CBL International Limited (BANL) has released an update.
Banle Energy International Limited, under Banle Group, has successfully provided B24 biofuel bunkering services to Yang Ming’s vessel in Shenzhen, marking the first such initiative in the region. The move supports the International Maritime Organization’s goals to reduce greenhouse gas emissions, with the B24 biofuel blend expected to cut GHG emissions by 20% compared to conventional fuels. The company, recognized for its marine fuel logistics in the Asia Pacific, continues to expand its sustainable fuel operations and partnerships.
For further insights into BANL stock, check out TipRanks’ Stock Analysis page.
