
Alkagesta agrees Energy Petrol acquisition in first move into vessel ownership
The Malta-based trader’s Turkish marine fuel deal adds eight vessels and extends its business into direct bunker distribution, according to the company.
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Global shipping, trade & logistics intelligence

The Malta-based trader’s Turkish marine fuel deal adds eight vessels and extends its business into direct bunker distribution, according to the company.
· 2 min read

Alkagesta attended African Energy Week 2026 in Cape Town to engage industry stakeholders and support its petroleum products and fertilizer trading operations across Africa.
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Alkavex has concluded business development meetings with steel producers and trade partners across Tangshan and Tianjin to support supply flows to African markets.
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Alkagesta’s disclosures examine investigation claims against public records, sanctions registers and its published compliance framework.
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HD Hyundai Vietnam Shipyard, located in Khanh Hoa, is set to undertake a $100 million expansion project aimed at significantly increasing its annual ship production capacity by 2030.
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Alkavex has concluded business development meetings with steel producers and trade partners across Tangshan and Tianjin to support supply flows to African markets.
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Alkagesta’s disclosures examine investigation claims against public records, sanctions registers and its published compliance framework.
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Alkagesta outlines its ownership, leadership and compliance position in its transparency disclosures, with links to company registries, sanctions lists and screening reports.
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Alkagesta attended African Energy Week 2026 in Cape Town to engage industry stakeholders and support its petroleum products and fertilizer trading operations across Africa.
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According to data from the U.S. Energy Information Administration (EIA), three regional transmission organizations (RTOs) established new peak hourly load records during the recent summer period.
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OneSubsea, a joint venture supported by SLB, Aker Solutions, and Subsea7, has been awarded a contract by ExxonMobil for a liquefied natural gas project in Mozambique.
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A joint venture between Fluor and JGC has been awarded a multi-billion dollar contract for the next phase of Shell's Canadian LNG project, as reported by Offshore Energy.
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Cheniere Energy and Petrobras have entered into a long-term agreement for the supply of liquefied natural gas, strengthening energy ties between North and South America.
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TechnipFMC, a UK-based energy technology provider, has been awarded an integrated engineering, procurement, construction, and installation (iEPCI) contract for a deepwater project located off the coast of Sabah, Malaysia.
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Maritime Logistics
Maritime Logistics

Brent crude oil prices concluded trading above $106 per barrel, influenced by heightened geopolitical tensions in the Middle East and ongoing uncertainty regarding a potential energy truce between Russia and Ukraine.
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China experienced its weakest June for crude oil imports in a decade, yet refinery throughput remained robust, with the difference being met by drawing from storage tanks.
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Canadian oil and gas firm Valeura Energy has announced an oil discovery in the Gulf of Thailand, close to its current offshore operations, potentially leading to a new satellite development and prolonging the operational lifespan of existing infrastructure.
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Alkagesta's CEO, Orkhan Rustamov, recently contributed an opinion piece to City A.M., addressing the ongoing oil price movements and market instability stemming from tensions in the Strait of Hormuz.
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HD Hyundai Vietnam Shipyard, located in Khanh Hoa, is set to undertake a $100 million expansion project aimed at significantly increasing its annual ship production capacity by 2030.
· 2 min read

Ukraine is reportedly preparing a seized bulk carrier for sale, with an appraiser suggesting its potential use as a floating grain storage platform after years stranded in Chornomorsk.
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OPEC's latest monthly report indicated a substantial rise in dirty tanker spot freight rates across all vessel classes during September, driven by trade disruptions and extended voyages.
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International Seaways has announced an agreement to acquire Oslo-listed Bruton Limited, a deal that will add four modern crude tankers to its existing fleet.
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The Malta-based trader’s Turkish marine fuel deal adds eight vessels and extends its business into direct bunker distribution, according to the company.
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Opening the 24th Singapore International Bunkering Conference, the Maritime and Port Authority of Singapore unveiled an ammonia bunkering standard, new digital systems and support for electric harbour craft, arguing the industry must prepare for several marine fuels at once.
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A Maersk vessel will take on around 5,000 tonnes of ISCC-certified bioethanol at PSA's Pasir Panjang Terminal in Singapore's first ethanol bunkering operation, announced at Sibcon 2026.
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