{
  "id": 19304752,
  "title": "Alpha trading acquires Trieste coastal deposit",
  "url": "https://urgent.news/2026/11/10/alpha-trading-acquisisce-deposito-costiero-di-trieste",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-10T07:30:00.000Z",
  "source": {
    "name": "Il Sole 24 Ore",
    "slug": "il-sole-24-ore",
    "url": "https://www.ilsole24ore.com/art/alpha-trading-acquisisce-deposito-costiero-trieste-AJFkOUAC"
  },
  "original_language": "it",
  "account": "Alpha trading, the Genovese company specializing in fuel sales, naval supplies, modified bitumen and biofuels, has acquired a Trieste coastal terminal. The company, controlled and led by Adriano Parodi and Stefano Marchiol (joined by minority partner and president Claudio Bombardieri), has taken over the Deposito costiero di Trieste from the Tosto group. The acquisition involves the acquisition of 100% of the concessionaire Seastosck. \"We plan to invest around 20 million euros at the site over the next 5-10 years,\" explains Parodi, \"aiming to make the terminal more efficient and flexible, enhancing workplace safety, environmental protection and cybersecurity.\" However, the acquisition is also a strategic step for Alpha trading and marks the first phase of a growth plan in the Mediterranean area of petroleum terminals. The company aims to make further acquisitions in the area over the next 12 months, with the goal of strengthening its presence in energy logistics and investing in infrastructure capable of responding to both traditional products and the growing demand for sustainable energy products. Alpha trading had been present at the Trieste coastal structure since 2018 as a physical bunker supplier. \"We already own other depots in Carbonara Scrivia and Solbiate Olona,\" Parodi recalls, \"which are fiscal, ministerial depots where we have historically carried out activities in terms of fuel and modified bitumen and biofuels.\" The Genovese company also has several years of experience in naval bunkerage and, Parodi emphasizes, \"is among the top 10 independent operators in the world, with approximately 3.5 million tons sold in 2026.\" The company is active in the production and marketing of biodiesel since 2004 and has been among the pioneers in developing this market for road transport. Over the past years, the company has also expanded its biofuel supply for maritime transport. Alpha trading now employs around 85 people, has a turnover of 2.3 billion euros, a net asset value of around 85 million euros, and offices of representation in Singapore, India and Denmark. In Trieste, the recently acquired terminal has a surface area of 62,000 square meters, a storage capacity of around 130,000 cubic meters, divided into 26 tanks, a quay for loading and unloading ships, a dedicated pontoon for cargo loading, two heating plants for product heating, an internal railway network, and several mooring bays for tankers. \"Alpha trading's movement of products at the terminal has increased from the initial 5,000 tons to the current 200,000 tons,\" Parodi clarifies, \"and the goal is to reach 300,000 tons. With the 20 million euros we intend to invest over the next 5-10 years, we also aim to enhance Trieste's role as an energy logistics hub and accompany its evolution towards new types of products. A portion of the site will be dedicated to sustainable energy products, including Hvo and advanced biofuels.\"",
  "summary": "Alpha trading, a Genoa-based company specialising for over 40 years in the sale of fuels and supplies for the shipping sector as well as in the production of modified bitumens and...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}