International Bunker Industry Association evolves to support shipping’s energy transition

The International Bunker Industry Association announced Oct. 22 that it is evolving to effectively support shipping’s energy transition.  

As the industry transitions to low- and zero-carbon fuels such as biofuels, LNG, methanol and ammonia, IBIA is expanding its membership and services to better represent a broader marine fuels supply chain. 

As the industry continues its shift toward low- and zero-carbon fuels, IBIA is building on its existing work to address the growing need for reliable bunkering infrastructure, fuel-quality standards and safe delivery processes while remaining committed to supporting transparency, quality and availability of conventional fuels during the transitional period. 

“Since 1993, IBIA has acted as the trusted voice of the marine energy supply chain, focused on promoting transparency, quality and high standards in the purchase and delivery of marine fuels to vessels,” said Constantinos Capetanakis, the chair of the IBIA board and Star Bulk bunker director. “As the industry evolves amidst the emerging future-fuels landscape, IBIA remains committed to guiding the industry through the supply challenges facing the marine fuels market. We recognize that, as an organization, we too must evolve to effectively support shipping’s energy transition.” 

From shipowners to next-generation fuel providers, IBIA’s membership spans the entire bunker and marine energy supply chain.  

Its membership extends over 70 countries, ranging across traditional and alternative marine fuels suppliers, traders, brokers, barging companies, ship owners/operators, storage companies, surveyors, port authorities, industry associations, credit-reporting companies, lawyers, protection and indemnity clubs, equipment manufacturers, shipping journalists and marine consultants. 

In line with IBIA’s evolution, the organization is refreshing its logo and brand identity to represent its more diverse global membership across both the traditional marine fuels sector and new and emerging marine fuels supply chains. 

“Regulatory targets are encouraging a more sustainable future for shipping,” said Alexander Prokopakis, IBIA’s executive director. “To achieve this, the fuels landscape is evolving rapidly with inherent obstacles to overcome—IBIA’s diverse membership makes it uniquely positioned to play a central role in aiding the industry’s progress. The organization will expand into a more diverse global membership, representing not only the traditional marine fuels sector but also stakeholders across the new and emerging marine fuels supply chain. This will create more opportunities to have their voices represented at the International Maritime Organization, to access educational resources and to benefit from network engagement.” 

Marine energy bunkering remains the most widespread method of delivering fuel to vessels, regardless of the fuel choice, and performs a central role in connecting the production and supply of marine fuels.  

IBIA said it will continue to provide independent guidance, safety protocols, practical resources and regulatory insight to help the market navigate emerging challenges with confidence and clarity.