Arkas Bunker

What Arkas Bunker does

Arkas Bunker (legal entity: Arkas Petrol Ürünleri ve Ticaret A.Ş.) is a privately held Turkish marine fuel supplier founded in 2006 and operating as a subsidiary of Arkas Holding. The company provides physical bunker fuel supply to vessel operators and shipowners at all Turkish ports using an owned fleet of six double-hull tankers totaling 18,888 DWT (including M/T Ulucak, M/T Urla 1, M/T Alsancak 2, M/T Yıldızburnu, M/T Bayraklı, M/T Alaçatı, and the 4,137 DWT M/T Çeşme). Its service portfolio also includes worldwide bunker trading to meet shipowners' fuel demands in international ports and liquid cargo chartering between Mediterranean and Black Sea ports.

Arkas Bunker's product line covers three marine fuel categories: Fuel Oil (high-viscosity, economical for long voyages), Marine Gas Oil / MGO (lighter, lower-sulfur), and a biofuel portfolio comprising Bio24F (24% ISCC-certified used cooking oil methyl ester / UCOME blended with 76% VLSFO), Bio30F (30% UCOME blend, 25-28% CO2 reduction, positioned for EU FuelEU Maritime compliance), and B100 UCOME Biodiesel (>80% lifecycle carbon emission reduction). All biofuels are positioned as drop-in solutions requiring no engine modifications and are backed by Proof of Sustainability and Proof of Compliance documentation under the company's ISCC certification — the first such certification in Türkiye's maritime fuel sector, obtained in February 2024.

The company operates a quote-based, transaction-fee revenue model with BIMCO Bunker Terms 2018 and approximately 30-day payment terms post-delivery, targeting enterprise shipping companies, vessel operators, and sustainability-focused shipowners. Distribution combines owned-asset direct supply (Turkish ports) with partnership-based worldwide trading; go-to-market is enterprise field sales supported by a digital sales department. Since 2006, the company reports having supplied over 25,000 vessels and ranked first in EMRA's 2012 transit marine fuel sales with 480,277 tons. It maintains headquarters in İzmir and a regional office in İstanbul, is an IBIA member, and supports eight UN Sustainable Development Goals.

Name

Arkas Bunker

Legal name

Arkas Petrol Ürünleri ve Ticaret A.Ş.

Website

https://arkasbunker.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Arkas Bunker is a privately held Turkish marine fuel supplier that provides physical bunkering at all Turkish ports via an owned fleet of six double-hull tankers, worldwide bunker trading, and an ISCC-certified biofuel line, serving enterprise shipping companies and vessel operators.

Ownership category

akta.pro rank

Product category

Marine Fuel Supply / Bunker Services

NAICS

Marine Cargo Handling (488320)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Water Transportation (4400)

akta.pro primary industry

Conventional Marine Fuel Bunkering (HFO/VLSFO/MGO/ULSFO) (TLAHAKAA)

akta.pro secondary industries

Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen) (TLAHAKAC), Bunker Barge & Delivery Operations (STS, Safety, Scheduling) (TLAHAKAG), Marine Bunkering & Port Fuel Supply (EUALAIAG)

Keywords

• Marine fuel supply
• Marine biofuels
• Bunker services
• Vessel chartering
• Sustainable shipping fuels

Headquarters

HQ city

İzmir

HQ country

Türkiye

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Marine Fuel Sales (Bunkering): Physical bunker supply of marine fuels (Fuel Oil, Marine Gas Oil, Biofuels) to vessels at Turkish ports using owned fleet of 6 double-hull tankers. Revenue generated through direct fuel transactions priced per unit.
2. Worldwide Bunker Trading: International bunker trading operations meeting fuel demands of shipowners in all ports of the world through partnerships and supply network.
3. Liquid Cargo Chartering: Chartering services for liquid cargo transportation between Mediterranean and Black Sea ports using owned vessel fleet.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Arkas Bunker physically supplies marine fuels (Fuel Oil, Marine Gas Oil, and ISCC-certified biofuels Bio24F, Bio30F, B100 UCOME Biodiesel) to vessels at all Turkish ports using an owned fleet of six double-hull tankers totaling 18,888 DWT. It also conducts worldwide bunker trading and liquid cargo chartering between Mediterranean and Black Sea ports, serving shipowners, shipping companies, and vessel operators needing reliable and sustainable marine fuel supply.

Product overview

Arkas Bunker is a marine fuel supplier offering a portfolio of three main marine fuel products: Fuel Oil (high-viscosity fuel for economical long voyages), Marine Gas Oil (lighter, cleaner alternative with lower sulfur), and Biofuels (sustainable drop-in solutions). The biofuel line includes Bio24F (24% bio-content blend), Bio30F (30% bio-content for EU FuelEU compliance), and B100 (100% pure biodiesel). Services include physical bunker supply across Turkish ports via the company's owned fleet of six double-hull tankers, worldwide bunker trading, and chartering for liquid cargo between Mediterranean and Black Sea ports. The company pioneered Türkiye's first ISCC-certified biofuel supply and conducts operations from headquarters in Izmir with an office in Istanbul.

