Core Viewpoint - CBL International Limited is addressing recent fluctuations in its share price and trading volume, affirming that all operations are normal and no undisclosed material information is affecting the market activity [1][2]. Company Overview - CBL International Limited (NASDAQ: BANL) serves as the listing vehicle for Banle Group, a prominent marine fuel logistics company established in 2015, operating primarily in the Asia-Pacific region [4]. - The company provides a comprehensive solution for vessel refueling, known as bunkering, through local suppliers in 65 major ports across various countries including Belgium, China, India, Japan, and Singapore [4]. - Banle Group is committed to promoting sustainable fuels and has received ISCC EU and ISCC Plus certifications [4]. Operational Status - The company confirms that all operations are running as usual and emphasizes its commitment to transparency and compliance with U.S. Securities and Exchange Commission and Nasdaq regulations [2].
CLARIFICATION ANNOUNCEMENT