Shipping
Reach Subsea and Eidesvik deliver IMR vessel Viking Reach
The joint venture partners have finalised the sale of the 2009-built IMR vessel Viking Reach, with both companies reporting anticipated financial gains from the transaction.
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shipping
32articles
Markets
European gasoil market faces supply tightness and rising freight costs
Alkagesta reports that low inventories and Rhine River transport bottlenecks are driving price volatility and increased freight rates across the European gasoil market.
Shipping
Newbuilding contracting activity rises across shipping sectors
Shipowners are expanding fleets with significant newbuilding orders for tankers and bulk carriers, while secondary market values remain stable amid shifting sector demand.
Shipping
Alkagesta acquires Turkish marine fuel distributor Energy Petrol
Alkagesta has acquired Turkish marine fuel distributor Energy Petrol, marking its first move into vessel ownership and expanding its global storage capacity.
Shipping
Alkagesta discusses energy growth at African Energy Week 2026
Alkagesta attended the African Energy Week 2026 conference in Cape Town to engage with regional stakeholders and discuss the future of African energy markets.
Bulk Carriers
Star Bulk sells 35% stake in two kamsarmaxes to Hermes
Nasdaq-listed Star Bulk Carriers has divested a 35% interest in two 2026-built kamsarmax bulkers to Hermes World Maritime, while retaining full commercial and technical management of the vessels.
Markets
What Alkagesta Brought to Singapore, and What Singapore Gave Back
Alkagesta Asia Pte Ltd brought European-standard structuring and compliance to Asian counterparties; in return, Singapore offered access to Asia's largest commodity ecosystem.
Shipping
Golar LNG acquires carrier for fourth FLNG conversion project
Golar LNG has purchased the 2013-built Grace Dahlia from NYK Line for conversion into its fourth floating LNG production unit, with delivery expected in 2029.
Bulk Carriers
World’s first ammonia-powered dry bulk carrier ready for maiden voyage
Belgian shipowner CMB.TECH has completed sea trials for the Mineral Europa, the world's first ammonia-powered dry bulk carrier, marking the start of a 21-vessel decarbonisation programme.
Shipping
Volare Shipping commences trading on Euronext Growth Oslo
Volare Shipping, a Trafigura Group entity, has begun trading on Euronext Growth Oslo following a USD 500 million private placement to support its modern VLCC fleet operations.
Shipping
Alkagesta hosts banking summit in Malta to discuss trade finance
Alkagesta hosted its Banking Partners Summit in Malta, highlighting over USD 1 billion in financial support for its global trading and operations.
Markets
Alkagesta Awarded EcoVadis Committed Badge for Sustainable Business Practices
The commodity trader has been recognised by sustainability ratings provider EcoVadis for responsible practices across its global trading operations.
Shipping
Petronas LNG Ltd. takes delivery of newbuild LNG carrier Puteri Kelantan
Petronas LNG Ltd. has expanded its fleet with the delivery of the newbuild LNG carrier Puteri Kelantan, constructed at Hudong-Zhonghua Shipbuilding to support global energy demand.
Container Shipping
Offen Group eyes containership newbuilding return at GSI
Hamburg-based tonnage provider Offen Group is in discussions for up to four 7,000 TEU containerships at China’s Guangzhou Shipyard International, potentially marking its first newbuilding order in over a decade.
Container Shipping
Maersk reportedly planning major containership order expansion
Maersk is reportedly preparing a significant newbuilding programme that could double its current orderbook, as the carrier seeks to secure future capacity and maintain service coverage.
Markets
Alkagesta files defamation proceedings against the Maltese Herald in Malta court
The Malta-based commodities trader says a year of false and unevidenced reporting has caused commercial harm, and has filed a complaint in Malta's Court of Magistrates.
Markets
Alkagesta joins fertilizer traders in Istanbul as Argus conference weighs shifting trade flows
The commodity trader's fertilizer desk attended the Argus Fertilizer Caspian, Black Sea and Eastern European Markets Conference 2026, where CBAM, Turkish hub growth and Central Asian supply dominated the agenda.
Shipping
Alkagesta CEO addresses record shipping costs in new analysis
Alkagesta CEO Orkhan Rustamov outlines strategies for managing record-high freight costs and building supply chain resilience in a recent industry opinion piece.
Freight Rates
Alkagesta chief urges shipping to treat record freight costs as a solvable problem
Writing for The Motorship, Alkagesta chief executive Orkhan Rustamov argues that owners and traders must build agility, diversification and contingency planning into supply chains rather than accept record transport costs as permanent.
Anchor Point Editorial DeskAnalysis
Shipping
Hybrid-electric propulsion design for next-gen LNG carriers
Lloyd’s Register and South Korean shipbuilders have secured approval in principle for a hybrid-electric LNG carrier design, aiming to enhance efficiency and set new technical standards.
Shipping
Alkagesta reports growth in Singapore marine fuels market
Alkagesta has expanded its Singapore operations, securing storage at Horizon Terminal and reaching a 5% share of the local marine fuels market.
Shipping
Babcock LGE secures contract for four VLGC newbuildings
Scottish engineering firm Babcock LGE will provide gas handling systems for four 88,000 cbm VLGCs being built by Samsung Heavy Industries for Oceonix.
Shipping
Alkagesta discusses trade and regional growth at GTR Asia 2026
Alkagesta representatives attended the GTR Asia 2026 conference in Singapore to strengthen financial partnerships and review the expansion of its regional marine fuel and naphtha trading operations.
Shipping
Alkagesta joins International Bunker Industry Association as corporate member
Malta-based commodity and bunker firm Alkagesta has joined the International Bunker Industry Association as a corporate member to support its ongoing expansion in marine energy.
Shipping
Alkagesta expands commodity finance role in Malta
Commodity trader Alkagesta is leveraging global banking partnerships and expanded storage capacity to position Malta as a central hub for international trade finance and logistics.
Shipping
Alkagesta evaluates ULSFO supply expansion to Spain
Marine fuels firm Alkagesta is exploring the expansion of its ULSFO and biofuel supply footprint into Spain to support the Mediterranean emission control area.
Markets
Alkagesta scales waste-based biofuel investments in London
Alkagesta is expanding its role in the renewable fuels market by integrating commodity trading and structured finance to support the global circular economy.
Markets
Alkagesta expands role in European biofuels market
Alkagesta is strengthening its position in the European biofuels sector by providing operational and compliance support to connect niche feedstock suppliers with mainstream end users.
Markets
Alkagesta joins Swiss trading association Suissenégoce
Global commodity trading house Alkagesta has joined Suissenégoce, the Swiss association representing international traders, to strengthen its commitment to compliance and sustainable industry practices.
Shipping
Alkagesta establishes Malta as a global commodity trading hub
Maltese-based Alkagesta has evolved from a regional bunkering provider into a global commodity trading house, managing flows of petroleum, fertilizers, and biofuels across 42 countries.
Shipping
Alkagesta secures $15 million credit facility with FIMBank Plc
Malta-based commodity trader Alkagesta has finalised a $15 million revolving inventory credit facility with FIMBank Plc, bringing its total credit capacity to over $1 billion.
Markets
Alkagesta enters metals trading via Alkanavex joint venture
Alkagesta has formed a joint venture with French steel trader Navex SAS to establish Alkanavex, marking the firm's formal entry into the global metals trading sector.