Alkagesta has recently expanded its carbon trading offerings to include EU Emissions Trading System (EU ETS) allowances, according to reports from Ship & Bunker, Ship.energy, and Bioenergy International.
The company's new offering will also encompass the expanded ETS2 scheme, which is scheduled to take effect in 2028, as noted by Ship.energy.
The EU ETS, established in 2005 and extended to the shipping sector in January 2024, is significant for Alkagesta due to its global reach and the company's extensive trading operations across various commodity markets.
Anthony Guida, Biofuels Trading Desk Lead at Alkagesta, stated that trading EU ETS allowances alongside their CORSIA-eligible SAF and biofuels business allows them to support clients with diverse carbon obligations from a single desk.
Mr. Guida further explained that as ETS2 includes smaller businesses and ReFuelEU blending requirements increase, having one trading partner for allowances, credits, and physical fuel supply becomes increasingly valuable.
He concluded that Alkagesta is well-positioned to support clients through this evolving landscape, providing comprehensive services for their carbon compliance needs.
