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CBL International Limited Achieves EcoVadis Silver Medal, Ranking Among Top 15% Globally for Sustainability Performance
Globenewswire· 2025-12-16 03:03
Core Insights - CBL International Limited has been awarded the EcoVadis Silver Medal, placing it among the top 15% of organizations globally for sustainability performance [1][8]. Sustainability Performance - The EcoVadis Silver Medal recognizes CBL's strong sustainability management system across four dimensions: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement [2]. - CBL achieved a position in the 85th percentile or higher globally in the EcoVadis assessment, meeting rigorous score requirements in all sustainability categories [3]. Business Growth and Initiatives - CBL reported a 154.7% year-on-year increase in biofuel sales in the first half of 2025, highlighting the synergy between environmental stewardship and business growth [4]. - The company is committed to maritime decarbonization through biofuel distribution and next-generation fuel development [4]. Recognition and Awards - CBL has received the "Excellent Sustainability Award" at the CGMA Annual Awards 2025 and the "Directors of the Year Awards" for Dr. Teck Lim Chia from the Hong Kong Institute of Directors, reinforcing its leadership in sustainable maritime logistics [5]. Future Commitments - The company plans to enhance its environmental initiatives, social impact programs, and governance frameworks in alignment with global best practices [6].
Dr. Teck Lim Chia, Chairman and CEO of CBL International, Honored at the Prestigious Directors of the Year Awards
Globenewswire· 2025-12-11 08:16
Core Points - CBL International Limited's Chairman and CEO, Dr. Teck Lim Chia, has been awarded in the Directors of the Year Awards by the Hong Kong Institute of Directors for his contributions to corporate governance and sustainable value creation [1][2][3] Company Overview - CBL International Limited (NASDAQ: BANL) serves as the listing vehicle for the Banle Group, a marine fuel logistics company established in 2015, focusing on vessel refueling solutions [9] - The company operates in 65 major ports across regions including Asia Pacific, Europe, and Central America, promoting the use of sustainable fuels and holding ISCC EU and ISCC Plus certifications [9] Leadership Recognition - The award recognizes Dr. Chia's excellence in strategic oversight, ethical leadership, and long-term sustainable performance during his tenure at CBL International [2][3] - Under Dr. Chia's leadership, CBL has enhanced its investor relations, improved ESG disclosures, and maintained compliance with international standards [3][5] Company Values - Dr. Chia emphasized that governance is integral to decision-making at CBL, reflecting a commitment to integrity, innovation, and responsible growth [4] - The Board of CBL International expressed pride in Dr. Chia's leadership, highlighting his ability to balance strategic ambition with disciplined oversight [5]
CBL International Limited Wins Prestigious “CGMA Excellent Sustainability Award” at the CGMA Annual Awards 2025
Globenewswire· 2025-11-26 13:00
Core Points - CBL International Limited has been awarded the "CGMA Excellent Sustainability Award" at the CGMA Annual Awards 2025, recognizing its commitment to sustainable development and integration of ESG principles into its business strategy [1][2][3] Group 1: Award Recognition - The CGMA Annual Awards are prestigious in the industry, honoring excellence in management accounting and business leadership [2] - CBL was selected as the winner from a competitive field for its impactful sustainability initiatives, including measurable carbon reduction targets and ethical sourcing policies [3] Group 2: Company Leadership and Strategy - Dr. Teck Lim Chia, Chairman and CEO of Banle Group, emphasized that sustainability is a fundamental pillar of the corporate strategy, linking long-term business success to environmental stewardship and social responsibility [4] - The award reflects the dedication of the entire team at CBL in embedding sustainable practices across operations [4] Group 3: Company Overview - CBL International Limited, established in 2015, is a marine fuel logistics company based in the Asia Pacific region, providing vessel refueling solutions in 65 major ports [7] - The Group promotes the use of sustainable fuels and holds ISCC EU and ISCC Plus certifications [7]
CBL Appoints Mr. Yuan He to Board of Directors
Globenewswire· 2025-11-19 12:30
Core Insights - CBL International Limited has appointed Mr. Yuan He to its board of directors, effective December 1, 2025, enhancing its governance structure and strategic capabilities [1][3]. Company Overview - CBL International Limited, listed on NASDAQ as BANL, is the listing vehicle of Banle Group, a leading marine fuel logistics company established in 2015 [4]. - The company provides a one-stop solution for vessel refueling, known as bunkering, through local physical suppliers in 65 major ports across various countries including Belgium, China, and Singapore [4]. - Banle Group actively promotes sustainable fuels and has received ISCC EU and ISCC Plus certifications [4]. Leadership and Experience - Mr. Yuan He has been with the company since its inception in 2015, serving as senior vice president and overseeing the bunkering business division [2]. - He brings over 17 years of experience in the oil and gas industries and business management, positioning the Group as a key player in the marine fuel logistics market [2]. - Dr. Teck Lim Chia, Chairman and CEO, emphasized that Mr. He's extensive experience will be a significant asset to the Board and will help in expanding the company's footprint in the marine fuel and logistics sectors [3].
