Fuels

Alpha Trading acquires a coastal warehouse in Trieste

The company plans to invest 20 million in the site over the next 5–10 years. CEO Parodi said: “We will make further acquisitions over the next 12 months.”

Il Deposito costiero di Trieste

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

Alpha Trading, a Genoa-based company which has specialised for over 40 years in the sale of fuels and supplies for the maritime sector, as well as in the production of modified bitumen and biofuels, is expanding. The company, controlled and led by Adriano Parodi and Stefano Marchiol (joined by minority shareholder and chairman Claudio Bombardieri), has acquired an oil terminal in Trieste. This is the Trieste Coastal Depot, which is passing from the Tosto Group to Alpha Trading, following the latter’s purchase of 100 per cent of the shares in the concessionaire company Seastosck.

“We plan,” explains Parodi, “to invest around 20 million euros in the site over the next 5–10 years, with the aim of making the depot more efficient and flexible, whilst strengthening health and safety, environmental protection and cyber security.” But that’s not all: “The acquisition of Seastock,” he continues, “represents a strategic move for Alpha Trading and the first step on a path of growth in the Mediterranean oil terminal sector. Indeed, we aim to make further acquisitions in the region over the next 12 months. The aim is to strengthen our presence in energy logistics by investing in infrastructure capable of meeting both the needs of traditional products and the growing demand for sustainable energy products.”

Loading...

Alpha Trading, moreover, had been operating at the coastal facility in Trieste since 2018, Parodi recalls, as a physical supplier of bunker fuel. “We already own other depots in Carbonara Scrivia and Solbiate Olona. These are tax-controlled, government-authorised depots, where we have historically carried out our business in both fuel oils and the production of modified bitumens and biofuels.”

Furthermore, the Genoa-based company has many years’ experience in marine bunkering and, as Parodi points out, ‘ranks amongst the top 10 independent operators in the world, with around 3.5 million tonnes sold (in 2026, ed.). “We have been involved in the production and marketing of biodiesel since 2004, and were among the first to develop this market for road transport. In recent years, however, we have also expanded our range of biofuels for maritime transport.”

The company currently has around 85 employees, a turnover of 2.3 billion euros, net assets of around 85 million euros in 2026, and representative offices in Singapore, India and Denmark.

Parodi and Marchiol have been at the helm of the company – where they previously held managerial roles – since 2013, the year in which they acquired control of it (from the Brancaccio family) following a management buy-out. This initiative involved Bombardieri, a minority shareholder who backed the two managers.

As for Trieste, the newly acquired depot covers an area of 62,000 square metres; it has a storage capacity of approximately 130,000 cubic metres, spread across 26 tanks; a quay for loading and unloading ships; a jetty dedicated to loading barges; two heating plants for warming the products; an internal railway network; and several loading bays for tankers.

“The volume of Alpha Trading products handled at the depot,” explains Parodi, “has risen from an initial figure of around 5,000 tonnes to the current 200,000 tonnes; and the aim is to reach 300,000 tonnes. With the 20 million investment we intend to commit over a period of 5–10 years, we also aim to enhance Trieste’s role as an energy logistics hub and support its evolution towards new types of products. Part of the site will be dedicated to sustainable energy products, including HVO and advanced biofuels.”

Copyright reserved ©
Loading...

Brand connect

Loading...

Newsletter

Notizie e approfondimenti sugli avvenimenti politici, economici e finanziari.

Iscriviti