CBL International Limited Featured on The Nasdaq MarketSite

Core Insights - CBL International Limited, led by Chairman and CEO Mr. Teck Lim Chia, emphasizes its commitment to sustainability and growth in the bunkering industry, particularly through the adoption of sustainable fuels [1][3][4]. Company Overview - CBL International Limited is the listing entity of Banle Group, established in 2015, and focuses on providing comprehensive refueling solutions across over 60 ports globally [6]. - The company went public on Nasdaq in 2023 and has expanded its operations into new markets, including Europe and Africa, in addition to Asia Pacific [3][6]. Sustainable Initiatives - CBL has adopted sustainable fuels, such as B24 biofuel, resulting in a nearly 96% increase in biofuel sales in the first half of 2024, aligning with global decarbonization efforts [3]. - The company has received ISCC EU and ISCC Plus certifications, highlighting its commitment to promoting sustainable fuels [6]. Future Outlook - Mr. Chia expresses optimism about the future of the bunkering industry and CBL's role in driving the transition to sustainable fuels, contributing to global decarbonization efforts [4].