CLARIFICATION ANNOUNCEMENT
Globenewswire· 2025-10-24 12:55
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].
CBL International Limited (NASDAQ: BANL) to Present at the Emerging Growth Conference on September 24, 2025
Globenewswire· 2025-08-29 13:15
Company Overview - CBL International Limited (NASDAQ: BANL) is the listing vehicle of Banle Group, a leading marine fuel logistic company in the Asia-Pacific region, established in 2015 [4] - The company provides a one-stop solution for vessel refueling, known as bunkering, and operates through local physical suppliers in over 60 major ports across various countries including Belgium, China, India, Japan, and Singapore [4] - CBL is committed to promoting sustainable marine fuels and has received ISCC EU and ISCC Plus certifications [4] Upcoming Presentation - CBL International Limited has been invited to present at the Emerging Growth Conference on September 24, 2025, at 1:10 PM Eastern Time for a 30-minute session [1] - The presentation will be delivered by Dr. Teck Lim Chia, Chairman and CEO, and Ms. Venus Zhao, IR and PR Director, focusing on the company's growth strategy, global network expansion, and commitment to sustainable marine fuels [2] Interactive Session - Following the presentation, Dr. Chia will participate in a live Q&A session where participants can submit questions in advance or during the session [3] - Registered participants will have access to the live webcast, and an archived version will be available for those unable to attend [3]
CBL International Limited Announces Share Repurchase Program Repurchase Reflects the Board’s Confidence in Long-Term Growth
Globenewswire· 2025-06-03 20:30
Core Viewpoint - CBL International Limited has announced a share repurchase program, reflecting confidence in its long-term potential and commitment to delivering value to shareholders [1][3]. Financial Performance - For FY2024, CBL reported consolidated revenue of $592.52 million, a 35.9% increase from $435.90 million in 2023, driven by a 38.1% increase in sales volume [3]. Strategic Focus - The company aims to expand its market presence, particularly in biofuels, and enhance its global supply network while driving operational efficiency and sustainable growth [4]. - CBL's strategic initiatives include the expansion of ports, diversification of its client base, and commitment to sustainable practices to position itself for growth as market conditions improve [5]. Company Overview - CBL International Limited, established in 2015, is a marine fuel logistics company based in the Asia Pacific region, providing vessel refueling solutions across over 60 major ports [6].
