject, Alkagesta Newsroom said. Participants discussed diversification as a way for operators to manage risk by limiting reliance on individual supply sources. The company’s account placed that debate against continuing supply pressures in global energy markets, with access to multiple fuels discussed as a means of strengthening operational resilience.
Conference sessions also considered the requirements for taking decarbonisation projects beyond trials and into commercial use. According to the report, industry leaders identified clearer regulation, safety frameworks and access to finance as important conditions for that transition.
Founder and chief executive Orkhan Rustamov attended with executives responsible for investments and asset management, APAC commodity trading, marine fuels distribution and marine fuel trading. Outside the sessions, the delegation met shipowners, bunker traders, customers, suppliers and other industry counterparts. Alkagesta said those exchanges supported existing relationships and explored potential collaboration across APAC.