Differentiator

Problem solved

Functional benefit

Brands

• Bio24F: A marine biofuel blend composed of 24% ISCC-certified used cooking oil methyl ester (UCOME) and 76% fuel oil.
• Bio30F
• B100 UCOME Biodiesel

Products and services

• Fuel Oil High-viscosity petroleum-derived marine fuel produced through crude oil refining, designed for economical long-distance voyages and commonly used for shipping, heating, energy generation, and industrial processes.
• Marine Gas Oil (MGO) Lighter, cleaner fossil fuel obtained through fractional distillation of crude oil, with lower viscosity and sulfur content compared to traditional fuel oils, offering reduced emissions for maritime vessels.
• Bio24F Marine biofuel blend composed of 24% ISCC-EU certified used cooking oil methyl ester (UCOME) and 76% fuel oil, serving as a drop-in solution requiring no engine modifications.
• Bio30F Marine biofuel blend of 30% ISCC-EU certified bio-component (UCOME) and 70% fuel oil, delivering 25-28% carbon emission reduction and designed for EU FuelEU Maritime compliance.
• B100 UCOME Biodiesel 100% pure biodiesel produced entirely from used cooking oil methyl ester (UCOME), offering over 80% lifecycle carbon emission reduction with a zero deforestation policy.
• Physical Bunker Supply Physical bunker supply services meeting fuel demands of vessels in all Turkish ports using the company's own fleet of six double-hull tankers, including Fuel Oil, Marine Gas Oil, and Biofuels.
• Worldwide Bunker Trading International bunker trading services meeting fuel demands of shipowners in ports worldwide through established network partnerships.
• Chartering Services Liquid cargo transportation services between all ports of the Mediterranean and Black Sea using the company's fleet of vessels and experienced team.

Quantifiable outcome

• Bio24F reduces lifecycle carbon emissions by approximately 20-80% depending on blend ratio
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• International Bunker Industry Association (IBIA)coreOthersAs a member of IBIA, Arkas Bunker participates in the global bunker industry association that represents the interests of bunker suppliers, traders, and consumers worldwide. IBIA provides networking, industry standards, and regulatory advocacy.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Peninsula Petroleum: Independent global bunker trader with Mediterranean supply hubs. Comparable as an asset-light worldwide bunker trader with a similar product portfolio and customer mix to Arkas Bunker's worldwide trading arm.
• GAC Bunker Fuels: Global bunker trading arm of the GAC group, supplying marine fuels worldwide including the Mediterranean. Directly comparable global trader footprint with overlapping physical supply partnerships.
• Aegean Marine Petroleum Network (now Minerva Bunkering / affiliated entities): Historically a leading Mediterranean/Black Sea physical bunker supplier, restructured around Minerva Bunkering. Closely comparable in geography, product mix (FO/MGO/biofuels) and customer segment to Arkas Bunker.
• Bunker Holding: Danish-headquartered global bunker trading group operating multiple bunker supplier brands worldwide. Directly comparable as an asset-light independent trader with overlapping customer base and Mediterranean presence.
• Targe Marine: Istanbul-based independent marine fuel supplier and physical bunker trader serving Turkish and Mediterranean ports. Directly comparable as a Turkey-headquartered bunker operator with overlapping port coverage, vessel fleet and customer base.

Broad incumbents

• Shell Marine: Global marine fuel and lubricants supplier under Shell, with significant Mediterranean and Turkish bunker operations. Comparable product set including biofuels, but operates as part of a major integrated oil company.
• BP Marine: Marine fuels arm of BP, one of the world's largest bunker suppliers with global port coverage including Turkish ports. Comparable product line (FO/MGO/biofuels) but as part of a much larger oil-major portfolio.
• TotalEnergies Marine Fuels: Marine fuels arm of TotalEnergies, supplying conventional and bio-based marine fuels globally. Comparable in alternative-fuel bunkering ambition and Mediterranean coverage, but with much broader corporate scale.
• World Fuel Services: Large US-listed global bunker and aviation fuel supplier with significant Mediterranean and Turkish presence. Comparable across product portfolio and global trading model, but operates at much greater scale and scope.

Emerging players

• GoodFuels / Zero44: Sustainable marine biofuels supplier and fuel-transition platform focused on biofuel bunkering and decarbonization advisory. Comparable to Arkas Bunker's biofuel pivot as a focused emerging player in the sustainable marine fuels niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/arkas-bunker
• Facebookfacebook.com/arkasbunker
• Instagraminstagram.com/arkasbunker

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arkas Bunker