CBL International Limited Announces Name Change of Singapore Subsidiary to Support Regional Growth Strategy
Globenewswire· 2025-05-26 13:00
Company Overview - CBL International Limited, the listing vehicle of Banle Group, is a leading marine fuel logistics company in the Asia-Pacific region [1][7] - The company has officially renamed its Singapore-based subsidiary from Majestic Energy (Singapore) Pte Ltd to Banle International (Singapore) Pte Ltd to support its regional growth strategy [2][5] Market Dynamics - Singapore is the world's largest bunkering hub, with annual sales close to 55 million metric tons in 2024, reflecting a 6% year-over-year increase compared to 2023 [3] - While conventional fuels dominate the market, there is a steady rise in demand for sustainable fuels such as biofuels, LNG, and methanol [3] - Biofuel sales in Singapore for the first four months of 2025 have already surpassed 50% of the total volume recorded in 2024 [3] Company Performance - CBL's revenue in Singapore increased by 102% year-over-year in 2024 compared to 2023 [4] - The company launched its first biofuel supply services in Singapore in March 2025, marking a significant step in its initiative to offer sustainable fuel alternatives [4] - CBL's biofuel sales volumes surged over 600% year-over-year in 2024, supported by strengthened supplier relationships and reliable supply chains [4] Strategic Commitment - The renaming of the subsidiary underscores CBL's commitment to the Singapore market and its strategic expansion into sustainable fuels [2][5] - CBL aims to support the global maritime industry's transition toward greener energy solutions [5] - The company differentiates itself through agile operations and a customer-centric approach, enabling it to capture new opportunities in both traditional and emerging fuel segments [5][6] Future Outlook - CBL is well-positioned to grow alongside Singapore's vision of becoming a leader in sustainable maritime solutions, supported by a robust regulatory environment and strong government backing [6]
CBL International Limited Announces Name Change of Singapore Subsidiary to Support Regional Growth Strategy
GlobeNewswire News Room· 2025-05-26 13:00
Core Insights - CBL International Limited has officially renamed its Singapore-based subsidiary from Majestic Energy (Singapore) Pte Ltd to Banle International (Singapore) Pte Ltd to enhance its regional growth strategy and commitment to the Singapore market [1][2]. Company Developments - The renaming reflects the Group's strategic expansion into sustainable fuels, aligning with the global maritime industry's transition towards greener energy solutions [2][5]. - CBL's revenue in Singapore increased by 102% year-over-year in 2024 compared to 2023, indicating strong growth in the region [4]. - The company launched its first biofuel supply services in Singapore in March 2025, with subsequent expansions planned for Malaysia, Hong Kong, and various ports in China [4]. Industry Trends - Singapore remains the world's largest bunkering hub, with annual sales close to 55 million metric tons in 2024, a 6% increase from 2023 [3]. - Demand for sustainable fuels, including biofuels, LNG, and methanol, is rising, with biofuel sales in the first four months of 2025 already surpassing 50% of the total volume recorded in 2024 [3]. - CBL's biofuel sales volumes surged over 600% year-over-year in 2024, supported by strengthened supplier relationships and reliable supply chains [4]. Strategic Positioning - CBL differentiates itself in Singapore's competitive bunkering sector through agile operations and a customer-centric approach, enabling it to capture new opportunities in both traditional and emerging fuel segments [5]. - The company is well-positioned to grow alongside Singapore's vision of becoming a leader in sustainable maritime solutions, supported by a robust regulatory environment and strong government backing [6].
CBL International Limited (NASDAQ: BANL) to Participate in Noble Capital Markets’ Emerging Growth Virtual Equity Conference on June 4-5, 2025
Globenewswire· 2025-05-23 13:00
Company Overview - CBL International Limited (NASDAQ: BANL) serves as the listing vehicle for Banle Group, a prominent marine fuel logistics company in the Asia-Pacific region, established in 2015 [3] - The company specializes in providing a one-stop solution for vessel refueling, known as bunkering, and operates through local physical suppliers in over 60 major ports across various countries including Belgium, China, India, Japan, and Singapore [3] - Banle Group is committed to promoting sustainable fuels and has received ISCC EU and ISCC Plus certifications [3] Upcoming Event - The company will present at Noble Capital Markets' Emerging Growth Virtual Equity Conference on June 4, 2025, at 3:30 PM Eastern Standard Time, featuring a fireside chat and Q&A session [1] - Registered investors will have the opportunity to schedule one-on-one meetings with Ms. Venus Zhao, the IR and PR Director [1][5] Post-Event Access - A webcast replay of the presentation will be available for 90 days following the event [2]